Company Valuation: Risma

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2023 2024 2025 2026 2027 2028
Market Cap 1 1,572 2,966 3,210 5,301 5,348 - -
Change - - 8.24% 65.14% 0.89% - -
Enterprise Value (EV) 1 3,363 2,966 4,296 7,269 6,393 6,398 6,384
Change - - 44.85% 69.23% -12.06% 0.08% -0.22%
P/E -9.15x 12.2x - 19.5x 25.3x 20.5x 18.6x
PBR - - - - - - -
PEG - - - - -0.8x 0.9x 1.8x
Capitalization / Revenue 3x - 2.54x 3.76x 3.15x 3.04x 2.91x
EV / Revenue 6.41x - 3.4x 5.15x 3.77x 3.64x 3.47x
EV / EBITDA 58.4x - 9.31x 11.5x 9.32x 9x 8.53x
EV / EBIT -40.3x - 14.7x 17.1x 13.8x 13.4x 12.6x
EV / FCF - - - - - - -
FCF Yield - - - - - - -
Dividend per Share 2 - - 7 9 10 11 12
Rate of return - - 3.12% 2.43% 2.99% 3.29% 3.59%
EPS 2 -12 17 - 19 13.2 16.3 18
Distribution rate - - - 47.4% 75.8% 67.5% 66.7%
Net sales 1 524.9 - 1,264 1,411 1,696 1,758 1,839
EBITDA 1 57.59 - 461.2 631.3 686 711 748
EBIT 1 -83.52 - 292.8 424.6 463 479 506
Net income 1 -171.8 244.1 - 280.5 405 261 288
Net Debt 1 1,790 - 1,086 1,968 1,045 1,050 1,036
Reference price 2 109.75 207.00 224.05 370.00 334.00 334.00 334.00
Nbr of stocks (in thousands) 14,327 14,327 14,327 14,327 16,012 - -
Announcement Date 29/04/22 30/04/24 28/04/25 06/05/26 - - -
1MAD in Million2MAD
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
25.3x3.77x9.32x2.99% 574M
16.86x3.01x8.64x4.75% 13.03B
14.06x3.23x9.01x3.7% 5.68B
16.63x5.44x10.86x2.33% 5.48B
16.35x2.29x9.48x3.04% 4.85B
19.44x4.11x10.45x1.08% 4.76B
17.42x1.67x7.94x3.16% 2.79B
17.09x1.26x7.74x2.07% 2.37B
Average 17.89x 3.10x 9.18x 2.89% 4.94B
Weighted average by Cap. 16.85x 3.23x 9.23x 3.31%

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