Company Valuation: NEURONES

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 920.3 950.8 1,062 1,067 1,047 835.3 - -
Change - 3.32% 11.69% 0.47% -1.89% -20.19% - -
Enterprise Value (EV) 1 655.7 679 771.5 747.4 710.1 503.9 471.6 434.4
Change - 3.56% 13.62% -3.13% -4.99% -29.04% -6.41% -7.89%
P/E 24.5x 21.6x 21.6x 20.3x 20.1x 15x 13.6x 12.4x
PBR 2.95x 2.87x 3x 2.82x 2.62x 2.02x 1.9x 1.78x
PEG - 1.2x 1.9x 3.17x -21.71x 1.71x 1.3x 1.24x
Capitalization / Revenue 1.59x 1.43x 1.43x 1.32x 1.22x 0.92x 0.88x 0.84x
EV / Revenue 1.13x 1.02x 1.04x 0.92x 0.83x 0.56x 0.5x 0.44x
EV / EBITDA 8.6x 7.59x 8.33x 7.82x 7.46x 4.96x 4.25x 3.6x
EV / EBIT 10.6x 9.31x 10.2x 9.59x 9.39x 6.19x 5.23x 4.38x
EV / FCF - - - - - - - -
FCF Yield - - - - - - - -
Dividend per Share 2 1 1 1.2 1.3 1.4 1.5 1.6 1.7
Rate of return 2.63% 2.55% 2.74% 2.96% 3.25% 4.29% 4.57% 4.86%
EPS 2 1.55 1.82 2.03 2.16 2.14 2.328 2.576 2.833
Distribution rate 64.5% 54.9% 59.1% 60.2% 65.4% 64.4% 62.1% 60%
Net sales 1 579.9 665.4 741.2 810.4 857.2 904.3 949.6 992.3
EBITDA 1 76.28 89.44 92.61 95.58 95.14 101.6 111.1 120.7
EBIT 1 61.6 72.9 75.9 77.9 75.6 81.39 90.21 99.23
Net income 1 37.7 44.3 49.4 52.5 52.1 56.76 62.8 69.06
Net Debt 1 -264.6 -271.8 -290.4 -319.5 -336.6 -331.5 -363.8 -401
Reference price 2 38.00 39.25 43.75 43.95 43.05 35.00 35.00 35.00
Nbr of stocks (in thousands) 24,218 24,224 24,272 24,274 24,313 23,867 - -
Announcement Date 2/9/22 2/8/23 3/6/24 3/5/25 3/11/26 - - -
1EUR in Million2EUR
Estimates

P/E, Detailed evolution

P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
15.03x0.56x4.96x4.29% 951M
21.16x3.48x12.12x3.16% 202B
-93.89x14.84x85.94x-.--% 92.91B
10.88x1.2x6.29x4.42% 89.95B
14.62x2.66x10.06x5.62% 84.7B
20.17x5.27x12.97x2.84% 59.85B
13.61x1.98x8.38x5.73% 43.77B
17.31x2.21x10.6x5.02% 35.71B
18.74x1.51x9.48x1.58% 34.75B
19.59x1.45x9.18x1.01% 34.43B
Average 5.72x 3.52x 17.00x 3.37% 67.88B
Weighted average by Cap. 2.25x 4.42x 20.65x 3.25%

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