Company Valuation: XP Power Limited

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 993.4 400.9 319.7 308.8 251.3 496 - -
Change - -59.65% -20.24% -3.43% -18.6% 97.33% - -
Enterprise Value (EV) 1 1,018 551.9 432.4 402.3 292.8 552.5 544.5 529.4
Change - -45.8% -21.64% -6.98% -27.2% 88.69% -1.46% -2.77%
P/E 44.8x -20x -29.9x -32.2x -21.4x 43x 31.8x 22x
PBR 5.91x 2.89x 1.78x 2.14x 1.42x 2.92x 2.41x 2.43x
PEG - 0x 0.5x 3x -5.78x -0x 0.9x 0.5x
Capitalization / Revenue 4.13x 1.38x 1.01x 1.25x 1.09x 2.04x 1.9x 1.78x
EV / Revenue 4.24x 1.9x 1.37x 1.63x 1.27x 2.28x 2.08x 1.9x
EV / EBITDA 18.3x 9.78x 7.86x 9.84x 8.44x 12.2x 10.5x 8.93x
EV / EBIT 22.6x 12.9x 11.4x 16x 16.9x 20.2x 15.2x 12.2x
EV / FCF 81.4x -25.8x 19.4x 9.6x 9.76x 50.2x 34.8x 47.3x
FCF Yield 1.23% -3.88% 5.16% 10.4% 10.2% 1.99% 2.88% 2.12%
Dividend per Share 2 0.94 0.94 0.18 - - - 0.1746 0.2213
Rate of return 1.84% 4.62% 1.33% - - - 0.98% 1.25%
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 1 240.3 290.4 316.4 247.3 230.1 242.8 261.5 278.7
EBITDA 1 55.5 56.4 55 40.9 34.7 45.3 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 56.57 48.48 33.38
Reference price 2 51.00 20.35 13.56 13.06 9.00 17.76 17.76 17.76
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 (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
43x2.28x12.2x-.--% 669M
18.72x2.47x11.1x2.74% 269B
26.16x3.05x16.67x2.01% 248B
32.06x4.1x18.94x1.52% 197B
40.46x5.87x25.06x0.95% 174B
40.11x5.38x24.16x1.06% 133B
45.15x7.42x29.92x0.09% 105B
92.04x11.81x65.43x0.34% 99.14B
32.32x5.23x18.17x1.39% 88.28B
34.53x7.16x22.48x0.54% 58.15B
Average 40.46x 5.48x 24.41x 1.06% 137.34B
Weighted average by Cap. 35.68x 4.95x 22.56x 1.49%

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 XP Power Limited