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 3,731 - -
Change - -58.75% 29.84% 24.77% -1.5% -15.16% - -
Enterprise Value (EV) 1 7,749 4,141 4,794 5,623 5,484 4,760 4,625 4,478
Change - -46.56% 15.76% 17.29% -2.46% -13.22% -2.82% -3.19%
P/E 26.6x 17.1x 31.4x 32.3x 25.3x 20x 15.3x 13x
PBR 4.16x 1.62x 2.28x 2.71x 2.76x 2.31x 2.13x 1.98x
PEG - -0.5x -1.1x 1.5x 1x 2.81x 0.5x 0.7x
Capitalization / Revenue 3.06x 1.15x 1.75x 2.12x 2.01x 1.65x 1.56x 1.48x
EV / Revenue 3.54x 1.73x 2.34x 2.68x 2.51x 2.1x 1.93x 1.78x
EV / EBITDA 14.1x 8.09x 10.8x 12.6x 10.9x 8.94x 7.98x 7.16x
EV / EBIT 18.3x 13.6x 20.3x 21.6x 16.4x 13.7x 11.3x 9.79x
EV / FCF 28.3x 98.8x 13.1x 23.7x 20.2x 21.2x 15.6x 13.4x
FCF Yield 3.53% 1.01% 7.61% 4.22% 4.95% 4.72% 6.43% 7.49%
Dividend per Share 2 0.4 0.85 0.7 0.55 0.65 0.6858 0.7674 0.8632
Rate of return 1.14% 5.85% 3.71% 2.34% 2.81% 3.49% 3.91% 4.39%
EPS 2 1.324 0.8481 0.6002 0.7273 0.9167 0.9818 1.282 1.508
Distribution rate 30.2% 100% 117% 75.6% 70.9% 69.9% 59.8% 57.2%
Net sales 1 2,187 2,389 2,051 2,102 2,184 2,268 2,392 2,516
EBITDA 1 549 512 445 447.4 501 532.3 579.5 625.9
EBIT 1 424.3 304.3 236.1 259.7 334 347 408.4 457.5
Net income 1 252 159.9 113.8 138.1 176 190.1 248 290.9
Net Debt 1 1,067 1,385 1,215 1,158 1,087 1,028 894.1 746.7
Reference price 2 35.20 14.52 18.85 23.52 23.16 19.65 19.65 19.65
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.($)
20.06x2.1x8.96x3.48% 4.32B
22.02x2.25x13.05x1.03% 5.2B
22.29x2.32x11.3x3.07% 3.14B
28.41x1.3x10.36x-.--% 2.95B
17.29x0.93x4.42x-.--% 2.38B
17.35x1.11x10.86x1.53% 2.05B
17.74x1.22x9.93x0.99% 1.52B
10.72x0.86x7.07x - 1.31B
48.85x13.06x31.02x1.5% 1.14B
81.88x1.83x9.77x-.--% 921M
Average 28.66x 2.70x 11.67x 1.29% 2.49B
Weighted average by Cap. 24.22x 2.24x 10.99x 1.54%

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 Fluidra, S.A.