Company Valuation: UCB

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 18,947 13,973 14,969 36,464 45,333 43,700 - -
Change - -26.25% 7.12% 143.6% 24.32% -3.6% - -
Enterprise Value (EV) 1 19,807 15,973 17,146 37,918 45,326 43,928 41,760 39,171
Change - -19.36% 7.34% 121.15% 19.54% -3.08% -4.94% -6.2%
P/E 17.9x 33.4x 44.8x 34.3x 29.1x 23.3x 18.9x 15.4x
PBR 2.32x 1.58x 1.67x 3.64x 4.18x 3.7x 3.2x 2.64x
PEG - -0.6x -2.2x 0x 0.6x 1.2x 0.8x 0.7x
Capitalization / Revenue 3.28x 2.53x 2.85x 5.93x 5.86x 5.05x 4.51x 4.05x
EV / Revenue 3.43x 2.9x 3.26x 6.16x 5.86x 5.08x 4.31x 3.63x
EV / EBITDA 12.1x 12.7x 12.7x 25.7x 17.2x 14.8x 11.4x 9.07x
EV / EBIT 15x 23.7x 26.1x 45.4x 22.6x 18x 13.9x 10.6x
EV / FCF 15.6x 18.4x 38.5x 41.2x 24.6x 20.7x 15.7x 12.4x
FCF Yield 6.42% 5.43% 2.6% 2.43% 4.06% 4.83% 6.35% 8.09%
Dividend per Share 2 1.3 1.33 1.36 1.39 1.45 1.457 1.502 1.534
Rate of return 1.3% 1.81% 1.72% 0.72% 0.61% 0.64% 0.66% 0.67%
EPS 2 5.6 2.2 1.76 5.61 8.2 9.85 12.11 14.92
Distribution rate 23.2% 60.5% 77.3% 24.8% 17.7% 14.8% 12.4% 10.3%
Net sales 1 5,777 5,517 5,252 6,152 7,741 8,650 9,700 10,801
EBITDA 1 1,641 1,260 1,349 1,476 2,636 2,975 3,654 4,318
EBIT 1 1,318 675 657 836 2,009 2,438 3,005 3,707
Net income 1 1,058 418 343 1,065 1,558 1,873 2,342 2,870
Net Debt 1 860 2,000 2,177 1,454 -7 228.2 -1,940 -4,529
Reference price 2 100.35 73.56 78.90 192.20 238.60 229.20 229.20 229.20
Nbr of stocks (in thousands) 188,812 189,959 189,721 189,720 189,996 190,663 - -
Announcement Date 24/2/22 22/2/23 28/2/24 27/2/25 24/2/26 - - -
1EUR in Million2EUR
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
23.27x5.08x14.76x0.64% 50.46B
18.15x4.14x9.73x0.51% 76.75B
36.31x12.41x23.62x-.--% 48.5B
-59.22x3.44x10.16x3.1% 44.14B
37.6x3.42x12.82x-.--% 30.53B
53.46x3.37x26.12x-.--% 24.28B
-6.56x8.93x-5.76x-.--% 22.46B
68.17x6.51x43.28x-.--% 20.04B
-36.51x17.55x-48.02x-.--% 16.03B
23.1x4.97x12.95x-.--% 16.14B
Average 15.78x 6.98x 9.97x 0.42% 34.93B
Weighted average by Cap. 14.79x 6.32x 12.28x 0.6%

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