Company Valuation: ATLAND

Data adjusted to current consolidation scope
Fiscal Period: December 2020 2021 2022 2023 2024 2025
Market Cap 1 148.8 195.8 179.1 176.5 183.2 173
Change - 31.57% -8.55% -1.46% 3.81% -5.59%
Enterprise Value (EV) 1 237.5 311.4 278.5 282.9 215.9 211.2
Change - 31.09% -10.56% 1.57% -23.67% -2.17%
P/E 7.6x 12.2x 19.3x 15.1x 21x 21.4x
PBR 1.16x 1.4x 1.27x 1.23x 1.32x 1.26x
PEG - -0.7x -0.5x 0.6x -0.9x -2.72x
Capitalization / Revenue 0.8x 1.21x 0.96x 0.86x 0.92x 0.99x
EV / Revenue 1.27x 1.93x 1.49x 1.37x 1.09x 1.21x
EV / EBITDA 11.1x 16.7x 11.6x 14.5x 13.2x 15.9x
EV / EBIT 14.3x 26x 15.5x 20.8x 17x 17.4x
EV / FCF 8.11x -7.33x 12.1x -8.7x 9.69x 5.13x
FCF Yield 12.3% -13.6% 8.25% -11.5% 10.3% 19.5%
Dividend per Share 2 1.5 1.75 2 2.3 2.3 1.75
Rate of return 4.43% 3.91% 4.85% 5.67% 5.4% 4.38%
EPS 2 4.46 3.68 2.13 2.68 2.03 1.87
Distribution rate 33.6% 47.6% 93.9% 85.8% 113% 93.6%
Net sales 1 187.1 161.4 186.7 206.2 198.9 174.1
EBITDA 1 21.47 18.69 24.05 19.51 16.31 13.31
EBIT 1 16.61 11.99 18 13.57 12.71 12.14
Net income 1 19.68 16.17 9.331 11.68 8.808 8.106
Net Debt 1 88.68 115.5 99.42 106.4 32.73 38.29
Reference price 2 33.88 44.80 41.20 40.60 42.60 40.00
Nbr of stocks (in thousands) 4,393 4,371 4,347 4,347 4,301 4,324
Announcement Date 22/03/21 19/04/22 08/04/24 08/04/24 28/04/25 29/04/26
1EUR in Million2EUR
Estimates

P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
- - - - 165M
42.02x16.06x16.65x4.99% 61.17B
13.39x24.54x28.91x3.35% 17.67B
9.5x12.71x15.86x5.24% 17.22B
20.16x17.02x25.34x4.91% 15.04B
11.1x13.87x16.62x5.08% 12.6B
32.21x11.62x18.33x3.6% 10.89B
8.11x22.77x30.83x2.75% 10.81B
15.84x12.31x19.26x6.1% 9.64B
24.7x7.32x12x5.66% 8.88B
Average 19.67x 15.36x 20.42x 4.63% 16.41B
Weighted average by Cap. 25.77x 16.00x 19.63x 4.7%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA