Company Valuation: centrotherm international AG

Data adjusted to current consolidation scope
Fiscal Period: December 2019 2020 2021 2022 2023 2024
Capitalization 1 79.15 58.41 105.6 110 102 69.84
Change - -26.2% 80.8% 4.21% -7.31% -31.54%
Enterprise Value (EV) 1 91.16 46.91 86.96 63.39 69.47 -25.85
Change - -48.54% 85.37% -27.1% 9.59% -137.21%
P/E ratio -4.88x -5.9x 9.1x 9.16x 5.45x 2.69x
PBR 1.9x 1.83x 2.42x 1.99x 1.23x 0.64x
PEG - 0.2x -0x 2.6x 0.1x 0.1x
Capitalization / Revenue 0.79x 0.54x 0.6x 0.61x 0.67x 0.29x
EV / Revenue 0.91x 0.44x 0.49x 0.35x 0.46x -0.11x
EV / EBITDA -8.03x -5.82x 11.9x 4.39x 4.51x -0.65x
EV / EBIT -6.51x -4.32x 19.7x 5.76x 5.83x -0.75x
EV / FCF -7.7x 1.71x 85.5x 2.51x -3.68x -0.48x
FCF Yield -13% 58.6% 1.17% 39.8% -27.1% -210%
Dividend per Share 2 - - - - - -
Rate of return - - - - - -
EPS 2 -0.7663 -0.4675 0.5486 0.5679 0.8836 1.226
Distribution rate - - - - - -
Net sales 1 100.4 107.6 176.5 181.1 151.5 239.2
EBITDA 1 -11.35 -8.058 7.308 14.45 15.41 39.48
EBIT 1 -14.01 -10.85 4.419 11 11.91 34.29
Net income 1 -16.22 -9.893 11.61 12.02 18.7 25.96
Net Debt 1 12.01 -11.5 -18.64 -46.65 -32.53 -95.69
Reference price 2 3.740 2.760 4.990 5.200 4.820 3.300
Nbr of stocks (in thousands) 21,162 21,162 21,162 21,162 21,162 21,162
Announcement Date 4/28/20 5/25/21 4/28/22 4/20/23 4/30/24 4/30/25
1EUR in Million2EUR
Estimates

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
- - - - 134M
11.16x3.38x7.79x-.--% 17.75B
-61.27x1.17x17.58x0.02% 17.35B
-24.94x1.36x15.52x0.1% 12.28B
47.05x5.76x32.63x - 10.28B
19.63x2.52x11.1x-.--% 9.45B
-88.33x10.71x22.88x-.--% 7.89B
-24.01x0.84x8.95x0.13% 7.73B
51.15x7.01x27.19x - 5.55B
46.38x3.29x11.84x-.--% 5.37B
Average -2.57x 4.00x 17.28x 0.04% 9.38B
Weighted average by Cap. -9.09x 3.50x 16.43x 0.03%
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Year-on-year evolution of the PER

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

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