Projected Income Statement: OPAP

Forecast Balance Sheet: OPAP

Forecast Balance Sheet - OPAP
Fiscal Period: December 2025 2026 2027 2028
Net Debt 1 - 6,992 6,925 6,865
Change - - -0.96% -0.87%
Announcement Date 19/03/26 - - -
1EUR in Million
Estimates

Cash Flow Forecast: OPAP

Fiscal Period: December 2026 2027 2028
CAPEX 1 255.2 206.4 207.9
Change - -19.13% 0.75%
Free Cash Flow (FCF) 1 714 764 908.5
Change - 7% 18.91%
Announcement Date - - -
1EUR in Million
Estimates

Forecast Financial Ratios: OPAP

Fiscal Period: December 2025 2026 2027 2028

Profitability

    
EBITDA Margin (%) - 18.24% 18.02% 18.44%
EBIT Margin (%) - 15.28% 15.19% 15.65%
EBT Margin (%) - 9.74% 10% 10.9%
Net margin (%) 8.14% 5.55% 6.2% 6.84%
FCF margin (%) - 7.02% 6.91% 7.81%
FCF / Net Income (%) - 126.54% 111.29% 114.27%

Profitability

    
ROA - 7.4% 7.16% 8.01%
ROE - 40% 16.47% 18.84%

Financial Health

    
Leverage (Debt/EBITDA) - 3.77x 3.47x 3.2x
Debt / Free cash flow - 9.79x 9.06x 7.56x

Capital Intensity

    
CAPEX / Current Assets (%) - 2.51% 1.87% 1.79%
CAPEX / EBITDA (%) - 13.76% 10.35% 9.69%
CAPEX / FCF (%) - 35.74% 27.01% 22.89%

Items per share

    
Cash flow per share 1 - 1.286 1.304 1.405
Change - - 1.37% 7.78%
Dividend per Share 1 - 1 1.014 1.058
Change - - 1.43% 4.26%
Book Value Per Share 1 - -2.795 -3.009 -3.102
Change - - -7.65% -3.1%
EPS 1 - 0.56 0.7376 0.8938
Change - - 31.73% 21.17%
Nbr of stocks (in thousands) - 794,759 794,759 794,759
Announcement Date - - - -
1EUR
Estimates
2026 *2027 *
P/E 20.8x 15.8x
PBR -4.16x -3.86x
EV / Sales 1.6x 1.46x
Yield 8.6% 8.73%

EPS & Dividend

EPS & Dividend - OPAP


Y-o-Y evolution of P/E

Valuation ratios - P/E - OPAP
 

Year-on-year evolution of the Yield

Valuation ratios - Yield - OPAP
Trader
-
Investor
-
Global
-
Quality
-
ESG MSCI
AA
MarketScreener Ratings - OPAP
Sell
Consensus
Buy
Mean consensus
HOLD
Number of Analysts
8
Last Close Price
11.62EUR
Average target price
12.80EUR
Spread / Average Target
+10.11%

Annual profits - Rate of surprise

Rate of surprise - EPS - Annual - OPAP