Company Valuation: Tinexta S.p.A.

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027
Market Cap 1 1,756 1,040 920.8 363.5 687.9 691.6 -
Change - -40.77% -11.45% -60.53% 89.27% 0.53% -
Enterprise Value (EV) 1 2,019 1,117 1,023 685.3 927.8 931.6 968.2
Change - -44.65% -8.47% -33% 35.39% 0.41% 3.93%
P/E 47.1x 13.8x 14.7x 20.3x -15.9x 23.3x 18.3x
PBR 8.93x - 2.26x 0.91x 2.19x 1.4x 1.32x
PEG - 0x -0.9x -0.3x 0x -0x 0.7x
Capitalization / Revenue 4.68x 2.91x 2.33x 0.8x 1.51x 1.51x 1.32x
EV / Revenue 5.38x 3.13x 2.58x 1.51x 2.03x 2.04x 1.85x
EV / EBITDA 21.7x 11.8x 9.93x 6.18x 9.01x 9.04x 7.44x
EV / EBIT 35.5x 21.7x 19.5x 17.5x -13.7x 14.9x 12.7x
EV / FCF 35.8x 23x 20.5x 24.1x 13.9x 16.6x 14.7x
FCF Yield 2.79% 4.35% 4.89% 4.14% 7.18% 6.01% 6.82%
Dividend per Share 2 0.3 0.51 0.46 0.3 0.3 0.246 0.3005
Rate of return 0.79% 2.24% 2.27% 3.79% 2% 1.63% 1.99%
EPS 2 0.81 1.65 1.38 0.39 -0.94 0.646 0.824
Distribution rate 37% 30.9% 33.3% 76.9% -31.9% 38.1% 36.5%
Net sales 1 375.4 357.2 395.8 455 457.1 457 523.4
EBITDA 1 93 94.8 103 110.8 103 103 130.1
EBIT 1 56.9 51.6 52.4 39.12 -67.96 62.4 76.2
Net income 1 39.6 78.1 63 18.24 -43.01 30.5 38.9
Net Debt 1 263.4 77.6 102 321.8 239.8 240 276.6
Reference price 2 38.16 22.80 20.28 7.92 14.99 15.07 15.07
Nbr of stocks (in thousands) 46,007 45,607 45,402 45,892 45,892 45,892 -
Announcement Date 17/03/22 09/03/23 07/03/24 07/03/25 06/03/26 - -
1EUR in Million2EUR
Estimates

P/E, Detailed evolution

P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
23.33x2.04x9.04x1.63% 789M
22.22x3.5x12.4x3.17% 200B
-96.09x15.2x88x-.--% 95.09B
10.75x1.18x6.19x4.48% 88.57B
14.6x2.66x10.05x5.63% 84.46B
19.72x5.16x12.72x2.86% 59.15B
14.12x2.06x8.64x5.52% 45.64B
20.09x1.49x9.43x0.98% 35.53B
18.84x1.52x9.54x1.58% 35.2B
16.64x2.14x9.95x5.2% 34.27B
Average 6.42x 3.69x 17.60x 3.1% 67.89B
Weighted average by Cap. 1.87x 4.50x 21.23x 3.24%

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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