Company Valuation: OPAP

Data adjusted to current consolidation scope
Fiscal Period: December 2025 2026 2027 2028
Market Cap 1 7,068 11,023 - -
Change - 55.96% - -
Enterprise Value (EV) 1 7,068 17,847 17,723 17,446
Change - 152.49% -0.69% -1.56%
P/E - 24.5x 17.4x 13.9x
PBR - -4.38x -8.26x -12.4x
PEG - - 0.4x 0.6x
Capitalization / Revenue 0.79x 1.06x 1x 0.95x
EV / Revenue 0.79x 1.72x 1.6x 1.5x
EV / EBITDA - 9.67x 8.79x 8.04x
EV / EBIT - 11.6x 9.46x 8.62x
EV / FCF - 25.4x 16.7x 14.8x
FCF Yield - 3.93% 6% 6.76%
Dividend per Share 2 - 1 1.012 1.063
Rate of return - 7.21% 7.3% 7.66%
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 13.87 13.87 13.87
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 (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
- 1.72x9.67x - 1.26TCr
22.91x5.92x13.9x1.71% 2.44TCr
45.08x1.55x10.08x-.--% 1.81TCr
11.35x1.85x6.51x5.5% 1.63TCr
11.06x2.21x7.71x7.87% 1.33TCr
11.21x5.06x7.74x4.61% 1.32TCr
94.06x1.95x17.13x-.--% 1.28TCr
35.39x3.91x19.42x2.9% 864.8Cr
15.89x2.5x9.35x2.36% 699.62Cr
13.44x2.35x8.06x0.88% 666.74Cr
Average 28.93x 2.90x 10.96x 2.87% 1.33TCr
Weighted average by Cap. 29.58x 3.10x 10.98x 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