Company Valuation: Sanok Rubber Company Spólka Akcyjna

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2023 2024 2025 2026 2027 2028
Market Cap 1 443.6 641.5 584.4 531.1 540.7 - -
Change - - -8.9% -9.12% 1.81% - -
Enterprise Value (EV) 1 581 711.1 909.6 733.6 809.2 781.7 751.2
Change - - 27.92% -19.35% 10.3% -3.4% -3.9%
P/E 14.9x 8.95x - - - - -
PBR 0.88x - - - 1.12x 1.06x 1.01x
PEG - - - - - - -
Capitalization / Revenue 0.38x 0.44x 0.4x 0.36x 0.35x 0.33x 0.32x
EV / Revenue 0.5x 0.49x 0.63x 0.5x 0.52x 0.48x 0.44x
EV / EBITDA 5.63x 4.7x 6.47x 4.95x 5.68x 4.89x 4.43x
EV / EBIT 14.6x 8.15x 13.9x 11.3x 13.7x 10.5x 9.27x
EV / FCF 16.2x 5.83x 52.5x - -33.7x 13.8x 11.6x
FCF Yield 6.17% 17.2% 1.91% - -2.97% 7.23% 8.59%
Dividend per Share 2 - 1.2 1.2 - 0.975 0.94 1.105
Rate of return - 4.88% 5.13% - 4.24% 4.09% 4.8%
EPS 2 1.11 2.75 - - - - -
Distribution rate - 43.6% - - - - -
Net sales 1 1,172 1,446 1,446 1,470 1,549 1,629 1,712
EBITDA 1 103.2 151.2 140.5 148.3 142.4 160 169.5
EBIT 1 39.85 87.23 65.4 64.99 59 74.5 81
Net income 30.45 74.04 - - - - -
Net Debt 1 137.5 69.63 325.2 202.6 268.5 241 210.5
Reference price 2 16.50 24.60 23.40 21.10 23.00 23.00 23.00
Nbr of stocks (in thousands) 26,882 26,075 24,974 25,170 23,508 - -
Announcement Date 3/25/22 3/22/24 3/20/25 3/20/26 - - -
1PLN in Million2PLN
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
- 0.52x5.68x - 145M
24.68x2.27x11.31x2.41% 2.79B
104.2x - - - 1.21B
-191x - - - 1.15B
Average -20.70x 1.40x 8.50x 2.41% 1.32B
Weighted average by Cap. -4.85x 2.18x 11.04x 2.41%

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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