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Evrofarma SA
ATHEX:EVROF

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Evrofarma SA
ATHEX:EVROF
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Price: 3.73 EUR 3.61% Market Closed
Market Cap: €51m

EV/EBITDA

10.2
Current
55%
More Expensive
vs 3-y average of 6.6

Enterprise Value to EBITDA (EV/EBITDA) ratio compares a company`s total enterprise value to its earnings before interest, taxes, depreciation, and amortization. It shows how much investors are paying for each dollar of the company`s earnings, including both equity and debt.

EV/EBITDA
10.2
=
Enterprise Value
€58m
/
EBITDA
€5.9m

Enterprise Value to EBITDA (EV/EBITDA) ratio compares a company`s total enterprise value to its earnings before interest, taxes, depreciation, and amortization. It shows how much investors are paying for each dollar of the company`s earnings, including both equity and debt.

EV/EBITDA
10.2
=
Enterprise Value
€58m
/
EBITDA
€5.9m

Valuation Scenarios

Evrofarma SA is trading above its 3-year average

If EV/EBITDA returns to its 3-Year Average (6.6), the stock would be worth €2.4 (36% downside from current price).

Statistics
Positive Scenarios
1/4
Maximum Downside
-36%
Maximum Upside
+0%
Average Downside
17%
Scenario EV/EBITDA Value Implied Price Upside/Downside
Current Multiple 10.2 €3.73
0%
3-Year Average 6.6 €2.4
-36%
5-Year Average 7.7 €2.82
-24%
Industry Average 10.2 €3.74
+0%
Country Average 9.5 €3.49
-6%

Forward EV/EBITDA
Today’s price vs future ebitda

Not enough data available to calculate forward EV/EBITDA

Peer Comparison

All Multiples
EV/EBITDA
P/E
All Countries
Close
Market Cap EV/EBITDA P/E
GR
Evrofarma SA
ATHEX:EVROF
51m EUR 10.2 19
JP
Goyo Foods Industry Co Ltd
TSE:2230
53.2T JPY 186 542.5 540 752.8
CH
Nestle SA
SIX:NESN
197.5B CHF 13.3 21.6
US
Mondelez International Inc
NASDAQ:MDLZ
73.4B USD 17.9 29.3
FR
Danone SA
PAR:BN
42.5B EUR 9.6 23.4
ZA
Tiger Brands Ltd
JSE:TBS
49.9B ZAR 9.7 13.1
US
Hershey Co
NYSE:HSY
38.8B USD 21.1 43.4
CN
Muyuan Foods Co Ltd
SZSE:002714
247.6B CNY 15.9 16
CN
Foshan Haitian Flavouring and Food Co Ltd
SSE:603288
235.3B CNY 25.2 33.4
ZA
Avi Ltd
JSE:AVI
33.7B ZAR 8.9 13
CH
Chocoladefabriken Lindt & Spruengli AG
SIX:LISN
24.4B CHF 19.2 32.4

Market Distribution

In line with most companies in Greece
Percentile
56th
Based on 263 companies
56th percentile
10.2
Low
1.3 — 6.5
Typical Range
6.5 — 13.6
High
13.6 —
Distribution Statistics
Greece
Min 1.3
30th Percentile 6.5
Median 9.5
70th Percentile 13.6
Max 150.3

Evrofarma SA
Glance View

Market Cap
51m EUR
Industry
Food Products

Evrofarma SA engages in the production of milk and dairy products. The firm offers five ranges of products: Milk, including fresh whole, semi-skimmed and skimmed milk, highly pasteurized milk and chocolate flavored milk; the traditional Ariani Milk Drink, available also with added flavors; Yogurt, including traditional, cow-milk and strained yogurt; Milk Cream, as well as Cheese, such as goat, feta and organic feta cheese and anthotiro. The company also supplies the yellow cheeses of Doiranis brand, including traditional kasseri and semi-hard cheeses. The Company’s milk supplies come from various farmers and associates in Macedonia and Thrace. Its production facilities cover 10,000 square meters and it has four distribution centers in Northern Greece, as well as a fleet of privately owned trucks that distribute its products in more than 3,000 points of sale locations. Evrofarma SA has a wholly owned subsidiary, Campus SA, which deals mainly with milk production.

EVROF Intrinsic Value
2.49 EUR
Overvaluation 33%
Intrinsic Value
Price €3.73
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