Company Valuation: XP Power Limited

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 993.4 400.9 319.7 308.8 251.3 486.5 - -
Change - -59.65% -20.24% -3.43% -18.6% 93.56% - -
Enterprise Value (EV) 1 1,018 551.9 432.4 402.3 292.8 524.6 535 519.9
Change - -45.8% -21.64% -6.98% -27.2% 79.14% 1.98% -2.82%
P/E 44.8x -20x -29.9x -32.2x -21.4x 42.2x 31.2x 21.6x
PBR 5.91x 2.89x 1.78x 2.14x 1.42x 2.86x 2.37x 2.39x
PEG - 0x 0.5x 3x -5.78x -0x 0.9x 0.5x
Capitalization / Revenue 4.13x 1.38x 1.01x 1.25x 1.09x 2.01x 1.86x 1.75x
EV / Revenue 4.24x 1.9x 1.37x 1.63x 1.27x 2.17x 2.05x 1.87x
EV / EBITDA 18.3x 9.78x 7.86x 9.84x 8.44x 12.1x 10.3x 8.77x
EV / EBIT 22.6x 12.9x 11.4x 16x 16.9x 19.1x 15x 12x
EV / FCF 81.4x -25.8x 19.4x 9.6x 9.76x 47.7x 34.1x 46.4x
FCF Yield 1.23% -3.88% 5.16% 10.4% 10.2% 2.1% 2.93% 2.15%
Dividend per Share 2 0.94 0.94 0.18 - - - 0.1746 0.2213
Rate of return 1.84% 4.62% 1.33% - - - 1% 1.27%
EPS 2 1.138 -1.016 -0.454 -0.405 -0.42 0.413 0.5583 0.8055
Distribution rate 82.6% -92.5% -39.6% - - - 31.3% 27.5%
Net sales 1 240.3 290.4 316.4 247.3 230.1 242 261.5 278.7
EBITDA 1 55.5 56.4 55 40.9 34.7 43.3 52.03 59.28
EBIT 1 45.1 42.9 38.1 25.1 17.3 27.4 35.75 43.3
Net income 1 22.6 -20 -9.2 -9.6 -11.4 11.5 16.34 23.77
Net Debt 1 24.7 151 112.7 93.5 41.5 38.1 48.48 33.38
Reference price 2 51.00 20.35 13.56 13.06 9.00 17.42 17.42 17.42
Nbr of stocks (in thousands) 19,479 19,698 23,580 23,642 27,926 27,926 - -
Announcement Date 01/03/22 28/02/23 05/03/24 04/03/25 03/03/26 - - -
1GBP in Million2GBP
Estimates

P/E, Detailed evolution

P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
19x2.51x11.3x2.69% 274B
26.48x3.09x16.85x1.98% 253B
32.35x4.14x19.09x1.51% 199B
40.72x5.9x25.2x0.95% 175B
45.84x6.17x27.5x0.93% 153B
48.58x8.01x32.26x0.09% 113B
95.35x12.18x67.64x0.33% 102B
33.43x5.37x18.67x1.35% 91.02B
35.45x5.98x24x1.1% 58.96B
Average 41.91x 5.93x 26.95x 1.21% 157.65B
Weighted average by Cap. 37.23x 5.11x 23.56x 1.46%

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