Company Valuation: Robertet

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 2,246 1,737 1,716 1,755 1,705 1,712 - -
Change - -22.67% -1.18% 2.27% -2.84% 0.4% - -
Enterprise Value (EV) 1 2,168 1,907 1,899 1,888 1,738 1,731 1,673 1,608
Change - -12.08% -0.39% -0.57% -7.96% -0.37% -3.35% -3.88%
P/E 31.5x 23x 23.2x 19.7x 18.6x 17x 15.5x 14x
PBR - - - - 2.91x 2.48x 2.2x 1.93x
PEG - 1.3x -12.07x 1x 1.89x -4.76x 1.58x 1.3x
Capitalization / Revenue 3.71x 2.47x 2.38x 2.17x 2.02x 1.97x 1.87x 1.76x
EV / Revenue 3.58x 2.71x 2.63x 2.34x 2.06x 1.99x 1.82x 1.65x
EV / EBITDA 18.5x - 14.3x 12x 9.98x 10.3x 9.16x 8.07x
EV / EBIT 23.2x 18.7x 17x 15.1x 12.1x 12.7x 11.2x 9.88x
EV / FCF 33.7x 74.3x 21.4x 22x 26x 22.9x 22.2x 18.7x
FCF Yield 2.97% 1.35% 4.68% 4.54% 3.84% 4.36% 4.5% 5.36%
Dividend per Share 2 8 8 8.5 10 10 12.08 13.19 14.32
Rate of return 0.82% 0.96% 1.02% 1.18% 1.14% 1.55% 1.7% 1.84%
EPS 2 31 36.41 35.71 43.06 47.29 45.6 50.08 55.35
Distribution rate 25.8% 22% 23.8% 23.2% 21.1% 26.5% 26.3% 25.9%
Net sales 1 606.1 703 721.1 807.6 843.9 869.4 917.6 972.7
EBITDA 1 117.5 - 133 157.1 174.1 168.5 182.6 199.2
EBIT 1 93.59 101.9 111.4 125.3 143.9 136 149 162.8
Net income 1 71.71 76.02 74.6 90.07 103.4 97.72 108.6 119.6
Net Debt 1 -77.27 169.8 182.9 133 32.43 19.05 -39 -103.9
Reference price 2 975.00 837.00 830.00 848.00 878.00 777.00 777.00 777.00
Nbr of stocks (in thousands) 2,312 2,087 2,080 2,089 1,958 2,219 - -
Announcement Date 29/04/22 02/05/23 11/04/24 28/04/25 15/04/26 - - -
1EUR in Million2EUR
Estimates

P/E, Detailed evolution



P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
17.74x2.07x10.67x1.49% 206.66Cr
37.32x5.09x20.63x1.04% 7.94TCr
26.02x3.08x15.97x2% 3.81TCr
29.5x4.45x19.24x2.26% 3.75TCr
14.39x1.39x8.57x2.2% 2.54TCr
36.76x9.02x27.42x2.49% 2.29TCr
10.87x2.96x5.85x2.51% 2.26TCr
25.27x2.73x11.08x1.79% 1.82TCr
13.53x2.71x6.13x1.2% 1.59TCr
23.5x2.86x13.15x1.42% 1.46TCr
Average 23.49x 3.64x 13.87x 1.84% 2.77TCr
Weighted average by Cap. 27.36x 4.10x 16.12x 1.77%

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