Company Valuation: Prodware S.A.

Data adjusted to current consolidation scope
Fiscal Period: December 2019 2020 2021 2022 2023 2024
Market Cap 1 58.76 43.47 63.74 60.16 66.97 74.63
Change - -26.03% 46.65% -5.61% 11.32% 11.43%
Enterprise Value (EV) 1 171.5 155.8 184.5 189.5 254.8 299.1
Change - -9.14% 18.42% 2.69% 34.43% 17.4%
P/E 7.47x 4.86x -0.94x 4.84x -2.82x 3.36x
PBR 0.39x 0.28x 0.76x 0.6x 0.87x 0.75x
PEG - 0.3x 0x -0x 0x -0x
Capitalization / Revenue 0.31x 0.25x 0.39x 0.32x 0.18x 0.11x
EV / Revenue 0.91x 0.9x 1.11x 1.01x 0.67x 0.45x
EV / EBITDA 8.79x 7.95x 9.39x 6.29x 5.16x 5.06x
EV / EBIT 9.92x 8.72x 13.2x 6.47x 5.29x 5.26x
EV / FCF 36.8x 146x 3.91x -34.2x 2.74x -10.3x
FCF Yield 2.71% 0.69% 25.6% -2.93% 36.5% -9.72%
Dividend per Share 2 - - - - - -
Rate of return - - - - - -
EPS 2 1.017 1.214 -9.237 1.624 -3.098 2.9
Distribution rate - - - - - -
Net sales 1 187.7 172.4 165.5 188.3 380.6 668.7
EBITDA 1 19.52 19.62 19.65 30.12 49.42 59.1
EBIT 1 17.29 17.88 13.93 29.3 48.17 56.83
Net income 1 10.53 11.31 -68.46 15.7 -23.71 22.2
Net Debt 1 112.8 112.4 120.8 129.4 187.8 224.5
Reference price 2 7.59 5.90 8.68 7.86 8.75 9.75
Nbr of stocks (in thousands) 7,742 7,367 7,343 7,654 7,654 7,654
Announcement Date 28/04/20 23/04/21 18/05/22 26/04/23 24/04/24 05/05/25
1EUR in Million2EUR
Estimates


P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
- - - - 247M
21.6x3.56x12.43x3.08% 207B
21.58x4.56x11.19x0.77% 185B
-607.69x43.23x177.59x-.--% 125B
-129.95x18.06x99.96x-.--% 116B
13.16x1.47x7.72x3.65% 108B
13.16x2.39x9.01x6.24% 76.63B
19.26x5.15x12.66x2.91% 57.36B
-16.8x7.28x12.38x-.--% 47.39B
22.08x1.83x11.56x1.41% 43.4B
Average -71.51x 9.72x 39.39x 2.01% 96.8B
Weighted average by Cap. -81.81x 10.51x 43.30x 1.95%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA


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