Company Valuation: Rubis

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 2,690 2,531 2,320 2,461 3,307 3,418 - -
Change - -5.89% -8.35% 6.11% 34.34% 3.38% - -
Enterprise Value (EV) 1 3,128 3,817 3,680 3,753 4,473 4,967 5,067 5,132
Change - 22.05% -3.6% 2% 19.16% 11.05% 2.01% 1.29%
P/E 9.18x 9.65x 6.58x 7.24x 10.8x 10.4x 9.92x 9.44x
PBR 1.03x 0.93x 0.88x 0.87x - 1.16x 1.11x 1.07x
PEG - -0.9x 0.2x -2.06x -1.11x 1.38x 2.17x 1.87x
Capitalization / Revenue 0.59x 0.35x 0.35x 0.37x 0.51x 0.47x 0.46x 0.45x
EV / Revenue 0.68x 0.53x 0.56x 0.56x 0.68x 0.69x 0.69x 0.67x
EV / EBITDA 5.88x 5.7x 4.61x 5.21x 6.04x 6.49x 6.34x 6.21x
EV / EBIT 7.98x 7.5x 5.92x 7.45x 9.19x 9.61x 9.53x 9.31x
EV / FCF 35.2x 22.7x 13.2x 8.99x 12.5x 276x 28.5x 33.4x
FCF Yield 2.84% 4.41% 7.59% 11.1% 8.02% 0.36% 3.51% 2.99%
Dividend per Share 2 1.86 1.92 1.98 2.03 2.07 2.177 2.257 2.366
Rate of return 7.08% 7.8% 8.8% 8.5% 6.46% 6.54% 6.79% 7.11%
EPS 2 2.86 2.55 3.42 3.3 2.98 3.205 3.352 3.522
Distribution rate 65% 75.3% 57.9% 61.5% 69.5% 67.9% 67.3% 67.2%
Net sales 1 4,589 7,135 6,630 6,644 6,534 7,204 7,362 7,675
EBITDA 1 532 669.5 797.9 721 740.8 765 799.6 826.6
EBIT 1 392 509 621.4 503.8 486.5 516.9 531.8 551.4
Net income 1 293 262.9 353.7 342.3 308.8 331.4 345 361.5
Net Debt 1 438 1,286 1,360 1,292 1,166 1,548 1,648 1,714
Reference price 2 26.26 24.60 22.50 23.88 32.06 33.26 33.26 33.26
Nbr of stocks (in thousands) 102,419 102,888 103,101 103,077 103,139 102,781 - -
Announcement Date 3/10/22 A 3/16/23 A 3/7/24 A 3/13/25 A 3/12/26 A - - -
1EUR in Million2EUR
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
17.23x0.4x8.25x5.42% 5.09B
17.08x0.19x7.24x3.41% 4.64B
10.38x0.69x6.49x6.54% 3.98B
6.63x0.29x6.54x9.01% 3.39B
12.17x0.05x5.27x2.48% 1.83B
3.58x0.4x4.38x4.77% 1.51B
9.7x0.43x5.86x7.6% 1.55B
Average 10.97x 0.35x 6.29x 5.6% 3.14B
Weighted average by Cap. 12.44x 0.36x 6.77x 5.62%

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