Company Valuation: Borussia Dortmund GmbH

Data adjusted to current consolidation scope
Fiscal Period: June 2021 2022 2023 2024 2025 2026 2027 2028
Capitalization 1 571.7 394.9 481.8 389.6 433.8 337.8 - -
Change - -30.92% 22% -19.13% 11.33% -22.14% - -
Enterprise Value (EV) 1 647.9 401.5 490.3 425.9 460.3 388.5 392.8 380.2
Change - -38.02% 22.1% -13.14% 8.08% -15.59% 1.1% -3.2%
P/E ratio -7.87x -10.8x 48.5x - 65.5x -36x 34x 19.1x
PBR 2.46x 1.41x 1.7x 1.19x 1.33x 0.99x 1.04x 1.02x
PEG - 0.2x -0x - - 0x -0x 0.2x
Capitalization / Revenue 1.71x 0.86x 1.15x 0.77x 0.82x 0.72x 0.68x 0.66x
EV / Revenue 1.94x 0.88x 1.17x 0.84x 0.87x 0.82x 0.8x 0.75x
EV / EBITDA 16.6x 4.97x 3.98x 2.83x 3.97x 3.81x 3.36x 3.03x
EV / EBIT -8.99x -13.8x 29x 9.27x 43.8x -23.7x 35.4x 17.4x
EV / FCF -8.55x -8.72x -5.25x -4.59x -5.21x 55.1x 34x 18.6x
FCF Yield -11.7% -11.5% -19.1% -21.8% -19.2% 1.81% 2.94% 5.38%
Dividend per Share 2 - - - 0.06 0.06 0.07 0.07 0.0733
Rate of return - - - 1.7% 1.53% 2.29% 2.29% 2.4%
EPS 2 -0.79 -0.33 0.09 - 0.06 -0.085 0.09 0.16
Distribution rate - - - - 100% -82.4% 77.8% 45.8%
Net sales 1 334.2 456.9 418.2 509.1 526 471.6 494 509.4
EBITDA 1 38.95 80.76 123.2 150.3 115.9 102.1 117.1 125.4
EBIT 1 -72.09 -29.18 16.91 45.93 10.51 -16.4 11.1 21.83
Net income 1 -72.81 -35.06 9.55 44.31 6.497 -11.87 8.475 16.73
Net Debt 1 76.24 6.608 8.466 36.22 26.47 50.77 55.03 42.45
Reference price 2 6.215 3.578 4.365 3.530 3.930 3.060 3.060 3.060
Nbr of stocks (in thousands) 91,981 110,377 110,377 110,377 110,377 110,377 - -
Announcement Date 20/09/21 28/09/22 29/09/23 11/09/24 15/08/25 - - -
1EUR in Million2EUR
Estimates

P/E ratio, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
-35.94x0.82x3.8x2.29% 389M
-373.3x4.1x32.77x-.--% 2.77B
-21.06x2.45x10.01x-.--% 1.01B
55.39x - - - 366M
Average -93.73x 2.46x 15.53x 0.76% 1.13B
Weighted average by Cap. -231.09x 3.40x 24.54x 0.21%

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 Borussia Dortmund GmbH
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