Company Valuation: Virbac

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 3,584 1,927 3,035 2,651 2,995 2,665 - -
Change - -46.24% 57.52% -12.67% 13% -11.01% - -
Enterprise Value (EV) 1 3,510 1,848 2,983 2,819 3,168 2,788 2,710 2,606
Change - -47.37% 61.45% -5.49% 12.37% -12% -2.79% -3.83%
P/E 31.7x 15.8x 25x 18.3x 19.9x 15.4x 13.8x 12.6x
PBR 4.95x 2.29x 3.34x 2.54x 2.66x 2.07x 1.83x 1.59x
PEG - 2.06x -72.15x 0.9x 5.23x 1.1x 1.2x 1.28x
Capitalization / Revenue 3.37x 1.58x 2.43x 1.9x 2.04x 1.72x 1.62x 1.54x
EV / Revenue 3.3x 1.52x 2.39x 2.02x 2.16x 1.8x 1.65x 1.51x
EV / EBITDA 16.3x 8.27x 12.8x 9.96x 10.9x 8.79x 7.74x 6.84x
EV / EBIT 20.8x 10.1x 16.1x 12.4x 13.8x 10.9x 9.57x 8.43x
EV / FCF 36.5x 40.7x 50.8x 22.8x 29.7x 31.5x 22.3x 17.5x
FCF Yield 2.74% 2.46% 1.97% 4.39% 3.37% 3.17% 4.49% 5.72%
Dividend per Share 2 1.25 1.32 1.32 1.45 1.45 1.724 2.041 2.382
Rate of return 0.29% 0.58% 0.37% 0.46% 0.41% 0.54% 0.64% 0.75%
EPS 2 13.4 14.43 14.38 17.34 18 20.62 22.97 25.24
Distribution rate 9.33% 9.15% 9.18% 8.36% 8.06% 8.36% 8.89% 9.44%
Net sales 1 1,064 1,216 1,247 1,397 1,465 1,547 1,644 1,732
EBITDA 1 215.1 223.4 232.8 283 289.5 317.2 350.1 381.1
EBIT 1 168.9 182.8 184.9 227.5 229.7 256.9 283.2 309.2
Net income 1 113.2 122 121.3 145.3 150.9 173.9 193.7 213.5
Net Debt 1 -73.83 -79.36 -52.36 168.5 172.8 122.4 44.72 -59.04
Reference price 2 424.50 228.00 359.50 316.50 357.50 318.00 318.00 318.00
Nbr of stocks (in thousands) 8,443 8,451 8,443 8,375 8,378 8,382 - -
Announcement Date 22/3/22 23/3/23 19/3/24 13/3/25 17/3/26 - - -
1EUR in Million2EUR
Estimates

P/E, Detailed evolution



P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
32.87x11.93x24.1x0.6% 1,032B
28.34x6.29x17.98x2.1% 614B
37.73x7.89x16.32x2.6% 471B
103.26x5.79x24.59x2.4% 350B
19.01x4.63x11.48x2.86% 337B
19.87x5.19x12.84x3.07% 268B
20.52x4.22x12.02x2.1% 246B
25.43x6.65x11.85x2.51% 218B
-43.62x6.37x24.89x2.28% 179B
Average 27.04x 6.55x 17.34x 2.28% 412.76B
Weighted average by Cap. 32.24x 7.67x 18.71x 1.95%

Y-o-Y evolution of P/E

Valuation ratios - P/E - Virbac

Historical PBR trend

Valuation ratios - PBR - Virbac

Evolution Enterprise Value / Sales

Valuation ratios - VE_REV - Virbac

Change in Enterprise Value/EBITDA

Valuation ratios - VE_EBITDA - Virbac


Year-on-year evolution of the Yield

Valuation ratios - Yield - Virbac