Company Valuation: Memscap

Data adjusted to current consolidation scope
Fiscal Period: December 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 10.37 44.91 38.98 31.37 38.45 - -
Change - 333.2% -13.21% -19.51% 22.57% - -
Enterprise Value (EV) 1 10.37 40.24 35.04 27.02 32.85 30.95 28.85
Change - 288.12% -12.91% -22.9% 21.61% -5.78% -6.78%
P/E 9.93x 21.7x 28.3x 35x 23x 16.3x 12.7x
PBR - - - - - - -
PEG - 0.2x -0.8x -1x 0.3x 0.4x 0.4x
Capitalization / Revenue - 3.19x 3.08x 2.62x 2.77x 2.47x 2.12x
EV / Revenue - 2.86x 2.77x 2.25x 2.36x 1.98x 1.59x
EV / EBITDA - - - - - - -
EV / EBIT - 16.2x 29.9x 27x 27.2x 14.9x 9.75x
EV / FCF - 28.6x 102x 21.4x 19.3x 13.5x 9.34x
FCF Yield - 3.49% 0.98% 4.68% 5.17% 7.43% 10.7%
Dividend per Share 2 - - - - 0.069 0.073 0.076
Rate of return - - - - 1.36% 1.44% 1.5%
EPS 2 0.14 0.278 0.179 0.118 0.22 0.31 0.4
Distribution rate - - - - 31.4% 23.5% 19%
Net sales 1 - 14.07 12.66 11.99 13.9 15.6 18.1
EBITDA - - - - - - -
EBIT 1 - 2.477 1.172 1.001 1.21 2.08 2.96
Net income 1 1.048 2.14 1.374 0.894 1.7 2.4 3.1
Net Debt 1 - -4.673 -3.937 -4.356 -5.6 -7.5 -9.6
Reference price 2 1.390 6.020 5.060 4.125 5.060 5.060 5.060
Nbr of stocks (in thousands) 7,458 7,460 7,703 7,606 7,600 - -
Announcement Date 28/3/23 23/1/24 27/1/25 27/1/26 - - -
1EUR in Million2EUR
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
23x2.36x - - 44.63M
67.07x10.75x54.06x1.22% 231B
46.77x8.42x15.09x-.--% 93B
46.35x9.89x34.44x1.19% 60.78B
49.8x - - 0.19% 52.82B
48.34x8.48x30.54x0.99% 50.67B
48.06x8.35x33.39x0.84% 40.28B
34.83x8.36x27.69x0.53% 36.79B
26.27x6.85x20.76x1.62% 32.59B
42.2x4.65x22.66x1.11% 31.88B
Average 43.27x 7.57x 29.83x 0.85% 63.02B
Weighted average by Cap. 52.66x 9.21x 36.92x 0.88%

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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