Valuation Veolia Environnement

Equities

Real-time Euronext Paris Other stock markets 23:39:32 18/02/2026 HKT			5-day change	1st Jan Change
34.00 ^EUR	+0.86%		+3.12%	+14.47%

09:42pm	Valmet joins Veolia project	RE
06:05pm	Valmet to Deliver Heat Recovery System for Veolia's Project in Poland	MT

Data adjusted to current consolidation scope

Fiscal Period: December	2020	2021	2022	2023	2024	2025	2026	2027
Capitalization ¹	11,321	22,172	16,848	20,425	19,796	24,658	24,658	-
Change	-	95.86%	-24.01%	21.23%	-3.08%	24.56%	0%	-
Enterprise Value (EV) ¹	24,185	31,704	34,986	38,328	37,615	45,502	46,932	46,876
Change	-	31.09%	10.35%	9.55%	-1.86%	20.97%	3.14%	-0.12%
P/E ratio	133x	49.6x	21.6x	21.8x	17.6x	17.2x	15.4x	14.3x
PBR	1.57x	1.93x	1.4x	1.64x	1.51x	1.86x	1.83x	1.79x
PEG	-	0x	0.3x	1.2x	1x	0.6x	1.3x	1.84x
Capitalization / Revenue	0.44x	0.78x	0.39x	0.45x	0.44x	0.54x	0.52x	0.5x
EV / Revenue	0.93x	1.11x	0.82x	0.85x	0.84x	1x	0.99x	0.95x
EV / EBITDA	6.64x	7.49x	5.65x	5.86x	5.54x	6.46x	6.3x	5.95x
EV / EBIT	19x	18x	11.4x	11.5x	10.6x	12.2x	11.7x	10.9x
EV / FCF	21.7x	22.4x	25.6x	20.6x	18.1x	33.8x	27.8x	23.7x
FCF Yield	4.62%	4.47%	3.9%	4.87%	5.51%	2.96%	3.6%	4.21%
Dividend per Share ²	0.7	1	1.12	1.25	1.4	1.503	1.637	1.798
Rate of return	3.5%	3.1%	4.67%	4.38%	5.16%	4.46%	4.86%	5.33%
EPS ²	0.15	0.65	1.11	1.31	1.54	1.963	2.195	2.365
Distribution rate	467%	154%	101%	95.4%	90.9%	76.5%	74.6%	76%
Net sales ¹	26,010	28,508	42,885	45,351	44,692	45,532	47,328	49,289
EBITDA ¹	3,641	4,234	6,196	6,543	6,788	7,039	7,453	7,872
EBIT ¹	1,275	1,766	3,062	3,346	3,547	3,715	4,004	4,288
Net income ¹	88.8	404.3	716	937	1,098	1,452	1,604	1,757
Net Debt ¹	12,864	9,532	18,138	17,903	17,819	20,844	22,274	22,218
Reference price ²	20.01	32.26	24.00	28.56	27.11	33.71	33.71	33.71
Nbr of stocks (in thousands)	565,749	687,294	702,015	715,174	730,212	731,469	731,469	-
Announcement Date	25/2/21	17/3/22	2/3/23	29/2/24	27/2/25	-	-	-

¹EUR in Million²EUR

Estimates

Add to a list 0 selected To use this feature you must be a member Log in Sign up	P/E (N)	EV / Sales (N)	EV / EBITDA (N)	Dividend Yield (N)	Capi.($)
VEOLIA ENVIRONNEMENT	17.25x	1x	6.45x	4.46%	29.16B
NATIONAL GRID PLC	17.82x	5.87x	14.06x	3.5%	92.57B
ENGIE	14.09x	1.48x	7.28x	5.26%	76.15B
SEMPRA	23.38x	6.75x	16.22x	2.77%	60.66B
EON SE	16.92x	1.07x	9.54x	3.06%	57.61B
PUBLIC SERVICE ENTERPRISE GROUP, INC.	20.83x	5.61x	14.41x	2.89%	43.4B
RWE AG	22.54x	2.14x	10.19x	2.31%	43.51B
DUBAI ELECTRICITY AND WATER AUTHORITY	18.82x	5.48x	10.58x	4.08%	41.38B
ACWA POWER COMPANY	65.21x	21.14x	34.12x	0.66%	36.88B
Average	24.10x	5.61x	13.65x	3.22%	53.48B
Weighted average by Cap.	22.20x	5.19x	13.18x	3.36%