Company Valuation: Ipsen

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Capitalization 1 6,621 8,279 8,912 9,155 9,770 13,284 - -
Change - 25.05% 7.65% 2.72% 6.72% 35.97% - -
Enterprise Value (EV) 1 6,758 7,894 8,860 9,020 9,225 11,711 10,860 10,125
Change - 16.81% 12.22% 1.81% 2.28% 26.94% -7.26% -6.78%
P/E ratio 10.4x 12.9x 14x 26.7x 22.4x 15.7x 15.4x 14.4x
PBR 2.42x - 2.36x 2.22x 2.3x 2.59x 2.21x 1.92x
PEG - 20.02x -13.67x -0.6x 0.8x 0.2x 6.4x 2.28x
Capitalization / Revenue 2.31x 2.74x 2.85x 2.69x 2.49x 3.17x 3.05x 2.88x
EV / Revenue 2.36x 2.61x 2.83x 2.65x 2.35x 2.8x 2.5x 2.2x
EV / EBITDA 5.8x 5.86x 10.1x 7.52x 6.67x 7.31x 6.64x 5.87x
EV / EBIT 6.68x 7.08x 8.85x 8.13x 7.13x 8.41x 7.74x 7.12x
EV / FCF 8.31x 9.02x 12.5x 11.6x 8.93x 12.2x 10.5x 9.36x
FCF Yield 12% 11.1% 8.02% 8.59% 11.2% 8.19% 9.51% 10.7%
Dividend per Share 2 1.2 1.2 1.2 1.4 1.4 1.422 1.45 1.634
Rate of return 1.49% 1.19% 1.11% 1.26% 1.18% 0.88% 0.9% 1.01%
EPS 2 7.76 7.81 7.73 4.15 5.32 10.29 10.54 11.2
Distribution rate 15.5% 15.4% 15.5% 33.7% 26.3% 13.8% 13.8% 14.6%
Net sales 1 2,869 3,025 3,128 3,401 3,929 4,184 4,349 4,609
EBITDA 1 1,166 1,348 881.4 1,200 1,383 1,602 1,637 1,726
EBIT 1 1,011 1,115 1,001 1,109 1,294 1,393 1,403 1,422
Net income 1 646.6 647.5 647.2 347.3 444.5 871.2 867.2 905
Net Debt 1 137.8 -384.7 -52.9 -134.9 -544.5 -1,573 -2,423 -3,159
Reference price 2 80.50 100.50 107.90 110.70 119.00 161.80 161.80 161.80
Nbr of stocks (in thousands) 82,243 82,380 82,599 82,700 82,100 82,100 - -
Announcement Date 11/02/22 09/02/23 08/02/24 13/02/25 12/02/26 - - -
1EUR in Million2EUR
Estimates

P/E ratio, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
15.72x2.8x7.31x0.88% 15.68B
27.27x10.33x20.7x0.73% 830B
25.1x5.77x15.66x2.28% 564B
23.45x6.27x12.73x3.32% 369B
17.18x4.23x10.41x3.13% 328B
25.85x5.33x15.06x1.62% 318B
28.18x4.9x15.22x2.84% 294B
21.14x5.67x13.72x2.9% 291B
23.84x6.15x10.83x2.83% 192B
12.34x4.43x9.26x4.19% 182B
Average 22.01x 5.59x 13.09x 2.47% 338.32B
Weighted average by Cap. 23.88x 6.60x 15.15x 2.26%

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