Company Valuation: Vossloh AG

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 793 686.8 736.8 831.8 1,476 1,024 - -
Change - -13.4% 7.29% 12.88% 77.47% -30.63% - -
Enterprise Value (EV) 1 1,009 924.3 956.3 969.4 2,029 1,576 1,467 1,413
Change - -8.36% 3.47% 1.36% 109.27% -22.32% -6.92% -3.67%
P/E 34.5x 16.4x 19x 12.1x 23.6x 23.1x 13.2x 11.1x
PBR 1.42x 1.15x 1.21x 1.05x 1.94x 1.22x 1.09x 1.01x
PEG - 0.2x -2.66x 0.2x -2.63x -0.8x 0.2x 0.6x
Capitalization / Revenue 0.84x 0.66x 0.61x 0.69x 1.1x 0.65x 0.61x 0.57x
EV / Revenue 1.07x 0.88x 0.79x 0.8x 1.51x 1x 0.87x 0.79x
EV / EBITDA 8.12x 7.04x 6.05x 6.05x 11.3x 7.6x 6.19x 5.47x
EV / EBIT 14x 11.8x 9.71x 9.21x 18.1x 13.4x 9.73x 8.39x
EV / FCF 34.1x 33.1x 13.5x 11.3x 21.7x 20.1x 15.6x 13.1x
FCF Yield 2.93% 3.02% 7.41% 8.87% 4.6% 4.98% 6.4% 7.6%
Dividend per Share 2 1 1 1.05 1.1 1.15 1.078 1.466 1.672
Rate of return 2.21% 2.56% 2.5% 2.56% 1.51% 2.03% 2.77% 3.15%
EPS 2 1.31 2.38 2.21 3.56 3.24 2.294 4.021 4.78
Distribution rate 76.3% 42% 47.5% 30.9% 35.5% 47% 36.4% 35%
Net sales 1 942.8 1,046 1,214 1,210 1,343 1,577 1,683 1,789
EBITDA 1 124.2 131.2 158 160.3 179.4 207.2 236.9 258.5
EBIT 1 72.3 78.1 98.5 105.2 111.9 117.5 150.8 168.4
Net income 1 23.1 41.7 38.7 63.2 62.7 44.29 75.12 89.35
Net Debt 1 215.6 237.5 219.5 137.6 552.5 551.8 442.8 389
Reference price 2 45.15 39.10 41.95 43.05 76.40 53.00 53.00 53.00
Nbr of stocks (in thousands) 17,564 17,564 17,564 19,321 19,321 19,321 - -
Announcement Date 17/03/22 16/03/23 21/03/24 25/03/25 19/03/26 - - -
1EUR in Million2EUR
Estimates

P/E, Detailed evolution



P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
23.32x1.01x7.65x2.02% 1.18B
31.49x4.34x18.32x0.42% 48.94B
11.64x0.37x3.89x4.22% 24.61B
15.07x1.43x8.45x0.57% 9.42B
19.41x0.68x8.34x2.89% 3.67B
13.67x0.58x6.96x2.57% 3.01B
12.65x3.37x8.62x4.49% 2.22B
23.32x1.62x8.8x4.33% 1.3B
14.11x1.14x9.98x3.1% 1.33B
Average 18.30x 1.62x 9.00x 2.74% 10.63B
Weighted average by Cap. 22.85x 2.63x 12.30x 1.78%

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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