Company Valuation: Fluidra, S.A.

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 6,682 2,756 3,579 4,465 4,398 3,407 - -
Change - -58.75% 29.84% 24.77% -1.5% -22.54% - -
Enterprise Value (EV) 1 7,749 4,141 4,794 5,623 5,484 4,417 4,282 4,134
Change - -46.56% 15.76% 17.29% -2.46% -19.46% -3.06% -3.46%
P/E 26.6x 17.1x 31.4x 32.3x 25.3x 18.2x 14x 11.9x
PBR 4.16x 1.62x 2.28x 2.71x 2.76x 2.09x 1.95x 1.81x
PEG - -0.5x -1.1x 1.5x 1x 2.36x 0.5x 0.7x
Capitalization / Revenue 3.06x 1.15x 1.75x 2.12x 2.01x 1.5x 1.42x 1.35x
EV / Revenue 3.54x 1.73x 2.34x 2.68x 2.51x 1.95x 1.79x 1.64x
EV / EBITDA 14.1x 8.09x 10.8x 12.6x 10.9x 8.31x 7.39x 6.61x
EV / EBIT 18.3x 13.6x 20.3x 21.6x 16.4x 12.7x 10.5x 9.04x
EV / FCF 28.3x 98.8x 13.1x 23.7x 20.2x 19.7x 15x 12.7x
FCF Yield 3.53% 1.01% 7.61% 4.22% 4.95% 5.08% 6.66% 7.88%
Dividend per Share 2 0.4 0.85 0.7 0.55 0.65 0.6852 0.7671 0.8628
Rate of return 1.14% 5.85% 3.71% 2.34% 2.81% 3.82% 4.28% 4.81%
EPS 2 1.324 0.8481 0.6002 0.7273 0.9167 0.9873 1.282 1.507
Distribution rate 30.2% 100% 117% 75.6% 70.9% 69.4% 59.9% 57.3%
Net sales 1 2,187 2,389 2,051 2,102 2,184 2,267 2,391 2,515
EBITDA 1 549 512 445 447.4 501 531.7 579.2 625.6
EBIT 1 424.3 304.3 236.1 259.7 334 347 408.4 457.5
Net income 1 252 159.9 113.8 138.1 176 189.8 247.8 290.7
Net Debt 1 1,067 1,385 1,215 1,158 1,087 1,011 875.2 726.8
Reference price 2 35.20 14.52 18.85 23.52 23.16 17.94 17.94 17.94
Nbr of stocks (in thousands) 189,828 189,816 189,848 189,840 189,892 189,893 - -
Announcement Date 2/28/22 2/27/23 2/29/24 2/27/25 2/26/26 - - -
1EUR in Million2EUR
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
18.17x1.95x8.31x3.82% 3.88B
20.75x2.11x12.17x1.13% 4.85B
21.65x2.25x10.81x3.09% 3.01B
24.29x1.11x8.89x-.--% 2.58B
15.5x0.85x3.99x-.--% 2.16B
15.96x1.07x9.65x1.58% 2.02B
15.05x1.04x8.62x1.15% 1.32B
9.83x0.81x6.6x - 1.22B
46.05x12.2x30.07x1.6% 1.02B
31.55x - - 2.93% 762M
Average 21.88x 2.60x 11.01x 1.7% 2.28B
Weighted average by Cap. 20.49x 2.10x 10.20x 1.77%

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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