Company Valuation: GL events

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 507.6 469.4 575.5 540.2 875.5 927.6 - -
Change - -7.52% 22.59% -6.13% 62.08% 5.95% - -
Enterprise Value (EV) 1 966 961.7 1,076 1,057 1,347 1,385 1,332 1,274
Change - -0.45% 11.89% -1.79% 27.45% 2.83% -3.85% -4.32%
P/E 34.1x 9.24x 9.76x 7.5x 10.9x 9.61x 8.59x 8.04x
PBR 1.57x 1.16x 1.31x 1.17x 1.83x 1.8x 1.54x 1.38x
PEG - 0x 0.7x 0.3x 1x 0.5x 0.7x 1.17x
Capitalization / Revenue 0.68x 0.36x 0.41x 0.33x 0.51x 0.49x 0.48x 0.46x
EV / Revenue 1.3x 0.73x 0.76x 0.65x 0.78x 0.74x 0.69x 0.64x
EV / EBITDA 8.03x 5.7x 4.16x 3.61x 4.26x 4.33x 4.11x 3.8x
EV / EBIT 13.3x 8.59x 7.35x 6.97x 7.65x 6.9x 6.07x 5.63x
EV / FCF 14.9x 6.36x 6.71x 12.4x 8.39x 15.6x 10.9x 9.53x
FCF Yield 6.72% 15.7% 14.9% 8.08% 11.9% 6.39% 9.14% 10.5%
Dividend per Share 2 - 0.35 0.7 0.9 - 0.9667 1.184 1.242
Rate of return - 2.15% 3.57% 4.89% - 3.07% 3.76% 3.94%
EPS 2 0.51 1.76 2.01 2.454 2.73 3.279 3.667 3.92
Distribution rate - 19.9% 34.8% 36.7% - 29.5% 32.3% 31.7%
Net sales 1 741.2 1,310 1,419 1,635 1,717 1,876 1,938 2,005
EBITDA 1 120.3 168.6 258.7 292.6 316 319.7 323.9 335.3
EBIT 1 72.6 112 146.4 151.6 176.2 200.6 219.2 226.1
Net income 1 15.2 52.7 59.95 73.44 81.74 97.46 108.7 120.5
Net Debt 1 458.4 492.2 500.5 516.6 471.3 457.3 404 346.6
Reference price 2 17.40 16.26 19.62 18.40 29.85 31.50 31.50 31.50
Nbr of stocks (in thousands) 29,171 28,870 29,331 29,358 29,332 29,448 - -
Announcement Date 3/9/22 A 3/9/23 A 3/6/24 A 3/5/25 A 3/6/26 A - - -
1EUR in Million2EUR
Estimates

P/E, Detailed evolution

P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
9.61x0.74x4.33x3.07% 1.07B
25.41x3.23x10.35x2.6% 14.96B
18.18x - - - 858M
34.25x - - - 719M
18.19x1.93x6.96x2.97% 687M
15.99x2.1x7.7x1.37% 624M
Average 20.27x 2.00x 7.34x 2.5% 3.15B
Weighted average by Cap. 23.96x 2.98x 9.75x 2.6%

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