Company Valuation: NEURONES

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 920.3 950.8 1,062 1,067 1,047 850.8 - -
Change - 3.32% 11.69% 0.47% -1.89% -18.71% - -
Enterprise Value (EV) 1 655.7 679 771.5 747.4 710.1 519.4 487.1 449.9
Change - 3.56% 13.62% -3.13% -4.99% -26.85% -6.22% -7.64%
P/E 24.5x 21.6x 21.6x 20.3x 20.1x 15.4x 13.9x 12.6x
PBR 2.95x 2.87x 3x 2.82x 2.62x 2.06x 1.94x 1.82x
PEG - 1.2x 1.9x 3.17x -21.71x 1.75x 1.3x 1.26x
Capitalization / Revenue 1.59x 1.43x 1.43x 1.32x 1.22x 0.94x 0.9x 0.86x
EV / Revenue 1.13x 1.02x 1.04x 0.92x 0.83x 0.57x 0.51x 0.45x
EV / EBITDA 8.6x 7.59x 8.33x 7.82x 7.46x 5.11x 4.39x 3.73x
EV / EBIT 10.6x 9.31x 10.2x 9.59x 9.39x 6.38x 5.4x 4.53x
EV / FCF - - - - - - - -
FCF Yield - - - - - - - -
Dividend per Share 2 1 1 1.2 1.3 1.4 1.5 1.6 1.7
Rate of return 2.63% 2.55% 2.74% 2.96% 3.25% 4.2% 4.48% 4.76%
EPS 2 1.55 1.82 2.03 2.16 2.14 2.328 2.576 2.833
Distribution rate 64.5% 54.9% 59.1% 60.2% 65.4% 64.4% 62.1% 60%
Net sales 1 579.9 665.4 741.2 810.4 857.2 904.3 949.6 992.3
EBITDA 1 76.28 89.44 92.61 95.58 95.14 101.6 111.1 120.7
EBIT 1 61.6 72.9 75.9 77.9 75.6 81.39 90.21 99.23
Net income 1 37.7 44.3 49.4 52.5 52.1 56.76 62.8 69.06
Net Debt 1 -264.6 -271.8 -290.4 -319.5 -336.6 -331.5 -363.8 -401
Reference price 2 38.00 39.25 43.75 43.95 43.05 35.75 35.75 35.75
Nbr of stocks (in thousands) 24,218 24,224 24,272 24,274 24,313 23,867 - -
Announcement Date 09/02/22 08/02/23 06/03/24 05/03/25 11/03/26 - - -
1EUR in Million2EUR
Estimates

P/E, Detailed evolution

P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
15.35x0.58x5.13x4.2% 97Cr
27.83x4.47x15.6x2.36% 27TCr
-91.48x14.45x83.68x-.--% 9.05TCr
12.74x2.31x8.57x6.48% 7.54TCr
9.74x1.07x5.6x4.95% 8.02TCr
18.66x4.9x12.1x3.07% 5.52TCr
12.77x1.85x7.76x6.08% 4.19TCr
12.84x1.47x10.06x1.26% 3.46TCr
18.45x1.35x8.62x1.07% 3.25TCr
14.09x1.78x8.26x6.14% 2.94TCr
Average 5.10x 3.42x 16.54x 3.56% 7.1TCr
Weighted average by Cap. 5.62x 4.60x 20.76x 3.11%

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