Company Valuation: Assystem

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 554.4 600.4 736.4 701.6 634.2 641 - -
Change - 8.3% 22.65% -4.73% -9.6% 1.08% - -
Enterprise Value (EV) 1 653.7 651.3 788.6 750.9 693.9 680.3 667.2 631.5
Change - -0.37% 21.08% -4.79% -7.59% -1.95% -1.93% -5.34%
P/E 16.4x 12.5x 7.29x 87.9x 85.7x 16x 14.5x 13.3x
PBR 1.57x 1.82x 1.53x 2.35x 2.21x 2.04x 1.88x 1.72x
PEG - 0.3x 0x -1x -10.86x 0x 1.4x 1.54x
Capitalization / Revenue 1.15x 1.22x 1.28x 1.15x 0.97x 0.95x 0.92x 0.88x
EV / Revenue 1.35x 1.32x 1.37x 1.23x 1.06x 1.01x 0.95x 0.86x
EV / EBITDA 14.8x 13.7x 13.9x 13.1x 11.2x 10.7x 10.1x 9.23x
EV / EBIT 21.4x 20.9x 18.7x 30.9x 15.4x 14.3x 13.5x 12.1x
EV / FCF 97.6x 20.6x 25.4x 21.7x 16.4x 17.3x 16.2x 14.2x
FCF Yield 1.02% 4.85% 3.93% 4.61% 6.08% 5.78% 6.18% 7.04%
Dividend per Share 2 1 1 - 1 1 0.97 0.97 1.003
Rate of return 2.67% 2.46% - 2.1% 2.34% 2.25% 2.25% 2.32%
EPS 2 2.281 3.242 6.789 0.5408 0.4981 2.702 2.987 3.245
Distribution rate 43.8% 30.8% - 185% 201% 35.9% 32.5% 30.9%
Net sales 1 483.1 493.5 577.5 611.3 656.6 674.8 700.5 730.1
EBITDA 1 44.1 47.5 56.9 57.1 61.8 63.87 66.19 68.45
EBIT 1 30.5 31.2 42.1 24.3 45 47.62 49.57 52.28
Net income 1 34.2 48.9 102 8.3 7.4 42.15 46.15 50.7
Net Debt 1 99.3 50.9 52.2 49.3 59.7 39.3 26.14 -9.506
Reference price 2 37.50 40.60 49.50 47.55 42.70 43.20 43.20 43.20
Nbr of stocks (in thousands) 14,785 14,788 14,877 14,754 14,852 14,839 - -
Announcement Date 15/3/22 14/3/23 13/3/24 18/3/25 10/3/26 - - -
1EUR in Million2EUR
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
15.91x1x10.6x2.26% 727M
60.9x2.64x25.8x0.07% 88.29B
13.2x1.07x5.85x4.45% 71.51B
33.56x4.22x22.9x0.2% 57.14B
25.7x2.02x19.66x1.24% 55.19B
53.88x4.49x28.69x1.71% 44.52B
31x0.74x12.23x2.05% 37.04B
25.37x0.5x7.96x2.35% 32.48B
24.09x1.56x14.99x0.2% 31.37B
4.78x0.3x5.8x5.97% 28.33B
Average 28.84x 1.85x 15.45x 2.05% 44.66B
Weighted average by Cap. 33.43x 2.16x 17.29x 1.81%

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