Company Valuation: Telnet Holding SA

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 102.3 93.16 93.41 72.78 82.97 174.1 - -
Change - -8.9% 0.26% -22.08% 14% 109.8% - -
Enterprise Value (EV) 1 83.45 75.57 76.2 53.67 65.95 155.8 156.3 174.1
Change - -9.44% 0.83% -29.56% 22.87% 136.22% 0.32% 11.39%
P/E 11.3x 11.6x -23.6x 7.63x 9.85x 21.7x 17.7x 17.3x
PBR - - - - - - - -
PEG - -1x 0x -0x -0.8x -4.34x 0.8x 7.01x
Capitalization / Revenue 2.12x 1.68x 1.53x 1.06x 1.03x 2.11x 1.96x 1.85x
EV / Revenue 1.73x 1.37x 1.25x 0.78x 0.82x 1.89x 1.76x 1.85x
EV / EBITDA 6.58x 7x 7.18x 3.89x 5.47x 13.3x 11.1x -
EV / EBIT 7.43x 7.96x -30.1x 5.01x 6.59x 16.9x 13.6x -
EV / FCF 14.8x 16.2x 11.6x 12.3x 16.3x 19.3x 30.1x -
FCF Yield 6.76% 6.16% 8.61% 8.14% 6.14% 5.18% 3.33% -
Dividend per Share 2 0.5 0.55 0.25 - - 0.45 0.55 -
Rate of return 5.93% 7.16% 3.25% - - 3.14% 3.83% -
EPS 2 0.7472 0.6637 -0.3257 0.7864 0.6947 0.66 0.81 0.83
Distribution rate 66.9% 82.9% -76.8% - - 68.2% 67.9% -
Net sales 1 48.28 55.34 61.03 68.91 80.53 82.6 89 94.3
EBITDA 1 12.68 10.79 10.61 13.8 12.06 11.7 14.1 -
EBIT 1 11.23 9.489 -2.535 10.72 10.01 9.23 11.5 -
Net income 1 9.064 8.052 -3.952 9.54 8.427 8.05 9.78 -
Net Debt 1 -18.81 -17.6 -17.21 -19.11 -17.03 -18.3 -17.8 -
Reference price 2 8.43 7.68 7.70 6.00 6.84 14.35 14.35 14.35
Nbr of stocks (in thousands) 12,131 12,131 12,131 12,131 12,131 12,131 - -
Announcement Date 10/05/22 04/05/23 19/06/24 16/05/25 08/06/26 - - -
1TND in Million2TND
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
21.52x1.86x13.16x3.17% 58.59M
23.25x3.6x12.66x3.11% 204B
-96.65x15.29x88.53x-.--% 95.64B
10x1.1x5.75x4.82% 82.34B
14.27x2.6x9.81x5.76% 82.89B
19.21x5.05x12.47x2.96% 57.7B
14.2x2.07x8.69x5.49% 46.07B
20.6x1.53x9.68x0.96% 36.55B
19.3x1.56x9.78x1.54% 36.18B
15.89x2.03x9.46x5.44% 32.87B
Average 6.16x 3.67x 18.00x 3.32% 67.43B
Weighted average by Cap. 1.84x 4.55x 21.47x 3.27%

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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  4. Valuation Telnet Holding SA