Company Valuation: Icade

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 4,776 3,044 2,693 1,741 1,668 1,608 - -
Change - -36.26% -11.54% -35.33% -4.21% -3.63% - -
Enterprise Value (EV) 1 11,709 9,921 6,141 5,195 5,114 4,697 4,475 4,007
Change - -15.28% -38.1% -15.41% -1.55% -8.16% -4.72% -10.47%
P/E Ratio 11.8x 56.4x -2.15x -6.31x -13.6x -24.3x 19.1x 6.47x
PBR 0.71x 0.46x 0.54x 0.4x 0.43x 0.42x 0.42x 0.41x
PEG - -0.7x 0x 0.1x 0.2x 0.5x -0x 0x
Capitalization / Revenue 2.88x 1.68x 1.76x 1.11x 1.15x 1.23x 1.21x 1.16x
EV / Revenue 7.05x 5.46x 4.02x 3.3x 3.53x 3.61x 3.37x 2.9x
EV / EBITDA 18.7x 15.3x 21.7x 21.7x 17.5x 16.4x 16x 13.9x
EV / EBIT 14.6x 25.9x 22.7x 18.7x 17.4x 17.3x 16.1x 13.8x
EV / FCF -23.5x -42.4x 4.66x 31.3x 21.6x 4.88x 5.39x 36.1x
FCF Yield -4.25% -2.36% 21.5% 3.2% 4.63% 20.5% 18.6% 2.77%
Dividend per Share 2 4.2 4.33 4.84 4.31 1.92 2.006 1.994 1.71
Rate of return 6.66% 10.8% 13.6% 18.8% 8.73% 9.46% 9.41% 8.06%
EPS 2 5.328 0.7136 -16.5 -3.64 -1.62 -0.8742 1.111 3.275
Distribution rate 78.8% 607% -29.3% -118% -119% -229% 179% 52.2%
Net sales 1 1,661 1,816 1,528 1,572 1,450 1,302 1,327 1,381
EBITDA 1 625.5 650.3 283 239 292.5 286.2 280.5 288.3
EBIT 1 800.6 382.5 270.1 277.5 294.6 271.6 278.1 289.4
Net income 1 400.1 54.1 -1,250 -275.9 -123 46.81 154.4 243.9
Net Debt 1 6,933 6,876 3,448 3,454 3,446 3,090 2,868 2,399
Reference price 2 63.10 40.24 35.54 22.98 22.00 21.20 21.20 21.20
Nbr of stocks (in thousands) 75,691 75,652 75,770 75,778 75,825 75,826 - -
Announcement Date 2/21/22 A 2/20/23 A 2/19/24 A 2/18/25 A 2/17/26 A - - -
1EUR in Million2EUR
Estimates

P/E Ratio, Detailed evolution

P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
26.03x13.65x16.14x4.94% 16.83B
23.26x14.16x15.67x4.2% 6.56B
14.94x15.43x16.11x4.87% 6.79B
8.43x13.48x17.49x6.56% 6.37B
9.94x17.24x20.7x7.75% 6.23B
9.64x14.11x15.17x7.09% 5.64B
7.56x13.62x17.4x5.99% 5.6B
11.81x11.36x12.94x5.51% 4.82B
Average 13.95x 14.13x 16.45x 5.86% 7.36B
Weighted average by Cap. 16.34x 14.13x 16.48x 5.67%

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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