Company Valuation: WashTec AG

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 736 461.7 428.2 543.3 635.4 519.3 - -
Change - -37.27% -7.25% 26.87% 16.95% -18.27% - -
Enterprise Value (EV) 1 750.1 505.5 470.1 567.7 665 561.7 553.4 542.4
Change - -32.62% -6.99% 20.77% 17.12% -15.52% -1.48% -1.99%
P/E 23.7x 17.5x 15.3x 17.5x 20.8x 14.4x 12.2x 11.1x
PBR 7.48x 5.24x 4.99x 6.14x 7.77x 6.08x 5.73x 5.4x
PEG - -1.2x 2.51x 1.6x -16.09x 0.8x 0.7x 1.19x
Capitalization / Revenue 1.71x 0.96x 0.87x 1.14x 1.27x 0.99x 0.94x 0.9x
EV / Revenue 1.74x 1.05x 0.96x 1.19x 1.33x 1.07x 1x 0.94x
EV / EBITDA 12.5x 9.59x 8.31x 9.45x 10.2x 8.05x 7.08x 6.5x
EV / EBIT 16.4x 13.3x 11.2x 12.5x 13.6x 10.4x 8.76x 7.88x
EV / FCF 18.1x 33.2x 9.98x 14.4x 16.1x 15.1x 12.1x 10.7x
FCF Yield 5.52% 3.01% 10% 6.95% 6.22% 6.64% 8.26% 9.35%
Dividend per Share 2 2.1 2.1 2.2 2.4 2.5 2.567 2.74 2.88
Rate of return 3.82% 6.09% 6.88% 5.91% 5.25% 6.56% 7.01% 7.37%
EPS 2 2.32 1.97 2.09 2.32 2.29 2.724 3.21 3.51
Distribution rate 90.5% 107% 105% 103% 109% 94.2% 85.4% 82%
Net sales 1 430.5 482.2 489.5 476.9 498.6 527 551.8 575.6
EBITDA 1 60.2 52.7 56.58 60.1 65.05 69.8 78.17 83.47
EBIT 1 45.69 38.01 41.89 45.5 48.92 54.17 63.2 68.87
Net income 1 31.08 26.36 27.97 31.03 30.69 36.43 42.93 46.97
Net Debt 1 14.09 43.76 41.89 24.42 29.54 42.4 34.1 23.1
Reference price 2 55.00 34.50 32.00 40.60 47.60 39.10 39.10 39.10
Nbr of stocks (in thousands) 13,382 13,382 13,382 13,382 13,349 13,282 - -
Announcement Date 31/3/22 30/3/23 27/3/24 26/3/25 25/3/26 - - -
1EUR in Million2EUR
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
14.35x1.07x8.05x6.56% 593M
35.69x6.12x22.79x0.76% 122B
35x6.56x22.57x1.73% 42.98B
33.38x4.3x15.89x0.11% 31.55B
21.15x1.75x12.9x2.3% 30B
26.17x4.16x13.97x1.39% 29.48B
23.74x3.47x14.94x0.99% 28.92B
26.17x3.14x13.69x1.44% 28.39B
110.88x7.54x39.69x - 27.13B
27.14x3.49x16.71x1.68% 24.96B
Average 35.37x 4.16x 18.12x 1.88% 36.65B
Weighted average by Cap. 36.72x 4.98x 20.14x 1.17%

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

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  4. Valuation WashTec AG