Company Valuation: Bourse Direct

Data adjusted to current consolidation scope
Fiscal Period: December 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 188.7 280.5 224.5 227.6 278.7 - -
Change - 48.65% -19.97% 1.38% 22.45% - -
Enterprise Value (EV) 1 188.7 224 267.1 280.4 216.2 210.2 201.5
Change - 18.71% 19.24% 4.97% -22.9% -2.78% -4.14%
P/E 31.1x 17.5x 11.8x 11.6x 12x 11.3x 10.8x
PBR - - - - - - -
PEG - 0x 0.5x 4.29x 0.7x 1.7x 2.59x
Capitalization / Revenue - 4.1x 2.94x 2.95x 3.44x 3.36x 3.27x
EV / Revenue - 3.27x 3.5x 3.63x 2.67x 2.54x 2.37x
EV / EBITDA - 8.89x 9.09x 9.32x 6.51x 6.07x 5.63x
EV / EBIT - 10.3x 10.3x 10.5x 6.97x 6.45x 5.89x
EV / FCF - 10.1x 16.4x 17.6x 13.3x 10.8x 8.72x
FCF Yield - 9.93% 6.09% 5.69% 7.49% 9.28% 11.5%
Dividend per Share 2 - - 0.2 0.24 0.26 0.28 0.3
Rate of return - - 4.6% 5.44% 4.81% 5.19% 5.56%
EPS 2 0.11 0.3 0.37 0.38 0.45 0.48 0.5
Distribution rate - - 54.1% 63.2% 57.8% 58.3% 60%
Net sales 1 - 68.5 76.4 77.2 80.9 82.9 85.1
EBITDA 1 - 25.19 29.4 30.1 33.2 34.6 35.8
EBIT 1 - 21.82 26 26.7 31 32.6 34.2
Net income 1 5.685 15.9 19.1 19.7 23 24.2 25.4
Net Debt 1 - -56.49 42.62 52.8 -62.5 -68.5 -77.2
Reference price 2 3.420 5.260 4.350 4.410 5.400 5.400 5.400
Nbr of stocks (in thousands) 55,179 53,330 51,609 51,609 51,609 - -
Announcement Date 20/4/23 23/2/24 28/2/25 20/2/26 - - -
1EUR in Million2EUR
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
12x2.67x6.51x4.81% 316M
22.31x13.49x18.92x4.52% 94.65B
21.3x9.39x13.99x1.4% 85.44B
24.09x14.52x18.14x3.7% 62.31B
22.93x8.58x14.29x1.65% 58.65B
26.36x4.94x9.83x2.03% 52.02B
25.82x10.04x16.75x1.31% 51.34B
28.72x7.91x14.53x0.59% 21.23B
28.31x13.23x20.38x2.25% 18.72B
Average 23.54x 9.42x 14.82x 2.47% 49.41B
Weighted average by Cap. 23.88x 10.52x 15.78x 2.48%

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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  2. Stocks
  3. BSD Stock
  4. Valuation Bourse Direct