Company Valuation: OPAP

Data adjusted to current consolidation scope
Fiscal Period: December 2025 2026 2027 2028
Market Cap 1 7,068 10,507 - -
Change - 48.65% - -
Enterprise Value (EV) 1 7,068 17,369 17,295 17,077
Change - 145.73% -0.42% -1.26%
P/E - 24.3x 17.5x 14x
PBR - -4.77x -6.64x -8.03x
PEG - - 0.5x 0.6x
Capitalization / Revenue 0.79x 1.01x 0.95x 0.9x
EV / Revenue 0.79x 1.67x 1.56x 1.47x
EV / EBITDA - 9x 8.2x 7.54x
EV / EBIT - 11.1x 9.31x 8.54x
EV / FCF - 24.7x 16.3x 14.5x
FCF Yield - 4.04% 6.15% 6.91%
Dividend per Share 2 - 1 1.01 1.05
Rate of return - 7.41% 7.48% 7.78%
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 13.50 13.50 13.50
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.($)
- 1.69x9.11x - 12.28B
24.09x6.19x14.52x1.63% 25.81B
47.25x1.6x10.35x-.--% 18.82B
12.57x2.03x7.2x5.05% 17.36B
11.8x5.27x8.05x4.38% 13.85B
11.73x2.28x8.04x7.6% 13.61B
98.2x1.92x17.04x-.--% 12.51B
35.43x3.91x19.48x2.88% 8.74B
17.02x2.68x10.05x2.19% 7.52B
17.51x3.35x8.4x2.21% 6.88B
Average 30.62x 3.09x 11.22x 2.88% 13.74B
Weighted average by Cap. 30.68x 3.28x 11.24x 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