Company Valuation: Imerys

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 3,096 3,073 2,403 2,381 2,021 1,953 - -
Change - -0.75% -21.8% -0.91% -15.13% -3.34% - -
Enterprise Value (EV) 1 4,547 4,739 3,521 3,656 3,412 3,515 3,482 3,296
Change - 4.22% -25.7% 3.84% -6.67% 3.02% -0.95% -5.34%
P/E 13.1x 13.2x 47.5x -25.2x -4.96x 15.9x 13.3x 10.9x
PBR 0.97x 0.92x 0.77x 0.73x 0.78x 0.72x 0.7x 0.66x
PEG - -12.28x -0.6x 0x -0x -0x 0.7x 0.5x
Capitalization / Revenue 0.71x 0.72x 0.63x 0.66x 0.6x 0.57x 0.55x 0.53x
EV / Revenue 1.04x 1.11x 0.93x 1.01x 1.01x 1.02x 0.98x 0.89x
EV / EBITDA 5.98x 6.58x 5.56x 5.42x 6.25x 6.27x 5.94x 5.45x
EV / EBIT 10.1x 10.8x 9.65x 9.28x 13.3x 13.7x 12.6x 10.9x
EV / FCF 22.1x 103x 16.5x 32.1x 30.5x 24.4x 24.4x 18.7x
FCF Yield 4.53% 0.97% 6.04% 3.12% 3.27% 4.1% 4.1% 5.34%
Dividend per Share 2 1.55 3.85 1.35 1.45 0.75 0.7767 0.8463 0.9449
Rate of return 4.24% 10.6% 4.74% 5.14% 3.13% 3.36% 3.66% 4.08%
EPS 2 2.79 2.76 0.6 -1.12 -4.83 1.451 1.735 2.129
Distribution rate 55.6% 139% 225% -129% -15.5% 53.5% 48.8% 44.4%
Net sales 1 4,383 4,282 3,794 3,605 3,384 3,435 3,546 3,697
EBITDA 1 761 720 633 675 546 560.8 585.9 605
EBIT 1 452 438.8 364.7 394 257.3 255.7 275.6 302.8
Net income 1 240 237.2 51.3 -95 -408.8 118 156.3 193
Net Debt 1 1,451 1,666 1,118 1,275 1,391 1,562 1,528 1,342
Reference price 2 36.54 36.34 28.48 28.20 23.94 23.14 23.14 23.14
Nbr of stocks (in thousands) 84,726 84,553 84,368 84,434 84,414 84,414 - -
Announcement Date 16/02/22 16/02/23 21/02/24 20/02/25 19/02/26 - - -
1EUR in Million2EUR
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
25.36x9.77x15.02x2% 168B
23.28x3.48x8.34x0.86% 102B
11.71x1.49x5.67x2.92% 55.82B
42.87x - - 0.45% 21.83B
19.66x3.78x12.29x0.99% 21.71B
8.53x0.28x8.38x4.75% 20.08B
20.11x1.17x10.08x2.18% 18.12B
11.3x1.58x10.94x2.87% 17.98B
Average 20.35x 3.08x 10.10x 2.13% 53.2B
Weighted average by Cap. 22.07x 5.49x 11.15x 1.89%

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