Company Valuation: GEA Group AG

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Capitalization 1 8,614 6,600 6,440 7,892 9,410 8,889 - -
Change - -23.38% -2.42% 22.53% 19.24% -5.54% - -
Enterprise Value (EV) 1 7,685 6,600 5,817 7,253 9,031 8,339 8,064 7,769
Change - -14.12% -11.87% 24.7% 24.51% -7.67% -3.3% -3.66%
P/E ratio 28.3x 16.8x 16.5x 20.8x 22.8x 17.4x 15.6x 14.3x
PBR 4.13x - 2.69x 3.26x 3.84x 3.24x 2.9x 2.62x
PEG - 0.5x - 23.71x 2.2x 0.7x 1.4x 1.57x
Capitalization / Revenue 1.83x 1.28x 1.2x 1.46x 1.71x 1.54x 1.47x 1.41x
EV / Revenue 1.63x 1.28x 1.08x 1.34x 1.64x 1.44x 1.33x 1.23x
EV / EBITDA 12.3x 9.27x 7.51x 8.67x 9.95x 8.56x 7.74x 6.98x
EV / EBIT 17.3x 12.5x 10x 11.6x 13.3x 11x 9.86x 8.79x
EV / FCF 13.9x - 19.1x 15.3x 19x 19x 14.3x 12.6x
FCF Yield 7.18% - 5.25% 6.52% 5.28% 5.25% 6.99% 7.94%
Dividend per Share 2 0.9 - 1 1.15 1.3 1.491 1.666 1.78
Rate of return 1.87% - 2.65% 2.4% 2.25% 2.73% 3.05% 3.26%
EPS 2 1.7 2.28 2.28 2.3 2.54 3.145 3.505 3.824
Distribution rate 52.9% - 43.9% 50% 51.2% 47.4% 47.5% 46.6%
Net sales 1 4,703 5,165 5,373 5,422 5,495 5,787 6,048 6,319
EBITDA 1 624.8 712 774.3 837 907.4 974.3 1,042 1,113
EBIT 1 443.7 529.1 580.6 625.8 681.5 756.2 817.7 884.2
Net income 1 305.2 401.4 392.8 385 414 509.6 568.8 618.3
Net Debt 1 -928.3 - -623.9 -638.3 -378.9 -550.2 -825.2 -1,120
Reference price 2 48.09 38.20 37.69 47.82 57.80 54.60 54.60 54.60
Nbr of stocks (in thousands) 1,79,118 1,72,780 1,70,879 1,65,029 1,62,802 1,62,802 - -
Announcement Date 03/03/22 07/03/23 14/03/24 10/03/25 06/03/26 - - -
1EUR in Million2EUR
Estimates

P/E ratio, Detailed evolution

P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
17.36x1.44x8.56x2.73% 1.03TCr
32.05x5.54x20.58x0.84% 11TCr
45.27x7.83x29.29x1.35% 4.45TCr
23.68x3.47x14.94x0.99% 2.89TCr
29.71x3.87x14.29x0.12% 2.83TCr
19.83x1.63x12.05x2.44% 2.73TCr
24.13x2.89x12.62x1.56% 2.61TCr
25.81x4.19x14.99x1.54% 2.57TCr
31.72x2.83x17.98x1.68% 2.42TCr
25.25x3.27x15.6x1.79% 2.36TCr
Average 27.48x 3.70x 16.09x 1.51% 3.5TCr
Weighted average by Cap. 29.94x 4.46x 18.18x 1.27%

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

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