Company Valuation: Immatics N.V.

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 845.5 663.9 891.4 848.6 1,408 1,292 - -
Change - -21.47% 34.26% -4.8% 65.88% -8.24% - -
Enterprise Value (EV) 1 710 289.7 445.7 610.6 1,026 1,006 953 1,022
Change - -59.19% 53.83% 36.99% 68% -1.97% -5.22% 7.24%
P/E -8.25x 14.7x -8.08x 47.1x -5.61x -4.47x -4.49x -5.12x
PBR - - - - 2.51x - - -
PEG - -0x 0x -0x 0x -0.3x 10.16x 0.4x
Capitalization / Revenue 22.1x 3.57x 15.2x 5.05x 25.1x 27.8x 32.6x 11.3x
EV / Revenue 18.5x 1.56x 7.6x 3.63x 18.3x 21.6x 24.1x 8.92x
EV / EBITDA -7.96x 7.29x -4.34x -21.5x -5.2x -3.44x -2.95x -2.77x
EV / EBIT -7.47x 8.99x -4.04x -14.7x -4.85x -3.23x -2.8x -3.18x
EV / FCF -7.43x - -32.6x -3.25x -4.84x -5.07x -3.08x -3.31x
FCF Yield -13.5% - -3.06% -30.8% -20.7% -19.7% -32.5% -30.2%
Dividend per Share 2 - - - - - - - -
Rate of return - - - - - - - -
EPS 2 -1.63 0.592 -1.303 0.151 -1.872 -2.114 -2.104 -1.845
Distribution rate - - - - - - - -
Net sales 1 38.29 186 58.62 168.1 56.13 46.54 39.58 114.6
EBITDA 1 -89.24 39.74 -102.6 -28.46 -197.3 -292.1 -322.9 -369.3
EBIT 1 -95.04 32.24 -110.4 -41.65 -211.7 -311.3 -340.8 -321
Net income 1 -102.8 40.38 -105.3 16.41 -228.5 -287.4 -309.6 -284.9
Net Debt 1 -135.5 -374.2 -445.8 -238.1 -381.9 -286.2 -338.7 -269.7
Reference price 2 13.440 8.710 10.530 7.110 10.500 9.450 9.450 9.450
Nbr of stocks (in thousands) 62,909 76,227 84,656 119,356 134,064 136,690 - -
Announcement Date 23/03/22 21/03/23 21/03/24 27/03/25 05/03/26 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
-4.47x21.61x-3.44x-.--% 1.29B
20.59x7.25x14.66x1.42% 69.54B
36.89x9.62x29.41x0.04% 64.97B
30.69x6.58x17.2x-.--% 26.51B
-74.93x13.98x-67.43x-.--% 25.89B
-15.61x5.94x-7.46x-.--% 25.64B
58.27x21.67x43.95x0.26% 20.22B
27.27x5.11x16.98x-.--% 19.98B
1415.29x39.34x858.54x-.--% 15.69B
16.84x5x11.66x-.--% 13.49B
Average 151.08x 13.61x 91.41x 0.17% 28.32B
Weighted average by Cap. 93.38x 10.84x 57.54x 0.37%

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

  1. Stock Market
  2. Stocks
  3. IMTX Stock
  4. Valuation Immatics N.V.