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Sonae - SGPS SA
ELI:SON

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Sonae - SGPS SA
ELI:SON
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Price: 1.93 EUR 0.31%
Market Cap: €3.9B

EV/FCFF

9.9
Current
14%
Cheaper
vs 3-y average of 11.5

Enterprise Value to Free Cash Flow to Firm (EV/FCFF) ratio compares a company`s total enterprise value to the free cash flow available to all investors, both debt and equity holders. It shows how much investors are paying for each dollar of cash flow the business generates before interest payments.

EV/FCFF
9.9
=
Enterprise Value
€6.8B
/
Free Cash Flow to Firm
€656.6m

Enterprise Value to Free Cash Flow to Firm (EV/FCFF) ratio compares a company`s total enterprise value to the free cash flow available to all investors, both debt and equity holders. It shows how much investors are paying for each dollar of cash flow the business generates before interest payments.

EV/FCFF
9.9
=
Enterprise Value
€6.8B
/
Free Cash Flow to Firm
€656.6m

Valuation Scenarios

Sonae - SGPS SA is trading below its 3-year average

If EV/FCFF returns to its 3-Year Average (11.5), the stock would be worth €2.25 (16% upside from current price).

Statistics
Positive Scenarios
4/4
Maximum Downside
No Downside Scenarios
Maximum Upside
+71%
Average Upside
33%
Scenario EV/FCFF Value Implied Price Upside/Downside
Current Multiple 9.9 €1.93
0%
3-Year Average 11.5 €2.25
+16%
5-Year Average 11.6 €2.26
+17%
Industry Average 12.6 €2.46
+27%
Country Average 17 €3.31
+71%

Forward EV/FCFF
Today’s price vs future free cash flow to firm

Not enough data available to calculate forward EV/FCFF

Peer Comparison

All Multiples
EV/FCFF
P/E
All Countries
Close
Market Cap EV/FCFF P/E
PT
Sonae - SGPS SA
ELI:SON
3.7B EUR 9.9 18.5
ZA
Shoprite Holdings Ltd
JSE:SHP
151.4B ZAR 14.9 20
CA
Loblaw Companies Ltd
TSX:L
72.4B CAD 20.5 27.2
CA
Alimentation Couche-Tard Inc
TSX:ATD
69.8B CAD 18.5 18.2
UK
Tesco PLC
LSE:TSCO
32.3B GBP 18.3 18.3
NL
Koninklijke Ahold Delhaize NV
AEX:AD
36.2B EUR 10.8 16
US
Kroger Co
NYSE:KR
42.3B USD 15.5 42.4
AU
Woolworths Group Ltd
ASX:WOW
46B AUD 25.4 75.9
JP
Seven & i Holdings Co Ltd
TSE:3382
5T JPY 29.5 17.1
IN
Avenue Supermarts Ltd
NSE:DMART
2.9T INR -393.8 102.8
US
Caseys General Stores Inc
NASDAQ:CASY
29.8B USD 46.3 44.7

Market Distribution

Lower than 75% of companies in Portugal
Percentile
25th
Based on 98 companies
25th percentile
9.9
Low
3.2 — 12.6
Typical Range
12.6 — 20.3
High
20.3 —
Distribution Statistics
Portugal
Min 3.2
30th Percentile 12.6
Median 17
70th Percentile 20.3
Max 147.6

Sonae - SGPS SA
Glance View

Sonae - SGPS SA is an intriguing narrative of diversification and adaptability in the contemporary business landscape. Emerging from Portugal, Sonae has built an impressive portfolio that spans various sectors, showcasing a robust strategy of diversification. Its foundations lie in retail, with Continente, one of its flagship brands, dominating the Portuguese supermarket scene. This retail juggernaut caters to the everyday needs of countless consumers, forming a reliable revenue stream through consistent foot traffic and consumer loyalty. Beyond its supermarket realm, Sonae has woven itself into the fabric of many sectors including technology, where its subsidiary, Worten, stands as a leader in electronics retail, offering a seamless blend of in-store and digital shopping experiences. Furthermore, Sonae ventures boldly into the realms of real estate and telecommunications, demonstrating an acute understanding of nurturing synergies across different business units. The company has taken strategic stakes in real estate development and management through Sonae Sierra, capitalizing on booming property markets and urban development trends. Additionally, in the telecommunications sector, Sonae's impact is felt through its involvement in mobile and internet services, positioning it well to leverage the evolving digital era. This multifaceted approach not only buffers Sonae against market volatility but also positions it to capture growth opportunities across diverse sectors, with its financial architecture supported by a mixture of steady cash flow from retail operations and investment expansion in high-potential areas.

SON Intrinsic Value
2.83 EUR
Undervaluation 32%
Intrinsic Value
Price €1.93
S
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