Company Valuation: Bourse Direct

Data adjusted to current consolidation scope
Fiscal Period: December 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 188.7 280.5 224.5 227.6 272.5 - -
Change - 48.65% -19.97% 1.38% 19.73% - -
Enterprise Value (EV) 1 188.7 224 267.1 280.4 210 204 195.3
Change - 18.71% 19.24% 4.97% -25.11% -2.86% -4.26%
P/E 31.1x 17.5x 11.8x 11.6x 11.7x 11x 10.6x
PBR - - - - - - -
PEG - 0x 0.5x 4.29x 0.6x 1.65x 2.54x
Capitalization / Revenue - 4.1x 2.94x 2.95x 3.37x 3.29x 3.2x
EV / Revenue - 3.27x 3.5x 3.63x 2.6x 2.46x 2.29x
EV / EBITDA - 8.89x 9.09x 9.32x 6.33x 5.9x 5.46x
EV / EBIT - 10.3x 10.3x 10.5x 6.77x 6.26x 5.71x
EV / FCF - 10.1x 16.4x 17.6x 13x 10.5x 8.45x
FCF Yield - 9.93% 6.09% 5.69% 7.71% 9.56% 11.8%
Dividend per Share 2 - - 0.2 0.24 0.26 0.28 0.3
Rate of return - - 4.6% 5.44% 4.92% 5.3% 5.68%
EPS 2 0.11 0.3 0.37 0.38 0.45 0.48 0.5
Distribution rate - - 54.1% 63.2% 57.8% 58.3% 60%
Net sales 1 - 68.5 76.4 77.2 80.9 82.9 85.1
EBITDA 1 - 25.19 29.4 30.1 33.2 34.6 35.8
EBIT 1 - 21.82 26 26.7 31 32.6 34.2
Net income 1 5.685 15.9 19.1 19.7 23 24.2 25.4
Net Debt 1 - -56.49 42.62 52.8 -62.5 -68.5 -77.2
Reference price 2 3.420 5.260 4.350 4.410 5.280 5.280 5.280
Nbr of stocks (in thousands) 55,179 53,330 51,609 51,609 51,609 - -
Announcement Date 20/04/23 23/02/24 28/02/25 20/02/26 - - -
1EUR in Million2EUR
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
11.73x2.6x6.33x4.92% 304M
24.6x14.81x20.74x3.92% 105B
21.91x9.52x14.15x1.36% 87.56B
24.51x9.14x15.24x1.52% 62.98B
23.02x13.51x17.06x3.87% 58.81B
31.79x5.29x10.58x1.83% 58.6B
29.32x11.23x18.84x1.14% 58.58B
34.03x9.59x17.61x0.49% 25.28B
23.56x9.2x14.54x2.14% 19.97B
Average 24.94x 9.43x 15.01x 2.35% 53.03B
Weighted average by Cap. 25.81x 10.80x 16.44x 2.27%

Y-o-Y evolution of P/E

Valuation ratios - P/E - Bourse Direct

Historical PBR trend

Valuation ratios - PBR - Bourse Direct

Evolution Enterprise Value / Sales

Valuation ratios - VE_REV - Bourse Direct

Change in Enterprise Value/EBITDA

Valuation ratios - VE_EBITDA - Bourse Direct


Year-on-year evolution of the Yield

Valuation ratios - Yield - Bourse Direct
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