Company Valuation: TFF Group

Data adjusted to current consolidation scope
Fiscal Period: April 2022 2023 2024 2025 2026 2027 2028 2029
Market Cap 1 641.7 895.4 925.7 453.1 345.6 299.2 - -
Change - 39.53% 3.39% -51.05% -23.73% -13.43% - -
Enterprise Value (EV) 1 778.6 1,080 1,192 767.1 630.8 526.1 479.9 450.5
Change - 38.65% 10.45% -35.66% -17.77% -16.59% -8.8% -6.12%
P/E 17.9x 16.9x 16.4x 14.7x - 45.7x 19.5x 12.5x
PBR 1.57x 2.02x 1.89x 0.93x - 0.62x 0.61x 0.59x
PEG - 0.4x 2.5x -0.3x - - 0x 0.2x
Capitalization / Revenue 2.12x 2.04x 1.9x 1.07x 1.1x 1.17x 1.05x 0.95x
EV / Revenue 2.57x 2.45x 2.45x 1.8x 2.02x 2.07x 1.68x 1.43x
EV / EBITDA 15.6x 11.6x 11.1x 9.47x 13.1x 14.2x 9.96x 7.56x
EV / EBIT 20.3x 13.6x 13x 12.7x 22.2x 28.8x 16.5x 11.1x
EV / FCF 46.9x -37x -21.4x -43.8x 10.7x 7.71x 10.6x 11.3x
FCF Yield 2.13% -2.7% -4.67% -2.29% 9.37% 13% 9.48% 8.89%
Dividend per Share 2 0.4 0.4 0.6 0.5 0.4 0.2422 0.2792 0.3366
Rate of return 1.35% 0.97% 1.41% 2.39% 2.51% 1.76% 2.02% 2.44%
EPS 2 1.65 2.44 2.6 1.42 - 0.3017 0.7068 1.101
Distribution rate 24.2% 16.4% 23.1% 35.2% - 80.3% 39.5% 30.6%
Net sales 1 302.6 439.8 486.6 425.4 312.7 254.7 285.9 315.6
EBITDA 1 50.03 92.99 107.4 80.97 48.2 37.15 48.16 59.58
EBIT 1 38.34 79.13 91.76 60.49 28.45 18.29 29.04 40.5
Net income 1 35.86 52.82 56.45 30.71 8.804 11.25 16.98 26.6
Net Debt 1 136.9 184.2 266.6 314 285.2 227 180.7 151.3
Reference price 2 29.60 41.30 42.70 20.90 15.94 13.80 13.80 13.80
Nbr of stocks (in thousands) 21,680 21,680 21,680 21,680 21,680 21,680 - -
Announcement Date 13/07/22 12/07/23 08/07/24 09/07/25 09/07/26 - - -
1EUR in Million2EUR
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
45.75x2.07x14.16x1.76% 34Cr
14.47x1.37x8.46x5.95% 2.03TCr
19.18x3.03x8.54x3.2% 1.89TCr
18.31x1.51x10.39x1.25% 1.69TCr
18.46x1.79x10.94x2.26% 1.33TCr
15.37x1.25x8.21x1.22% 1.24TCr
18.81x2.23x10.59x1.49% 1.17TCr
31.19x1.1x8.19x2.79% 886.02Cr
23.43x2.2x10.62x1.56% 792.41Cr
Average 22.77x 1.84x 10.01x 2.39% 1.23TCr
Weighted average by Cap. 18.98x 1.84x 9.42x 2.74%

Y-o-Y evolution of P/E

Valuation ratios - P/E - TFF Group

Historical PBR trend

Valuation ratios - PBR - TFF Group

Evolution Enterprise Value / Sales

Valuation ratios - VE_REV - TFF Group

Change in Enterprise Value/EBITDA

Valuation ratios - VE_EBITDA - TFF Group


Year-on-year evolution of the Yield

Valuation ratios - Yield - TFF Group