Company Valuation: HighCo

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 103.1 97.16 74.72 49.3 77.2 69.1 - -
Change - -5.77% -23.1% -34.02% 56.59% -10.5% - -
Enterprise Value (EV) 1 29.4 27.16 8.592 -31.39 0.3714 -18.5 -23.6 -29.2
Change - -7.61% -68.37% -465.3% 101.18% -5,082.01% -27.56% -23.72%
P/E 9.24x 52.8x 6.7x 6.61x 15.9x 32.4x 9.68x 9.05x
PBR 1.07x 1.08x 0.83x 0.53x 1.06x 1.12x 1.09x 1.02x
PEG - -0.6x 0x -0.2x -0.5x -0.6x 0x 1.3x
Capitalization / Revenue 0.75x 0.66x 0.51x 0.34x 0.78x 0.49x 0.47x 0.47x
EV / Revenue 0.21x 0.19x 0.06x -0.21x 0x -0.13x -0.16x -0.2x
EV / EBITDA 1.28x 0.98x 0.44x -1.85x 0.03x -1.28x -1.47x -1.74x
EV / EBIT 1.98x 1.79x 0.54x -3x 0.06x -2.59x -2.67x -3.07x
EV / FCF 3.04x 2.77x 0.79x -1.3x 0.02x -2.53x -2.11x -2.5x
FCF Yield 32.9% 36.1% 126% -76.8% 4,711% -39.5% -47.4% -40.1%
Dividend per Share 2 0.32 0.4 0.2 0.25 1 0.25 0.25 0.25
Rate of return 6.4% 8.42% 5.33% 9.96% 25.2% 7.17% 7.17% 7.17%
EPS 2 0.5412 0.09 0.56 0.38 0.25 0.1077 0.36 0.385
Distribution rate 59.1% 444% 35.7% 65.8% 400% 232% 69.4% 64.9%
Net sales 1 137.4 146.4 145.4 146.4 98.65 140 147 147
EBITDA 1 22.98 27.67 19.74 16.99 11.53 14.45 16.05 16.8
EBIT 1 14.82 15.15 15.85 10.46 5.953 7.15 8.85 9.5
Net income 1 11.19 1.794 11.12 7.463 4.846 2.1 7.05 7.55
Net Debt 1 -73.71 -70 -66.13 -80.69 -76.83 -87.6 -92.7 -98.3
Reference price 2 5.000 4.750 3.750 2.510 3.970 3.485 3.485 3.485
Nbr of stocks (in thousands) 20,622 20,455 19,926 19,642 19,446 19,827 - -
Announcement Date 22/03/22 25/01/23 24/01/24 27/03/25 25/03/26 - - -
1EUR in Million2EUR
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
32.82x-0.13x-1.21x7.07% 7.96Cr
13.67x1.48x6.76x4.15% 2.68TCr
8.89x0.98x5.55x4.5% 2.02TCr
11.98x5.2x9.02x7.18% 1.02TCr
131.89x0.54x89.06x - 662.08Cr
16.37x1.34x4.66x2.83% 595.31Cr
11.09x0.77x4.86x-.--% 588.55Cr
16.65x0.72x4.35x4% 538.52Cr
-52.88x1.76x7.39x0% 501.72Cr
Average 21.16x 1.41x 14.49x 3.71% 956.99Cr
Weighted average by Cap. 17.77x 1.64x 12.67x 3.95%

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