Company Valuation: Telnet Holding SA

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027
Market Cap 1 102.3 93.16 93.41 72.78 82.97 128.2 -
Change - -8.9% 0.26% -22.08% 14% 54.53% -
Enterprise Value (EV) 1 83.45 75.57 76.2 53.67 82.97 108.3 128.2
Change - -9.44% 0.83% -29.56% 54.6% 30.55% 18.37%
P/E Ratio 11.3x 11.6x -23.6x 7.63x 9.85x 14.5x 12.4x
PBR - - - - - - -
PEG - -1x 0x -0x -0.8x 2.85x 0.8x
Capitalization / Revenue 2.12x 1.68x 1.53x 1.06x 1.03x 1.51x 1.41x
EV / Revenue 1.73x 1.37x 1.25x 0.78x 1.03x 1.28x 1.41x
EV / EBITDA 6.58x 7x 7.18x 3.89x 6.88x 8.81x -
EV / EBIT 7.43x 7.96x -30.1x 5.01x 8.29x 11x -
EV / FCF 14.8x 16.2x 11.6x 12.3x - 12.5x -
FCF Yield 6.76% 6.16% 8.61% 8.14% - 7.99% -
Dividend per Share 2 0.5 0.55 0.25 - - 0.65 0.7
Rate of return 5.93% 7.16% 3.25% - - 6.15% 6.62%
EPS 2 0.7472 0.6637 -0.3257 0.7864 0.6947 0.73 0.85
Distribution rate 66.9% 82.9% -76.8% - - 89% 82.4%
Net sales 1 48.28 55.34 61.03 68.91 80.53 84.8 90.9
EBITDA 1 12.68 10.79 10.61 13.8 12.06 12.3 -
EBIT 1 11.23 9.489 -2.535 10.72 10.01 9.83 -
Net income 1 9.064 8.052 -3.952 9.54 8.427 8.85 10.3
Net Debt 1 -18.81 -17.6 -17.21 -19.11 - -19.9 -
Reference price 2 8.43 7.68 7.70 6.00 6.84 10.57 10.57
Nbr of stocks (in thousands) 12,131 12,131 12,131 12,131 12,131 12,131 -
Announcement Date 5/10/22 A 5/4/23 A 6/19/24 A 5/16/25 A 6/8/26 A - -
1TND in Million2TND
Estimates

P/E Ratio, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
14.52x1.28x8.84x6.13% 43.93M
26.78x4.28x14.95x2.46% 258B
12.45x1.32x6.96x3.88% 103B
-84.2x13.27x76.98x-.--% 83.32B
13.71x2.5x9.22x6.08% 80.7B
19.35x5.07x12.53x2.94% 57.88B
14.47x2.12x8.89x5.35% 47.11B
13.35x1.53x10.5x1.21% 36.4B
21.44x1.45x10.35x0.81% 33.06B
15.12x1.91x9.01x5.72% 31.37B
Average 6.70x 3.47x 16.82x 3.46% 73.1B
Weighted average by Cap. 7.88x 4.25x 19.00x 3.01%

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

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