Company Valuation: OPAP

Data adjusted to current consolidation scope
Fiscal Period: December 2025 2026 2027 2028
Market Cap 1 7,068 10,213 - -
Change - 44.49% - -
Enterprise Value (EV) 1 7,068 17,075 17,001 16,783
Change - 141.57% -0.43% -1.28%
P/E - 23.1x 16.7x 13.3x
PBR - -4.54x -6.32x -7.64x
PEG - - 0.4x 0.5x
Capitalization / Revenue 0.79x 0.98x 0.92x 0.88x
EV / Revenue 0.79x 1.64x 1.54x 1.44x
EV / EBITDA - 8.84x 8.06x 7.41x
EV / EBIT - 10.9x 9.15x 8.4x
EV / FCF - 24.3x 16x 14.2x
FCF Yield - 4.11% 6.26% 7.03%
Dividend per Share 2 - 1 1.01 1.05
Rate of return - 7.78% 7.86% 8.18%
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 12.85 12.85 12.85
Nbr of stocks (in thousands) 370,063 794,759 - -
Announcement Date 19/3/26 - - -
1EUR in Million2EUR
Estimates

P/E, Detailed evolution

P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
- 1.64x8.84x - 11.63B
23.7x6.1x14.3x1.65% 25.45B
12.87x2.11x7.5x4.89% 17.64B
44.89x1.53x9.94x-.--% 17.56B
13.91x2.4x9.08x7.04% 14.43B
11.87x5.35x8.13x4.26% 13.72B
95.85x1.78x15.97x-.--% 11.42B
34.5x3.81x18.95x2.97% 8.46B
16.47x2.58x9.62x2.26% 7.3B
16.86x3.25x8.13x2.32% 6.53B
Average 30.10x 3.05x 11.05x 2.82% 13.41B
Weighted average by Cap. 29.37x 3.27x 11.05x 2.82%

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