Company Valuation: Amplifon

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 10,667 6,249 7,068 5,604 3,024 2,793 - -
Change - -41.42% 13.1% -20.71% -46.03% -7.64% - -
Enterprise Value (EV) 1 11,539 7,581 8,399 7,059 4,545 4,634 3,816 3,749
Change - -34.3% 10.79% -15.95% -35.62% 1.96% -17.64% -1.77%
P/E 67.6x 34.9x 45.2x 38.6x 33.5x 23.5x 15.5x 13.3x
PBR 11.5x 6.02x 6.43x 4.87x 3.03x 1.85x 1.96x 1.79x
PEG - 2.6x -3.5x -5.46x -0.9x 2.53x 0.3x 0.8x
Capitalization / Revenue 5.48x 2.95x 3.13x 2.33x 1.26x 1.15x 1.08x 1.02x
EV / Revenue 5.92x 3.58x 3.72x 2.93x 1.9x 1.9x 1.48x 1.37x
EV / EBITDA 23.9x 14.4x 15.5x 12.4x 8.41x 8.08x 6.08x 5.54x
EV / EBIT 44x 26.6x 30.7x 26.6x 16.2x 16x 11x 8.96x
EV / FCF 45.3x 30.7x 30.4x 23.2x 15.3x 18.1x 12.9x 11.9x
FCF Yield 2.21% 3.25% 3.29% 4.32% 6.54% 5.54% 7.74% 8.38%
Dividend per Share 2 0.26 0.29 0.29 0.29 0.29 0.2498 0.3037 0.3292
Rate of return 0.55% 1.04% 0.93% 1.17% 2.11% 2.37% 2.88% 3.13%
EPS 2 0.702 0.796 0.693 0.644 0.41 0.4482 0.6781 0.7919
Distribution rate 37% 36.4% 41.8% 45% 70.7% 55.7% 44.8% 41.6%
Net sales 1 1,948 2,119 2,260 2,409 2,396 2,438 2,586 2,738
EBITDA 1 482.8 525.3 541.6 567.7 540.4 573.8 627.6 676.9
EBIT 1 262.1 285.3 274 265 281.3 289.2 347.3 418.6
Net income 1 157.8 178.5 155.1 145.4 91.3 136.4 190.5 218.4
Net Debt 1 871.2 1,332 1,331 1,455 1,521 1,841 1,023 955.9
Reference price 2 47.45 27.82 31.34 24.85 13.75 10.53 10.53 10.53
Nbr of stocks (in thousands) 2,24,815 2,24,622 2,25,517 2,25,501 2,19,937 2,65,245 - -
Announcement Date 03/03/22 01/03/23 07/03/24 06/03/25 04/03/26 - - -
1EUR in Million2EUR
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
23.23x3.49x13.07x2.71% 16TCr
19.01x3.31x11.67x3.53% 11TCr
16.88x0.19x11.92x0.78% 5.9TCr
31.57x7.65x20x1.27% 5.17TCr
37.86x3.01x10.33x2.53% 4.19TCr
39.35x1.42x12.52x0.2% 3.47TCr
30.62x5.46x17.4x-.--% 2.89TCr
42.01x7.28x26.26x0.25% 2.5TCr
23.76x3.47x12.49x1.22% 2.11TCr
Average 29.37x 3.92x 15.07x 1.39% 5.93TCr
Weighted average by Cap. 25.99x 3.60x 13.91x 2.03%

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