Company Valuation: Safran

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 45,891 49,905 66,595 88,393 124,127 138,250 - -
Change - 8.75% 33.44% 32.73% 40.43% 11.38% - -
Enterprise Value (EV) 1 47,435 49,891 66,221 86,655 122,389 133,917 131,666 129,185
Change - 5.18% 32.73% 30.86% 41.24% 9.42% -1.68% -1.88%
P/E 1,077x -20.3x 19.8x -133x 17.3x 33.4x 26.4x 23.5x
PBR 3.58x 4.77x 5.94x 8.77x 8.38x 8.72x 7.52x 6.45x
PEG - 0x -0x 1x -0x -0.8x 1x 1.9x
Capitalization / Revenue 3.01x 2.62x 2.87x 3.24x 3.96x 3.79x 3.44x 3.15x
EV / Revenue 3.11x 2.62x 2.85x 3.17x 3.91x 3.67x 3.28x 2.95x
EV / EBITDA 17.1x 13.6x 14.4x 16x 17.4x 16.6x 14.7x 13.1x
EV / EBIT 26.3x 20.7x 20.9x 21x 23.5x 20.4x 17.8x 15.8x
EV / FCF 28.2x 18.7x 22.5x 27.2x 31.2x 27.9x 24.7x 21.4x
FCF Yield 3.54% 5.34% 4.45% 3.68% 3.2% 3.58% 4.06% 4.67%
Dividend per Share 2 0.5 1.35 1.35 2.9 3.35 4.127 5.182 5.82
Rate of return 0.46% 1.15% 0.85% 1.37% 1.13% 1.24% 1.55% 1.75%
EPS 2 0.1 -5.76 8.07 -1.6 17.17 9.983 12.62 14.17
Distribution rate 500% -23.4% 16.7% -181% 19.5% 41.3% 41.1% 41.1%
Net sales 1 15,257 19,035 23,199 27,317 31,329 36,521 40,203 43,856
EBITDA 1 2,778 3,667 4,599 5,413 7,015 8,048 8,982 9,853
EBIT 1 1,805 2,408 3,166 4,119 5,197 6,553 7,396 8,192
Net income 1 43 -2,459 3,444 -667 7,177 4,126 5,265 5,907
Net Debt 1 1,544 -14 -374 -1,738 -1,738 -4,334 -6,584 -9,065
Reference price 2 107.66 116.92 159.46 212.10 297.40 333.50 333.50 333.50
Nbr of stocks (in thousands) 426,262 426,828 417,625 416,751 417,373 414,544 - -
Announcement Date 24/2/22 17/2/23 15/2/24 14/2/25 12/2/26 - - -
1EUR in Million2EUR
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
33.41x3.67x16.64x1.24% 161B
47.25x10.57x32.81x0.2% 103B
32.14x9.09x17.34x-.--% 64.23B
51.65x7.49x26.36x0.08% 38.28B
19.55x2.06x10.84x1.35% 21.76B
36.47x5.57x24.78x0.18% 20.93B
200.2x - - - 15.9B
47.71x - - - 8.21B
20.63x1.54x11.02x-.--% 8.07B
51.86x3.14x16.38x - 4.78B
Average 54.09x 5.39x 19.52x 0.43% 44.62B
Weighted average by Cap. 43.64x 6.50x 21.58x 0.61%

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