Company Valuation: Icade

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 4,776 3,044 2,693 1,741 1,668 1,123 - -
Change - -36.26% -11.54% -35.33% -4.21% -32.66% - -
Enterprise Value (EV) 1 11,709 9,921 6,141 5,195 5,114 4,114 3,865 3,680
Change - -15.28% -38.1% -15.41% -1.55% -19.56% -6.06% -4.79%
P/E 11.8x 56.4x -2.15x -6.31x -13.6x -12.6x 7.25x 5.15x
PBR 0.71x 0.46x 0.54x 0.4x 0.43x 0.3x 0.3x 0.3x
PEG - -0.7x 0x 0.1x 0.2x 0.5x -0x 0.1x
Capitalization / Revenue 2.88x 1.68x 1.76x 1.11x 1.15x 0.84x 0.82x 0.79x
EV / Revenue 7.05x 5.46x 4.02x 3.3x 3.53x 3.09x 2.83x 2.57x
EV / EBITDA 18.7x 15.3x 21.7x 21.7x 17.5x 15x 14.8x 13.7x
EV / EBIT 14.6x 25.9x 22.7x 18.7x 17.4x 13.8x 12.8x 12.5x
EV / FCF -23.5x -42.4x 4.66x 31.3x 21.6x 6.17x 7.75x 6.43x
FCF Yield -4.25% -2.36% 21.5% 3.2% 4.63% 16.2% 12.9% 15.5%
Dividend per Share 2 4.2 4.33 4.84 4.31 1.92 1.946 1.797 2.022
Rate of return 6.66% 10.8% 13.6% 18.8% 8.73% 13.1% 12.1% 13.6%
EPS 2 5.328 0.7136 -16.5 -3.64 -1.62 -1.177 2.045 2.876
Distribution rate 78.8% 607% -29.3% -118% -119% -165% 87.9% 70.3%
Net sales 1 1,661 1,816 1,528 1,572 1,450 1,332 1,366 1,430
EBITDA 1 625.5 650.3 283 239 292.5 273.7 261.7 268.7
EBIT 1 800.6 382.5 270.1 277.5 294.6 297.6 301.4 295.3
Net income 1 400.1 54.1 -1,250 -275.9 -123 -22.41 182.8 230.5
Net Debt 1 6,933 6,876 3,448 3,454 3,446 2,991 2,742 2,557
Reference price 2 63.10 40.24 35.54 22.98 22.00 14.82 14.82 14.82
Nbr of stocks (in thousands) 75,691 75,652 75,770 75,778 75,825 75,797 - -
Announcement Date 21/2/22 20/2/23 19/2/24 18/2/25 17/2/26 - - -
1EUR in Million2EUR
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
-12.46x3.08x14.99x13.27% 1.24B
21.27x12.7x14.86x5.82% 14.67B
8.45x14.35x18.51x6.37% 7.25B
12.49x14.81x15.78x5.11% 6.43B
21.31x13.64x15.24x4.68% 5.98B
8.14x13.79x17.57x5.86% 5.71B
9.74x14.4x15.39x7.14% 5.68B
9.16x16.12x19.46x8.76% 5.3B
12.59x11.47x13.09x5.48% 5.08B
18.37x9.85x12.52x6.55% 4.32B
Average 10.90x 12.42x 15.74x 6.91% 6.17B
Weighted average by Cap. 13.93x 13.26x 15.81x 6.25%

Y-o-Y evolution of P/E

Valuation ratios - P/E - Icade

Historical PBR trend

Valuation ratios - PBR - Icade

Evolution Enterprise Value / Sales

Valuation ratios - VE_REV - Icade

Change in Enterprise Value/EBITDA

Valuation ratios - VE_EBITDA - Icade


Year-on-year evolution of the Yield

Valuation ratios - Yield - Icade