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 23,38,247 - -
Change - -4.77% 5.49% 16.36% -4.96% 29.96% - -
Enterprise Value (EV) 1 15,59,769 13,95,557 15,46,536 17,82,343 15,88,618 20,64,605 19,16,058 17,93,645
Change - -10.53% 10.82% 15.25% -10.87% 29.96% -7.19% -6.39%
P/E 11.6x 9.94x 10.2x 7.96x 7.76x 9.39x 8.08x 7.25x
PBR 1.78x 1.47x 1.44x 1.49x 1.31x 1.54x 1.4x 1.27x
PEG - 0.9x 3.41x 0.2x -2.82x 1.26x 0.5x 0.6x
Capitalization / Revenue 2.57x 1.92x 2.02x 2.21x 1.94x 2.44x 2.28x 2.12x
EV / Revenue 2.47x 1.74x 1.92x 2.08x 1.71x 2.16x 1.87x 1.63x
EV / EBITDA 8.86x 7.1x 6.43x 5.74x 4.5x 5.58x 4.86x 4.16x
EV / EBIT 11.5x 9.09x 8.15x 6.82x 5.42x 6.84x 5.78x 5.01x
EV / FCF -460x 12.3x 17.9x 8.26x 7.56x 9.14x 8.24x 7.04x
FCF Yield -0.22% 8.12% 5.6% 12.1% 13.2% 10.9% 12.1% 14.2%
Dividend per Share 2 225 390 - - - 591.1 673.6 748.5
Rate of return 2.58% 4.7% - - - 4.61% 5.25% 5.84%
EPS 2 751 835 860 1,307 1,271 1,366 1,586 1,768
Distribution rate 30% 46.7% - - - 43.3% 42.5% 42.3%
Net sales 1 6,30,595 8,02,755 8,05,158 8,57,545 9,28,962 9,56,986 10,26,266 11,02,705
EBITDA 1 1,76,123 1,96,480 2,40,625 3,10,678 3,53,314 3,69,972 3,94,551 4,31,431
EBIT 1 1,35,832 1,53,555 1,89,817 2,61,157 2,92,851 3,02,048 3,31,606 3,57,876
Net income 1 1,39,626 1,55,581 1,58,850 2,39,244 2,32,335 2,55,025 2,90,044 3,19,542
Net Debt 1 -59,856 -1,46,733 -80,493 -1,10,818 -2,10,608 -2,73,642 -4,22,189 -5,44,602
Reference price 2 8,725.00 8,300.00 8,750.00 10,400.00 9,865.00 12,820.00 12,820.00 12,820.00
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.($)
9.38x2.16x5.58x4.61% 748.61Cr
35.35x6.65x23.02x0.89% 4.86TCr
17.63x2.21x9.96x1.47% 4.13TCr
27.41x3.91x16.22x0.59% 1.21TCr
27.15x3.29x17.06x0.93% 1.19TCr
18.73x3.33x11.58x3.85% 914.92Cr
29.91x3.92x18.21x0.16% 734.08Cr
16.06x2.11x6.84x3.14% 752.04Cr
35.05x6.85x24.97x0.95% 465.36Cr
Average 24.07x 3.82x 14.83x 1.84% 1.67TCr
Weighted average by Cap. 25.63x 4.16x 15.85x 1.47%

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