Company Valuation: Podravka d.d.

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 4,433 4,447 8,910 7,644 8,750 8,562 - -
Change - 0.31% 100.37% -14.21% 14.47% -2.15% - -
Enterprise Value (EV) 1 4,433 4,447 9,024 7,868 8,750 11,062 11,202 10,769
Change - 0.31% 102.93% -12.81% 11.21% 26.43% 1.27% -3.87%
P/E 14.6x - 17.6x 14.1x - 11.2x 11.3x 10.8x
PBR - - 2.07x 1.7x - 1.18x 1.16x 1.07x
PEG - - - 2.18x - - -12.29x 2.16x
Capitalization / Revenue - 0.88x 1.63x 1.36x 1.04x 0.98x 0.93x 0.89x
EV / Revenue - 0.88x 1.65x 1.4x 1.04x 1.26x 1.22x 1.12x
EV / EBITDA - - 12.8x 9.37x 4.64x 7.66x 7.25x 6.62x
EV / EBIT - - 19.9x 13.4x 6.2x 11.6x 11x 10.1x
EV / FCF - - 28.4x 60.8x - 24.4x 19.4x 13.8x
FCF Yield - - 3.53% 1.65% - 4.1% 5.15% 7.24%
Dividend per Share 2 - - 20.25 23.49 - 26.06 26.46 30.53
Rate of return - - 1.59% 2.16% - 2.15% 2.19% 2.52%
EPS 2 43.4 - 72.29 76.97 - 107.9 106.9 112.3
Distribution rate - - 28% 30.5% - 24.1% 24.7% 27.2%
Net sales 1 - 5,027 5,455 5,626 8,435 8,773 9,208 9,577
EBITDA 1 - - 702.7 839.5 1,884 1,445 1,546 1,628
EBIT 1 - - 452.9 587 1,411 949.7 1,019 1,071
Net income 1 309.2 369.6 507.1 542.1 1,126 808.7 757.2 795.1
Net Debt 1 - - 113.9 223.9 - 2,500 2,641 2,207
Reference price 2 632.00 634.00 1,270.87 1,086.82 1,244.62 1,210.33 1,210.33 1,210.33
Nbr of stocks (in thousands) 7,014 7,014 7,011 7,033 7,030 7,074 - -
Announcement Date 4/4/22 28/2/23 28/2/24 27/2/25 26/2/26 - - -
1HRK in Million2HRK
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
- 1.26x7.66x - 1.21B
21.75x2.94x14.46x3.77% 258B
19.4x2.49x14.84x3.3% 79.58B
16.55x1.72x9.76x3.79% 44.17B
14.46x0.52x9.3x2.67% 37.69B
19.94x3.05x12.39x3.51% 33.05B
34.98x3.03x17.65x1.06% 30.9B
26.02x5.48x17.46x3.22% 29.65B
-8.48x1.85x9.24x6.67% 28.53B
18x1.72x12.18x4.74% 27.4B
Average 18.07x 2.40x 12.49x 3.64% 57.06B
Weighted average by Cap. 19.68x 2.65x 13.63x 3.63%

Y-o-Y evolution of P/E

Valuation ratios - P/E - Podravka d.d.

Historical PBR trend

Valuation ratios - PBR - Podravka d.d.

Evolution Enterprise Value / Sales

Valuation ratios - VE_REV - Podravka d.d.

Change in Enterprise Value/EBITDA

Valuation ratios - VE_EBITDA - Podravka d.d.


Year-on-year evolution of the Yield

Valuation ratios - Yield - Podravka d.d.
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