Company Valuation: Lear Corporation

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 10,907 7,330 8,227 5,146 5,944 5,822 - -
Change - -32.79% 12.23% -37.45% 15.51% -2.06% - -
Enterprise Value (EV) 1 12,185 8,827 9,801 6,853 7,651 7,477 7,300 7,061
Change - -27.55% 11.03% -30.08% 11.64% -2.28% -2.36% -3.27%
P/E 29.6x 22.7x 14.6x 10.6x 14.1x 9.01x 6.88x 6.02x
PBR 2.35x 1.57x 1.64x 1.14x 1.15x 1.12x 1.01x 0.91x
PEG - -2x 0.2x -1.45x -1.54x 0.1x 0.2x 0.4x
Capitalization / Revenue 0.57x 0.35x 0.35x 0.22x 0.26x 0.24x 0.24x 0.23x
EV / Revenue 0.63x 0.42x 0.42x 0.29x 0.33x 0.31x 0.3x 0.28x
EV / EBITDA 8.7x 6.1x 5.68x 3.99x 4.59x 4.28x 4.01x 3.63x
EV / EBIT 14.8x 10.1x 8.75x 6.25x 7.2x 6.51x 6.03x 5.32x
EV / FCF 143x 23x 15.4x 12.2x 14.5x 11.7x 11.3x 9.83x
FCF Yield 0.7% 4.34% 6.51% 8.19% 6.89% 8.56% 8.85% 10.2%
Dividend per Share 2 1.77 3.08 3.08 3.08 3.08 3.207 3.08 3.099
Rate of return 0.97% 2.48% 2.18% 3.25% 2.69% 2.72% 2.61% 2.63%
EPS 2 6.19 5.47 9.68 8.97 8.15 13.11 17.16 19.62
Distribution rate 28.6% 56.3% 31.8% 34.3% 37.8% 24.5% 18% 15.8%
Net sales 1 19,263 20,892 23,467 23,306 23,259 23,813 24,120 24,839
EBITDA 1 1,400 1,447 1,724 1,717 1,667 1,748 1,820 1,943
EBIT 1 826 870.5 1,120 1,096 1,062 1,148 1,210 1,328
Net income 1 373.9 327.7 572.5 506.6 436.8 662.4 837.2 929.8
Net Debt 1 1,278 1,497 1,574 1,707 1,706 1,655 1,478 1,239
Reference price 2 182.95 124.02 141.21 94.70 114.60 118.03 118.03 118.03
Nbr of stocks (in thousands) 59,617 59,106 58,260 54,341 51,870 49,325 - -
Announcement Date 8/2/22 2/2/23 6/2/24 6/2/25 4/2/26 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution



P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
18.06x1.98x10.86x1.62% 71.11B
20.05x1.37x10.56x1.85% 46.02B
14.43x0.65x4.7x4% 32.17B
11.82x0.56x4.91x3.97% 29.51B
7.91x0.47x5.97x1.91% 23.96B
14.38x2.6x8.96x4.24% 20.23B
30.31x1.2x12.66x0.61% 17.94B
19.63x0.86x10.38x3.37% 17.33B
10.25x0.48x4.72x3.1% 16.95B
Average 16.31x 1.13x 8.19x 2.74% 30.58B
Weighted average by Cap. 16.56x 1.27x 8.60x 2.54%

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