Company Valuation: VusionGroup

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 1,184 1,923 2,166 2,846 3,418 2,147 - -
Change - 62.32% 12.68% 31.37% 20.11% -37.19% - -
Enterprise Value (EV) 1 1,176 1,963 2,139 2,453 2,979 1,995 1,897 1,643
Change - 66.91% 8.97% 14.68% 21.45% -33.04% -4.93% -13.39%
P/E 418x 103x 30.4x -103x 25.5x 15.9x 13x 11.6x
PBR 6.5x 9.87x 7.73x 11.5x 7.62x 3.83x 3.11x 2.48x
PEG - 0x 0x 1x -0x 15.48x 0.6x 1x
Capitalization / Revenue 2.8x 3.1x 2.7x 2.98x 2.32x 1.29x 1.18x 1.17x
EV / Revenue 2.78x 3.16x 2.67x 2.57x 2.02x 1.2x 1.04x 0.9x
EV / EBITDA 36.4x 33.5x 20.9x 15.3x 10.7x 5.99x 5.03x 4.3x
EV / EBIT 121x 62.5x 38.8x 31x 18.2x 8.89x 7.49x 6.27x
EV / FCF 640x -63.4x 13.3x 6.35x 45.9x -15.2x 11.1x 7.65x
FCF Yield 0.16% -1.58% 7.52% 15.8% 2.18% -6.57% 8.99% 13.1%
Dividend per Share 2 - - 0.3 0.6 0.9 0.975 1.274 1.444
Rate of return - - 0.22% 0.34% 0.44% 0.75% 0.99% 1.12%
EPS 2 0.18 1.18 4.46 -1.73 8.02 8.102 9.945 11.09
Distribution rate - - 6.73% -34.7% 11.2% 12% 12.8% 13%
Net sales 1 422.9 620.9 802 954.7 1,472 1,665 1,824 1,831
EBITDA 1 32.3 58.6 102.3 160.5 277.4 332.9 377.1 382.2
EBIT 1 9.7 31.4 55.1 79.1 163.9 224.4 253.4 261.9
Net income 1 2 18.7 79.77 -28.9 84.2 153 161 186.7
Net Debt 1 -8.3 40.5 -27.2 -392.8 -438.9 -152 -250.4 -504.3
Reference price 2 75.20 122.00 135.80 177.70 204.20 129.20 129.20 129.20
Nbr of stocks (in thousands) 15,751 15,759 15,953 16,016 16,740 16,619 - -
Announcement Date 3/3/22 A 3/8/23 A 5/3/24 A 2/26/25 A 2/26/26 A - - -
1EUR in Million2EUR
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
34.12x6.35x19.36x0.66% 214B
61.15x7.63x26.14x0.71% 141B
34.41x12.23x22.34x0.8% 123B
13.47x0.31x6.78x3.73% 111B
41.96x6.89x22.53x0.83% 97.72B
75.33x8.08x37.26x0.19% 86.45B
25.33x9.09x18.46x0.5% 80.89B
45.53x6.37x24x0.01% 66B
20.27x3.41x13.04x1.32% 63.8B
Average 39.06x 6.70x 21.10x 0.97% 109.41B
Weighted average by Cap. 39.26x 6.83x 21.01x 0.99%

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