Company Valuation: Lottomatica Group S.p.A.

Data adjusted to current consolidation scope
Fiscal Period: December 2023 2024 2025 2026 2027 2028
Market Cap 1 2,463 3,231 5,637 6,069 - -
Change - 31.15% 74.45% 7.67% - -
Enterprise Value (EV) 1 3,712 5,216 7,829 8,209 8,235 7,915
Change - 40.5% 50.1% 4.86% 0.31% -3.88%
P/E 33.8x 32.9x 32x 17.7x 13.9x 12.1x
PBR 4.94x 6.24x 16.4x 14.4x 7.8x 8.11x
PEG - 1x 0.4x 0x 0.5x 0.8x
Capitalization / Revenue 1.49x 1.61x 2.51x 2.5x 2.34x 2.21x
EV / Revenue 2.25x 2.6x 3.48x 3.38x 3.17x 2.88x
EV / EBITDA 6.4x 7.38x 9.14x 8.46x 7.74x 6.87x
EV / EBIT 9.61x 9.74x 13.2x 10.9x 9.74x 8.5x
EV / FCF 13.1x 15.2x 19.3x 17.1x 15x 13.3x
FCF Yield 7.66% 6.57% 5.19% 5.85% 6.66% 7.49%
Dividend per Share 2 0.26 0.3 0.44 0.5648 0.6757 0.7685
Rate of return 2.66% 2.34% 1.96% 2.19% 2.62% 2.98%
EPS 2 0.29 0.39 0.7 1.457 1.849 2.133
Distribution rate 89.7% 76.9% 62.9% 38.8% 36.5% 36%
Net sales 1 1,651 2,005 2,247 2,430 2,594 2,751
EBITDA 1 580.4 706.9 856.2 970 1,064 1,152
EBIT 1 386.2 535.6 594.9 756.3 845.5 931.1
Net income 1 68.3 98.6 174.3 352.4 431 492.3
Net Debt 1 1,249 1,985 2,192 2,141 2,166 1,846
Reference price 2 9.79 12.84 22.40 25.77 25.77 25.77
Nbr of stocks (in thousands) 251,630 251,630 251,630 235,496 - -
Announcement Date 2/29/24 3/3/25 3/3/26 - - -
1EUR in Million2EUR
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
17.68x3.38x8.46x2.19% 6.94B
24.14x6.21x14.57x1.63% 25.79B
47.88x1.62x10.47x-.--% 19.18B
12.39x2.05x7.21x5.07% 17.57B
11.46x2.28x7.93x7.64% 13.77B
11.71x5.22x7.98x4.41% 13.73B
100.04x2.01x17.76x-.--% 13.14B
34.55x3.82x19.03x2.96% 8.48B
17.11x2.7x10.12x2.18% 7.57B
Average 30.77x 3.25x 11.50x 2.9% 14.02B
Weighted average by Cap. 31.20x 3.43x 11.51x 2.8%

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 Lottomatica Group S.p.A.