Company Valuation: Mondi plc

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 10,542 7,707 8,593 6,354 4,586 4,125 - -
Change - -26.89% 11.49% -26.05% -27.83% -10.07% - -
Enterprise Value (EV) 1 12,293 7,707 9,012 8,086 7,185 6,792 6,679 6,605
Change - -37.3% 16.93% -10.27% -11.14% -5.47% -1.66% -1.11%
P/E 14x 5.31x -61.9x 29.4x 27.8x -76.8x 15.2x 11.6x
PBR 2.34x - 1.67x 1.32x 0.97x 0.88x 0.85x 0.82x
PEG - 0.1x 1x -0x -1.2x 1x -0x 0.4x
Capitalization / Revenue 1.37x 0.87x 1.17x 0.86x 0.6x 0.51x 0.49x 0.47x
EV / Revenue 1.59x 0.87x 1.23x 1.09x 0.94x 0.84x 0.79x 0.75x
EV / EBITDA 8.18x 4.17x 7.5x 7.71x 7.18x 8.02x 6.45x 5.71x
EV / EBIT 11.6x 5.34x 11.4x 13.3x 14.5x 18.9x 12.5x 10.2x
EV / FCF 21.3x - 17x -98.6x 29.2x 41x 17.4x 14.9x
FCF Yield 4.69% - 5.87% -1.01% 3.42% 2.44% 5.76% 6.73%
Dividend per Share 2 0.715 - 0.7 0.7 0.2825 0.2005 0.3085 0.4023
Rate of return 2.99% - 3.59% 4.86% 2.71% 2.14% 3.3% 4.3%
EPS 2 1.714 3.291 -0.315 0.491 0.374 -0.1218 0.6168 0.8072
Distribution rate 41.7% - -222% 143% 75.5% -165% 50% 49.8%
Net sales 1 7,723 8,902 7,330 7,416 7,663 8,090 8,487 8,761
EBITDA 1 1,503 1,848 1,201 1,049 1,001 847.2 1,035 1,156
EBIT 1 1,064 1,443 790 606 497 359.6 535.7 649.1
Net income 1 756 1,452 -153 218 165 -74.2 274.1 351.5
Net Debt 1 1,751 - 419 1,732 2,599 2,667 2,555 2,481
Reference price 2 23.915 17.480 19.489 14.414 10.411 9.357 9.357 9.357
Nbr of stocks (in thousands) 4,40,824 4,40,928 4,40,913 4,40,848 4,40,537 4,40,798 - -
Announcement Date 03/03/22 23/02/23 22/02/24 20/02/25 19/02/26 - - -
1EUR in Million2EUR
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
22.99x1.11x7.17x4.26% 2.25TCr
23.67x2.35x11.29x2.33% 2.03TCr
26.29x1.07x8.13x5.52% 1.72TCr
20.06x2.3x9.39x1.87% 619.77Cr
19.59x2.31x13.77x2.79% 521.59Cr
12.31x1.13x6.55x4.41% 479.54Cr
-76.82x0.84x8.02x2.14% 464.37Cr
18.62x1.31x8.5x2.63% 376.2Cr
5.99x1.23x8.75x1.85% 334.59Cr
Average 8.08x 1.52x 9.06x 3.09% 978.55Cr
Weighted average by Cap. 16.71x 1.54x 8.98x 3.54%

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