Company Valuation: Ctac N.V.

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027
Market Cap 1 57.96 46.67 46.69 42.16 43.3 38.77 -
Change - -19.48% 0.04% -9.7% 2.68% -10.46% -
Enterprise Value (EV) 1 50.48 41.26 39.73 32.59 38.71 25.67 22.37
Change - -18.27% -3.7% -17.98% 18.78% -33.69% -12.86%
P/E 13.3x 9.17x 41.3x 10.6x 12.2x 7.41x 7.61x
PBR 2.23x 1.57x 1.64x 1.37x 1.32x 1.04x 0.96x
PEG - 0.6x -0.5x 0x -1.1x 0.2x -2.82x
Capitalization / Revenue 0.54x 0.4x 0.37x 0.34x 0.34x 0.29x 0.27x
EV / Revenue 0.47x 0.35x 0.31x 0.26x 0.31x 0.19x 0.16x
EV / EBITDA 4.21x 3.36x 3.9x 3.04x 3.74x 1.99x 1.71x
EV / EBIT 7.81x 5.98x 9.75x 5.86x 7.8x 3.67x 3.2x
EV / FCF 5.8x 9.39x 4.22x 3.85x -42.9x 2.95x 2.46x
FCF Yield 17.2% 10.7% 23.7% 26% -2.33% 33.9% 40.7%
Dividend per Share 2 0.11 0.12 0.11 0.11 0.11 0.15 0.15
Rate of return 2.59% 3.58% 3.33% 3.69% 3.59% 5.47% 5.47%
EPS 2 0.32 0.3652 0.08 0.28 0.25 0.37 0.36
Distribution rate 34.4% 32.9% 138% 39.3% 44% 40.5% 41.7%
Net sales 1 106.4 117.7 127.2 124.3 125.7 136 143
EBITDA 1 12 12.29 10.18 10.73 10.34 12.9 13.1
EBIT 1 6.462 6.901 4.073 5.557 4.96 7 7
Net income 1 4.5 5.043 1.134 3.91 3.599 5.2 5.1
Net Debt 1 -7.479 -5.414 -6.962 -9.577 -4.588 -13.1 -16.4
Reference price 2 4.250 3.350 3.300 2.980 3.060 2.740 2.740
Nbr of stocks (in thousands) 13,637 13,932 14,149 14,149 14,149 14,149 -
Announcement Date 2/25/22 A 2/17/23 A 2/27/24 A 3/28/25 A 2/28/26 A - -
1EUR in Million2EUR
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
7.24x0.18x1.92x5.6% 43.11M
21.67x3.57x12.47x3.07% 208B
-128.76x17.94x99.74x-.--% 116B
12.96x1.45x7.6x3.7% 107B
13.41x2.44x9.19x6.13% 78.05B
19.27x5.12x12.58x2.93% 57.19B
22.29x1.84x11.66x1.35% 43.84B
13.15x1.89x8.03x5.93% 42.32B
20.67x1.58x9.92x0.9% 40.26B
17.06x2.2x10.23x5.07% 35.31B
Average 1.90x 3.82x 18.33x 3.47% 72.73B
Weighted average by Cap. -5.34x 5.16x 24.73x 3.03%

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