Company Valuation: OPAP

Data adjusted to current consolidation scope
Fiscal Period: December 2025 2026 2027 2028
Market Cap 1 7,068 10,332 - -
Change - 46.17% - -
Enterprise Value (EV) 1 7,068 17,194 17,120 16,902
Change - 143.26% -0.43% -1.27%
P/E - 23.4x 16.9x 13.5x
PBR - -4.59x -6.4x -7.73x
PEG - - 0.4x 0.5x
Capitalization / Revenue 0.79x 0.99x 0.93x 0.89x
EV / Revenue 0.79x 1.66x 1.55x 1.45x
EV / EBITDA - 8.91x 8.12x 7.46x
EV / EBIT - 11x 9.22x 8.46x
EV / FCF - 24.5x 16.1x 14.3x
FCF Yield - 4.08% 6.21% 6.98%
Dividend per Share 2 - 1 1.01 1.05
Rate of return - 7.69% 7.77% 8.08%
EPS 2 - 0.5566 0.7698 0.9626
Distribution rate - 180% 131% 109%
Net sales 1 8,991 10,384 11,052 11,656
EBITDA 1 - 1,930 2,109 2,266
EBIT 1 - 1,565 1,858 1,999
Net income 1 732 616.8 694.7 819.5
Net Debt 1 - 6,862 6,789 6,570
Reference price 2 19.10 13.00 13.00 13.00
Nbr of stocks (in thousands) 370,063 794,759 - -
Announcement Date 19/3/26 - - -
1EUR in Million2EUR
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
- 1.66x8.91x - 11.82B
24.07x6.19x14.51x1.63% 25.77B
46.42x1.58x10.24x-.--% 18.49B
12.91x2.12x7.53x4.87% 17.7B
11.75x5.34x8.12x4.35% 13.81B
11.78x2.29x8.16x7.71% 13.5B
98.26x1.9x16.9x-.--% 12.37B
36.01x3.96x19.69x2.84% 8.84B
16.93x2.65x9.9x2.21% 7.48B
17.38x3.32x8.31x2.25% 6.76B
Average 30.61x 3.10x 11.23x 2.87% 13.66B
Weighted average by Cap. 30.52x 3.30x 11.26x 2.8%

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