Company Valuation: WashTec AG

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 736 461.7 428.2 543.3 635.4 511.4 - -
Change - -37.27% -7.25% 26.87% 16.95% -19.52% - -
Enterprise Value (EV) 1 750.1 505.5 470.1 567.7 665 553.8 545.5 534.5
Change - -32.62% -6.99% 20.77% 17.12% -16.72% -1.5% -2.02%
P/E 23.7x 17.5x 15.3x 17.5x 20.8x 14.1x 12x 11x
PBR 7.48x 5.24x 4.99x 6.14x 7.77x 5.99x 5.65x 5.31x
PEG - -1.2x 2.51x 1.6x -16.09x 0.7x 0.7x 1.18x
Capitalization / Revenue 1.71x 0.96x 0.87x 1.14x 1.27x 0.97x 0.93x 0.89x
EV / Revenue 1.74x 1.05x 0.96x 1.19x 1.33x 1.05x 0.99x 0.93x
EV / EBITDA 12.5x 9.59x 8.31x 9.45x 10.2x 7.91x 6.98x 6.41x
EV / EBIT 16.4x 13.3x 11.2x 12.5x 13.6x 10.3x 8.6x 7.76x
EV / FCF 18.1x 33.2x 9.98x 14.4x 16.1x 14.8x 12.4x 10.8x
FCF Yield 5.52% 3.01% 10% 6.95% 6.22% 6.74% 8.08% 9.24%
Dividend per Share 2 2.1 2.1 2.2 2.4 2.5 2.567 2.74 2.88
Rate of return 3.82% 6.09% 6.88% 5.91% 5.25% 6.67% 7.12% 7.48%
EPS 2 2.32 1.97 2.09 2.32 2.29 2.723 3.21 3.51
Distribution rate 90.5% 107% 105% 103% 109% 94.2% 85.4% 82.1%
Net sales 1 430.5 482.2 489.5 476.9 498.6 526.8 551.8 575.5
EBITDA 1 60.2 52.7 56.58 60.1 65.05 70 78.2 83.4
EBIT 1 45.69 38.01 41.89 45.5 48.92 53.97 63.4 68.9
Net income 1 31.08 26.36 27.97 31.03 30.69 36.27 43.13 46.93
Net Debt 1 14.09 43.76 41.89 24.42 29.54 42.4 34.1 23.1
Reference price 2 55.00 34.50 32.00 40.60 47.60 38.50 38.50 38.50
Nbr of stocks (in thousands) 13,382 13,382 13,382 13,382 13,349 13,282 - -
Announcement Date 3/31/22 A 3/30/23 A 3/27/24 A 3/26/25 A 3/25/26 A - - -
1EUR in Million2EUR
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
14.14x1.05x7.91x6.67% 594M
30.41x5.2x18.93x0.86% 120B
25.93x4.74x16.62x2.32% 34.85B
20.34x1.74x12.52x2.31% 29.59B
28.78x3.86x14.57x0.12% 28.3B
19.53x3.34x10.67x1.56% 27.9B
20.88x3.03x13.07x1.12% 25.46B
23.3x2.85x12.28x1.62% 24.97B
93.86x35.38x77.15x0.4% 24.45B
25.52x3.21x15.69x1.77% 23.38B
Average 30.27x 6.44x 19.94x 1.87% 33.93B
Weighted average by Cap. 31.01x 6.28x 20.11x 1.25%

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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  4. Valuation WashTec AG
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