Company Valuation: UCB

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 18,947 13,973 14,969 36,464 45,333 41,774 - -
Change - -26.25% 7.12% 143.6% 24.32% -7.85% - -
Enterprise Value (EV) 1 19,807 15,973 17,146 37,918 45,326 42,257 39,976 37,393
Change - -19.36% 7.34% 121.15% 19.54% -6.77% -5.4% -6.46%
P/E 17.9x 33.4x 44.8x 34.3x 29.1x 21.9x 18x 14.8x
PBR 2.32x 1.58x 1.67x 3.64x 4.18x 3.46x 3.02x 2.5x
PEG - -0.6x -2.2x 0x 0.6x 1x 0.8x 0.7x
Capitalization / Revenue 3.28x 2.53x 2.85x 5.93x 5.86x 4.81x 4.31x 3.87x
EV / Revenue 3.43x 2.9x 3.26x 6.16x 5.86x 4.86x 4.13x 3.47x
EV / EBITDA 12.1x 12.7x 12.7x 25.7x 17.2x 13.9x 11x 8.72x
EV / EBIT 15x 23.7x 26.1x 45.4x 22.6x 17.3x 13.3x 10.2x
EV / FCF 15.6x 18.4x 38.5x 41.2x 24.6x 22.1x 15.1x 12x
FCF Yield 6.42% 5.43% 2.6% 2.43% 4.06% 4.52% 6.61% 8.34%
Dividend per Share 2 1.3 1.33 1.36 1.39 1.45 1.457 1.502 1.534
Rate of return 1.3% 1.81% 1.72% 0.72% 0.61% 0.66% 0.69% 0.7%
EPS 2 5.6 2.2 1.76 5.61 8.2 9.986 12.14 14.79
Distribution rate 23.2% 60.5% 77.3% 24.8% 17.7% 14.6% 12.4% 10.4%
Net sales 1 5,777 5,517 5,252 6,152 7,741 8,688 9,690 10,785
EBITDA 1 1,641 1,260 1,349 1,476 2,636 3,038 3,648 4,291
EBIT 1 1,318 675 657 836 2,009 2,444 3,001 3,675
Net income 1 1,058 418 343 1,065 1,558 1,925 2,327 2,827
Net Debt 1 860 2,000 2,177 1,454 -7 482.4 -1,799 -4,381
Reference price 2 100.35 73.56 78.90 192.20 238.60 219.10 219.10 219.10
Nbr of stocks (in thousands) 188,812 189,959 189,721 189,720 189,996 190,663 - -
Announcement Date 2/24/22 A 2/22/23 A 2/28/24 A 2/27/25 A 2/24/26 A - - -
1EUR in Million2EUR
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
18.85x4.31x10.14x0.49% 79.68B
37.72x12.9x24.55x-.--% 50.61B
22.25x4.9x14.19x0.66% 48.81B
-52.46x3.62x10.7x2.92% 46.91B
37.11x3.43x13.06x-.--% 30.86B
-7.42x10.34x-6.67x-.--% 25.42B
53.2x3.4x26.38x-.--% 24.48B
71.17x6.84x45.7x-.--% 21.2B
-30.52x17.51x-46.68x-.--% 16.39B
Average 16.65x 7.47x 10.15x 0.45% 38.26B
Weighted average by Cap. 15.40x 6.65x 12.57x 0.6%

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