Company Valuation: OPAP

Data adjusted to current consolidation scope
Fiscal Period: December 2025 2026 2027 2028
Market Cap 1 7,068 11,305 - -
Change - 59.95% - -
Enterprise Value (EV) 1 7,068 18,129 18,006 17,728
Change - 156.48% -0.68% -1.54%
P/E - 25.1x 17.9x 14.3x
PBR - -4.5x -8.47x -12.7x
PEG - - 0.4x 0.6x
Capitalization / Revenue 0.79x 1.09x 1.02x 0.97x
EV / Revenue 0.79x 1.75x 1.63x 1.52x
EV / EBITDA - 9.82x 8.93x 8.17x
EV / EBIT - 11.8x 9.61x 8.76x
EV / FCF - 25.8x 16.9x 15x
FCF Yield - 3.87% 5.91% 6.66%
Dividend per Share 2 - 1 1.012 1.063
Rate of return - 7.03% 7.12% 7.47%
EPS 2 - 0.5664 0.7955 0.996
Distribution rate - 177% 127% 107%
Net sales 1 8,991 10,384 11,052 11,656
EBITDA 1 - 1,846 2,016 2,171
EBIT 1 - 1,534 1,874 2,025
Net income 1 732 616.8 694.7 819.5
Net Debt 1 - 6,823 6,700 6,423
Reference price 2 19.10 14.22 14.22 14.22
Nbr of stocks (in thousands) 3,70,063 7,94,759 - -
Announcement Date 19/03/26 - - -
1EUR in Million2EUR
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
- 1.75x9.82x - 1.29TCr
24.01x6.19x14.51x1.64% 2.56TCr
45.87x1.57x10.19x-.--% 1.84TCr
11.74x1.93x6.8x5.32% 1.68TCr
11.59x2.28x7.98x7.51% 1.4TCr
11.32x5.09x7.78x4.56% 1.34TCr
94.48x1.96x17.24x-.--% 1.28TCr
34.55x3.82x19x2.98% 845.5Cr
16.74x2.64x9.87x2.24% 737.22Cr
17.49x3.35x8.4x2.22% 686.66Cr
Average 29.75x 3.06x 11.16x 2.94% 1.37TCr
Weighted average by Cap. 30.05x 3.24x 11.18x 2.86%

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