Company Valuation: NEURONES

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 920.3 950.8 1,062 1,067 1,047 854.8 - -
Change - 3.32% 11.69% 0.47% -1.89% -18.34% - -
Enterprise Value (EV) 1 655.7 679 771.5 747.4 710.1 523.6 491 452.8
Change - 3.56% 13.62% -3.13% -4.99% -26.26% -6.24% -7.78%
P/E 24.5x 21.6x 21.6x 20.3x 20.1x 15.4x 13.8x 12.5x
PBR 2.95x 2.87x 3x 2.82x 2.62x 2.07x 1.94x 1.82x
PEG - 1.2x 1.9x 3.17x -21.71x 1.75x 1.2x 1.2x
Capitalization / Revenue 1.59x 1.43x 1.43x 1.32x 1.22x 0.93x 0.88x 0.84x
EV / Revenue 1.13x 1.02x 1.04x 0.92x 0.83x 0.57x 0.5x 0.44x
EV / EBITDA 8.6x 7.59x 8.33x 7.82x 7.46x 5.09x 4.32x 3.65x
EV / EBIT 10.6x 9.31x 10.2x 9.59x 9.39x 6.34x 5.32x 4.44x
EV / FCF - - - - - - - -
FCF Yield - - - - - - - -
Dividend per Share 2 1 1 1.2 1.3 1.4 1.5 1.6 1.7
Rate of return 2.63% 2.55% 2.74% 2.96% 3.25% 4.18% 4.46% 4.74%
EPS 2 1.55 1.82 2.03 2.16 2.14 2.329 2.598 2.869
Distribution rate 64.5% 54.9% 59.1% 60.2% 65.4% 64.4% 61.6% 59.2%
Net sales 1 579.9 665.4 741.2 810.4 857.2 917.2 972.2 1,021
EBITDA 1 76.28 89.44 92.61 95.58 95.14 103 113.5 123.9
EBIT 1 61.6 72.9 75.9 77.9 75.6 82.55 92.36 102.1
Net income 1 37.7 44.3 49.4 52.5 52.1 56.77 63.33 69.95
Net Debt 1 -264.6 -271.8 -290.4 -319.5 -336.6 -331.1 -363.8 -402
Reference price 2 38.00 39.25 43.75 43.95 43.05 35.85 35.85 35.85
Nbr of stocks (in thousands) 24,218 24,224 24,272 24,274 24,313 23,842 - -
Announcement Date 09/02/22 08/02/23 06/03/24 05/03/25 11/03/26 - - -
1EUR in Million2EUR
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
15.39x0.57x5.09x4.18% 971M
21.6x3.56x12.43x3.08% 207B
21.99x4.64x11.38x0.76% 189B
-599.1x42.61x175.06x-.--% 124B
-133.59x18.57x102.82x-.--% 120B
13.62x1.52x7.99x3.52% 112B
13.27x2.4x9.06x6.19% 77.38B
19.25x5.15x12.66x2.92% 57.65B
-17.04x7.34x12.48x-.--% 48.05B
22.15x1.83x11.6x1.4% 43.68B
Average -62.25x 8.82x 36.05x 2.2% 97.94B
Weighted average by Cap. -79.25x 10.41x 43.00x 1.93%

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