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 2,825 - -
Change - -46.24% 57.52% -12.67% 13% -5.69% - -
Enterprise Value (EV) 1 3,510 1,848 2,983 2,819 3,168 2,947 2,869 2,766
Change - -47.37% 61.45% -5.49% 12.37% -6.97% -2.64% -3.62%
P/E 31.7x 15.8x 25x 18.3x 19.9x 16.3x 14.7x 13.4x
PBR 4.95x 2.29x 3.34x 2.54x 2.66x 2.19x 1.94x 1.69x
PEG - 2.06x -72.15x 0.9x 5.23x 1.1x 1.3x 1.36x
Capitalization / Revenue 3.37x 1.58x 2.43x 1.9x 2.04x 1.82x 1.72x 1.63x
EV / Revenue 3.3x 1.52x 2.39x 2.02x 2.16x 1.9x 1.75x 1.6x
EV / EBITDA 16.3x 8.27x 12.8x 9.96x 10.9x 9.27x 8.19x 7.26x
EV / EBIT 20.8x 10.1x 16.1x 12.4x 13.8x 11.5x 10.1x 8.96x
EV / FCF 36.5x 40.7x 50.8x 22.8x 29.7x 33.3x 23.6x 18.6x
FCF Yield 2.74% 2.46% 1.97% 4.39% 3.37% 3% 4.24% 5.39%
Dividend per Share 2 1.25 1.32 1.32 1.45 1.45 1.769 2.14 2.568
Rate of return 0.29% 0.58% 0.37% 0.46% 0.41% 0.53% 0.63% 0.76%
EPS 2 13.4 14.43 14.38 17.34 18 20.68 22.97 25.24
Distribution rate 9.33% 9.15% 9.18% 8.36% 8.06% 8.56% 9.32% 10.2%
Net sales 1 1,064 1,216 1,247 1,397 1,465 1,551 1,644 1,732
EBITDA 1 215.1 223.4 232.8 283 289.5 318 350.1 381.1
EBIT 1 168.9 182.8 184.9 227.5 229.7 257.1 282.8 308.8
Net income 1 113.2 122 121.3 145.3 150.9 174.5 193.7 213.5
Net Debt 1 -73.83 -79.36 -52.36 168.5 172.8 122.4 44.72 -59.04
Reference price 2 424.50 228.00 359.50 316.50 357.50 337.00 337.00 337.00
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 (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
16.3x1.9x9.27x0.52% 3.18B
35.96x12.96x27.14x0.55% 1,120B
37.4x6.3x17.74x2.09% 616B
36.43x8.36x17.24x2.43% 504B
20.46x4.99x12.38x2.64% 367B
106.52x5.95x25.12x2.33% 360B
21.18x5.54x13.63x2.88% 288B
21.7x4.38x12.55x2.01% 258B
27.46x7.06x12.64x2.33% 234B
-45.63x6.99x27.07x2.11% 194B
Average 27.78x 6.44x 17.48x 1.99% 394.41B
Weighted average by Cap. 34.71x 8.20x 20.03x 1.84%

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