Company Valuation: VusionGroup

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 1,184 1,923 2,166 2,846 3,418 2,262 - -
Change - 62.32% 12.68% 31.37% 20.11% -33.83% - -
Enterprise Value (EV) 1 1,176 1,963 2,139 2,453 2,979 2,151 2,011 1,758
Change - 66.91% 8.97% 14.68% 21.45% -27.79% -6.5% -12.63%
P/E 418x 103x 30.4x -103x 25.5x 16.7x 13.6x 12.2x
PBR 6.5x 9.87x 7.73x 11.5x 7.62x 4.35x 3.25x 2.6x
PEG - 0x 0x 1x -0x 16.26x 0.6x 1.1x
Capitalization / Revenue 2.8x 3.1x 2.7x 2.98x 2.32x 1.39x 1.24x 1.24x
EV / Revenue 2.78x 3.16x 2.67x 2.57x 2.02x 1.32x 1.1x 0.96x
EV / EBITDA 36.4x 33.5x 20.9x 15.3x 10.7x 6.46x 5.33x 4.6x
EV / EBIT 121x 62.5x 38.8x 31x 18.2x 9.59x 7.94x 6.71x
EV / FCF 640x -63.4x 13.3x 6.35x 45.9x -16.4x 11.8x 8.18x
FCF Yield 0.16% -1.58% 7.52% 15.8% 2.18% -6.09% 8.48% 12.2%
Dividend per Share 2 - - 0.3 0.6 0.9 0.975 1.274 1.444
Rate of return - - 0.22% 0.34% 0.44% 0.72% 0.94% 1.07%
EPS 2 0.18 1.18 4.46 -1.73 8.02 8.102 9.945 11.09
Distribution rate - - 6.73% -34.7% 11.2% 12% 12.8% 13%
Net sales 1 422.9 620.9 802 954.7 1,472 1,632 1,824 1,831
EBITDA 1 32.3 58.6 102.3 160.5 277.4 332.9 377.1 382.2
EBIT 1 9.7 31.4 55.1 79.1 163.9 224.4 253.4 261.9
Net income 1 2 18.7 79.77 -28.9 84.2 184 161 186.7
Net Debt 1 -8.3 40.5 -27.2 -392.8 -438.9 -110.5 -250.4 -504.3
Reference price 2 75.20 122.00 135.80 177.70 204.20 135.00 135.00 135.00
Nbr of stocks (in thousands) 15,751 15,759 15,953 16,016 16,740 16,754 - -
Announcement Date 3/3/22 8/3/23 3/5/24 26/2/25 26/2/26 - - -
1EUR in Million2EUR
Estimates

P/E, Detailed evolution



P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
32.83x11.62x21.21x0.84% 117B
46.09x7.74x33.4x1.59% 51.96B
27.29x1.27x14.38x-.--% 41.48B
20.81x1.77x8.69x1.45% 34.1B
29.7x2.14x14.23x1.54% 29.82B
29.68x4.53x18.07x-.--% 28.79B
10.83x6.06x16.79x1.38% 26.76B
30.81x4.78x19.01x0.74% 17.94B
25.04x3.17x13.27x-.--% 17.55B
Average 28.12x 4.78x 17.67x 0.84% 40.63B
Weighted average by Cap. 30.38x 6.49x 19.37x 0.89%

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