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 2,895 - -
Change - -46.24% 57.52% -12.67% 13% -3.36% - -
Enterprise Value (EV) 1 3,510 1,848 2,983 2,819 3,168 3,021 2,970 2,853
Change - -47.37% 61.45% -5.49% 12.37% -4.63% -1.71% -3.92%
P/E 31.7x 15.8x 25x 18.3x 19.9x 17x 15.3x 13.9x
PBR 4.95x 2.29x 3.34x 2.54x 2.66x 2.27x 2x 1.78x
PEG - 2.06x -72.15x 0.9x 5.23x 1.3x 1.4x 1.43x
Capitalization / Revenue 3.37x 1.58x 2.43x 1.9x 2.04x 1.87x 1.76x 1.67x
EV / Revenue 3.3x 1.52x 2.39x 2.02x 2.16x 1.95x 1.8x 1.65x
EV / EBITDA 16.3x 8.27x 12.8x 9.96x 10.9x 9.59x 8.6x 7.65x
EV / EBIT 20.8x 10.1x 16.1x 12.4x 13.8x 11.9x 10.7x 9.41x
EV / FCF 36.5x 40.7x 50.8x 22.8x 29.7x 35.7x 24.7x 19.3x
FCF Yield 2.74% 2.46% 1.97% 4.39% 3.37% 2.8% 4.04% 5.19%
Dividend per Share 2 1.25 1.32 1.32 1.45 1.45 1.724 2.044 2.383
Rate of return 0.29% 0.58% 0.37% 0.46% 0.41% 0.5% 0.59% 0.69%
EPS 2 13.4 14.43 14.38 17.34 18 20.38 22.58 24.77
Distribution rate 9.33% 9.15% 9.18% 8.36% 8.06% 8.46% 9.05% 9.62%
Net sales 1 1,064 1,216 1,247 1,397 1,465 1,550 1,647 1,733
EBITDA 1 215.1 223.4 232.8 283 289.5 314.9 345.3 373
EBIT 1 168.9 182.8 184.9 227.5 229.7 254 278 303.2
Net income 1 113.2 122 121.3 145.3 150.9 171.1 189.9 208.8
Net Debt 1 -73.83 -79.36 -52.36 168.5 172.8 126.7 75.16 -41.24
Reference price 2 424.50 228.00 359.50 316.50 357.50 345.50 345.50 345.50
Nbr of stocks (in thousands) 8,443 8,451 8,443 8,375 8,378 8,378 - -
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 (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
16.95x1.95x9.59x0.5% 3.3B
12.13x4.04x9.22x2.77% 32.49B
260.41x3.11x15.68x-.--% 12.75B
7.55x1.08x4x3.48% 3.73B
34.9x3.96x14.1x-.--% 1.92B
47.12x - - 0.76% 1.8B
14.69x1.35x8.03x1.31% 1.47B
16.11x2.03x9.38x1.91% 1.05B
32x - - 0.47% 966M
15.37x1.1x5.23x1.27% 964M
Average 45.72x 2.33x 9.40x 1.25% 6.04B
Weighted average by Cap. 66.73x 3.36x 10.40x 1.85%

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