Company Valuation: Primcom SA

Data adjusted to current consolidation scope
Fiscal Period: December 2020 2021 2022 2023 2024 2025
Market Cap 1 14.36 14.36 13.25 15.79 11.02 4.285
Change - 0% -7.72% 19.19% -30.23% -61.11%
Enterprise Value (EV) 1 14.36 14.39 13.23 15.79 10.89 4.323
Change - 0.16% -8.07% 19.43% -31.05% -60.3%
P/E -37.2x 5.04x 6.48x 42.2x -23.3x -9.1x
PBR 1.81x 1.81x 1.42x 2.26x 1.86x 0.79x
PEG - -0x -0.3x -0.5x 0x 23.99x
Capitalization / Revenue 20.9x 45.2x 35.3x 83.8x 49.4x 18.5x
EV / Revenue 20.9x 45.3x 35.2x 83.8x 48.8x 18.6x
EV / EBITDA 25.4x 4.06x 5.68x 26.1x -49.8x -19.5x
EV / EBIT -37.2x 5.47x 6.54x 47.6x -22.9x -9.15x
EV / FCF 24.1x 13.5x 6.96x -35.6x -24.6x -84x
FCF Yield 4.16% 7.43% 14.4% -2.81% -4.06% -1.19%
Dividend per Share 2 - - - - - -
Rate of return - - - - - -
EPS 2 -0.2662 1.964 1.528 0.2796 -0.3862 -0.3847
Distribution rate - - - - - -
Net sales 1 0.6866 0.3177 0.3758 0.1884 0.2233 0.232
EBITDA 1 0.5666 3.543 2.33 0.6045 -0.2188 -0.2221
EBIT 1 -0.3862 2.628 2.022 0.3321 -0.4752 -0.4723
Net income 1 -0.3861 2.628 2.044 0.3423 -0.4728 -0.471
Net Debt 1 0.005277 0.0282 -0.0237 0.002827 -0.129 0.0379
Reference price 2 9.900 9.900 9.900 11.800 9.000 3.500
Nbr of stocks (in thousands) 1,450 1,450 1,338 1,338 1,224 1,224
Announcement Date 29/04/21 29/04/22 21/03/23 30/04/24 30/04/25 22/04/26
1RON in Million2RON
Estimates

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
- - - - 10L
16.63x5.21x14.02x3.04% 4.74TCr
9.3x1.56x8.16x3.82% 3.22TCr
18.25x4.03x16.32x1.35% 2.79TCr
5.48x0.66x1.38x9.12% 2.64TCr
13.89x3.09x14.78x2.52% 2.54TCr
11.15x2.12x9.92x3.98% 2.11TCr
7.95x0.88x3.21x2.81% 2.03TCr
10.79x1.69x14.65x3.5% 1.97TCr
13.38x6.55x17.49x1.59% 1.94TCr
Average 11.87x 2.87x 11.10x 3.53% 2.4TCr
Weighted average by Cap. 12.36x 3.04x 11.24x 3.55%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

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  4. Valuation Primcom SA