Company Valuation: Gambero Rosso S.p.A.

Data adjusted to current consolidation scope
Fiscal Period: December 2020 2021 2022 2023 2024 2025
Market Cap 1 5.866 6.791 5.924 6.907 4.479 3.323
Change - 15.76% -12.77% 16.59% -35.15% -25.81%
Enterprise Value (EV) 1 15.24 17.04 14.67 19.75 19.24 16.35
Change - 11.81% -13.89% 34.63% -2.6% -14.98%
P/E -3.38x 971x 3.73x 5.98x -2.21x -1.64x
PBR 0.59x 0.68x 0.51x 0.54x 0.41x 0.37x
PEG - -10x 0x -0.2x 0x -
Capitalization / Revenue 0.46x 0.52x 0.33x 0.37x 0.29x 0.22x
EV / Revenue 1.19x 1.32x 0.83x 1.06x 1.27x 1.07x
EV / EBITDA 8.99x 5.77x 3.22x 4.16x 11.2x 8.63x
EV / EBIT -15.8x 22.7x 5.54x 7.13x -90.3x 511x
EV / FCF 25.6x -33.8x 16x -4.28x -14.4x 5.41x
FCF Yield 3.9% -2.96% 6.24% -23.4% -6.96% 18.5%
Dividend per Share 2 - - - - - -
Rate of return - - - - - -
EPS 2 -0.12 0.000484 0.11 0.08 -0.14 -0.14
Distribution rate - - - - - -
Net sales 1 12.76 12.95 17.69 18.55 15.19 15.34
EBITDA 1 1.695 2.954 4.556 4.752 1.715 1.896
EBIT 1 -0.967 0.751 2.649 2.771 -0.213 0.032
Net income 1 -1.767 0.007 1.597 1.209 -1.999 -2.021
Net Debt 1 9.37 10.24 8.745 12.84 14.76 13.03
Reference price 2 0.4060 0.4700 0.4100 0.4780 0.3100 0.2300
Nbr of stocks (in thousands) 14,449 14,449 14,449 14,449 14,449 14,449
Announcement Date 3/9/22 A 4/14/22 A 4/14/23 A 4/10/24 A 4/12/25 A 4/9/26 A
1EUR in Million2EUR
Estimates


P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
- - - - 5.14M
28.72x14.64x20.81x0.75% 661B
35.48x6.5x23.08x1.01% 78.15B
-102x23.18x55.75x-.--% 63.67B
22.48x4.44x9.77x0.75% 64.37B
10.43x1.39x7.15x1.06% 45.39B
44.98x1.66x9.29x-.--% 44.76B
19.3x3.31x7.89x1.64% 30.98B
19.55x6x11.44x-.--% 25.59B
9.63x2.55x6.15x-.--% 24.13B
Average 9.84x 7.08x 16.81x 0.58% 103.76B
Weighted average by Cap. 19.77x 11.95x 20.39x 0.7%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA


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