Company Valuation: Maurel

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 510 848 1,338 1,168 1,290 1,741 - -
Change - 66.25% 57.78% -12.71% 10.42% 35% - -
Enterprise Value (EV) 1 853 1,048 1,458 1,134 1,111 1,417 1,181 1,051
Change - 22.85% 39.12% -22.22% -2.05% 27.56% -16.62% -11.04%
P/E 4.25x 4.17x 6.41x 5.03x 3.16x 6.61x 7.23x 7.11x
PBR 0.76x 0.99x 1.31x 1x 0.86x 0.99x 1.07x 1.02x
PEG - 0.1x 3.3x 0.4x 0x -0.2x -0.85x 4.3x
Capitalization / Revenue 1.02x 1.25x 1.96x 1.45x 2.23x 2.59x 2.31x 2.31x
EV / Revenue 1.71x 1.55x 2.14x 1.4x 1.92x 2.11x 1.57x 1.4x
EV / EBITDA 3.05x 2.37x 4.06x 3.08x 4.46x 3.62x 3.09x 2.83x
EV / EBIT 5.4x 2.98x 7.55x 4.4x 2.76x 5.07x 4.98x 4.74x
EV / FCF 7.35x 3.98x 11.7x 8.62x -50.5x 12.6x 4.04x 4.88x
FCF Yield 13.6% 25.1% 8.55% 11.6% -1.98% 7.92% 24.8% 20.5%
Dividend per Share 2 0.0774 0.2465 0.249 0.3574 0.3804 0.4767 0.3715 0.3243
Rate of return 2.99% 5.75% 3.7% 6.08% 5.86% 5.47% 4.26% 3.72%
EPS 2 0.61 1.03 1.05 1.17 2.05 1.318 1.206 1.226
Distribution rate 12.7% 23.9% 23.7% 30.5% 18.6% 36.2% 30.8% 26.4%
Net sales 1 500 676 682 808 578 672.9 752.6 752.6
EBITDA 1 280 443 359 368 249 391.1 382.4 371.5
EBIT 1 158 352 193 258 403 279.5 237.1 221.7
Net income 1 121 206 210 233 410 287.5 234.5 262.1
Net Debt 1 343 200 120 -34 -179 -324.3 -559.7 -690.1
Reference price 2 2.593 4.291 6.732 5.881 6.487 8.720 8.720 8.720
Nbr of stocks (in thousands) 196,702 197,616 198,754 198,610 198,807 199,665 - -
Announcement Date 18/3/22 14/3/23 1/3/24 6/3/25 12/3/26 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
11.8x2.31x5.11x2.71% 150B
11.89x3.16x6.14x3.72% 97.19B
8.15x2.46x4.3x3% 72.26B
18.3x4.13x10.96x5.35% 69.76B
9.54x1.42x4.64x1.97% 57.47B
6.86x2.36x3.73x1.85% 55.3B
8.78x2.42x4.79x2.41% 52.94B
11.11x3.31x4.72x2.37% 51.47B
12.03x3.24x4.9x6.25% 42.15B
Average 10.94x 2.76x 5.48x 3.29% 72.1B
Weighted average by Cap. 11.20x 2.72x 5.57x 3.22%

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