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 39,276 - -
Change - -26.25% 7.12% 143.6% 24.32% -13.36% - -
Enterprise Value (EV) 1 19,807 15,973 17,146 37,918 45,326 39,689 37,581 35,081
Change - -19.36% 7.34% 121.15% 19.54% -12.44% -5.31% -6.65%
P/E 17.9x 33.4x 44.8x 34.3x 29.1x 20.6x 17.1x 14.2x
PBR 2.32x 1.58x 1.67x 3.64x 4.18x 3.26x 2.85x 2.36x
PEG - -0.6x -2.2x 0x 0.6x 0.9x 0.8x 0.7x
Capitalization / Revenue 3.28x 2.53x 2.85x 5.93x 5.86x 4.54x 4.09x 3.68x
EV / Revenue 3.43x 2.9x 3.26x 6.16x 5.86x 4.58x 3.91x 3.28x
EV / EBITDA 12.1x 12.7x 12.7x 25.7x 17.2x 13x 10.4x 8.27x
EV / EBIT 15x 23.7x 26.1x 45.4x 22.6x 16.1x 12.6x 9.67x
EV / FCF 15.6x 18.4x 38.5x 41.2x 24.6x 20.8x 14.4x 11.4x
FCF Yield 6.42% 5.43% 2.6% 2.43% 4.06% 4.81% 6.95% 8.78%
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% 0.71% 0.73% 0.74%
EPS 2 5.6 2.2 1.76 5.61 8.2 9.998 12.01 14.48
Distribution rate 23.2% 60.5% 77.3% 24.8% 17.7% 14.6% 12.5% 10.6%
Net sales 1 5,777 5,517 5,252 6,152 7,741 8,659 9,607 10,682
EBITDA 1 1,641 1,260 1,349 1,476 2,636 3,053 3,621 4,240
EBIT 1 1,318 675 657 836 2,009 2,463 2,979 3,630
Net income 1 1,058 418 343 1,065 1,558 1,928 2,297 2,758
Net Debt 1 860 2,000 2,177 1,454 -7 412.7 -1,695 -4,196
Reference price 2 100.35 73.56 78.90 192.20 238.60 206.00 206.00 206.00
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 (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
20.6x4.58x13x0.71% 44B
35.8x12.9x27.02x0.55% 1,116B
37.07x6.25x17.38x2.11% 610B
36.17x8.31x17.13x2.45% 501B
112.15x5.92x25.35x2.35% 358B
20.49x5x12.4x2.64% 366B
21.24x5.55x13.66x2.88% 288B
22x4.43x12.71x1.99% 261B
27.56x7.08x12.68x2.32% 235B
-45.98x7.04x27.26x2.1% 195B
Average 28.71x 6.71x 17.86x 2.01% 397.38B
Weighted average by Cap. 34.88x 8.13x 19.90x 1.83%

Y-o-Y evolution of P/E

Valuation ratios - P/E - UCB

Historical PBR trend

Valuation ratios - PBR - UCB

Evolution Enterprise Value / Sales

Valuation ratios - VE_REV - UCB

Change in Enterprise Value/EBITDA

Valuation ratios - VE_EBITDA - UCB


Year-on-year evolution of the Yield

Valuation ratios - Yield - UCB