Company Valuation: OPAP

Data adjusted to current consolidation scope
Fiscal Period: December 2025 2026 2027 2028
Market Cap 1 7,068 11,266 - -
Change - 59.39% - -
Enterprise Value (EV) 1 7,068 17,949 17,897 17,718
Change - 153.94% -0.29% -1%
P/E - 22.3x 17.3x 14.3x
PBR - -5.72x -7.17x -8.29x
PEG - - 0.6x 0.7x
Capitalization / Revenue 0.79x 1.08x 1.02x 0.97x
EV / Revenue 0.79x 1.73x 1.62x 1.52x
EV / EBITDA - 9.31x 8.55x 7.89x
EV / EBIT - 11.6x 9.92x 9.05x
EV / FCF - 25.6x 16.8x 15x
FCF Yield - 3.91% 5.94% 6.66%
Dividend per Share 2 - 1 1.014 1.058
Rate of return - 7.05% 7.16% 7.46%
EPS 2 - 0.637 0.82 0.9925
Distribution rate - 157% 124% 107%
Net sales 1 8,991 10,384 11,052 11,656
EBITDA 1 - 1,928 2,094 2,246
EBIT 1 - 1,543 1,805 1,958
Net income 1 732 677.1 741 849
Net Debt 1 - 6,683 6,631 6,452
Reference price 2 19.10 14.18 14.18 14.18
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.($)
25.05x6.45x15.12x1.56% 27.44B
535.23x1.5x10.1x-.--% 16.73B
13.32x6.09x9.25x3.77% 15.8B
15.34x2.5x9.28x7% 14.97B
238.68x1.96x18.05x-.--% 12.56B
34.69x3.79x18.94x2.98% 8.48B
15.27x2.25x8.26x2.38% 6.62B
17.67x3.25x8.08x2.32% 6.57B
Average 111.91x 3.47x 12.13x 2.5% 13.65B
Weighted average by Cap. 124.48x 3.93x 12.49x 2.41%

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