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 2,404 443.6 708.9 - -
Change - -25.12% -56.92% -45.78% -81.55% 59.82% - -
Enterprise Value (EV) 1 16,872 12,495 6,245 4,014 2,380 1,951 2,054 1,964
Change - -25.94% -50.02% -35.72% -40.72% -17.99% 5.27% -4.41%
P/E -18.2x 34.8x -5.4x -8.07x -0.09x -4.69x -4.87x -6.61x
PBR 1.52x 1.1x 0.52x 0.29x 0.13x 0.22x 0.21x 0.22x
PEG - -0x 0x 0.1x -0x 0x 1.31x 0.3x
Capitalization / Revenue 3.73x 2.36x 0.96x 0.52x 0.11x 0.19x 0.19x 0.19x
EV / Revenue 4.57x 2.86x 1.35x 0.87x 0.59x 0.52x 0.55x 0.52x
EV / EBITDA 18.1x 11x 5.63x 3.75x 3.23x 2.97x 3.03x 2.76x
EV / EBIT 25.3x 14.5x 7.9x 5.84x 6.23x 5.81x 5.49x 4.83x
EV / FCF 41.4x 24x 17.6x 20x -91.5x -26.5x 58.6x 18.2x
FCF Yield 2.41% 4.16% 5.69% 5.01% -1.09% -3.77% 1.71% 5.49%
Dividend per Share 2 - - - - - - - -
Rate of return - - - - - - - -
EPS 2 -107.6 42 -116 -42 -734 -2.669 -2.57 -1.896
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 1 668.1 864.1 790 687 382 335.8 374.5 406.3
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 12.53 12.53 12.53
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.($)
57.38x19.56x36.39x-.--% 108B
14.94x3.12x6.95x1.8% 81.02B
22.79x6.36x12.23x-.--% 31.82B
35.86x3.8x12.15x-.--% 24.03B
86.52x6.89x29.36x-.--% 23.3B
36.41x18.38x30.15x2.34% 23.27B
7.44x - - 8.49% 18.53B
5.35x2.75x6.54x5.04% 18.37B
11.77x-0.78x-1.37x-.--% 15.7B
Average 30.94x 7.51x 16.55x 1.96% 38.2B
Weighted average by Cap. 35.67x 10.09x 20.44x 1.31%

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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