Company Valuation: Legrand

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 27,448 19,952 24,667 24,652 33,297 35,284 - -
Change - -27.31% 23.63% -0.06% 35.07% 5.97% - -
Enterprise Value (EV) 1 29,973 22,271 26,673 27,658 37,519 40,138 39,659 39,200
Change - -25.7% 19.76% 3.69% 35.66% 6.98% -1.19% -1.16%
P/E 30.6x 20.1x 21.9x 21.3x 27x 24.4x 21.3x 19.3x
PBR 4.81x 3.01x 3.74x 3.29x - 4.3x 3.85x 3.46x
PEG - 1.9x 1.4x 7.7x 4.23x 1.4x 1.5x 1.8x
Capitalization / Revenue 3.92x 2.39x 2.93x 2.85x 3.51x 3.2x 2.89x 2.69x
EV / Revenue 4.29x 2.67x 3.17x 3.2x 3.96x 3.64x 3.25x 2.99x
EV / EBITDA 18.2x 12x 13.6x 13.5x 16.6x 15.3x 13.5x 12.3x
EV / EBIT 20.9x 13.1x 15.1x 15.6x 19.1x 17.8x 15.6x 14.2x
EV / FCF 31.5x 21.5x 16.8x 21.4x 28.2x 25.4x 22.6x 20.3x
FCF Yield 3.18% 4.65% 5.94% 4.67% 3.55% 3.94% 4.42% 4.92%
Dividend per Share 2 1.42 1.65 1.9 2.09 2.2 2.727 3.062 3.345
Rate of return 1.38% 2.21% 2.02% 2.22% 1.73% 2.03% 2.27% 2.49%
EPS 2 3.366 3.726 4.304 4.423 4.705 5.509 6.305 6.972
Distribution rate 42.2% 44.3% 44.1% 47.3% 46.8% 49.5% 48.6% 48%
Net sales 1 6,994 8,339 8,417 8,649 9,481 11,031 12,193 13,110
EBITDA 1 1,650 1,859 1,962 2,047 2,254 2,622 2,939 3,178
EBIT 1 1,434 1,702 1,770 1,776 1,962 2,254 2,539 2,763
Net income 1 904.5 999.5 1,148 1,166 1,245 1,463 1,676 1,859
Net Debt 1 2,524 2,319 2,006 3,006 4,223 4,854 4,375 3,917
Reference price 2 102.90 74.82 94.10 94.04 127.25 134.60 134.60 134.60
Nbr of stocks (in thousands) 266,749 266,669 262,133 262,145 261,662 262,136 - -
Announcement Date 10/2/22 9/2/23 15/2/24 13/2/25 12/2/26 - - -
1EUR in Million2EUR
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
25.22x3.02x16.49x2.05% 240B
14.17x1.76x7.94x3.61% 205B
30.44x3.91x18.04x1.6% 185B
38.98x5.79x24.38x1% 171B
46.61x6.26x28.04x1.06% 156B
40.6x6.68x26.83x0.1% 94.44B
91.52x11.35x64.94x0.34% 94.93B
31.95x5.16x17.96x1.42% 87.09B
33.81x7.29x22.88x0.55% 56.8B
Average 39.26x 5.69x 25.28x 1.3% 143.36B
Weighted average by Cap. 35.45x 4.92x 22.49x 1.6%

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