Company Valuation: Vicat

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 1,591 1,038 1,458 1,630 3,385 2,618 - -
Change - -34.77% 40.49% 11.83% 107.6% -22.65% - -
Enterprise Value (EV) 1 2,941 2,658 2,880 2,867 4,536 3,631 3,466 3,342
Change - -9.65% 8.36% -0.44% 58.18% -19.95% -4.55% -3.57%
P/E 7.91x 6.74x 5.7x 6.02x 12.4x 9.32x 8.11x 8.32x
PBR 0.67x 0.4x - - 1.15x 0.8x 0.77x 0.69x
PEG - -0.3x 0.1x 1.05x 18.88x 3.21x 0.5x -3.42x
Capitalization / Revenue 0.51x 0.28x 0.37x 0.42x 0.88x 0.65x 0.63x 0.6x
EV / Revenue 0.94x 0.73x 0.73x 0.74x 1.18x 0.9x 0.83x 0.77x
EV / EBITDA 4.75x 4.66x 3.89x 3.66x 5.88x 4.54x 4.09x 3.73x
EV / EBIT 8.17x 9.34x 6.66x 6.27x 10.2x 7.82x 6.8x 6.18x
EV / FCF 56.2x -40.6x 10.3x 7.53x 12.9x 16.5x 14.2x 12.5x
FCF Yield 1.78% -2.46% 9.7% 13.3% 7.72% 6.06% 7.04% 7.97%
Dividend per Share 2 1.65 1.65 2 2 2 2.178 2.259 2
Rate of return 4.58% 7.04% 6.09% 5.46% 2.63% 3.7% 3.84% 3.4%
EPS 2 4.55 3.48 5.76 6.09 6.13 6.308 7.246 7.07
Distribution rate 36.3% 47.4% 34.7% 32.8% 32.6% 34.5% 31.2% 28.3%
Net sales 1 3,123 3,642 3,937 3,884 3,854 4,056 4,153 4,359
EBITDA 1 619.1 570.1 739.7 783 771 799.5 847.5 895.1
EBIT 1 359.9 284.5 432.8 457 445 464.4 509.5 541.2
Net income 1 204.2 156.1 258.4 273 275 255 311.8 308
Net Debt 1 1,351 1,620 1,422 1,237 1,151 1,013 847.6 724
Reference price 2 36.00 23.45 32.85 36.65 76.00 58.80 58.80 58.80
Nbr of stocks (in thousands) 44,192 44,257 44,385 44,488 44,538 44,527 - -
Announcement Date 15/2/22 14/2/23 13/2/24 18/2/25 16/2/26 - - -
1EUR in Million2EUR
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
9.51x0.91x4.61x3.63% 3.07B
18.64x2.56x10.12x2.75% 45.79B
25.32x3.41x12.04x-.--% 15.47B
12.64x3.42x6.98x5.89% 13.03B
13.6x0.59x2.74x4.59% 12.68B
42.35x3.2x15.47x0.71% 8.27B
8.32x1.2x4.68x1.99% 7.75B
22x7.23x13.43x4.38% 7.57B
13.47x1.46x5.48x3.02% 6.33B
26.29x1.38x6.74x2.13% 5.76B
Average 19.22x 2.54x 8.23x 2.91% 12.57B
Weighted average by Cap. 19.33x 2.64x 8.98x 2.84%

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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