Company Valuation: Asmodee

Data adjusted to current consolidation scope
Fiscal Period: March 2025 2026 2027 2028 2029
Market Cap 1 1,971 2,265 3,283 - -
Change - 14.91% 44.95% - -
Enterprise Value (EV) 1 2,381 2,522 3,712 3,603 3,387
Change - 5.95% 47.17% -2.94% -5.98%
P/E 307x 81.7x 20.4x 19x 17.4x
PBR 1.05x 1.2x 1.6x 1.5x 1.39x
PEG - 0x 0x 2.57x 1.9x
Capitalization / Revenue 1.44x 1.35x 1.72x 1.7x 1.63x
EV / Revenue 1.74x 1.5x 1.95x 1.87x 1.68x
EV / EBITDA 10.4x 8.84x 10.9x 10.4x 9.35x
EV / EBIT 12x 9.8x 12.1x 11.6x 10.4x
EV / FCF 14.2x 12x 19.5x 15.6x 14.9x
FCF Yield 7.07% 8.31% 5.14% 6.42% 6.73%
Dividend per Share 2 - 0.17 0.2154 0.202 0.2295
Rate of return - 1.75% 1.55% 1.46% 1.65%
EPS 2 0.0275 0.1186 0.6805 0.7309 0.7979
Distribution rate - 143% 31.7% 27.6% 28.8%
Net sales 1 1,369 1,684 1,906 1,928 2,012
EBITDA 1 228.2 285.4 340.9 347.4 362.3
EBIT 1 198.2 257.3 307.1 311.1 324.2
Net income 1 4.699 27.7 161 173.1 189.2
Net Debt 1 409.8 257.5 429.2 320 104.6
Reference price 2 8.43 9.69 13.87 13.87 13.87
Nbr of stocks (in thousands) 2,33,692 2,33,692 2,36,721 - -
Announcement Date 21/05/25 21/05/26 - - -
1EUR in Million2EUR
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
24.12x3.62x18.08x2.43% 6.53TCr
15.68x7.86x12.95x5.75% 648.72Cr
20.38x1.95x10.89x1.55% 381.28Cr
17.79x0.89x7.51x2.07% 201.99Cr
28.98x - - - 35Cr
Average 21.39x 3.58x 12.36x 2.95% 1.56TCr
Weighted average by Cap. 23.10x 3.83x 17.02x 2.65%

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