Company Valuation: Raisio plc

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 535.4 399.2 317.4 343 415.3 361 - -
Change - -25.44% -20.49% 8.08% 21.07% -13.07% - -
Enterprise Value (EV) 1 475.4 399.2 260.9 272.9 339.2 277.3 270.3 264.3
Change - -16.02% -34.65% 4.62% 24.28% -18.26% -2.51% -2.22%
P/E 25.9x 83x 18x 19.6x 17.6x 15.7x 13.8x 13x
PBR 1.9x - 1.2x 1.32x 1.63x 1.39x 1.38x 1.37x
PEG - -1.1x 0x - 0.5x -4.71x 1x 2.15x
Capitalization / Revenue 2.17x 1.81x 1.45x 1.51x 1.85x 1.58x 1.52x 1.46x
EV / Revenue 1.93x 1.81x 1.19x 1.2x 1.51x 1.21x 1.14x 1.07x
EV / EBITDA 15.6x 14.1x 7.95x 8.2x 8.97x 6.73x 6.1x 5.76x
EV / EBIT 21.5x 21.7x 11.5x 11.7x 11.9x 9.66x 8.61x 7.83x
EV / FCF 19.2x - 8.84x 8.48x 16x 11.1x 9.56x 8.93x
FCF Yield 5.22% - 11.3% 11.8% 6.25% 9.02% 10.5% 11.2%
Dividend per Share 2 0.1 - 0.11 0.11 0.15 0.1533 0.1633 0.175
Rate of return 2.97% - 5.57% 5.1% 5.69% 6.74% 7.18% 7.69%
EPS 2 0.13 0.03 0.11 0.11 0.15 0.145 0.165 0.175
Distribution rate 76.9% - 100% 100% 100% 106% 99% 100%
Net sales 1 246.4 220.8 219.5 226.8 224.2 229.1 237.5 247.5
EBITDA 1 30.5 28.3 32.8 33.3 37.8 41.2 44.3 45.9
EBIT 1 22.1 18.4 22.7 23.4 28.5 28.7 31.4 33.75
Net income 1 20.9 4.8 17.2 16.9 23.2 22.95 26.25 27.55
Net Debt 1 -60 - -56.5 -70.1 -76.1 -83.75 -90.7 -96.7
Reference price 2 3.370 2.490 1.976 2.155 2.635 2.275 2.275 2.275
Nbr of stocks (in thousands) 158,493 158,713 157,968 157,990 158,006 158,228 - -
Announcement Date 2/9/22 A 2/8/23 A 2/13/24 A 2/13/25 A 2/11/26 A - - -
1EUR in Million2EUR
Estimates

P/E, Detailed evolution



P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
19.98x2.74x13.68x4.13% 234B
17.99x2.35x14.02x3.56% 73.8B
15.61x1.66x9.42x4.01% 42.88B
14.7x0.53x9.46x2.63% 38.26B
19.08x2.93x11.9x3.66% 31.67B
34.99x3.03x17.65x1.06% 31.05B
25.03x5.24x16.72x3.35% 28.41B
-8.01x1.78x8.89x7.06% 26.94B
60.78x9.32x38.65x1.25% 26.39B
Average 22.24x 3.29x 15.60x 3.41% 59.31B
Weighted average by Cap. 20.67x 2.88x 14.36x 3.69%

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