Company Valuation: Sodexo

Data adjusted to current consolidation scope
Fiscal Period: August 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 10,218 11,176 14,455 11,783 7,487 8,510 - -
Change - 9.37% 29.34% -18.49% -36.46% 13.66% - -
Enterprise Value (EV) 1 11,696 12,444 18,854 14,383 10,174 11,655 11,778 11,775
Change - 6.39% 51.51% -23.71% -29.26% 14.55% 1.05% -0.02%
P/E 74.5x 16.3x 18.4x 71.2x 10.9x 33x 25.9x 17.9x
PBR 3.26x 2.55x 3.21x 3.12x 2x 2.29x 2.25x 2.09x
PEG - 0x 1.3x -0.9x 0x -0.5x 0.9x 0.4x
Capitalization / Revenue 0.59x 0.53x 0.61x 0.5x 0.31x 0.36x 0.35x 0.33x
EV / Revenue 0.67x 0.59x 0.79x 0.6x 0.42x 0.49x 0.48x 0.46x
EV / EBITDA 9.92x 7.87x 10.5x 9.32x 6.39x 9.21x 8.79x 7.85x
EV / EBIT 20.2x 11.8x 14.1x 13x 8.93x 14.8x 14.1x 12x
EV / FCF 24.2x 19.7x 23.2x 16.9x 20.1x 50.9x 39.9x 32.5x
FCF Yield 4.13% 5.07% 4.31% 5.92% 4.96% 1.96% 2.5% 3.08%
Dividend per Share 2 2 2.4 3.1 2.65 2.7 1.651 1.705 2.045
Rate of return 2.86% 3.14% 3.13% 3.29% 5.26% 2.83% 2.92% 3.51%
EPS 2 0.94 4.69 5.38 1.13 4.71 1.766 2.251 3.255
Distribution rate 213% 51.2% 57.6% 235% 57.3% 93.5% 75.7% 62.8%
Net sales 1 17,428 21,125 23,727 23,798 24,074 23,835 24,660 25,529
EBITDA 1 1,179 1,582 1,793 1,543 1,593 1,266 1,341 1,501
EBIT 1 578 1,059 1,335 1,109 1,139 788.9 837.1 978.4
Net income 1 139 695 794 168 695 250.7 319.2 484.9
Net Debt 1 1,478 1,268 4,399 2,600 2,687 3,145 3,268 3,265
Reference price 2 70.02 76.44 99.02 80.50 51.30 58.35 58.35 58.35
Nbr of stocks (in thousands) 145,930 146,205 145,982 146,372 145,951 145,841 - -
Announcement Date 10/27/21 A 10/26/22 A 10/26/23 A 10/24/24 A 10/23/25 A - - -
1EUR in Million2EUR
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
33.04x0.49x9.21x2.83% 9.88B
47.17x3.73x24.3x2.33% 123B
23.16x1.18x11.56x2.41% 52.11B
19.15x1.94x11.71x3.01% 24.48B
34.4x1.44x12.05x0.7% 11.74B
14.01x1.75x8.8x2.34% 10.25B
13.81x1.13x6.91x6.54% 8.65B
41.63x2.94x16.19x0.34% 8.51B
122.6x4.98x39.27x-.--% 7.82B
16.87x3.09x12.19x2.72% 8.07B
Average 36.58x 2.27x 15.22x 2.32% 26.44B
Weighted average by Cap. 37.50x 2.67x 18.16x 2.37%

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