Company Valuation: Grifal S.p.A.

Data adjusted to current consolidation scope
Fiscal Period: December 2020 2021 2022 2023 2024 2025 2026 2027
Capitalization 1 24.06 44.91 24.73 26.75 18.78 7.114 7.114 -
Change - 86.7% -44.93% 8.15% -29.79% -62.12% 0% -
Enterprise Value (EV) 1 30.87 57.36 43.84 45.27 39.83 39.12 31.23 29.32
Change - 85.81% -23.58% 3.28% -12.02% -1.79% 4.76% -6.12%
P/E ratio - -64.3x 5.74x 30.2x 125x -5.12x 56.8x 4.92x
PBR 1.68x 2.86x 1.4x 1.46x 1.03x 0.42x 0.48x 0.42x
PEG - - -0x -0.4x -1.5x 0x -1x 0x
Capitalization / Revenue 1.43x 2.07x 0.67x 0.71x 0.5x 0.34x 0.16x 0.14x
EV / Revenue 1.84x 2.64x 1.19x 1.2x 1.06x 1.1x 0.72x 0.59x
EV / EBITDA 32.4x 24.7x 10x 8.1x 6.95x 18.4x 4.97x 3.65x
EV / EBIT -30.5x 5,596x 33.6x 20.8x 24.8x -16.5x 17.5x 8.28x
EV / FCF -28.1x -10.2x -6.56x 55.5x -15.4x -6.38x 10.4x 15.4x
FCF Yield -3.56% -9.81% -15.2% 1.8% -6.5% -15.7% 9.6% 6.48%
Dividend per Share 2 - - - - - - - -
Rate of return - - - - - - - -
EPS 2 - -0.065 0.3783 0.0777 0.0132 -0.122 0.011 0.127
Distribution rate - - - - - - - -
Net sales 1 16.76 21.71 36.88 37.78 37.71 35.41 43.34 49.91
EBITDA 1 0.9525 2.326 4.373 5.589 5.735 2.128 6.29 8.04
EBIT 1 -1.013 0.0102 1.305 2.175 1.607 -2.374 1.78 3.54
Net income 1 - -0.074 0.432 0.8872 0.1503 -3.09 0.13 1.45
Net Debt 1 6.814 12.45 19.1 18.53 21.05 27.17 24.12 22.21
Reference price 2 2.3000 4.1800 2.1700 2.3500 1.6500 0.6250 0.6250 0.6250
Nbr of stocks (in thousands) 10,459 10,745 11,398 11,382 11,382 11,382 11,382 -
Announcement Date 29/03/21 29/03/22 28/03/23 26/03/24 25/03/25 26/03/26 - -
1EUR in Million2EUR
Estimates

P/E ratio, Detailed evolution

P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
-5.12x0.78x7.93x - 82.15L
18.57x1.08x6.73x4.5% 2.16TCr
22.6x2.3x10.99x2.36% 1.97TCr
25.33x1.07x8.15x5.33% 1.78TCr
19.98x2.16x8.98x2.02% 583.77Cr
19.76x2.26x13.28x3.24% 511.22Cr
11.95x1.14x6.62x4.51% 469.53Cr
22.9x0.81x7.18x2.46% 441.51Cr
7.11x1.29x9.14x1.32% 386.87Cr
21.02x1.21x8.93x2.42% 340.39Cr
Average 16.41x 1.41x 8.79x 3.13% 864.9Cr
Weighted average by Cap. 20.49x 1.50x 8.74x 3.61%

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 Grifal S.p.A.