Company Valuation: Netfonds AG

Data adjusted to current consolidation scope
Fiscal Period: December 2020 2021 2022 2023 2024 2025 2026 2027
Market Cap 1 71.35 95.26 88.91 100 97.28 179 179 -
Change - 33.5% -6.66% 12.47% -2.72% 83.99% 0% -
Enterprise Value (EV) 1 85.18 97.28 91.57 106.2 108.6 187.4 179.2 168.3
Change - 14.21% -5.87% 15.93% 2.32% 72.52% -4.38% -6.06%
P/E Ratio - 11.3x 105x -160x 55.3x 35.9x 22.2x 18.4x
PBR - - - - 4.37x 6.45x 4.89x 3.69x
PEG - - -1.2x 1x -0x 0x 0.4x 0.9x
Capitalization / Revenue - 0.49x 0.5x - 0.41x 0.67x 0.6x 0.55x
EV / Revenue - 0.5x 0.52x - 0.46x 0.7x 0.6x 0.52x
EV / EBITDA - 6.22x 14.1x - 13.5x 15x 9.99x 8.2x
EV / EBIT 48.3x 8.34x 30.9x 78.6x 32.6x 23.8x 13.9x 11x
EV / FCF 32.8x -5.16x 75.8x -86.1x -15.1x 22.3x 20.4x 15.6x
FCF Yield 3.05% -19.4% 1.32% -1.16% -6.6% 4.48% 4.89% 6.42%
Dividend per Share 2 0.16 - 0.25 - - 0.425 0.425 0.425
Rate of return 0.5% - 0.62% - - 0.55% 0.55% 0.55%
EPS 2 - 3.79 0.384 -0.268 0.7601 2.14 3.463 4.177
Distribution rate - - 65.1% - - 19.9% 12.3% 10.2%
Net sales 1 - 193.2 176.4 - 237.1 266.6 299.4 325.9
EBITDA 1 - 15.65 6.473 - 8.063 12.53 17.93 20.53
EBIT 1 1.762 11.67 2.962 1.35 3.33 7.867 12.87 15.37
Net income 1 0.0762 8.4 0.8501 -0.6209 1.773 4.967 8.067 9.7
Net Debt 1 13.83 2.025 2.655 6.154 11.33 8.4 0.2 -10.65
Reference price 2 32.20 43.00 40.20 43.00 42.00 76.72 76.72 76.72
Nbr of stocks (in thousands) 2,216 2,215 2,212 2,326 2,316 2,333 2,333 -
Announcement Date 06/05/21 07/05/22 30/06/23 22/05/24 16/06/25 - - -
1EUR in Million2EUR
Estimates

P/E Ratio, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
17.84x3.27x8.95x3.21% 62.63B
14.92x3.85x27.37x2.59% 41.78B
7.05x - - 2.59% 12.39B
4.52x1.25x - 3.95% 11.41B
10.55x0.75x - 2.12% 8.29B
8.67x - - 5.94% 7.16B
-171.14x2.95x16.34x0.99% 4.64B
15.17x - - - 4.26B
25.14x - - 1.79% 3.96B
Average -7.48x 2.41x 17.55x 2.9% 17.39B
Weighted average by Cap. 8.94x 3.10x 16.32x 3.01%

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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