Company Valuation: Vicat

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 1,591 1,038 1,458 1,630 3,385 2,756 - -
Change - -34.77% 40.49% 11.83% 107.6% -18.57% - -
Enterprise Value (EV) 1 2,941 2,658 2,880 2,867 4,536 3,905 3,604 3,480
Change - -9.65% 8.36% -0.44% 58.18% -13.91% -7.71% -3.43%
P/E 7.91x 6.74x 5.7x 6.02x 12.4x 9.81x 8.54x 8.76x
PBR 0.67x 0.4x - - 1.15x 0.85x 0.81x 0.72x
PEG - -0.3x 0.1x 1.05x 18.88x 3.37x 0.6x -3.6x
Capitalization / Revenue 0.51x 0.28x 0.37x 0.42x 0.88x 0.68x 0.66x 0.63x
EV / Revenue 0.94x 0.73x 0.73x 0.74x 1.18x 0.96x 0.87x 0.8x
EV / EBITDA 4.75x 4.66x 3.89x 3.66x 5.88x 4.88x 4.25x 3.89x
EV / EBIT 8.17x 9.34x 6.66x 6.27x 10.2x 8.41x 7.07x 6.43x
EV / FCF 56.2x -40.6x 10.3x 7.53x 12.9x 17.8x 14.8x 13.1x
FCF Yield 1.78% -2.46% 9.7% 13.3% 7.72% 5.63% 6.77% 7.65%
Dividend per Share 2 1.65 1.65 2 2 2 2.178 2.259 2
Rate of return 4.58% 7.04% 6.09% 5.46% 2.63% 3.52% 3.65% 3.23%
EPS 2 4.55 3.48 5.76 6.09 6.13 6.308 7.246 7.07
Distribution rate 36.3% 47.4% 34.7% 32.8% 32.6% 34.5% 31.2% 28.3%
Net sales 1 3,123 3,642 3,937 3,884 3,854 4,056 4,153 4,359
EBITDA 1 619.1 570.1 739.7 783 771 799.5 847.5 895.1
EBIT 1 359.9 284.5 432.8 457 445 464.4 509.5 541.2
Net income 1 204.2 156.1 258.4 273 275 255 311.8 308
Net Debt 1 1,351 1,620 1,422 1,237 1,151 1,149 847.6 724
Reference price 2 36.00 23.45 32.85 36.65 76.00 61.90 61.90 61.90
Nbr of stocks (in thousands) 44,192 44,257 44,385 44,488 44,538 44,527 - -
Announcement Date 2/15/22 A 2/14/23 A 2/13/24 A 2/18/25 A 2/16/26 A - - -
1EUR in Million2EUR
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
9.81x0.96x4.88x3.52% 3.2B
19.24x2.63x10.41x2.66% 47.76B
26.26x3.48x12.4x-.--% 16.24B
13.14x0.6x2.91x4.45% 12.95B
12.64x3.42x6.98x5.89% 13.06B
43.53x3.3x15.96x0.69% 8.52B
8.48x1.23x4.79x1.95% 7.99B
20.6x6.79x12.6x4.67% 7.1B
13.65x1.48x5.54x2.98% 6.43B
26.34x1.39x6.75x2.12% 5.83B
Average 19.37x 2.53x 8.32x 2.89% 12.91B
Weighted average by Cap. 19.67x 2.65x 9.15x 2.78%

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

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