Company Valuation: IDEXX Laboratories, Inc.

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 55,833 33,786 46,098 33,854 54,022 44,456 - -
Change - -39.49% 36.44% -26.56% 59.57% -17.71% - -
Enterprise Value (EV) 1 56,612 35,022 46,592 34,434 54,690 44,592 44,053 43,726
Change - -38.14% 33.04% -26.09% 58.83% -18.46% -1.21% -0.74%
P/E 76.6x 50.8x 55.2x 38.7x 51.7x 38.4x 34x 30.1x
PBR 82.6x 55.6x 31x 21.6x 34.1x 21.1x 15.4x 11.6x
PEG - -7.66x 2.2x 6.38x 2.3x 3.2x 2.6x 2.3x
Capitalization / Revenue 17.4x 10x 12.6x 8.69x 12.6x 9.44x 8.69x 7.97x
EV / Revenue 17.6x 10.4x 12.7x 8.83x 12.7x 9.47x 8.61x 7.83x
EV / EBITDA 54.6x 34.7x 38.4x 28.1x 36.3x 26.5x 23.8x 21.4x
EV / EBIT 60.7x 39x 42.5x 30.5x 40.2x 29.3x 26.1x 23.2x
EV / FCF 89x 88.9x 60.3x 42.6x 51.7x 38.5x 34.1x 30x
FCF Yield 1.12% 1.13% 1.66% 2.35% 1.93% 2.6% 2.93% 3.33%
Dividend per Share 2 - - - - - - - -
Rate of return - - - - - - - -
EPS 2 8.6 8.03 10.06 10.67 13.08 14.67 16.55 18.75
Distribution rate - - - - - - - -
Net sales 1 3,215 3,367 3,661 3,898 4,304 4,709 5,115 5,581
EBITDA 1 1,037 1,011 1,212 1,225 1,505 1,680 1,847 2,045
EBIT 1 932 898.8 1,097 1,128 1,360 1,521 1,685 1,881
Net income 1 744.8 679.1 845 887.9 1,059 1,170 1,304 1,462
Net Debt 1 779.2 1,236 493.9 579.3 667.8 136 -403 -730
Reference price 2 658.46 407.96 555.05 413.44 676.53 563.57 563.57 563.57
Nbr of stocks (in thousands) 84,794 82,817 83,052 81,885 79,851 78,883 - -
Announcement Date 2/2/22 6/2/23 5/2/24 3/2/25 2/2/26 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

Year-on-year evolution of the Yield

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