Company Valuation: NEURONES

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 920.3 950.8 1,062 1,067 1,047 934.4 - -
Change - 3.32% 11.69% 0.47% -1.89% -10.73% - -
Enterprise Value (EV) 1 655.7 679 771.5 747.4 710.1 602.9 570.6 533.4
Change - 3.56% 13.62% -3.13% -4.99% -15.09% -5.36% -6.52%
P/E 24.5x 21.6x 21.6x 20.3x 20.1x 16.8x 15.2x 13.8x
PBR 2.95x 2.87x 3x 2.82x 2.62x 2.26x 2.13x 1.99x
PEG - 1.2x 1.9x 3.17x -21.71x 1.91x 1.4x 1.38x
Capitalization / Revenue 1.59x 1.43x 1.43x 1.32x 1.22x 1.03x 0.98x 0.94x
EV / Revenue 1.13x 1.02x 1.04x 0.92x 0.83x 0.67x 0.6x 0.54x
EV / EBITDA 8.6x 7.59x 8.33x 7.82x 7.46x 5.93x 5.14x 4.42x
EV / EBIT 10.6x 9.31x 10.2x 9.59x 9.39x 7.41x 6.33x 5.38x
EV / FCF - - - - - - - -
FCF Yield - - - - - - - -
Dividend per Share 2 1 1 1.2 1.3 1.4 1.5 1.6 1.7
Rate of return 2.63% 2.55% 2.74% 2.96% 3.25% 3.83% 4.09% 4.34%
EPS 2 1.55 1.82 2.03 2.16 2.14 2.328 2.576 2.833
Distribution rate 64.5% 54.9% 59.1% 60.2% 65.4% 64.4% 62.1% 60%
Net sales 1 579.9 665.4 741.2 810.4 857.2 904.3 949.6 992.3
EBITDA 1 76.28 89.44 92.61 95.58 95.14 101.6 111.1 120.7
EBIT 1 61.6 72.9 75.9 77.9 75.6 81.39 90.21 99.23
Net income 1 37.7 44.3 49.4 52.5 52.1 56.76 62.8 69.06
Net Debt 1 -264.6 -271.8 -290.4 -319.5 -336.6 -331.5 -363.8 -401
Reference price 2 38.00 39.25 43.75 43.95 43.05 39.15 39.15 39.15
Nbr of stocks (in thousands) 24,218 24,224 24,272 24,274 24,313 23,867 - -
Announcement Date 9/2/22 8/2/23 6/3/24 5/3/25 11/3/26 - - -
1EUR in Million2EUR
Estimates

P/E, Detailed evolution

P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
16.82x0.67x5.93x3.83% 1.08B
23.41x3.77x13.18x2.86% 222B
-111.07x17.66x101.98x-.--% 110B
12.64x1.4x7.33x3.8% 104B
15.63x2.86x10.8x5.26% 91.82B
21.26x5.54x13.6x2.68% 63.87B
15.38x2.25x9.53x5.08% 50B
18.39x2.36x11.32x4.73% 38.42B
20.66x1.52x9.63x0.92% 38.98B
19.65x1.6x9.8x1.49% 38.35B
Average 5.28x 3.96x 19.31x 3.07% 75.91B
Weighted average by Cap. 0.23x 5.09x 24.27x 2.93%

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