Company Valuation: OPAP

Data adjusted to current consolidation scope
Fiscal Period: December 2025 2026 2027 2028
Market Cap 1 7,068 10,721 - -
Change - 51.68% - -
Enterprise Value (EV) 1 7,068 17,588 17,520 17,308
Change - 148.83% -0.38% -1.21%
P/E - 24.3x 17.6x 14.1x
PBR - -4.76x -6.62x -7.96x
PEG - - 0.5x 0.6x
Capitalization / Revenue 0.79x 1.03x 0.97x 0.92x
EV / Revenue 0.79x 1.69x 1.59x 1.48x
EV / EBITDA - 9.13x 8.33x 7.67x
EV / EBIT - 11.3x 9.45x 8.68x
EV / FCF - 25.1x 16.5x 14.7x
FCF Yield - 3.99% 6.07% 6.82%
Dividend per Share 2 - 1 1.01 1.05
Rate of return - 7.41% 7.49% 7.79%
EPS 2 - 0.5548 0.7663 0.9577
Distribution rate - 180% 132% 110%
Net sales 1 8,991 10,384 11,052 11,656
EBITDA 1 - 1,927 2,103 2,257
EBIT 1 - 1,563 1,854 1,993
Net income 1 732 613.5 690.7 814
Net Debt 1 - 6,867 6,799 6,587
Reference price 2 19.10 13.49 13.49 13.49
Nbr of stocks (in thousands) 370,063 794,759 - -
Announcement Date 19/03/26 - - -
1EUR in Million2EUR
Estimates

P/E, Detailed evolution

P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
25.46x6.56x15.36x1.53% 27.7B
13.41x2.22x7.89x4.7% 18.34B
285.13x1.47x9.84x-.--% 16.44B
12.6x5.71x8.66x4.02% 14.79B
14.8x2.46x9.24x7% 14.65B
150.85x1.86x16.87x-.--% 11.92B
35.43x3.86x19.26x2.93% 8.58B
15.29x2.26x8.29x2.38% 6.63B
Average 69.12x 3.30x 11.93x 2.82% 14.88B
Weighted average by Cap. 69.26x 3.67x 11.90x 2.78%

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