Company Valuation: NETGEM

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027
Market Cap 1 47.99 26.94 33.41 31.88 28.46 29.31 -
Change - -43.86% 24.01% -4.58% -10.71% 2.96% -
Enterprise Value (EV) 1 43.99 23.64 28.81 25.87 24.41 21.21 17.21
Change - -46.26% 21.88% -10.21% -5.63% -13.13% -18.86%
P/E -33.3x - 50x 15.9x 17x 14.6x 11x
PBR 2.13x 1.15x 1.34x 1.33x 1.15x 1.18x 1.14x
PEG - - - 0x -1x 0.7x 0.3x
Capitalization / Revenue 1.7x 0.74x 0.94x 0.94x 0.9x 0.9x 0.85x
EV / Revenue 1.55x 0.65x 0.81x 0.77x 0.77x 0.65x 0.5x
EV / EBITDA 10.2x 3.46x 3.69x 3.07x 4.14x 3.42x 2.53x
EV / EBIT -10x -11.1x 72x 12.4x 12.8x 8.16x 4.92x
EV / FCF -299x 30.2x 7.11x 7.99x 13.6x 5.44x 3.02x
FCF Yield -0.33% 3.32% 14.1% 12.5% 7.36% 18.4% 33.1%
Dividend per Share 2 0.03 0.05 0.05 0.05 0.05 0.05 0.05
Rate of return 1.8% 5.42% 5% 5.25% 5.88% 5.71% 5.71%
EPS 2 -0.05 - 0.02 0.06 0.05 0.06 0.08
Distribution rate -60% - 250% 83.3% 100% 83.3% 62.5%
Net sales 1 28.3 36.3 35.6 33.77 31.7 32.7 34.3
EBITDA 1 4.3 6.825 7.8 8.424 5.9 6.2 6.8
EBIT 1 -4.4 -2.122 0.4 2.078 1.9 2.6 3.5
Net income 1 -1.3 0.108 0.5 1.953 1.534 2 2.7
Net Debt 1 -4 -3.303 -4.6 -6.01 -4.051 -8.1 -12.1
Reference price 2 1.6650 0.9220 1.0000 0.9520 0.8500 0.8760 0.8760
Nbr of stocks (in thousands) 28,821 29,221 33,412 33,488 33,488 33,457 -
Announcement Date 3/31/22 4/28/23 3/28/24 4/30/25 3/26/26 - -
1EUR in Million2EUR
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
14.6x0.65x3.42x5.71% 33.52M
22.81x8.76x14.56x0.93% 2,939B
99.16x40.06x66.98x-.--% 321B
121.56x38.8x122.74x0.14% 125B
82.56x16.6x36.06x-.--% 102B
477.7x20.57x82.71x-.--% 94.14B
157.63x9.19x23.44x-.--% 81.43B
37.06x1.96x15.36x-.--% 68.21B
124.21x5.19x25.68x-.--% 45.27B
-38.39x5.07x24.27x-.--% 40.86B
Average 109.89x 14.69x 41.52x 0.68% 381.7B
Weighted average by Cap. 48.96x 12.68x 25.21x 0.72%

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