Company Valuation: Ceconomy AG

Data adjusted to current consolidation scope
Fiscal Period: September 2021 2022 2023 2024 2025 2026 2027 2028
Capitalization 1 1,347 580.8 973.4 1,583 2,128 2,043 - -
Change - -56.9% 67.59% 62.61% 34.43% -3.99% - -
Enterprise Value (EV) 1 2,630 2,585 2,660 3,204 3,458 3,271 3,021 2,773
Change - -1.73% 2.92% 20.43% 7.93% -5.41% -7.63% -8.2%
P/E ratio 5.74x 3.86x -25.1x 20.4x -62.6x 7.74x 6.99x 6.15x
PBR 1.88x 0.81x 2.1x 3.07x 4.38x 2.48x 1.89x 1.46x
PEG - -0.1x 0x -0x 0x -0x 0.7x 0.4x
Capitalization / Revenue 0.06x 0.03x 0.04x 0.07x 0.09x 0.09x 0.09x 0.08x
EV / Revenue 0.12x 0.12x 0.12x 0.14x 0.15x 0.14x 0.13x 0.11x
EV / EBITDA 2.7x 2.93x 3.27x 3.5x 3.67x 2.82x 2.53x 2.22x
EV / EBIT 11.1x 13.1x 10.9x 10.5x 9.15x 6.93x 6.01x 5.15x
EV / FCF 8.51x 199x 3.21x 4.97x 4.02x 15.8x 12.3x 9.03x
FCF Yield 11.7% 0.5% 31.1% 20.1% 24.9% 6.33% 8.11% 11.1%
Dividend per Share 2 0.17 0.17 - - - 0.1012 0.1289 0.15
Rate of return 4.56% 14.2% - - - 2.4% 3.06% 3.56%
EPS 2 0.65 0.31 -0.08 0.16 -0.07 0.544 0.6022 0.685
Distribution rate 26.2% 54.8% - - - 18.6% 21.4% 21.9%
Net sales 1 21,361 21,768 22,242 22,442 23,000 23,752 24,006 24,934
EBITDA 1 976 882 813 916 942 1,161 1,196 1,251
EBIT 1 237 197 243 305 378 471.9 502.8 538.5
Net income 1 232 126 -39 76 -35 264.1 292.5 334.5
Net Debt 1 1,283 2,004 1,687 1,621 1,330 1,228 978.3 730.5
Reference price 2 3.732 1.197 2.006 3.262 4.385 4.210 4.210 4.210
Nbr of stocks (in thousands) 3,59,421 4,85,221 4,85,221 4,85,221 4,85,221 4,85,221 - -
Announcement Date 14/12/21 15/12/22 19/12/23 18/12/24 16/12/25 - - -
1EUR in Million2EUR
Estimates

P/E ratio, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
7.74x0.14x2.82x2.4% 237.39Cr
8.85x0.26x4.13x7.07% 1.19TCr
15.91x0.74x8.16x4.86% 557.49Cr
13.54x0.6x9.92x2.36% 456.93Cr
15.35x0.31x6.88x2.61% 186.01Cr
11.31x0.22x3.97x2% 172.87Cr
10.91x0.96x7.1x6.75% 157.23Cr
47.38x - - - 133.81Cr
15.5x0.24x3.46x3.07% 119.41Cr
Average 16.28x 0.43x 5.80x 3.89% 356.33Cr
Weighted average by Cap. 13.13x 0.42x 5.90x 4.88%

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

  1. Stock Market
  2. Equities
  3. CEC Stock
  4. Valuation Ceconomy AG