Company Valuation: ATLAND

Data adjusted to current consolidation scope
Fiscal Period: December 2020 2021 2022 2023 2024 2025
Market Cap 1 148.8 195.8 179.1 176.5 183.2 173
Change - 31.57% -8.55% -1.46% 3.81% -5.59%
Enterprise Value (EV) 1 237.5 311.4 278.5 282.9 215.9 211.2
Change - 31.09% -10.56% 1.57% -23.67% -2.17%
P/E 7.6x 12.2x 19.3x 15.1x 21x 21.4x
PBR 1.16x 1.4x 1.27x 1.23x 1.32x 1.26x
PEG - -0.7x -0.5x 0.6x -0.9x -2.72x
Capitalization / Revenue 0.8x 1.21x 0.96x 0.86x 0.92x 0.99x
EV / Revenue 1.27x 1.93x 1.49x 1.37x 1.09x 1.21x
EV / EBITDA 11.1x 16.7x 11.6x 14.5x 13.2x 15.9x
EV / EBIT 14.3x 26x 15.5x 20.8x 17x 17.4x
EV / FCF 8.11x -7.33x 12.1x -8.7x 9.69x 5.13x
FCF Yield 12.3% -13.6% 8.25% -11.5% 10.3% 19.5%
Dividend per Share 2 1.5 1.75 2 2.3 2.3 1.75
Rate of return 4.43% 3.91% 4.85% 5.67% 5.4% 4.38%
EPS 2 4.46 3.68 2.13 2.68 2.03 1.87
Distribution rate 33.6% 47.6% 93.9% 85.8% 113% 93.6%
Net sales 1 187.1 161.4 186.7 206.2 198.9 174.1
EBITDA 1 21.47 18.69 24.05 19.51 16.31 13.31
EBIT 1 16.61 11.99 18 13.57 12.71 12.14
Net income 1 19.68 16.17 9.331 11.68 8.808 8.106
Net Debt 1 88.68 115.5 99.42 106.4 32.73 38.29
Reference price 2 33.88 44.80 41.20 40.60 42.60 40.00
Nbr of stocks (in thousands) 4,393 4,371 4,347 4,347 4,301 4,324
Announcement Date 22/03/21 19/04/22 08/04/24 08/04/24 28/04/25 29/04/26
1EUR in Million2EUR
Estimates


P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
- - - - 16Cr
40.89x18.13x23.9x3.4% 12TCr
31.28x14.08x17.81x4.38% 6.65TCr
37.11x14.77x15.27x5.8% 5.29TCr
18.08x15.31x17.42x1.14% 3.75TCr
16.04x24.97x27.34x3.58% 1.65TCr
26.77x10.69x14.72x4.69% 1.54TCr
8.13x11.76x14.41x6.14% 1.46TCr
17.81x16x23.26x5.4% 1.39TCr
29.43x11.24x16.41x4.15% 1.34TCr
Average 25.06x 15.22x 18.95x 4.3% 3.5TCr
Weighted average by Cap. 31.54x 15.93x 19.80x 3.99%

Y-o-Y evolution of P/E

Valuation ratios - P/E - ATLAND

Historical PBR trend

Valuation ratios - PBR - ATLAND

Evolution Enterprise Value / Sales

Valuation ratios - VE_REV - ATLAND

Change in Enterprise Value/EBITDA

Valuation ratios - VE_EBITDA - ATLAND