Company Valuation: NETGEM

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027
Market Cap 1 47.99 26.94 33.41 31.88 28.46 27.43 -
Change - -43.86% 24.01% -4.58% -10.71% -3.62% -
Enterprise Value (EV) 1 43.99 23.64 28.81 25.87 24.41 19.33 15.33
Change - -46.26% 21.88% -10.21% -5.63% -20.8% -20.69%
P/E -33.3x - 50x 15.9x 17x 13.7x 10.3x
PBR 2.13x 1.15x 1.34x 1.33x 1.15x 1.11x 1.06x
PEG - - - 0x -1x 0.7x 0.3x
Capitalization / Revenue 1.7x 0.74x 0.94x 0.94x 0.9x 0.84x 0.8x
EV / Revenue 1.55x 0.65x 0.81x 0.77x 0.77x 0.59x 0.45x
EV / EBITDA 10.2x 3.46x 3.69x 3.07x 4.14x 3.12x 2.26x
EV / EBIT -10x -11.1x 72x 12.4x 12.8x 7.44x 4.38x
EV / FCF -299x 30.2x 7.11x 7.99x 13.6x 4.96x 2.69x
FCF Yield -0.33% 3.32% 14.1% 12.5% 7.36% 20.2% 37.2%
Dividend per Share 2 0.03 0.05 0.05 0.05 0.05 0.05 0.05
Rate of return 1.8% 5.42% 5% 5.25% 5.88% 6.1% 6.1%
EPS 2 -0.05 - 0.02 0.06 0.05 0.06 0.08
Distribution rate -60% - 250% 83.3% 100% 83.3% 62.5%
Net sales 1 28.3 36.3 35.6 33.77 31.7 32.7 34.3
EBITDA 1 4.3 6.825 7.8 8.424 5.9 6.2 6.8
EBIT 1 -4.4 -2.122 0.4 2.078 1.9 2.6 3.5
Net income 1 -1.3 0.108 0.5 1.953 1.534 2 2.7
Net Debt 1 -4 -3.303 -4.6 -6.01 -4.051 -8.1 -12.1
Reference price 2 1.6650 0.9220 1.0000 0.9520 0.8500 0.8200 0.8200
Nbr of stocks (in thousands) 28,821 29,221 33,412 33,488 33,488 33,457 -
Announcement Date 3/31/22 A 4/28/23 A 3/28/24 A 4/30/25 A 3/26/26 A - -
1EUR in Million2EUR
Estimates

P/E, Detailed evolution

P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
13.67x0.59x3.12x6.1% 31.24M
22.02x8.43x13.96x0.96% 2,835B
90.94x36.68x61.16x-.--% 295B
110.51x35.26x111.51x0.16% 114B
72.53x14.58x31.79x-.--% 89.98B
445.91x19.13x76.92x-.--% 87.87B
138.39x8.16x20.83x-.--% 71.51B
33.28x1.73x13.55x-.--% 61.25B
117.59x4.93x24.38x-.--% 43.01B
-31.93x4.18x20x-.--% 34.04B
Average 101.29x 13.37x 37.72x 0.72% 363.15B
Weighted average by Cap. 45.00x 11.78x 23.12x 0.76%

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