Company Valuation: freenet AG

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 2,792 2,428 3,013 3,275 3,425 2,846 - -
Change - -13.03% 24.09% 8.68% 4.6% -16.91% - -
Enterprise Value (EV) 1 3,636 3,133 3,594 3,764 3,678 3,353 3,296 3,243
Change - -13.82% 14.7% 4.73% -2.27% -8.86% -1.69% -1.59%
P/E 14.4x 30.5x 19.5x 13.2x 12.8x 11.6x 10.5x 9.54x
PBR 1.69x 1.65x 2.09x 2.2x 2.26x 1.91x 1.89x 1.85x
PEG - -0.5x 0.2x 0.2x 1.2x -1.41x 1x 0.96x
Capitalization / Revenue 1.09x 0.95x 1.15x 1.32x 1.4x 0.93x 0.91x 0.87x
EV / Revenue 1.42x 1.23x 1.37x 1.52x 1.51x 1.09x 1.06x 1x
EV / EBITDA 8.13x 6.55x 7.18x 7.48x 7.14x 6.5x 5.99x 5.48x
EV / EBIT 14.5x 24.2x 14.6x 10.5x 9.77x 9.36x 8.16x 7.2x
EV / FCF 11.4x 9.42x 13.7x 12.9x 12.6x 11.8x 10.6x 9.7x
FCF Yield 8.77% 10.6% 7.31% 7.77% 7.94% 8.46% 9.4% 10.3%
Dividend per Share 2 1.57 1.68 1.77 1.97 2.07 2.034 2.128 2.191
Rate of return 6.75% 8.23% 6.99% 7.15% 7.06% 8.34% 8.73% 8.99%
EPS 2 1.62 0.67 1.3 2.08 2.3 2.111 2.324 2.556
Distribution rate 96.9% 251% 136% 94.7% 90% 96.4% 91.6% 85.7%
Net sales 1 2,556 2,557 2,627 2,478 2,440 3,070 3,123 3,254
EBITDA 1 447.3 478.7 500.2 503.1 515.4 515.5 550 591.4
EBIT 1 250 129.4 246.1 357.1 376.5 358.4 404 450.7
Net income 1 198.2 79.29 154.6 246.8 271.3 235.7 263.7 290.8
Net Debt 1 844 705.3 580.9 489.3 253.3 506.5 449.8 397.3
Reference price 2 23.27 20.42 25.34 27.54 29.34 24.38 24.38 24.38
Nbr of stocks (in thousands) 119,974 118,901 118,901 118,901 116,737 116,737 - -
Announcement Date 3/1/22 A 3/24/23 A 3/26/24 A 3/26/25 A 2/25/26 A - - -
1EUR in Million2EUR
Estimates

P/E, Detailed evolution



P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
11.55x1.09x6.5x8.34% 3.31B
11.32x1.33x4.22x6.97% 225B
11.04x2.59x6.85x5.63% 208B
13.81x2.21x5.68x3.97% 158B
13.6x1.84x7.89x3.1% 90.06B
12.17x0.92x3.46x6.36% 82.01B
11.55x1.77x4.48x2.83% 69.23B
15.42x2.69x8.42x5.03% 58.32B
24.35x5.48x20.04x4.48% 58.26B
15.51x2.74x6.13x4.47% 50.19B
Average 14.03x 2.27x 7.37x 5.12% 100.26B
Weighted average by Cap. 13.15x 2.16x 6.55x 5.16%

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

  1. Stock Market
  2. Stocks
  3. FNTN Stock
  4. Valuation freenet AG