Company Valuation: Ipsen

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 6,621 8,279 8,912 9,155 9,770 13,333 - -
Change - 25.05% 7.65% 2.72% 6.72% 36.47% - -
Enterprise Value (EV) 1 6,758 7,894 8,860 9,020 9,225 11,971 10,961 10,181
Change - 16.81% 12.22% 1.81% 2.28% 29.76% -8.44% -7.12%
P/E 10.4x 12.9x 14x 26.7x 22.4x 15x 14.7x 14.6x
PBR 2.42x - 2.36x 2.22x 2.3x 2.67x 2.2x 1.9x
PEG - 20.02x -13.67x -0.6x 0.8x 0x 5.98x 23.02x
Capitalization / Revenue 2.31x 2.74x 2.85x 2.69x 2.49x 3.13x 2.98x 2.86x
EV / Revenue 2.36x 2.61x 2.83x 2.65x 2.35x 2.81x 2.45x 2.19x
EV / EBITDA 5.8x 5.86x 10.1x 7.52x 6.67x 7.23x 6.5x 6.12x
EV / EBIT 6.68x 7.08x 8.85x 8.13x 7.13x 8.45x 7.52x 6.97x
EV / FCF 8.31x 9.02x 12.5x 11.6x 8.93x 11.1x 9.58x 8.73x
FCF Yield 12% 11.1% 8.02% 8.59% 11.2% 9.04% 10.4% 11.5%
Dividend per Share 2 1.2 1.2 1.2 1.4 1.4 1.431 1.484 1.582
Rate of return 1.49% 1.19% 1.11% 1.26% 1.18% 0.88% 0.91% 0.97%
EPS 2 7.76 7.81 7.73 4.15 5.32 10.81 11.07 11.15
Distribution rate 15.5% 15.4% 15.5% 33.7% 26.3% 13.2% 13.4% 14.2%
Net sales 1 2,869 3,025 3,128 3,401 3,929 4,254 4,469 4,657
EBITDA 1 1,166 1,348 881.4 1,200 1,383 1,656 1,685 1,664
EBIT 1 1,011 1,115 1,001 1,109 1,294 1,417 1,457 1,460
Net income 1 646.6 647.5 647.2 347.3 444.5 923.1 937.8 939.9
Net Debt 1 137.8 -384.7 -52.9 -134.9 -544.5 -1,362 -2,372 -3,152
Reference price 2 80.50 100.50 107.90 110.70 119.00 162.40 162.40 162.40
Nbr of stocks (in thousands) 82,243 82,380 82,599 82,700 82,100 82,100 - -
Announcement Date 2/11/22 A 2/9/23 A 2/8/24 A 2/13/25 A 2/12/26 A - - -
1EUR in Million2EUR
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
35.2x12.84x26.1x0.57% 1,077B
27.22x6.26x17.02x2.1% 613B
32.17x7.47x15.29x2.73% 448B
17.9x4.45x10.94x2.98% 332B
23.72x4.94x14x1.76% 293B
21.69x5.59x13.51x2.83% 286B
14.19x5.21x10.72x3.54% 215B
23.3x6.21x10.84x2.81% 193B
-45.82x5.53x30.47x2.54% 159B
Average 16.62x 6.50x 16.54x 2.43% 401.79B
Weighted average by Cap. 24.44x 7.95x 18.32x 1.97%

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