Company Valuation: Qrf

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 80.81 69.31 78.77 80.72 81.11 131.9 - -
Change - -14.24% 13.65% 2.48% 0.48% 62.66% - -
Enterprise Value (EV) 80.81 69.31 78.77 80.72 81.11 131.9 131.9 131.9
Change - -14.24% 13.65% 2.48% 0.48% 62.66% 0% 0%
P/E 34.4x - -31.6x 7.39x 4.77x 9.1x 10x 9.76x
PBR - - - - - - - -
PEG - - - -0x 0.1x -0.2x -1.06x 3.29x
Capitalization / Revenue - - 5.64x 6.46x 6.18x 7.92x 7.41x 7.06x
EV / Revenue - - 0x 0x 0x 7.92x 7.41x 7.06x
EV / EBITDA - - - - 0x 9.85x 9.1x 8.62x
EV / EBIT - - 0x 0x 0x 9.81x 9.07x 8.62x
EV / FCF - - - 0x -0x 28.7x 22.4x 16.5x
FCF Yield - - - 54.6% -53.4% 3.49% 4.47% 6.06%
Dividend per Share 2 - - 0.8 0.84 0.84 0.84 0.84 0.84
Rate of return - - 7.92% 8.12% 8.08% 8.28% 8.28% 8.28%
EPS 2 0.32 - -0.32 1.4 2.18 1.115 1.01 1.04
Distribution rate - - -250% 60% 38.5% 75.3% 83.2% 80.8%
Net sales 1 - - 13.96 12.49 13.12 16.65 17.8 18.7
EBITDA 1 - - - - 10.08 13.4 14.5 15.3
EBIT 1 - - 11.53 9.805 10.08 13.45 14.55 15.3
Net income 1 2.327 12.6 -2.455 10.93 18.26 10.5 10.75 11
Net Debt - - - - - - - -
Reference price 2 11.00 9.14 10.10 10.35 10.40 10.15 10.15 10.15
Nbr of stocks (in thousands) 7,347 7,583 7,799 7,799 7,799 12,998 - -
Announcement Date 25/02/22 13/04/23 19/04/24 18/04/25 26/02/26 - - -
1EUR in Million2EUR
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
9.1x - - 8.28% 152M
14.13x4.58x12.31x3.58% 40.23B
17.54x3.91x15.73x1.4% 27.53B
5.65x0.73x1.53x8.8% 27.34B
7.75x1.41x7.77x4.57% 25.89B
13.6x3.06x14.65x2.57% 25.53B
10.3x2.08x8.84x4.08% 20.7B
8x0.89x3.23x2.79% 20.46B
12.92x6.37x16.74x1.68% 18.84B
36.56x13.51x34x3.25% 17.71B
Average 13.55x 4.06x 12.76x 4.1% 22.44B
Weighted average by Cap. 13.47x 3.78x 12.09x 3.74%

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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