Company Valuation: WashTec AG

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 736 461.7 428.2 543.3 635.4 500.7 - -
Change - -37.27% -7.25% 26.87% 16.95% -21.19% - -
Enterprise Value (EV) 1 750.1 505.5 470.1 567.7 665 543.1 534.8 523.8
Change - -32.62% -6.99% 20.77% 17.12% -18.32% -1.53% -2.06%
P/E 23.7x 17.5x 15.3x 17.5x 20.8x 13.8x 11.7x 10.7x
PBR 7.48x 5.24x 4.99x 6.14x 7.77x 5.87x 5.53x 5.2x
PEG - -1.2x 2.51x 1.6x -16.09x 0.7x 0.7x 1.15x
Capitalization / Revenue 1.71x 0.96x 0.87x 1.14x 1.27x 0.95x 0.91x 0.87x
EV / Revenue 1.74x 1.05x 0.96x 1.19x 1.33x 1.03x 0.97x 0.91x
EV / EBITDA 12.5x 9.59x 8.31x 9.45x 10.2x 7.78x 6.84x 6.28x
EV / EBIT 16.4x 13.3x 11.2x 12.5x 13.6x 10x 8.46x 7.61x
EV / FCF 18.1x 33.2x 9.98x 14.4x 16.1x 14.6x 11.7x 10.3x
FCF Yield 5.52% 3.01% 10% 6.95% 6.22% 6.87% 8.54% 9.68%
Dividend per Share 2 2.1 2.1 2.2 2.4 2.5 2.567 2.74 2.88
Rate of return 3.82% 6.09% 6.88% 5.91% 5.25% 6.81% 7.27% 7.64%
EPS 2 2.32 1.97 2.09 2.32 2.29 2.724 3.21 3.51
Distribution rate 90.5% 107% 105% 103% 109% 94.2% 85.4% 82%
Net sales 1 430.5 482.2 489.5 476.9 498.6 527 551.8 575.6
EBITDA 1 60.2 52.7 56.58 60.1 65.05 69.8 78.17 83.47
EBIT 1 45.69 38.01 41.89 45.5 48.92 54.17 63.2 68.87
Net income 1 31.08 26.36 27.97 31.03 30.69 36.43 42.93 46.97
Net Debt 1 14.09 43.76 41.89 24.42 29.54 42.4 34.1 23.1
Reference price 2 55.00 34.50 32.00 40.60 47.60 37.70 37.70 37.70
Nbr of stocks (in thousands) 13,382 13,382 13,382 13,382 13,349 13,282 - -
Announcement Date 31/3/22 30/3/23 27/3/24 26/3/25 25/3/26 - - -
1EUR in Million2EUR
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
13.84x1.03x7.78x6.81% 573M
34.99x6.01x22.31x0.77% 120B
32.76x6.09x21.07x1.84% 40.34B
33.04x4.23x15.63x0.11% 30.97B
123.63x42.78x100.31x0.31% 29.1B
21.06x1.74x12.79x2.3% 29.94B
26.56x3.19x13.89x1.42% 28.86B
23.41x3.43x14.8x1% 28.58B
25.9x4.09x13.73x1.41% 29.09B
25.93x3.35x16.03x1.75% 24.05B
Average 36.11x 7.60x 23.83x 1.77% 36.17B
Weighted average by Cap. 37.60x 7.71x 24.69x 1.12%

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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  4. Valuation WashTec AG