Company Valuation: Cascades Inc.

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 1,409 849.1 1,282 1,203 1,262 1,726 - -
Change - -39.74% 50.97% -6.17% 4.91% 36.79% - -
Enterprise Value (EV) 1 2,760 2,815 3,164 3,299 3,158 3,421 3,201 2,827
Change - 1.99% 12.39% 4.26% -4.27% 8.34% -6.42% -11.69%
P/E - - -16.8x - - 14.5x 8.3x -
PBR 0.76x 0.46x 0.74x 0.7x 0.73x 0.94x 0.9x -
PEG - - - - - - 0.1x -
Capitalization / Revenue 0.36x 0.19x 0.28x 0.26x 0.26x 0.35x 0.33x 0.33x
EV / Revenue 0.7x 0.63x 0.68x 0.7x 0.66x 0.7x 0.62x 0.54x
EV / EBITDA 7.1x 7.49x 5.67x 6.58x 5.48x 6.01x 4.79x 3.93x
EV / EBIT 20.1x 22.7x 11.1x 15.1x 10.9x 10.4x 8.11x -
EV / FCF -36.8x -7.89x 19.8x 29.7x 13.9x 13.5x 12.4x 10.2x
FCF Yield -2.72% -12.7% 5.06% 3.36% 7.19% 7.39% 8.09% 9.77%
Dividend per Share 2 0.48 0.48 0.48 0.48 - 0.48 0.48 0.48
Rate of return 3.44% 5.67% 3.77% 4.03% - 2.82% 2.82% 2.82%
EPS 2 - - -0.76 - - 1.17 2.05 -
Distribution rate - - -63.2% - - 41% 23.4% -
Net sales 1 3,956 4,466 4,638 4,701 4,776 4,918 5,203 5,261
EBITDA 1 389 376 558 501 576 569.6 668.9 720
EBIT 1 137 124 286 219 289 330 394.5 -
Net income 1 - - -76 - - 147.8 208.6 -
Net Debt 1 1,351 1,966 1,882 2,096 1,896 1,695 1,475 1,101
Reference price 2 13.97 8.46 12.73 11.91 12.46 17.02 17.02 17.02
Nbr of stocks (in thousands) 100,860 100,362 100,695 100,988 101,269 101,408 - -
Announcement Date 2/24/22 A 2/23/23 A 2/22/24 A 2/20/25 A 2/26/26 A - - -
1CAD in Million2CAD
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
24.53x1.2x7.64x3.81% 25.29B
25.85x2.58x12.39x2.11% 22.67B
32.37x1.26x9.53x4.32% 22.02B
23.57x2.56x10.51x1.58% 7.36B
14.78x1.25x7.23x3.7% 5.74B
-175.7x0.92x8.43x2.05% 5.48B
19.95x2.39x14.18x3.41% 5.45B
8.96x1.37x9.81x1.06% 4.82B
19.68x1.35x8.84x2.49% 4.04B
Average -0.67x 1.65x 9.84x 2.73% 11.43B
Weighted average by Cap. 14.05x 1.68x 9.81x 3.08%

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