Company Valuation: Rubis

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 2,690 2,531 2,320 2,461 3,307 3,605 - -
Change - -5.89% -8.35% 6.11% 34.34% 9.02% - -
Enterprise Value (EV) 1 3,128 3,817 3,680 3,753 4,473 5,145 5,231 5,261
Change - 22.05% -3.6% 2% 19.16% 15.02% 1.69% 0.57%
P/E 9.18x 9.65x 6.58x 7.24x 10.8x 10.3x 10.1x 9.63x
PBR 1.03x 0.93x 0.88x 0.87x - 1.2x 1.15x 1.1x
PEG - -0.9x 0.2x -2.06x -1.11x 0.7x 6.99x 1.83x
Capitalization / Revenue 0.59x 0.35x 0.35x 0.37x 0.51x 0.47x 0.48x 0.46x
EV / Revenue 0.68x 0.53x 0.56x 0.56x 0.68x 0.68x 0.7x 0.68x
EV / EBITDA 5.88x 5.7x 4.61x 5.21x 6.04x 6.59x 6.43x 6.23x
EV / EBIT 7.98x 7.5x 5.92x 7.45x 9.19x 9.3x 9.55x 9.22x
EV / FCF 35.2x 22.7x 13.2x 8.99x 12.5x 27.2x 28.3x 29.7x
FCF Yield 2.84% 4.41% 7.59% 11.1% 8.02% 3.67% 3.53% 3.36%
Dividend per Share 2 1.86 1.92 1.98 2.03 2.07 2.181 2.251 2.357
Rate of return 7.08% 7.8% 8.8% 8.5% 6.46% 6.25% 6.45% 6.76%
EPS 2 2.86 2.55 3.42 3.3 2.98 3.392 3.441 3.622
Distribution rate 65% 75.3% 57.9% 61.5% 69.5% 64.3% 65.4% 65.1%
Net sales 1 4,589 7,135 6,630 6,644 6,534 7,590 7,440 7,781
EBITDA 1 532 669.5 797.9 721 740.8 780.4 813.8 844.7
EBIT 1 392 509 621.4 503.8 486.5 553.4 547.9 570.3
Net income 1 293 262.9 353.7 342.3 308.8 347.1 355.4 371.2
Net Debt 1 438 1,286 1,360 1,292 1,166 1,539 1,626 1,656
Reference price 2 26.26 24.60 22.50 23.88 32.06 34.88 34.88 34.88
Nbr of stocks (in thousands) 102,419 102,888 103,101 103,077 103,139 103,356 - -
Announcement Date 10/3/22 16/3/23 7/3/24 13/3/25 12/3/26 - - -
1EUR in Million2EUR
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
10.28x0.68x6.59x6.25% 4.19B
17.23x0.4x8.25x5.42% 5.05B
16.67x0.19x7.05x3.49% 4.5B
6.87x0.3x6.66x8.71% 3.49B
12x0.05x5.21x2.52% 1.81B
10.64x0.48x6.49x7.11% 1.71B
5.63x0.58x7.81x4.3% 1.69B
Average 11.33x 0.38x 6.87x 5.4% 3.21B
Weighted average by Cap. 12.41x 0.38x 7.04x 5.51%

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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