Company Valuation: Voltalia

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 1,872 2,232 1,365 930.9 1,020 622 - -
Change - 19.19% -38.85% -31.78% 9.53% -39% - -
Enterprise Value (EV) 1 2,631 3,161 2,955 2,873 3,198 2,944 2,853 2,918
Change - 20.17% -6.53% -2.78% 11.3% -7.93% -3.11% 2.28%
P/E -1,414x - 45.3x -44.6x -9.16x 712x 23x 13.1x
PBR 3x - 1.08x 0.88x 1.07x 0.72x 0.68x 0.68x
PEG - - - 0x -0x -7x 0x 0.2x
Capitalization / Revenue 4.55x 4.76x 2.76x 1.7x 1.73x 0.98x 0.88x 0.79x
EV / Revenue 6.39x 6.74x 5.97x 5.25x 5.44x 4.65x 4.04x 3.72x
EV / EBITDA 19.1x 23x 12.3x 13.4x 15.1x 13.4x 9.74x 8.98x
EV / EBIT 42.6x 56.5x 24.8x 31.9x 45.7x 40.1x 19.2x 17.4x
EV / FCF -12.1x - -6.41x -14.6x -26.2x -49.4x -13.8x -13.9x
FCF Yield -8.3% - -15.6% -6.86% -3.82% -2.03% -7.26% -7.17%
Dividend per Share 2 - - - - - - - 0.04
Rate of return - - - - - - - 0.84%
EPS 2 -0.0139 - 0.23 -0.16 -0.85 0.00667 0.2066 0.3634
Distribution rate - - - - - - - 11%
Net sales 1 411.9 469 495 547 587.8 632.9 705.6 784.7
EBITDA 1 137.5 137.4 241 215.1 211.3 220.4 292.9 325
EBIT 1 61.81 55.91 119 90 70 73.5 148.3 167.2
Net income 1 -1.616 -7.174 30 -20.9 -128.1 0.9454 29.03 47.66
Net Debt 1 758.6 929.9 1,590 1,942 2,178 2,322 2,231 2,296
Reference price 2 19.660 17.060 10.420 7.130 7.790 4.750 4.750 4.750
Nbr of stocks (in thousands) 95,232 130,805 130,959 130,565 130,893 130,950 - -
Announcement Date 24/3/22 23/3/23 2/4/24 13/3/25 12/3/26 - - -
1EUR in Million2EUR
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
-24.37x6.55x12.27x5.38% 10.1B
19.37x3.58x8.13x0.16% 8.07B
45.47x7.13x13.01x0.52% 5.65B
21.66x3.68x11.19x4.82% 5.38B
-9.6x75.85x-69.16x-.--% 3.06B
21.59x5.1x15.93x2.79% 1.3B
15.74x8.81x16.03x - 881M
712.14x4.65x13.36x-.--% 718M
5.84x - - - 639M
Average 89.76x 14.42x 2.59x 1.95% 3.98B
Weighted average by Cap. 22.66x 11.51x 4.45x 2.57%

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

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