Company Valuation: adesso SE

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 1,359 858.3 700.3 564.8 567.8 379.3 - -
Change - -36.85% -18.41% -19.35% 0.53% -33.2% - -
Enterprise Value (EV) 1 1,467 1,008 925.2 800.5 825.3 663 670.6 662.3
Change - -31.26% -8.25% -13.48% 3.1% -19.66% 1.14% -1.23%
P/E 27.3x 30.1x 219x 70.4x 31.3x 14.1x 10.7x 8.6x
PBR 7.1x 4.19x 3.45x 3.02x 2.99x 1.82x 1.59x 1.37x
PEG - -0.7x -2.5x 0x 0x 0.3x 0.3x 0.3x
Capitalization / Revenue 2x 0.95x 0.62x 0.44x 0.39x 0.23x 0.21x 0.19x
EV / Revenue 2.16x 1.12x 0.81x 0.62x 0.56x 0.4x 0.37x 0.34x
EV / EBITDA 14.3x 10.9x 11.6x 8.14x 6.68x 4.75x 4.24x 3.8x
EV / EBIT 22.1x 20.9x 41.5x 26x 16.3x 11.2x 9.55x 7.94x
EV / FCF 49.6x 83.2x 21.8x 9.83x 19.1x 12.4x 10.7x 8.53x
FCF Yield 2.01% 1.2% 4.6% 10.2% 5.23% 8.05% 9.35% 11.7%
Dividend per Share 2 0.6 0.65 0.7 0.75 0.78 0.83 0.886 0.95
Rate of return 0.29% 0.49% 0.65% 0.85% 0.88% 1.4% 1.5% 1.6%
EPS 2 7.65 4.38 0.49 1.25 2.83 4.186 5.519 6.886
Distribution rate 7.84% 14.8% 143% 60% 27.6% 19.8% 16.1% 13.8%
Net sales 1 678.3 900.3 1,136 1,297 1,466 1,645 1,818 1,958
EBITDA 1 102.4 92.91 80.03 98.35 123.6 139.5 158.1 174.1
EBIT 1 66.42 48.15 22.31 30.84 50.56 59.09 70.18 83.44
Net income 1 47.93 28.79 3.41 10.2 17.46 26.89 35.93 44.72
Net Debt 1 107.8 150.1 224.9 235.7 257.5 283.7 291.3 283
Reference price 2 209.00 131.80 107.40 88.00 88.70 59.20 59.20 59.20
Nbr of stocks (in thousands) 6,503 6,512 6,520 6,418 6,401 6,407 - -
Announcement Date 3/29/22 A 3/31/23 A 3/25/24 A 3/26/25 A 3/30/26 A - - -
1EUR in Million2EUR
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
22.71x3.68x12.85x2.95% 216B
-115.72x18.42x106.35x-.--% 114B
12.6x1.39x7.3x3.8% 104B
14.98x2.74x10.33x5.49% 87.53B
19.34x5.12x12.57x2.95% 58.49B
14.93x2.18x9.23x5.22% 48.28B
21.18x1.62x10.23x0.9% 39.84B
20.65x1.69x10.44x1.42% 39.89B
18.05x2.31x10.98x4.79% 37.5B
Average 3.19x 4.35x 21.14x 3.06% 82.84B
Weighted average by Cap. -2.05x 5.24x 25.51x 2.96%

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