Company Valuation: Repsol S.A.

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Capitalization 1 15,517 20,454 17,174 13,764 17,638 25,694 - -
Change - 31.82% -16.04% -19.86% 28.15% 45.67% - -
Enterprise Value (EV) 1 21,279 22,710 19,270 18,772 23,515 29,796 30,262 29,458
Change - 6.72% -15.15% -2.58% 25.27% 26.71% 1.57% -2.66%
P/E ratio 6.36x 5.02x 5.47x 8.17x 9.83x 6.65x 7.44x 7.15x
PBR 0.71x 0.78x 0.62x 0.51x 0.72x 0.88x 0.81x 0.76x
PEG - 0.1x -0.3x -0.2x 0.7x 0x -0.7x 1.8x
Capitalization / Revenue 0.31x 0.27x 0.29x 0.24x 0.31x 0.36x 0.39x 0.4x
EV / Revenue 0.43x 0.3x 0.33x 0.33x 0.41x 0.42x 0.46x 0.46x
EV / EBITDA 3.01x 1.66x 1.95x 2.33x 3.06x 3.37x 3.9x 3.89x
EV / EBIT 4.87x 2.13x 2.66x 3.64x 5x 4.85x 5.9x 5.98x
EV / FCF 7.67x 4.36x 13.5x -35.9x 10.7x 9.3x 10.5x 10.9x
FCF Yield 13% 22.9% 7.42% -2.79% 9.32% 10.8% 9.52% 9.2%
Dividend per Share 2 0.63 0.7 0.9 0.975 0.975 1.1 1.161 1.248
Rate of return 6.04% 4.71% 6.69% 8.34% 6.12% 4.73% 4.99% 5.37%
EPS 2 1.64 2.96 2.46 1.43 1.62 3.496 3.126 3.25
Distribution rate 38.4% 23.6% 36.6% 68.2% 60.2% 31.5% 37.1% 38.4%
Net sales 1 49,480 74,828 58,538 56,713 57,218 71,528 65,143 63,582
EBITDA 1 7,071 13,710 9,864 8,060 7,678 8,837 7,754 7,569
EBIT 1 4,372 10,648 7,250 5,155 4,704 6,148 5,128 4,926
Net income 1 2,499 4,251 3,168 1,756 1,899 3,973 3,348 3,245
Net Debt 1 5,762 2,256 2,096 5,008 5,877 4,102 4,569 3,765
Reference price 2 10.44 14.85 13.45 11.69 15.92 23.25 23.25 23.25
Nbr of stocks (in thousands) 1,486,902 1,377,396 1,276,860 1,177,396 1,107,562 1,105,099 - -
Announcement Date 17/02/22 16/02/23 22/02/24 20/02/25 19/02/26 - - -
1EUR in Million2EUR
Estimates

P/E ratio, Detailed evolution

P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
6.65x0.42x3.37x4.73% 29.79B
14.32x1.76x7.78x2.55% 674B
21.45x2.01x10.99x0.47% 185B
8.44x0.58x2.96x4.49% 118B
11.13x0.29x4.79x6.4% 86.83B
10.46x1.9x5.34x2.54% 82.19B
8.8x0.62x6.06x1.83% 77.98B
9.15x0.72x6.32x1.55% 76.79B
9.91x0.6x7.21x2.77% 73.12B
13.22x1.59x8.65x1.83% 66.55B
Average 11.35x 1.05x 6.35x 2.92% 146.96B
Weighted average by Cap. 13.36x 1.41x 7.24x 2.6%

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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  3. REP Stock
  4. Valuation Repsol S.A.