Company Valuation: Telematic Interactive Bulgaria AD

Data adjusted to current consolidation scope
Fiscal Period: December 2022 2023 2024 2025
Market Cap 1 205.4 189.2 293.8 252.6
Change - -7.89% 55.28% -14.02%
Enterprise Value (EV) 1 155.7 134.1 258.9 228.4
Change - -13.9% 93.14% -11.79%
P/E 5.97x 9.02x 15.8x 19.9x
PBR 3.82x 3.32x 5.98x 5.69x
PEG 0.1x -0.2x -1.4x -0.6x
Capitalization / Revenue 2.01x 1.6x 2.2x 1.82x
EV / Revenue 1.52x 1.13x 1.94x 1.65x
EV / EBITDA 5.85x 5.5x 11.8x 12.5x
EV / EBIT 6.13x 5.81x 12.7x 14.7x
EV / FCF - - - -
FCF Yield - - - -
Dividend per Share 2 - 1.57 - -
Rate of return - 10.8% - -
EPS 2 2.655 1.617 1.435 0.9895
Distribution rate - 97.1% - -
Net sales 1 102.2 118.4 133.8 138.6
EBITDA 1 26.62 24.36 21.89 18.3
EBIT 1 25.42 23.06 20.32 15.52
Net income 1 22.8 20.95 18.58 12.7
Net Debt 1 -49.71 -55.15 -34.88 -24.22
Reference price 2 15.85 14.58 22.60 19.70
Nbr of stocks (in thousands) 12,960 12,960 12,954 12,801
Announcement Date 2/27/23 A 4/29/24 A 4/29/25 A 4/30/26 A
1BGN in Million2BGN
Estimates

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
- - - - 171M
24.4x6.28x14.74x1.61% 26.04B
47.93x1.62x10.48x-.--% 19.2B
11.96x1.98x6.96x5.22% 17.12B
11.33x2.26x7.84x7.71% 13.63B
97.35x1.99x17.55x-.--% 13.04B
11.65x5.19x7.94x4.43% 13.66B
34.67x3.84x19.09x2.95% 8.49B
17.42x3.34x8.37x2.22% 6.83B
Average 32.09x 3.31x 11.62x 3.02% 13.13B
Weighted average by Cap. 31.84x 3.49x 11.59x 2.86%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

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  4. Valuation Telematic Interactive Bulgaria AD