Company Valuation: Ctac N.V.

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027
Market Cap 1 57.96 46.67 46.69 42.16 43.3 38.2 -
Change - -19.48% 0.04% -9.7% 2.68% -11.76% -
Enterprise Value (EV) 1 50.48 41.26 39.73 32.59 38.71 25.1 21.8
Change - -18.27% -3.7% -17.98% 18.78% -35.15% -13.15%
P/E 13.3x 9.17x 41.3x 10.6x 12.2x 7.3x 7.5x
PBR 2.23x 1.57x 1.64x 1.37x 1.32x 1.03x 0.95x
PEG - 0.6x -0.5x 0x -1.1x 0.2x -2.78x
Capitalization / Revenue 0.54x 0.4x 0.37x 0.34x 0.34x 0.28x 0.27x
EV / Revenue 0.47x 0.35x 0.31x 0.26x 0.31x 0.18x 0.15x
EV / EBITDA 4.21x 3.36x 3.9x 3.04x 3.74x 1.95x 1.66x
EV / EBIT 7.81x 5.98x 9.75x 5.86x 7.8x 3.59x 3.11x
EV / FCF 5.8x 9.39x 4.22x 3.85x -42.9x 2.89x 2.4x
FCF Yield 17.2% 10.7% 23.7% 26% -2.33% 34.7% 41.7%
Dividend per Share 2 0.11 0.12 0.11 0.11 0.11 0.15 0.15
Rate of return 2.59% 3.58% 3.33% 3.69% 3.59% 5.56% 5.56%
EPS 2 0.32 0.3652 0.08 0.28 0.25 0.37 0.36
Distribution rate 34.4% 32.9% 138% 39.3% 44% 40.5% 41.7%
Net sales 1 106.4 117.7 127.2 124.3 125.7 136 143
EBITDA 1 12 12.29 10.18 10.73 10.34 12.9 13.1
EBIT 1 6.462 6.901 4.073 5.557 4.96 7 7
Net income 1 4.5 5.043 1.134 3.91 3.599 5.2 5.1
Net Debt 1 -7.479 -5.414 -6.962 -9.577 -4.588 -13.1 -16.4
Reference price 2 4.250 3.350 3.300 2.980 3.060 2.700 2.700
Nbr of stocks (in thousands) 13,637 13,932 14,149 14,149 14,149 14,149 -
Announcement Date 25/02/22 17/02/23 27/02/24 28/03/25 28/02/26 - -
1EUR in Million2EUR
Estimates

P/E, Detailed evolution



P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
7.3x0.18x1.95x5.56% 44.43M
22.79x3.72x13x2.92% 219B
-131.12x18.33x99.77x-.--% 118B
13.3x1.47x7.7x3.61% 110B
14.6x2.67x10.06x5.63% 86.08B
19.97x5.26x12.91x2.85% 60.36B
14.18x2.06x8.72x5.49% 46.22B
21.25x1.73x10.8x1.38% 42.47B
20.15x1.52x9.76x0.94% 39.39B
17.63x2.22x10.55x4.96% 36.45B
Average 2.01x 3.92x 18.52x 3.33% 75.75B
Weighted average by Cap. -4.76x 5.28x 24.77x 2.93%

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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