Company Valuation: WashTec AG

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 736 461.7 428.2 543.3 635.4 496.8 - -
Change - -37.27% -7.25% 26.87% 16.95% -21.82% - -
Enterprise Value (EV) 1 750.1 505.5 470.1 567.7 665 539.2 530.9 519.9
Change - -32.62% -6.99% 20.77% 17.12% -18.92% -1.54% -2.07%
P/E 23.7x 17.5x 15.3x 17.5x 20.8x 13.7x 11.6x 10.7x
PBR 7.48x 5.24x 4.99x 6.14x 7.77x 5.82x 5.48x 5.16x
PEG - -1.2x 2.51x 1.6x -16.09x 0.7x 0.6x 1.15x
Capitalization / Revenue 1.71x 0.96x 0.87x 1.14x 1.27x 0.94x 0.9x 0.86x
EV / Revenue 1.74x 1.05x 0.96x 1.19x 1.33x 1.02x 0.96x 0.9x
EV / EBITDA 12.5x 9.59x 8.31x 9.45x 10.2x 7.72x 6.79x 6.23x
EV / EBIT 16.4x 13.3x 11.2x 12.5x 13.6x 9.95x 8.4x 7.55x
EV / FCF 18.1x 33.2x 9.98x 14.4x 16.1x 14.5x 11.6x 10.3x
FCF Yield 5.52% 3.01% 10% 6.95% 6.22% 6.92% 8.61% 9.75%
Dividend per Share 2 2.1 2.1 2.2 2.4 2.5 2.567 2.74 2.88
Rate of return 3.82% 6.09% 6.88% 5.91% 5.25% 6.86% 7.33% 7.7%
EPS 2 2.32 1.97 2.09 2.32 2.29 2.724 3.21 3.51
Distribution rate 90.5% 107% 105% 103% 109% 94.2% 85.4% 82%
Net sales 1 430.5 482.2 489.5 476.9 498.6 527 551.8 575.6
EBITDA 1 60.2 52.7 56.58 60.1 65.05 69.8 78.17 83.47
EBIT 1 45.69 38.01 41.89 45.5 48.92 54.17 63.2 68.87
Net income 1 31.08 26.36 27.97 31.03 30.69 36.43 42.93 46.97
Net Debt 1 14.09 43.76 41.89 24.42 29.54 42.4 34.1 23.1
Reference price 2 55.00 34.50 32.00 40.60 47.60 37.40 37.40 37.40
Nbr of stocks (in thousands) 13,382 13,382 13,382 13,382 13,349 13,282 - -
Announcement Date 31/03/22 30/03/23 27/03/24 26/03/25 25/03/26 - - -
1EUR in Million2EUR
Estimates

P/E, Detailed evolution

P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
13.73x1.02x7.72x6.86% 57Cr
35.31x6.06x22.53x0.76% 12TCr
33.45x6.24x21.44x1.81% 4.13TCr
32.92x4.22x15.58x0.11% 3.09TCr
26.09x4.12x13.83x1.4% 2.94TCr
20.65x1.71x12.53x2.36% 2.93TCr
23.81x3.48x15.01x0.99% 2.9TCr
26.5x3.19x13.9x1.42% 2.88TCr
102.42x7x36.82x - 2.51TCr
26.01x3.36x16.06x1.75% 2.4TCr
Average 34.09x 4.04x 17.54x 1.94% 3.6TCr
Weighted average by Cap. 35.33x 4.85x 19.52x 1.18%

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

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  4. Valuation WashTec AG