Company Valuation: Fluidra, S.A.

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Capitalization 1 6,682 2,756 3,579 4,465 4,398 3,652 - -
Change - -58.75% 29.84% 24.77% -1.5% -16.97% - -
Enterprise Value (EV) 1 7,749 4,141 4,794 5,623 5,484 4,639 4,492 4,336
Change - -46.56% 15.76% 17.29% -2.46% -15.42% -3.16% -3.49%
P/E ratio 26.6x 17.1x 31.4x 32.3x 25.3x 18.1x 14.5x 12.2x
PBR 4.16x 1.62x 2.28x 2.71x 2.76x 2.2x 2.06x 1.91x
PEG - -0.5x -1.1x 1.5x 1x 1.1x 0.6x 0.6x
Capitalization / Revenue 3.06x 1.15x 1.75x 2.12x 2.01x 1.61x 1.53x 1.44x
EV / Revenue 3.54x 1.73x 2.34x 2.68x 2.51x 2.04x 1.88x 1.71x
EV / EBITDA 14.1x 8.09x 10.8x 12.6x 10.9x 8.85x 7.8x 6.88x
EV / EBIT 18.3x 13.6x 20.3x 21.6x 16.4x 13.1x 11.1x 9.42x
EV / FCF 28.3x 98.8x 13.1x 23.7x 20.2x 17.1x 13.9x 11.9x
FCF Yield 3.53% 1.01% 7.61% 4.22% 4.95% 5.86% 7.22% 8.41%
Dividend per Share 2 0.4 0.85 0.7 0.55 0.65 0.6823 0.7734 0.8951
Rate of return 1.14% 5.85% 3.71% 2.34% 2.81% 3.55% 4.02% 4.65%
EPS 2 1.324 0.8481 0.6002 0.7273 0.9167 1.063 1.323 1.575
Distribution rate 30.2% 100% 117% 75.6% 70.9% 64.2% 58.5% 56.8%
Net sales 1 2,187 2,389 2,051 2,102 2,184 2,272 2,394 2,532
EBITDA 1 549 512 445 447.4 501 524.2 575.7 630.1
EBIT 1 424.3 304.3 236.1 259.7 334 353.1 405.3 460
Net income 1 252 159.9 113.8 138.1 176 206.2 257 302.7
Net Debt 1 1,067 1,385 1,215 1,158 1,087 987.1 840.6 683.9
Reference price 2 35.20 14.52 18.85 23.52 23.16 19.23 19.23 19.23
Nbr of stocks (in thousands) 189,828 189,816 189,848 189,840 189,892 189,891 - -
Announcement Date 28/02/22 27/02/23 29/02/24 27/02/25 26/02/26 - - -
1EUR in Million2EUR
Estimates

P/E ratio, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
18.1x2.04x8.85x3.55% 4.3B
24.42x2.34x14.54x1.05% 5.36B
32.44x3.7x16.89x2.05% 5.03B
29.2x1.42x12.88x-.--% 3.19B
42.53x1.06x5.39x-.--% 2.46B
67.83x - - 1.36% 1.63B
14.81x0.9x8.49x1.81% 1.61B
18.81x1.23x10.28x0.92% 1.42B
9.64x0.79x6.49x - 1.21B
33.02x9.51x22.36x2.21% 795M
Average 29.08x 2.55x 11.80x 1.44% 2.7B
Weighted average by Cap. 28.47x 2.32x 12.18x 1.53%

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 Fluidra, S.A.