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 13,274 - -
Change - 25.05% 7.65% 2.72% 6.72% 35.87% - -
Enterprise Value (EV) 1 6,758 7,894 8,860 9,020 9,225 11,888 10,965 10,153
Change - 16.81% 12.22% 1.81% 2.28% 28.86% -7.76% -7.41%
P/E 10.4x 12.9x 14x 26.7x 22.4x 13.4x 14.2x 14.2x
PBR 2.42x - 2.36x 2.22x 2.3x 2.39x 2.21x 1.91x
PEG - 20.02x -13.67x -0.6x 0.8x 0x -2.31x -1,054.81x
Capitalization / Revenue 2.31x 2.74x 2.85x 2.69x 2.49x 2.96x 2.9x 2.8x
EV / Revenue 2.36x 2.61x 2.83x 2.65x 2.35x 2.65x 2.4x 2.14x
EV / EBITDA 5.8x 5.86x 10.1x 7.52x 6.67x 6.26x 6.34x 5.95x
EV / EBIT 6.68x 7.08x 8.85x 8.13x 7.13x 7.36x 7.42x 6.84x
EV / FCF 8.31x 9.02x 12.5x 11.6x 8.93x 9.22x 9.02x 8.26x
FCF Yield 12% 11.1% 8.02% 8.59% 11.2% 10.9% 11.1% 12.1%
Dividend per Share 2 1.2 1.2 1.2 1.4 1.4 1.535 1.532 1.655
Rate of return 1.49% 1.19% 1.11% 1.26% 1.18% 0.95% 0.95% 1.02%
EPS 2 7.76 7.81 7.73 4.15 5.32 12.11 11.37 11.36
Distribution rate 15.5% 15.4% 15.5% 33.7% 26.3% 12.7% 13.5% 14.6%
Net sales 1 2,869 3,025 3,128 3,401 3,929 4,486 4,574 4,748
EBITDA 1 1,166 1,348 881.4 1,200 1,383 1,898 1,730 1,706
EBIT 1 1,011 1,115 1,001 1,109 1,294 1,616 1,477 1,484
Net income 1 646.6 647.5 647.2 347.3 444.5 1,013 960.7 937.6
Net Debt 1 137.8 -384.7 -52.9 -134.9 -544.5 -1,387 -2,309 -3,122
Reference price 2 80.50 100.50 107.90 110.70 119.00 161.90 161.90 161.90
Nbr of stocks (in thousands) 82,243 82,380 82,599 82,700 82,100 81,990 - -
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 (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
33.78x12.37x24.91x0.57% 1,062B
28.59x - - 2.09% 619B
32.06x7.3x15.18x2.84% 431B
20.32x4.82x11.94x2.74% 358B
21.87x5.66x14.12x2.84% 293B
20.44x4.22x11.99x2.09% 247B
25.38x6.71x11.89x2.49% 219B
13.28x4.8x10.09x3.83% 200B
-40.65x5.84x32.95x2.52% 162B
Average 17.23x 6.46x 16.63x 2.44% 399.14B
Weighted average by Cap. 24.43x 8.10x 18.28x 2%

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