Company Valuation: Aeta SA

Data adjusted to current consolidation scope
Fiscal Period: December 2020 2021 2022 2023 2024 2025
Market Cap 1 60.35 26.79 24.84 16.46 17.63 29.5
Change - -55.61% -7.29% -33.71% 7.06% 67.35%
Enterprise Value (EV) 1 68.25 41.9 46.2 32.45 22.86 33.27
Change - -38.61% 10.27% -29.76% -29.55% 45.53%
P/E Ratio -3.2x -3.15x -1.35x -1.43x -1.05x -3.81x
PBR 1x 0.5x 0.45x 0.37x 0.51x 1.1x
PEG - 0.1x -0x 0x 0.1x 0.1x
Capitalization / Revenue 0.24x 0.09x 0.32x 0.41x 0.49x 0.74x
EV / Revenue 0.27x 0.14x 0.59x 0.81x 0.64x 0.84x
EV / EBITDA 10.6x 18.6x -4.06x -4.78x -6.6x 61.4x
EV / EBIT -23.8x -5.88x -2.65x -2.22x -2.15x -4.6x
EV / FCF 8.63x -3.18x -4.67x 12.1x 10.8x 6.62x
FCF Yield 11.6% -31.4% -21.4% 8.23% 9.24% 15.1%
Dividend per Share 2 - - - - - -
Rate of return - - - - - -
EPS 2 -0.2704 -0.122 -0.2639 -0.1651 -0.1397 -0.0645
Distribution rate - - - - - -
Net sales 1 248.9 305.7 78.74 39.95 35.68 39.77
EBITDA 1 6.468 2.249 -11.37 -6.79 -3.461 0.5415
EBIT 1 -2.866 -7.127 -17.4 -14.63 -10.65 -7.23
Net income 1 -18.86 -8.513 -18.41 -11.52 -16.76 -7.733
Net Debt 1 7.901 15.11 21.36 15.98 5.231 3.767
Reference price 2 0.8650 0.3840 0.3560 0.2360 0.1470 0.2460
Nbr of stocks (in thousands) 69,765 69,765 69,765 69,765 119,915 119,915
Announcement Date 26/4/21 2/5/22 7/7/23 23/5/24 5/5/25 27/3/26
1RON in Million2RON
Estimates

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
- - - - 5.56M
7.2x0.99x4.88x7.7% 31.49B
10.95x0.28x5.05x4.75% 5.07B
16.24x1.24x10.13x1.81% 5B
9.45x1.53x5.93x3.46% 4.22B
13.17x0.9x9.89x0.74% 4.03B
21.85x0.51x8.03x2.25% 2.6B
11.61x1.36x8.55x6% 2.3B
24.2x - - 1.76% 2.19B
16.45x - - 6.1% 2.08B
Average 14.57x 0.97x 7.49x 3.84% 5.9B
Weighted average by Cap. 10.63x 0.97x 6.13x 5.58%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

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