Company Valuation: Fluidra, S.A.

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 6,682 2,756 3,579 4,465 4,398 3,674 - -
Change - -58.75% 29.84% 24.77% -1.5% -16.45% - -
Enterprise Value (EV) 1 7,749 4,141 4,794 5,623 5,484 4,703 4,569 4,421
Change - -46.56% 15.76% 17.29% -2.46% -14.25% -2.85% -3.23%
P/E 26.6x 17.1x 31.4x 32.3x 25.3x 19.7x 15.1x 12.8x
PBR 4.16x 1.62x 2.28x 2.71x 2.76x 2.28x 2.1x 1.95x
PEG - -0.5x -1.1x 1.5x 1x 2.77x 0.5x 0.7x
Capitalization / Revenue 3.06x 1.15x 1.75x 2.12x 2.01x 1.62x 1.54x 1.46x
EV / Revenue 3.54x 1.73x 2.34x 2.68x 2.51x 2.07x 1.91x 1.76x
EV / EBITDA 14.1x 8.09x 10.8x 12.6x 10.9x 8.84x 7.88x 7.06x
EV / EBIT 18.3x 13.6x 20.3x 21.6x 16.4x 13.6x 11.2x 9.66x
EV / FCF 28.3x 98.8x 13.1x 23.7x 20.2x 20.9x 15.4x 13.2x
FCF Yield 3.53% 1.01% 7.61% 4.22% 4.95% 4.77% 6.51% 7.58%
Dividend per Share 2 0.4 0.85 0.7 0.55 0.65 0.6858 0.7674 0.8632
Rate of return 1.14% 5.85% 3.71% 2.34% 2.81% 3.54% 3.97% 4.46%
EPS 2 1.324 0.8481 0.6002 0.7273 0.9167 0.9818 1.282 1.508
Distribution rate 30.2% 100% 117% 75.6% 70.9% 69.9% 59.8% 57.2%
Net sales 1 2,187 2,389 2,051 2,102 2,184 2,268 2,392 2,516
EBITDA 1 549 512 445 447.4 501 532.3 579.5 625.9
EBIT 1 424.3 304.3 236.1 259.7 334 347 408.4 457.5
Net income 1 252 159.9 113.8 138.1 176 190.1 248 290.9
Net Debt 1 1,067 1,385 1,215 1,158 1,087 1,028 894.1 746.7
Reference price 2 35.20 14.52 18.85 23.52 23.16 19.35 19.35 19.35
Nbr of stocks (in thousands) 189,828 189,816 189,848 189,840 189,892 189,893 - -
Announcement Date 2/28/22 A 2/27/23 A 2/29/24 A 2/27/25 A 2/26/26 A - - -
1EUR in Million2EUR
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
19.71x2.07x8.84x3.54% 4.26B
21.48x2.2x12.77x1.05% 5.08B
20.83x2.16x10.52x3.28% 2.95B
26.97x1.22x9.78x-.--% 2.8B
17.39x0.76x3.6x-.--% 2.39B
15.85x1.04x9.55x1.62% 1.94B
17.62x1.21x9.82x1% 1.49B
9.68x0.8x6.51x - 1.2B
44.08x11.79x28x1.67% 1.02B
74.04x1.69x8.99x-.--% 833M
Average 26.76x 2.49x 10.84x 1.35% 2.4B
Weighted average by Cap. 22.82x 2.08x 10.29x 1.6%

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 Fluidra, S.A.