Company Valuation: Lectra

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 1,584 1,329 1,181 986.2 969.3 701.1 - -
Change - -16.08% -11.13% -16.5% -1.72% -27.67% - -
Enterprise Value (EV) 1,592 1,318 1,164 1,007 990.6 701.1 837.1 800.1
Change - -17.26% -11.65% -13.52% -1.61% -29.23% 19.4% -4.42%
P/E 53.8x 30.3x 35.1x 31.7x 37.5x 29.6x 20.7x 15.3x
PBR 3.75x 2.96x 2.88x 2.79x 2.81x 1.97x 1.86x 1.73x
PEG - 0.6x -1.5x -4.03x -2.2x -3.47x 0.5x 0.4x
Capitalization / Revenue 4.09x 2.55x 2.47x 1.87x 1.91x 1.41x 1.33x 1.25x
EV / Revenue 0x 0x 0x 0x 0x 1.41x 1.33x 1.25x
EV / EBITDA 0x 0x 0x 0x 0x 9.21x 7.74x 6.61x
EV / EBIT 0x 0x 0x 0x 0x 20.6x 14.2x 10.8x
EV / FCF 0x 0x 0x 0x 0x 11.9x 10.7x 9.64x
FCF Yield 3.05% 3.77% 4.44% 8.27% 6.57% 8.42% 9.36% 10.4%
Dividend per Share 2 0.36 0.48 0.36 0.4 0.35 0.3463 0.4773 0.6184
Rate of return 0.86% 1.36% 1.15% 1.54% 1.37% 1.88% 2.59% 3.35%
EPS 2 0.78 1.16 0.89 0.82 0.68 0.622 0.892 1.207
Distribution rate 46.2% 41.4% 40.4% 48.8% 51.5% 55.7% 53.5% 51.3%
Net sales 1 387.6 521.9 477.6 526.7 506.7 496.6 526.9 558.9
EBITDA 1 65.1 98.4 79 91.1 79.72 76.09 90.56 106
EBIT 1 44.4 68.48 49.05 53.64 38.17 34.05 49.25 64.94
Net income 1 28.2 43.8 32.6 29.6 25.96 24.72 34.52 45.7
Net Debt 8.8 -11.36 -16.96 20.58 21.32 - 136 99
Reference price 2 42.00 35.20 31.25 26.00 25.50 18.44 18.44 18.44
Nbr of stocks (in thousands) 37,705 37,755 37,796 37,931 38,011 38,019 - -
Announcement Date 2/9/22 A 2/8/23 A 2/14/24 A 2/12/25 A 2/11/26 A - - -
1EUR in Million2EUR
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
29.81x - - 1.87% 802M
21.46x3.51x12.22x3.13% 204B
-95.59x15.12x87.54x-.--% 94.59B
11.4x1.26x6.6x4.21% 94.28B
14.89x2.72x10.26x5.52% 86.61B
21.07x5.47x13.45x2.72% 62.34B
14.12x2.05x8.7x5.53% 45.57B
19.89x1.61x10.1x1.49% 36.91B
17.65x2.24x10.73x4.92% 36.56B
20.49x1.52x9.63x0.96% 36.02B
Average 7.52x 3.94x 18.80x 3.04% 69.74B
Weighted average by Cap. 2.57x 4.49x 21.00x 3.16%

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