Company Valuation: Heidelberger Druckmaschinen AG

Data adjusted to current consolidation scope
Fiscal Period: March 2021 2022 2023 2024 2025 2026 2027 2028
Capitalization 1 349.4 727.4 519.2 316.5 337.2 431.5 - -
Change - 108.19% -28.62% -39.04% 6.54% 27.98% - -
Enterprise Value (EV) 1 416.4 716.4 468.2 239.5 246.2 321.8 283.6 247.9
Change - 72.05% -34.64% -48.84% 2.8% 30.71% -11.87% -12.58%
P/E ratio -8.2x 21.7x 5.69x 8x 55.4x 11.1x 9.63x 7x
PBR 3.2x 3.01x 1.01x 0.6x 0.62x 0.74x 0.67x 0.66x
PEG - -0x 0x -0.1x -0.7x 0x 0.6x 0.2x
Capitalization / Revenue 0.18x 0.33x 0.21x 0.13x 0.15x 0.19x 0.18x 0.18x
EV / Revenue 0.22x 0.33x 0.19x 0.1x 0.11x 0.14x 0.12x 0.1x
EV / EBITDA 2.85x 4.48x 2.24x 1.39x 1.52x 2.05x 1.61x 1.31x
EV / EBIT 6.03x 8.87x 3.57x 2.63x 4.04x 4.01x 2.84x 2.21x
EV / FCF -10.5x -170x -10.4x 4.28x 4.83x 16.6x 9.24x 5.13x
FCF Yield -9.54% -0.59% -9.61% 23.4% 20.7% 6.01% 10.8% 19.5%
Dividend per Share 2 - - - - - - - -
Rate of return - - - - - - - -
EPS 2 -0.14 0.11 0.3 0.13 0.02 0.13 0.1496 0.2058
Distribution rate - - - - - - - -
Net sales 1 1,913 2,183 2,435 2,395 2,280 2,312 2,342 2,411
EBITDA 1 146 160 209 172 162 156.8 176.6 188.6
EBIT 1 69 80.74 131 91 60.9 80.22 100 111.9
Net income 1 -42.89 33.06 91 39 5.4 38.8 45.72 62.82
Net Debt 1 67 -11 -51 -77 -91 -109.7 -148 -183.6
Reference price 2 1.148 2.390 1.706 1.040 1.108 1.441 1.441 1.441
Nbr of stocks (in thousands) 304,336 304,336 304,336 304,336 304,336 304,336 - -
Announcement Date 6/9/21 6/10/22 6/14/23 6/10/24 6/5/25 - - -
1EUR in Million2EUR
Estimates

P/E ratio, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
11.08x0.14x2.1x-.--% 516M
25.12x2.16x15.23x0.7% 20.71B
27.27x5.9x18.31x1.13% 15.82B
36.64x4.61x27.12x0.86% 13.27B
85.31x8.77x51.3x0.22% 11.03B
50.78x5.39x21.43x - 6.53B
12.3x1.01x7.28x6.11% 4.86B
12.08x0.6x5.48x2.48% 4.72B
8.52x1.4x5.78x4.13% 4.52B
34.8x2.17x18.36x0.98% 4.33B
Average 30.39x 3.22x 17.24x 1.84% 8.63B
Weighted average by Cap. 35.02x 4.11x 21.31x 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

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  4. Valuation Heidelberger Druckmaschinen AG