Company Valuation: Worldline

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 13,747 10,293 4,434 2,404 443.6 592.6 - -
Change - -25.12% -56.92% -45.78% -81.55% 33.61% - -
Enterprise Value (EV) 1 16,872 12,495 6,245 4,014 2,380 1,835 1,938 1,847
Change - -25.94% -50.02% -35.72% -40.72% -22.88% 5.6% -4.67%
P/E -18.2x 34.8x -5.4x -8.07x -0.09x -3.92x -5.49x -9.28x
PBR 1.52x 1.1x 0.52x 0.29x 0.13x 0.16x 0.17x 0.18x
PEG - -0x 0x 0.1x -0x 0x 0.2x 0.2x
Capitalization / Revenue 3.73x 2.36x 0.96x 0.52x 0.11x 0.16x 0.16x 0.16x
EV / Revenue 4.57x 2.86x 1.35x 0.87x 0.59x 0.49x 0.52x 0.49x
EV / EBITDA 18.1x 11x 5.63x 3.75x 3.23x 2.8x 2.86x 2.6x
EV / EBIT 25.3x 14.5x 7.9x 5.84x 6.23x 5.4x 5.18x 4.55x
EV / FCF 41.4x 24x 17.6x 20x -91.5x -24.9x 55.3x 17.1x
FCF Yield 2.41% 4.16% 5.69% 5.01% -1.09% -4.01% 1.81% 5.84%
Dividend per Share 2 - - - - - - - -
Rate of return - - - - - - - -
EPS 2 -107.6 42 -116 -42 -734 -2.669 -1.907 -1.128
Distribution rate - - - - - - - -
Net sales 1 3,689 4,364 4,610 4,632 4,030 3,733 3,713 3,788
EBITDA 1 933 1,133 1,110 1,070 737 656.2 677.1 710.2
EBIT 1 668.1 864.1 790 687 382 339.9 374.5 406.3
Net income 1 -751 299 -817 -297 -5,138 -173.3 -76.61 -16.16
Net Debt 1 3,126 2,202 1,811 1,610 1,936 1,243 1,345 1,255
Reference price 2 1,960.40 1,461.20 626.80 339.12 62.48 10.47 10.47 10.47
Nbr of stocks (in thousands) 7,012 7,044 7,074 7,089 7,099 56,592 - -
Announcement Date 2/22/22 A 2/21/23 A 2/28/24 A 2/26/25 A 2/25/26 A - - -
1EUR in Million2EUR
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
52.72x18.24x33.82x-.--% 101B
13.85x2.87x6.39x1.94% 75.11B
22.27x6.14x11.8x-.--% 30.53B
35.52x3.78x12.06x-.--% 23.88B
34.63x17.41x28.56x2.46% 22.12B
75.69x6.04x25.81x-.--% 20.73B
7.31x - - 8.5% 17.87B
4.87x2.62x6.24x5.53% 16.73B
10.98x-1.2x-2.13x-.--% 14.32B
Average 28.65x 6.99x 15.32x 2.05% 35.85B
Weighted average by Cap. 32.90x 9.45x 19.02x 1.38%

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