Company Valuation: SALAFIN

Data adjusted to current consolidation scope
Fiscal Period: December 2020 2021 2022 2023 2024 2025
Market Cap 1 1,417 2,124 1,781 1,625 1,712 1,656
Change - 49.97% -16.18% -8.77% 5.38% -3.28%
Enterprise Value (EV) 1 3,283 4,038 3,525 3,123 3,046 3,236
Change - 22.98% -12.71% -11.41% -2.44% 6.22%
P/E -96.2x 25.2x 21.1x 17.9x 18.3x 17.1x
PBR 1.49x 2.28x 2.08x 1.88x 1.97x 1.9x
PEG - -0x 813,857.14x 2.42x 5.31x 5.13x
Capitalization / Revenue 2.47x 2.96x 2.5x 2.28x 2.53x 2.4x
EV / Revenue 5.73x 5.63x 4.96x 4.39x 4.5x 4.69x
EV / EBITDA - - - - - -
EV / EBIT - - - - - -
EV / FCF - - - - - -
FCF Yield - - - - - -
Dividend per Share 2 - 26.55 13.5 14.25 14.75 30
Rate of return - 3.9% 2.37% 2.74% 2.69% 5.66%
EPS 2 -5 27 27 29 30 31
Distribution rate - 98.3% 50% 49.1% 49.2% 96.8%
Net sales 1 572.7 717.2 711.1 711.9 677.7 689.7
EBITDA - - - - - -
EBIT - - - - - -
Net income 1 -16.37 84.73 85.75 90.58 93.15 96.12
Net Debt 1 1,867 1,914 1,744 1,498 1,334 1,580
Reference price 2 481.00 680.00 570.00 520.00 548.00 530.00
Nbr of stocks (in thousands) 2,945 3,124 3,124 3,124 3,124 3,124
Announcement Date 11/5/21 15/1/22 27/4/23 30/4/24 30/4/25 30/4/26
1MAD in Million2MAD
Estimates


P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
17.85x - - 1.16% 220B
12x2.5x3.93x1.53% 127B
23.2x16.15x - 0.75% 63.01B
28.38x5.55x20.22x-.--% 39.08B
22.07x4.91x24.33x0.09% 28.56B
8.05x1.83x3.38x1.66% 23.92B
27.26x3.82x11.63x-.--% 21.52B
14.18x10.44x20x1.4% 21.45B
20.28x18.13x42.35x0.17% 14.64B
Average 19.25x 7.92x 17.98x 0.75% 62.1B
Weighted average by Cap. 17.94x 6.81x 12.19x 1.02%

Y-o-Y evolution of P/E

Valuation ratios - P/E - SALAFIN

Historical PBR trend

Valuation ratios - PBR - SALAFIN

Evolution Enterprise Value / Sales

Valuation ratios - VE_REV - SALAFIN

Change in Enterprise Value/EBITDA

Valuation ratios - VE_EBITDA - SALAFIN