Company Valuation: LPP SA

Data adjusted to current consolidation scope
Fiscal Period: January 2022 2023 2024 2025 2026 2027 2028 2029
Market Cap 1 29,435 18,765 28,885 30,548 36,468 39,851 - -
Change - -36.25% 53.93% 5.76% 19.38% 9.28% - -
Enterprise Value (EV) 1 29,054 23,057 32,565 34,607 42,591 47,606 48,101 48,117
Change - -20.64% 41.24% 6.27% 23.07% 11.77% 1.04% 0.03%
P/E 30.7x 17.1x 18x 17.5x 24.3x 15x 13.6x 12.1x
PBR 8.93x 4.71x 6.12x 5.76x 6.5x 5.85x 4.93x 4.13x
PEG - 1.2x 0.4x 2.02x -1.7x 0.2x 1.36x 0.9x
Capitalization / Revenue 2.1x 1.18x 1.66x 1.51x 1.58x 1.5x 1.32x 1.15x
EV / Revenue 2.07x 1.45x 1.87x 1.71x 1.84x 1.79x 1.59x 1.39x
EV / EBITDA 11.1x 8.91x 8.88x 8.43x 7.9x 7.56x 6.85x 6.14x
EV / EBIT 13.9x 15.8x 14.3x 14.3x 17.1x 12.4x 11.4x 10.2x
EV / FCF 17.3x -43.1x 10x 15.7x 28.3x 29.2x 20x 15.2x
FCF Yield 5.78% -2.32% 9.99% 6.37% 3.53% 3.42% 5% 6.59%
Dividend per Share 2 450 350 430 610 660 920.1 976.3 1,178
Rate of return 2.83% 3.46% 2.76% 3.71% 3.36% 4.29% 4.55% 5.5%
EPS 2 518.2 590.4 866.3 941.5 807 1,431 1,574 1,776
Distribution rate 86.8% 59.3% 49.6% 64.8% 81.8% 64.3% 62% 66.3%
Net sales 1 14,030 15,927 17,406 20,194 23,109 26,592 30,274 34,553
EBITDA 1 2,627 2,589 3,666 4,104 5,391 6,295 7,021 7,841
EBIT 1 2,087 1,460 2,284 2,415 2,493 3,831 4,208 4,703
Net income 1 953.5 1,095 1,607 1,747 1,500 2,631 2,941 3,312
Net Debt 1 -381 4,292 3,680 4,059 6,123 7,755 8,250 8,267
Reference price 2 15,890.00 10,120.00 15,570.00 16,460.00 19,650.00 21,440.00 21,440.00 21,440.00
Nbr of stocks (in thousands) 1,852 1,854 1,855 1,856 1,856 1,859 - -
Announcement Date 20/04/22 26/04/23 26/03/24 02/04/25 26/03/26 - - -
1PLN in Million2PLN
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
15.06x1.79x7.6x4.28% 10.76B
25.09x3.83x13.61x3.55% 197B
40.02x4.91x20.35x0.94% 134B
26.11x2.65x17.08x0.79% 71.96B
44.56x2.53x9.72x1.47% 33.09B
21.31x1.45x8.18x4.37% 27.87B
18.53x2.57x11.45x1.93% 23.19B
14.34x2.8x10.75x1.64% 22.67B
20.83x1.24x10.57x-.--% 15.02B
6.44x0.4x3.75x3.23% 7.5B
Average 23.23x 2.42x 11.31x 2.22% 54.29B
Weighted average by Cap. 28.59x 3.49x 14.66x 2.22%

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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