Company Valuation: Atresmedia

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 751.2 718.8 809.3 984 1,099 1,151 - -
Change - -4.32% 12.59% 21.59% 11.67% 4.71% - -
Enterprise Value (EV) 1 757.5 756.1 787 844.2 1,031 1,175 1,154 1,161
Change - -0.19% 4.08% 7.27% 22.1% 14.04% -1.84% 0.64%
P/E 6.29x 6.38x 4.73x 8.2x 17.4x 11.2x 10.7x 10.5x
PBR 1.37x 1.21x 1.06x 1.19x 1.5x 1.44x 1.48x 1.41x
PEG - -1.13x 0.1x -0.3x -0.4x 0.2x 2.11x 7.44x
Capitalization / Revenue 0.78x 0.76x 0.83x 0.97x 1.1x 1.08x 1.03x 1.01x
EV / Revenue 0.79x 0.8x 0.81x 0.83x 1.03x 1.1x 1.03x 1.02x
EV / EBITDA 4.39x 4.38x 4.57x 4.75x 11.8x 7.45x 6.86x 6.82x
EV / EBIT 4.9x 4.86x 5.07x 5.27x 14.7x 8.47x 7.83x 7.86x
EV / FCF 4.3x 9.11x 6.31x 4.79x 11.3x 11.3x 11.3x 11.1x
FCF Yield 23.3% 11% 15.8% 20.9% 8.88% 8.87% 8.88% 9.02%
Dividend per Share 2 0.42 0.42 0.42 0.45 - 0.395 0.3908 0.3923
Rate of return 12.6% 13.2% 11.7% 10.3% - 7.73% 7.65% 7.68%
EPS 2 0.53 0.5 0.76 0.5329 0.28 0.455 0.4781 0.4848
Distribution rate 79.2% 84% 55.3% 84.4% - 86.8% 81.8% 80.9%
Net sales 1 963.3 950.8 971.4 1,018 1,002 1,066 1,120 1,138
EBITDA 1 172.5 172.8 172.1 177.6 87.7 157.8 168.3 170.2
EBIT 1 154.6 155.5 155.3 160.2 70.13 138.8 147.3 147.8
Net income 1 118.5 112.9 171.2 120.3 62.11 102.8 110.3 109.1
Net Debt 1 6.329 37.32 -22.34 -139.9 -68.19 24.7 3.05 10.46
Reference price 2 3.336 3.192 3.594 4.370 4.880 5.110 5.110 5.110
Nbr of stocks (in thousands) 225,178 225,178 225,178 225,178 225,178 225,178 - -
Announcement Date 24/02/22 23/02/23 29/02/24 27/02/25 25/02/26 - - -
1EUR in Million2EUR
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
-22.7x2.59x11.23x-.--% 67.24B
11.16x1.49x6.53x0.9% 25.33B
5.87x2.06x5.81x3.84% 5.97B
16.02x0.9x5.95x7.33% 5.73B
9.66x1.15x3.68x2.92% 5.38B
12.84x0.92x6.32x1.58% 4.52B
11.32x2.38x4.6x3.26% 2.02B
12.32x0.66x7.41x3.5% 1.96B
46.92x1.09x22.59x - 1.85B
Average 11.49x 1.47x 8.23x 2.92% 13.33B
Weighted average by Cap. -7.27x 2.07x 9.19x 1.05%

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