Company Valuation: Gambero Rosso S.p.A.

Data adjusted to current consolidation scope
Fiscal Period: December 2020 2021 2022 2023 2024 2025
Market Cap 1 5.866 6.791 5.924 6.907 4.479 3.323
Change - 15.76% -12.77% 16.59% -35.15% -25.81%
Enterprise Value (EV) 1 15.24 17.04 14.67 19.75 19.24 16.35
Change - 11.81% -13.89% 34.63% -2.6% -14.98%
P/E -3.38x 971x 3.73x 5.98x -2.21x -1.64x
PBR 0.59x 0.68x 0.51x 0.54x 0.41x 0.37x
PEG - -10x 0x -0.2x 0x -
Capitalization / Revenue 0.46x 0.52x 0.33x 0.37x 0.29x 0.22x
EV / Revenue 1.19x 1.32x 0.83x 1.06x 1.27x 1.07x
EV / EBITDA 8.99x 5.77x 3.22x 4.16x 11.2x 8.63x
EV / EBIT -15.8x 22.7x 5.54x 7.13x -90.3x 511x
EV / FCF 25.6x -33.8x 16x -4.28x -14.4x 5.41x
FCF Yield 3.9% -2.96% 6.24% -23.4% -6.96% 18.5%
Dividend per Share 2 - - - - - -
Rate of return - - - - - -
EPS 2 -0.12 0.000484 0.11 0.08 -0.14 -0.14
Distribution rate - - - - - -
Net sales 1 12.76 12.95 17.69 18.55 15.19 15.34
EBITDA 1 1.695 2.954 4.556 4.752 1.715 1.896
EBIT 1 -0.967 0.751 2.649 2.771 -0.213 0.032
Net income 1 -1.767 0.007 1.597 1.209 -1.999 -2.021
Net Debt 1 9.37 10.24 8.745 12.84 14.76 13.03
Reference price 2 0.4060 0.4700 0.4100 0.4780 0.3100 0.2300
Nbr of stocks (in thousands) 14,449 14,449 14,449 14,449 14,449 14,449
Announcement Date 09/03/22 14/04/22 14/04/23 10/04/24 12/04/25 09/04/26
1EUR in Million2EUR
Estimates

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
- - - - 40.48L
24.95x3.34x10.71x2.49% 1.57TCr
9.29x0.72x4.24x3.17% 103.82Cr
35.63x - - - 75Cr
17.73x1.92x6.91x3.02% 68Cr
13.01x1.8x6.5x1.74% 51Cr
Average 20.12x 1.94x 7.09x 2.61% 312.08Cr
Weighted average by Cap. 23.92x 3.09x 10.07x 2.53%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

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  4. Valuation Gambero Rosso S.p.A.