Company Valuation: Prologue

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027
Market Cap 1 30.57 20.24 18.57 18.32 23.18 27.12 -
Change - -33.8% -8.27% -1.35% 26.58% 17% -
Enterprise Value (EV) 1 43.04 27.54 21.73 17.73 10.39 16.14 14.48
Change - -36.02% -21.09% -18.41% -41.42% 55.43% -10.28%
P/E -12.3x 15.9x -2.04x 7.14x 2.81x 9.87x 9.87x
PBR - - - - - - -
PEG - -0x 0x -0x 0x -0.1x -
Capitalization / Revenue 0.32x 0.19x 0.17x 0.16x 0.36x 0.55x 0.53x
EV / Revenue 0.46x 0.25x 0.19x 0.16x 0.16x 0.33x 0.28x
EV / EBITDA 4.95x 7.21x 3.17x 2.59x 51.9x 3.79x 3.23x
EV / EBIT -44x 14.6x -13.6x 3.77x -4.25x 4.41x 3.72x
EV / FCF 7.95x -29.5x 5.73x 5.32x -0.83x 15.4x 8.28x
FCF Yield 12.6% -3.4% 17.5% 18.8% -121% 6.5% 12.1%
Dividend per Share 2 - - - - - - -
Rate of return - - - - - - -
EPS 2 -0.028 0.014 -0.11 0.028 0.09 0.03 0.03
Distribution rate - - - - - - -
Net sales 1 94.28 108.4 111.7 111.3 65 49.5 50.82
EBITDA 1 8.69 3.817 6.86 6.843 0.2 4.26 4.49
EBIT 1 -0.979 1.886 -1.598 4.697 -2.441 3.66 3.89
Net income 1 -2.637 0.621 -10.2 1.977 9.825 2.65 2.89
Net Debt 1 12.47 7.3 3.166 -0.585 -12.8 -10.98 -12.64
Reference price 2 0.3450 0.2220 0.2240 0.2000 0.2530 0.2960 0.2960
Nbr of stocks (in thousands) 88,622 91,167 82,884 91,578 91,634 91,634 -
Announcement Date 30/04/22 30/04/23 30/04/24 13/05/25 29/04/26 - -
1EUR in Million2EUR
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
22.02x8.43x13.96x0.96% 2,83500Cr
90.94x36.68x61.16x-.--% 29TCr
110.51x35.26x111.51x0.16% 11TCr
72.53x14.58x31.79x-.--% 9TCr
445.91x19.13x76.92x-.--% 8.79TCr
138.39x8.16x20.83x-.--% 7.15TCr
33.28x1.73x13.55x-.--% 6.12TCr
117.59x4.93x24.38x-.--% 4.3TCr
-31.93x4.18x20x-.--% 3.4TCr
Average 111.03x 14.79x 41.57x 0.12% 40.35TCr
Weighted average by Cap. 45.00x 11.78x 23.12x 0.76%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA