Company Valuation: Gedeon Richter

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 16,19,625 15,42,290 16,27,029 18,93,161 17,99,226 22,76,234 - -
Change - -4.77% 5.49% 16.36% -4.96% 26.51% - -
Enterprise Value (EV) 1 15,59,769 13,95,557 15,46,536 17,82,343 15,88,618 20,13,758 18,66,223 17,39,254
Change - -10.53% 10.82% 15.25% -10.87% 26.76% -7.33% -6.8%
P/E 11.6x 9.94x 10.2x 7.96x 7.76x 9.18x 7.85x 7.27x
PBR 1.78x 1.47x 1.44x 1.49x 1.31x 1.51x 1.37x 1.24x
PEG - 0.9x 3.41x 0.2x -2.82x 1.32x 0.5x 0.9x
Capitalization / Revenue 2.57x 1.92x 2.02x 2.21x 1.94x 2.39x 2.23x 2.08x
EV / Revenue 2.47x 1.74x 1.92x 2.08x 1.71x 2.12x 1.83x 1.59x
EV / EBITDA 8.86x 7.1x 6.43x 5.74x 4.5x 5.48x 4.71x 4.09x
EV / EBIT 11.5x 9.09x 8.15x 6.82x 5.42x 6.66x 5.61x 4.84x
EV / FCF -460x 12.3x 17.9x 8.26x 7.56x 8.91x 7.91x 6.76x
FCF Yield -0.22% 8.12% 5.6% 12.1% 13.2% 11.2% 12.6% 14.8%
Dividend per Share 2 225 390 - - - 603.6 677 738.7
Rate of return 2.58% 4.7% - - - 4.84% 5.42% 5.92%
EPS 2 751 835 860 1,307 1,271 1,359 1,589 1,718
Distribution rate 30% 46.7% - - - 44.4% 42.6% 43%
Net sales 1 6,30,595 8,02,755 8,05,158 8,57,545 9,28,962 9,51,368 10,20,834 10,93,689
EBITDA 1 1,76,123 1,96,480 2,40,625 3,10,678 3,53,314 3,67,576 3,96,366 4,25,015
EBIT 1 1,35,832 1,53,555 1,89,817 2,61,157 2,92,851 3,02,220 3,32,887 3,59,032
Net income 1 1,39,626 1,55,581 1,58,850 2,39,244 2,32,335 2,54,304 2,90,549 3,14,929
Net Debt 1 -59,856 -1,46,733 -80,493 -1,10,818 -2,10,608 -2,62,476 -4,10,012 -5,36,980
Reference price 2 8,725.00 8,300.00 8,750.00 10,400.00 9,865.00 12,480.00 12,480.00 12,480.00
Nbr of stocks (in thousands) 1,85,630 1,85,818 1,85,946 1,82,035 1,82,385 1,82,391 - -
Announcement Date 02/03/22 28/02/23 29/02/24 07/04/25 27/02/26 - - -
1HUF in Million2HUF
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
9.18x2.12x5.48x4.84% 709.04Cr
34.18x6.41x22.23x0.92% 4.64TCr
15.96x1.97x8.77x1.69% 3.73TCr
28.87x4.1x17.01x0.56% 1.25TCr
27.25x3.31x17.13x0.93% 1.18TCr
18.58x3.37x11.75x3.79% 897.09Cr
28.95x3.78x17.59x0.16% 700.76Cr
15.51x2.06x6.85x3.21% 729.19Cr
35.39x6.9x25.23x0.98% 462.46Cr
Average 23.76x 3.78x 14.67x 1.9% 1.59TCr
Weighted average by Cap. 25.00x 4.06x 15.44x 1.55%

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. Stocks
  3. RICHTER Stock
  4. Valuation Gedeon Richter