Company Valuation: Balchem Corporation

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 5,460 3,924 4,796 5,299 4,967 5,658 - -
Change - -28.13% 22.22% 10.48% -6.26% 13.92% - -
Enterprise Value (EV) 1 5,460 4,298 5,041 5,439 5,056 5,694 5,619 5,526
Change - -21.27% 17.29% 7.9% -7.04% 12.61% -1.32% -1.66%
P/E 57.3x 37.6x 44.4x 41.5x 32.3x 32.9x 31.5x -
PBR 6.28x 4.22x 4.58x 4.61x 3.91x - - -
PEG - 3.6x 14.43x 2.4x 1.5x 2.4x 7.51x -
Capitalization / Revenue 6.83x 4.16x 5.2x 5.56x 4.79x 5x 4.73x 4.49x
EV / Revenue 6.83x 4.56x 5.46x 5.7x 4.88x 5.03x 4.7x 4.39x
EV / EBITDA 28.8x 21.2x 21.8x 21.7x 18.4x 18.5x 17.4x 15.7x
EV / EBIT 42.8x 29.6x 31.7x 29.7x 24.2x 23.3x 22.1x 18.5x
EV / FCF 44.4x 48.7x 34.6x 37.2x 29.1x 33x 26.1x -
FCF Yield 2.25% 2.05% 2.89% 2.69% 3.43% 3.03% 3.83% -
Dividend per Share 2 - - - - 0.96 1.173 1.303 1.433
Rate of return - - - - 0.63% 0.66% 0.73% 0.81%
EPS 2 2.94 3.25 3.35 3.93 4.75 5.403 5.63 -
Distribution rate - - - - 20.2% 21.7% 23.2% -
Net sales 1 799 942.4 922.4 953.7 1,037 1,132 1,196 1,260
EBITDA 1 189.8 202.9 230.9 250.3 274.9 307.1 322.4 351
EBIT 1 127.5 145.2 159.2 182.9 209.3 244.5 253.9 298
Net income 1 96.1 105.4 108.5 128.5 154.8 174.8 182.2 -
Net Debt 1 - 374 245.1 140.5 89.43 35.51 -39.68 -132.8
Reference price 2 168.60 122.11 148.75 163.00 153.36 177.50 177.50 177.50
Nbr of stocks (in thousands) 32,382 32,135 32,241 32,508 32,386 31,878 - -
Announcement Date 18/02/22 24/02/23 16/02/24 21/02/25 20/02/26 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution

P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
32.85x5.03x18.54x0.66% 5.66B
37.82x5.15x20.87x1.03% 80.45B
29.66x4.47x19.33x2.24% 38B
25.4x3.02x15.64x2.05% 37.52B
13.85x1.35x8.28x2.28% 24.66B
11.48x3.16x6.31x2.35% 23.52B
35.92x8.8x26.77x2.55% 22.52B
25.66x2.77x11.24x1.76% 18.46B
14.19x2.86x6.5x1.14% 16.7B
23.3x2.84x13.05x1.43% 14.59B
Average 25.01x 3.94x 14.66x 1.75% 28.21B
Weighted average by Cap. 27.58x 4.15x 16.19x 1.74%

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

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