Company Valuation: INDITEX

Data adjusted to current consolidation scope
Fiscal Period: January 2021 2022 2023 2024 2025 2026 2027 2028
Capitalization 1 76,285 83,293 89,057 123,620 164,209 161,593 - -
Change - 9.19% 6.92% 38.81% 32.83% -1.59% - -
Enterprise Value (EV) 1 68,725 73,934 78,987 112,214 152,714 152,061 151,146 150,099
Change - 7.58% 6.83% 42.07% 36.09% -0.43% -0.6% -0.69%
P/E ratio 69x 25.7x 21.6x 23x 28x 26.2x 24.1x 22.2x
PBR 5.25x 5.29x 5.24x 6.63x 8.34x 7.95x 7.45x 7.17x
PEG - 0x 0.8x 0.8x 3.12x 5.25x 2.75x 2.63x
Capitalization / Revenue 3.74x 3.01x 2.73x 3.44x 4.25x 4.05x 3.79x 3.54x
EV / Revenue 3.37x 2.67x 2.43x 3.12x 3.95x 3.82x 3.54x 3.28x
EV / EBITDA 15.1x 10.3x 9.13x 11.4x 14.2x 13.7x 12.6x 11.6x
EV / EBIT 45.6x 17.3x 14.3x 16.5x 20.2x 19.2x 17.5x 16x
EV / FCF 29.8x 13.1x 21.7x 16.5x 23.1x 29.9x 21.7x 20.2x
FCF Yield 3.36% 7.61% 4.61% 6.06% 4.33% 3.34% 4.62% 4.96%
Dividend per Share 2 0.7 0.93 1.2 1.54 1.68 1.769 1.936 2.104
Rate of return 2.86% 3.48% 4.19% 3.88% 3.19% 3.41% 3.73% 4.06%
EPS 2 0.355 1.042 1.327 1.729 1.884 1.978 2.151 2.332
Distribution rate 197% 89.3% 90.4% 89.1% 89.2% 89.4% 90% 90.2%
Net sales 1 20,402 27,716 32,569 35,947 38,632 39,853 42,645 45,703
EBITDA 1 4,552 7,183 8,649 9,850 10,728 11,114 11,997 12,905
EBIT 1 1,507 4,282 5,520 6,809 7,554 7,935 8,649 9,385
Net income 1 1,106 3,243 4,130 5,381 5,866 6,151 6,706 7,292
Net Debt 1 -7,560 -9,359 -10,070 -11,406 -11,495 -9,532 -10,447 -11,494
Reference price 2 24.49 26.74 28.62 39.71 52.72 51.88 51.88 51.88
Nbr of stocks (in thousands) 3,114,926 3,114,926 3,111,719 3,113,070 3,114,746 3,114,746 - -
Announcement Date 10/3/21 16/3/22 15/3/23 13/3/24 12/3/25 - - -
1EUR in Million2EUR
Estimates

P/E ratio, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
26.23x3.82x13.68x3.41% 187B
43.19x5.01x21.6x0.83% 127B
32.52x2.9x20.61x0.77% 68.49B
48.63x2.84x11.43x1.31% 36.61B
24.71x1.49x8.71x3.85% 30.98B
22.58x3.91x16.21x1.1% 29.19B
17.73x2.45x10.92x4.6% 20.18B
32.5x1.73x15.89x-.--% 19B
20.89x1.84x8.55x3.18% 9.84B
10.81x0.48x4.55x2.8% 8.66B
Average 27.98x 2.65x 13.22x 2.18% 53.77B
Weighted average by Cap. 31.84x 3.57x 15.87x 2.13%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

Year-on-year evolution of the Yield