Fluidra SA
XBER:4F1

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Fluidra SA
XBER:4F1
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Price: 23.32 EUR Market Closed
Market Cap: €6.9B

EV/GP

3.9
Current
11%
Cheaper
vs 3-y average of 4.4

Enterprise Value to Gross Profit (EV/GP) ratio compares a company`s total enterprise value to its gross profit. It shows how much investors are paying for each dollar of the company`s gross profit, including both equity and debt.

EV/GP
3.9
=
Enterprise Value
€5B
/
Gross Profit
€1.2B

Enterprise Value to Gross Profit (EV/GP) ratio compares a company`s total enterprise value to its gross profit. It shows how much investors are paying for each dollar of the company`s gross profit, including both equity and debt.

EV/GP
3.9
=
Enterprise Value
€5B
/
Gross Profit
€1.2B

Valuation Scenarios

Fluidra SA is trading below its 3-year average

If EV/GP returns to its 3-Year Average (4.4), the stock would be worth €26.3 (13% upside from current price).

Statistics
Positive Scenarios
2/4
Maximum Downside
-44%
Maximum Upside
+15%
Average Downside
12%
Scenario EV/GP Value Implied Price Upside/Downside
Current Multiple 3.9 €23.32
0%
3-Year Average 4.4 €26.3
+13%
5-Year Average 4.5 €26.84
+15%
Industry Average 2.2 €13.06
-44%
Country Average 2.6 €15.59
-33%

Forward EV/GP
Today’s price vs future gross profit

Not enough data available to calculate forward EV/GP

Peer Comparison

All Multiples
EV/GP
P/E
All Countries
Close
Market Cap EV/GP P/E
ES
Fluidra SA
XBER:4F1
3.8B EUR 3.9 21.6
JP
Fujitec Co Ltd
TSE:6406
2 720 795.8T JPY 5.6 0
JP
Ishii Iron Works Co Ltd
TSE:6362
304.2T JPY 101 236.7 363 670.8
JP
Star Micronics Co Ltd
TSE:7718
48T JPY 2.6 29.8
US
Parker-Hannifin Corp
NYSE:PH
119.6B USD 16 32.5
JP
Freund Corp
TSE:6312
16.9T JPY 1 767.7 8 494.3
JP
Mitsubishi Heavy Industries Ltd
TSE:7011
15.5T JPY 15.5 55.2
SE
Atlas Copco AB
STO:ATCO A
848.5B SEK 11.9 32.1
US
Illinois Tool Works Inc
NYSE:ITW
76.7B USD 11.4 24.2
US
Barnes Group Inc
NYSE:B
64.4B USD 7.3 13.1
SE
Sandvik AB
STO:SAND
480.6B SEK 10.4 32.4

Market Distribution

Higher than 72% of companies in Spain
Percentile
72nd
Based on 471 companies
72nd percentile
6.4
Low
0 — 1.7
Typical Range
1.7 — 5.8
High
5.8 —
Distribution Statistics
Spain
Min 0
30th Percentile 1.7
Median 2.6
70th Percentile 5.8
Max 60.8

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.

4F1 Intrinsic Value
25.78 EUR
Undervaluation 10%
Intrinsic Value
Price €23.32
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