Company Valuation: Sartorius AG

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 37,429 24,078 20,462 13,392 15,142 15,841 - -
Change - -35.67% -15.02% -34.55% 13.07% 4.61% - -
Enterprise Value (EV) 1 39,161 26,454 25,394 17,138 18,884 19,416 19,110 18,711
Change - -32.45% -4.01% -32.51% 10.18% 2.82% -1.57% -2.09%
P/E 127x 37.2x 111x 176x 110x 66.3x 51.4x 43.3x
PBR 32.3x 13.9x 11x 5.37x 6.31x 5.88x 5.31x 4.9x
PEG - 0x -1.6x -3x 1.3x 1x 1.8x 2.3x
Capitalization / Revenue 10.9x 5.77x 6.03x 3.96x 4.28x 4.26x 3.88x 3.54x
EV / Revenue 11.4x 6.34x 7.48x 5.07x 5.34x 5.22x 4.68x 4.18x
EV / EBITDA 33.3x 18.8x 26.4x 18.1x 18x 17.4x 15.2x 13.2x
EV / EBIT 43.4x 24.8x 50.4x 43.7x 34.8x 29x 24.2x 20.3x
EV / FCF 85.4x 125x 86.4x 30.3x 48.4x 47x 32.5x 25.5x
FCF Yield 1.17% 0.8% 1.16% 3.3% 2.07% 2.13% 3.08% 3.92%
Dividend per Share 2 1.26 1.44 0.74 0.74 0.74 0.8029 0.9766 1.129
Rate of return 0.21% 0.39% 0.22% 0.34% 0.3% 0.32% 0.39% 0.45%
EPS 2 4.67 9.92 3 1.22 2.25 3.814 4.925 5.838
Distribution rate 27% 14.5% 24.7% 60.7% 32.9% 21% 19.8% 19.3%
Net sales 1 3,449 4,175 3,396 3,381 3,538 3,722 4,082 4,476
EBITDA 1 1,175 1,410 962.7 945 1,052 1,114 1,258 1,413
EBIT 1 903.2 1,065 503.9 392.6 542.6 670.1 791.1 921.8
Net income 1 318.9 678.1 205.2 84 154.9 255.4 328.6 390.4
Net Debt 1 1,733 2,375 4,932 3,746 3,741 3,575 3,270 2,870
Reference price 2 595.20 369.40 333.20 215.20 247.20 253.00 253.00 253.00
Nbr of stocks (in thousands) 68,416 68,416 68,416 69,038 69,038 69,038 - -
Announcement Date 1/27/22 A 1/26/23 A 1/26/24 A 1/28/25 A 2/3/26 A - - -
1EUR in Million2EUR
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
66.33x5.22x17.43x0.32% 18.05B
45.09x - - 1.79% 1.95B
15.1x2.07x7.02x1.7% 881M
39.26x - - - 778M
-2.51x1.34x6.23x - 709M
118.69x - - 0.99% 579M
-11.13x - - - 452M
28.81x4.93x16.8x1.64% 404M
Average 37.45x 3.39x 11.87x 1.29% 2.98B
Weighted average by Cap. 58.92x 4.93x 16.57x 0.55%

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