Fluidra SA
MAD:FDR

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Fluidra SA
MAD:FDR
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Price: 21.3 EUR -0.47%
Market Cap: €4.1B

EV/OCF

14.8
Current
11%
Cheaper
vs 3-y average of 16.7

Enterprise Value to Operating Cash Flow (EV/OCF) ratio compares a company`s total enterprise value to its operating cash flow. It shows how much investors are paying for each dollar of the company`s operating cash flow, including both equity and debt.

EV/OCF
14.8
=
Enterprise Value
€5B
/
Operating Cash Flow
€342.6m

Enterprise Value to Operating Cash Flow (EV/OCF) ratio compares a company`s total enterprise value to its operating cash flow. It shows how much investors are paying for each dollar of the company`s operating cash flow, including both equity and debt.

EV/OCF
14.8
=
Enterprise Value
€5B
/
Operating Cash Flow
€342.6m

Valuation Scenarios

Fluidra SA is trading below its 3-year average

If EV/OCF returns to its 3-Year Average (16.7), the stock would be worth €24.02 (13% upside from current price).

Statistics
Positive Scenarios
2/4
Maximum Downside
-32%
Maximum Upside
+15%
Average Downside
5%
Scenario EV/OCF Value Implied Price Upside/Downside
Current Multiple 14.8 €21.3
0%
3-Year Average 16.7 €24.02
+13%
5-Year Average 17.1 €24.53
+15%
Industry Average 10.1 €14.52
-32%
Country Average 12.5 €17.88
-16%

Forward EV/OCF
Today’s price vs future operating cash flow

Not enough data available to calculate forward EV/OCF

Peer Comparison

All Multiples
EV/OCF
P/E
All Countries
Close
Market Cap EV/OCF P/E
ES
Fluidra SA
MAD:FDR
4B EUR 14.8 23
JP
Fujitec Co Ltd
TSE:6406
2 720 795.8T JPY 17.6 0
JP
Ishii Iron Works Co Ltd
TSE:6362
304.2T JPY 281 960.2 363 670.8
JP
Star Micronics Co Ltd
TSE:7718
48T JPY 20.1 29.8
US
Parker-Hannifin Corp
NYSE:PH
122.8B USD 34.7 34.7
JP
Freund Corp
TSE:6312
16.9T JPY 8 304.3 8 494.3
SE
Atlas Copco AB
STO:ATCO A
915.2B SEK 28.6 34.8
JP
Mitsubishi Heavy Industries Ltd
TSE:7011
15.1T JPY 19.4 53.9
US
Illinois Tool Works Inc
NYSE:ITW
78.2B USD 27.1 25.4
US
Barnes Group Inc
NYSE:B
67.8B USD 8.5 13.5
SE
Sandvik AB
STO:SAND
492.5B SEK 26.8 33.2

Market Distribution

In line with most companies in Spain
Percentile
58th
Based on 619 companies
58th percentile
14.8
Low
0 — 7.9
Typical Range
7.9 — 19.2
High
19.2 —
Distribution Statistics
Spain
Min 0
30th Percentile 7.9
Median 12.5
70th Percentile 19.2
Max 331.2

Fluidra SA
Glance View

Founded in 1969 in Barcelona, Fluidra SA emerged as a global leader in the pool and wellness industry, a field where they have seamlessly blended innovation with specialized know-how. Initially, a family business focused on supplying the pool market with basic components, the company has grown into an international powerhouse delivering comprehensive solutions that address the entire pool and wellness lifecycle. Fluidra's core business involves designing, manufacturing, and distributing a diverse portfolio of products, including pool equipment such as pumps, filters, lighting, and cleaning systems. The company also offers advanced solutions in individuals' leisure experiences like smart pool automation and energy-efficient water systems. What began as a regional supplier has evolved into a multi-faceted enterprise, balancing the art of traditional craftsmanship with modern technological advances to shape its robust product offering. Fluidra's business model thrives on a symbiotic relationship with its extensive network of distributors, retailers, and installers, capitalizing on both direct sales and dealer channels to penetrate various markets. By leveraging strategic mergers and acquisitions, notably with Zodiac in 2018—an American pool equipment leader—Fluidra expanded its foothold across North America and consolidated its position as a global industry titan. Through these synergies, the company taps into regional expertise and enhances its product innovation capability, providing tailored solutions that meet localized consumer preferences and regulatory demands. Fluidra's revenue streams flow not only from the sales of its core equipment but also from maintenance services and aftermarket parts, ensuring a recurring income that reinforces its financial stability. As urbanization and lifestyle changes drive demand for private and public wellness spaces, Fluidra's adaptive strategies continue to align with market trends, cementing its role as a pivotal player in the wellness ecosystem.

FDR Intrinsic Value
23.34 EUR
Undervaluation 9%
Intrinsic Value
Price €21.3
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