Company Valuation: GL events

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 507.6 469.4 575.5 540.2 875.5 733.3 - -
Change - -7.52% 22.59% -6.13% 62.08% -16.25% - -
Enterprise Value (EV) 1 966 961.7 1,076 1,057 1,347 1,191 1,137 1,080
Change - -0.45% 11.89% -1.79% 27.45% -11.6% -4.48% -5.05%
P/E 34.1x 9.24x 9.76x 7.5x 10.9x 7.64x 6.83x 6.39x
PBR 1.57x 1.16x 1.31x 1.17x 1.83x 1.43x 1.22x 1.1x
PEG - 0x 0.7x 0.3x 1x 0.4x 0.6x 0.93x
Capitalization / Revenue 0.68x 0.36x 0.41x 0.33x 0.51x 0.39x 0.38x 0.37x
EV / Revenue 1.3x 0.73x 0.76x 0.65x 0.78x 0.63x 0.59x 0.54x
EV / EBITDA 8.03x 5.7x 4.16x 3.61x 4.26x 3.72x 3.51x 3.22x
EV / EBIT 13.3x 8.59x 7.35x 6.97x 7.65x 5.93x 5.19x 4.78x
EV / FCF 14.9x 6.36x 6.71x 12.4x 8.39x 13.5x 9.34x 8.07x
FCF Yield 6.72% 15.7% 14.9% 8.08% 11.9% 7.43% 10.7% 12.4%
Dividend per Share 2 - 0.35 0.7 0.9 - 0.9667 1.184 1.242
Rate of return - 2.15% 3.57% 4.89% - 3.86% 4.73% 4.96%
EPS 2 0.51 1.76 2.01 2.454 2.73 3.279 3.667 3.92
Distribution rate - 19.9% 34.8% 36.7% - 29.5% 32.3% 31.7%
Net sales 1 741.2 1,310 1,419 1,635 1,717 1,876 1,938 2,005
EBITDA 1 120.3 168.6 258.7 292.6 316 319.7 323.9 335.3
EBIT 1 72.6 112 146.4 151.6 176.2 200.6 219.2 226.1
Net income 1 15.2 52.7 59.95 73.44 81.74 97.46 108.7 120.5
Net Debt 1 458.4 492.2 500.5 516.6 471.3 457.3 404 346.6
Reference price 2 17.40 16.26 19.62 18.40 29.85 25.05 25.05 25.05
Nbr of stocks (in thousands) 29,171 28,870 29,331 29,358 29,332 29,448 - -
Announcement Date 09/03/22 09/03/23 06/03/24 05/03/25 06/03/26 - - -
1EUR in Million2EUR
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
7.64x0.64x3.74x3.86% 836M
29.2x14.89x21.15x0.74% 672B
35.87x6.57x23.33x1% 79B
-101.44x23.6x56.7x-.--% 65.06B
22.06x4.37x9.62x0.77% 63.15B
10.59x1.41x7.25x1.04% 46.1B
44.98x1.66x9.29x-.--% 44.76B
18.64x3.25x7.74x1.68% 30.23B
19.69x6.04x11.51x-.--% 25.78B
9.63x2.55x6.15x-.--% 24.12B
Average 9.69x 6.50x 15.65x 0.91% 105.07B
Weighted average by Cap. 20.04x 12.17x 20.73x 0.69%

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