Valuation SIPEF

Stocks

Real-time Euronext Bruxelles 23:35:15 07/09/2026 HKT			5-day change	1st Jan Change
105.20 ^EUR	+0.96%		+0.19%	+29.56%

08-28	Ackermans & van Haaren leads in Brussels after raising targets
08-28	Ackermans & van Haaren raises its annual net profit target

Data adjusted to current consolidation scope

Fiscal Period: December	2021	2022	2023	2024	2025	2026	2027	2028
Market Cap ¹	674.2	654.6	609.2	611.5	993.2	1,262	-	-
Change	-	-2.91%	-6.93%	0.38%	62.41%	27.09%	-	-
Enterprise Value (EV) ¹	723.4	662.4	638	629.6	904.8	1,159	1,133	1,069
Change	-	-8.44%	-3.68%	-1.31%	43.71%	28.04%	-2.22%	-5.6%
P/E	7.2x	6.08x	8.39x	9.3x	7.93x	10x	10.2x	9.95x
PBR	0.93x	0.8x	0.71x	-	0.99x	-	-	-
PEG	-	0.4x	-0.3x	-0.98x	0.1x	20.03x	-5.36x	3.68x
Capitalization / Revenue	1.62x	1.24x	1.37x	1.38x	1.74x	2.05x	2.13x	2.14x
EV / Revenue	1.74x	1.26x	1.44x	1.42x	1.59x	1.88x	1.91x	1.82x
EV / EBITDA	4.1x	2.93x	3.97x	3.94x	3.74x	4.53x	4.79x	4.43x
EV / EBIT	5.66x	3.71x	5.91x	6.05x	4.82x	5.94x	5.91x	5.43x
EV / FCF	7.89x	7.7x	40.8x	-	6.81x	13.2x	11.1x	9.68x
FCF Yield	12.7%	13%	2.45%	-	14.7%	7.6%	9%	10.3%
Dividend per Share ²	2.273	3.202	2.152	2.089	5.103	4.565	4.52	4.585
Rate of return	3.51%	5.09%	3.67%	3.55%	5.35%	3.77%	3.73%	3.79%
EPS ²	8.99	10.36	6.98	6.32	12.02	12.08	11.85	12.17
Distribution rate	25.3%	30.9%	30.8%	33.1%	42.5%	37.8%	38.1%	37.7%
Net sales ¹	416.1	527.5	443.9	443.8	570.4	616	592	589
EBITDA ¹	176.4	226.3	160.7	160	242	255.6	236.4	241.2
EBIT ¹	127.8	178.3	108	104.1	187.7	195.2	191.7	196.9
Net income ¹	93.75	108.2	72.74	65.84	125.4	129.9	118.7	121.8
Net Debt ¹	49.19	7.765	28.77	18.09	-88.36	-103.7	-129.4	-192.8
Reference price ²	64.71	62.95	58.58	58.81	95.34	121.09	121.09	121.09
Nbr of stocks (in thousands)	10,419	10,399	10,399	10,399	10,417	10,424	-	-
Announcement Date	17/2/22	16/2/23	15/2/24	13/2/25	12/2/26	-	-	-

¹USD in Million²USD

Estimates

Add to a list 0 selected To use this feature you must be a member Log in Sign up	P/E (Y)	EV / Sales (Y)	EV / EBITDA (Y)	Dividend Yield (Y)	Capi.($)
SIPEF	10.02x	1.95x	4.63x	3.77%	1.26B
SIME DARBY PLANTATION	16.47x	2.17x	9.32x	3.03%	10.6B
IOI CORPORATION	20.05x	2.68x	14.96x	2.44%	7.34B
AAK AB	15.13x	1.25x	10.04x	2.76%	5.66B
FIRST RESOURCES LIMITED	12.85x	3.34x	8.19x	4.5%	5.56B
BUMITAMA AGRI LTD.	13.58x	2.04x	6.74x	5.29%	2.83B
PT TRIPUTRA AGRO PERSADA TBK	10.35x	3.4x	8.65x	8.5%	2.52B
THE NISSHIN OILLIO GROUP,LTD.	18.22x	0.53x	10.15x	2.9%	1.21B
Average	14.58x	2.17x	9.08x	4.15%	4.62B
Weighted average by Cap.	15.63x	2.32x	10.00x	3.66%