Company Valuation: Vipo,

Data adjusted to current consolidation scope
Fiscal Period: December 2019 2020 2021 2022 2023 2024
Market Cap 1 5.727 4.358 4.666 4.044 2.49 2.49
Change - -23.91% 7.09% -13.33% -38.43% 0%
Enterprise Value (EV) 1 6.203 -1.029 2.787 3.431 3.612 3.348
Change - -116.58% 370.91% 23.12% 5.26% -7.31%
P/E 14.8x 14.8x - 14.5x 15.2x 9.83x
PBR 0.97x 0.71x - 0.62x 0.38x 0.37x
PEG - -0.6x - - -0.4x 0.2x
Capitalization / Revenue 0.51x 0.42x 0.37x 0.31x 0.22x 0.19x
EV / Revenue 0.55x -0.1x 0.22x 0.26x 0.32x 0.26x
EV / EBITDA 7.62x -3.54x 6.36x 5.75x 5.47x 4.31x
EV / EBIT 12.1x -80.2x 15.7x 8.59x 7.47x 5.89x
EV / FCF 12.4x -0.18x -0.7x -2.59x -3.17x 9.57x
FCF Yield 8.06% -545% -143% -38.6% -31.5% 10.4%
Dividend per Share 2 - 0.5 - - - -
Rate of return - 0.71% - - - -
EPS 2 6.216 4.72 - 4.48 2.63 4.07
Distribution rate - 10.6% - - - -
Net sales 1 11.3 10.35 12.77 13.13 11.34 13.12
EBITDA 1 0.8142 0.2908 0.4384 0.597 0.6599 0.7769
EBIT 1 0.5131 0.0128 0.1779 0.3995 0.4834 0.5684
Net income 1 0.387 0.3056 0.2966 0.2906 0.1706 0.2637
Net Debt 1 0.4764 -5.386 -1.88 -0.6133 1.122 0.8577
Reference price 2 92.00 70.00 75.00 65.00 40.00 40.00
Nbr of stocks (in thousands) 62.3 62.3 62.2 62.2 62.3 62.3
Announcement Date 2/29/20 3/1/21 5/22/23 5/22/23 5/28/24 4/28/25
1EUR in Million2EUR
Estimates

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
- - - - 4.84M
35.38x6.07x22.6x0.76% 121B
34.89x6.54x22.43x1.73% 43.04B
33.36x4.3x15.88x0.11% 31.54B
21.17x1.75x12.91x2.3% 30B
23.63x3.45x14.88x1% 28.78B
29.98x4.99x17.84x1.33% 29.67B
25.92x3.11x13.54x1.45% 28.08B
113.27x7.7x40.51x - 27.71B
27.36x3.53x16.82x1.66% 25.23B
Average 38.33x 4.60x 19.71x 1.29% 36.55B
Weighted average by Cap. 37.24x 5.04x 20.47x 1.16%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA