Company Valuation: RTL Group S.A.

Data adjusted to current consolidation scope
Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 6,756 6,100 7,214 6,103 5,410 4,348 4,348 -
Change - -9.71% 18.26% -15.4% -11.36% -19.62% 0% -
Enterprise Value (EV) 1 7,599 5,864 6,557 5,923 5,701 3,955 4,643 4,691
Change - -22.83% 11.81% -9.67% -3.75% -30.62% 17.37% 1.05%
P/E ratio 8.96x 12.4x 5.54x 9.07x 11.6x 6.87x 10.3x 9.5x
PBR 2.07x 1.65x 1.59x 1.38x 1.27x 0.96x 1x 1.02x
PEG - -0.4x 0x -0.2x -0.4x 0.2x -0.3x 1.09x
Capitalization / Revenue 1.02x 1.01x 1.09x 0.84x 0.87x 0.68x 0.65x 0.62x
EV / Revenue 1.14x 0.97x 0.99x 0.82x 0.91x 0.61x 0.69x 0.67x
EV / EBITDA 5.41x 5.55x 5.04x 4.63x 6.36x 4.28x 4.75x 4.31x
EV / EBIT 6.55x 6.49x 3.44x 5.47x 7.29x 5.29x 5.74x 4.88x
EV / FCF 7.77x 7.2x 8.9x 22.6x 15.8x 9.33x 5.4x 8.73x
FCF Yield 12.9% 13.9% 11.2% 4.42% 6.31% 10.7% 18.5% 11.5%
Dividend per Share 2 4 2.5 5 4 2.75 4.546 3.518 2.533
Rate of return 9.1% 6.29% 10.7% 10.1% 7.87% 16.2% 12.5% 9.01%
EPS 2 4.91 3.2 8.41 4.35 3.02 4.09 2.72 2.957
Distribution rate 81.5% 78.1% 59.5% 92% 91.1% 111% 129% 85.7%
Net sales 1 6,651 6,017 6,637 7,224 6,234 6,434 6,707 7,022
EBITDA 1 1,405 1,057 1,300 1,279 896 923.7 976.8 1,088
EBIT 1 1,161 903 1,908 1,083 782 747.8 808.7 960.5
Net income 1 754 492 1,301 673 467 579.6 411.1 449.8
Net Debt 1 843 -236 -657 -180 291 -392.8 294.4 342.9
Reference price 2 43.98 39.74 46.62 39.44 34.96 28.10 28.10 28.10
Nbr of stocks (in thousands) 153,619 153,505 154,743 154,743 154,743 154,743 154,743 -
Announcement Date 3/12/20 3/12/21 3/17/22 3/16/23 3/14/24 - - -
1EUR in Million2EUR
Estimates

P/E ratio, Detailed evolution

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P/E ratio EV / Sales EV / EBITDA Yield Capi. ($)
6.87x0.61x4.28x+16.18%4.53B
-2.34x1.56x6.85x-.--%25.22B
11.13x1.51x7.31x+1.12%21.58B
7.01x2.03x5.55x+4.31%4.85B
16.87x1.05x7.15x+1.65%4.26B
13.55x4.22x7.43x+3.05%2.98B
5.01x1.72x5.72x - 2.93B
100.1x2.6x42.38x - 2.09B
8.12x0.9x3.31x+10.27%1.6B
11.24x - - +2.50%1.43B
Average 17.76x 1.80x 10.00x +4.89% 7.15B
Weighted average by Cap. 8.55x 1.62x 7.71x +2.33%
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Year-on-year evolution of the PER

evolution-chart RTL-GROUP-S-A

Historical PBR trend

evolution-chart RTL-GROUP-S-A

Evolution Enterprise Value / Sales

evolution-chart RTL-GROUP-S-A

Change in Enterprise Value/EBITDA

evolution-chart RTL-GROUP-S-A

Year-on-year evolution of the Yield

evolution-chart RTL-GROUP-S-A
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  4. Valuation RTL Group S.A.