Company Valuation: Prologue

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 30.57 20.24 18.57 18.32 23.18 26.57 - -
Change - -33.8% -8.27% -1.35% 26.58% 14.62% - -
Enterprise Value (EV) 1 43.04 27.54 21.73 17.73 10.39 10.89 8.114 5.204
Change - -36.02% -21.09% -18.41% -41.42% 4.89% -25.52% -35.87%
P/E -12.3x 15.9x -2.04x 7.14x 2.81x 9.67x 9.67x 9.67x
PBR - - - - - - - -
PEG - -0x 0x -0x 0x -0.1x - -
Capitalization / Revenue 0.32x 0.19x 0.17x 0.16x 0.36x 0.54x 0.52x 0.51x
EV / Revenue 0.46x 0.25x 0.19x 0.16x 0.16x 0.22x 0.16x 0.1x
EV / EBITDA 4.95x 7.21x 3.17x 2.59x 51.9x 2.47x 1.76x 1.1x
EV / EBIT -44x 14.6x -13.6x 3.77x -4.25x 2.98x 2.12x 1.34x
EV / FCF 7.95x -29.5x 5.73x 5.32x -0.83x 3.72x 2.87x 1.76x
FCF Yield 12.6% -3.4% 17.5% 18.8% -121% 26.9% 34.9% 56.9%
Dividend per Share 2 - - - - - - - -
Rate of return - - - - - - - -
EPS 2 -0.028 0.014 -0.11 0.028 0.09 0.03 0.03 0.03
Distribution rate - - - - - - - -
Net sales 1 94.28 108.4 111.7 111.3 65 49.56 50.86 52.06
EBITDA 1 8.69 3.817 6.86 6.843 0.2 4.41 4.61 4.72
EBIT 1 -0.979 1.886 -1.598 4.697 -2.441 3.66 3.82 3.89
Net income 1 -2.637 0.621 -10.2 1.977 9.825 2.88 3.05 3.14
Net Debt 1 12.47 7.3 3.166 -0.585 -12.8 -15.68 -18.46 -21.37
Reference price 2 0.3450 0.2220 0.2240 0.2000 0.2530 0.2900 0.2900 0.2900
Nbr of stocks (in thousands) 88,622 91,167 82,884 91,578 91,634 91,634 - -
Announcement Date 4/30/22 A 4/30/23 A 4/30/24 A 5/13/25 A 4/29/26 A - - -
1EUR in Million2EUR
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
25.41x9.39x15.34x0.79% 3,717B
125.55x54.82x88.98x-.--% 461B
449.29x19.2x75.87x-.--% 90.3B
64.32x13.58x28.62x-.--% 85.12B
103.99x8.84x22.4x-.--% 79.16B
34.84x1.69x13.53x-.--% 63.26B
197.16x6.29x24.33x-.--% 49.38B
33.83x7.07x33.94x-.--% 44.64B
111.98x4.42x21.49x-.--% 38.58B
Average 127.37x 13.92x 36.05x 0.09% 514.28B
Weighted average by Cap. 48.48x 13.97x 24.52x 0.64%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA