Company Valuation: Lear Corporation

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 10,907 7,330 8,227 5,146 5,944 6,053 - -
Change - -32.79% 12.23% -37.45% 15.51% 1.82% - -
Enterprise Value (EV) 1 12,185 8,827 9,801 6,853 7,651 7,707 7,531 7,292
Change - -27.55% 11.03% -30.08% 11.64% 0.74% -2.29% -3.17%
P/E 29.6x 22.7x 14.6x 10.6x 14.1x 9.36x 7.15x 6.26x
PBR 2.35x 1.57x 1.64x 1.14x 1.15x 1.16x 1.05x 0.94x
PEG - -2x 0.2x -1.45x -1.54x 0.2x 0.2x 0.4x
Capitalization / Revenue 0.57x 0.35x 0.35x 0.22x 0.26x 0.25x 0.25x 0.24x
EV / Revenue 0.63x 0.42x 0.42x 0.29x 0.33x 0.32x 0.31x 0.29x
EV / EBITDA 8.7x 6.1x 5.68x 3.99x 4.59x 4.41x 4.14x 3.75x
EV / EBIT 14.8x 10.1x 8.75x 6.25x 7.2x 6.71x 6.22x 5.49x
EV / FCF 143x 23x 15.4x 12.2x 14.5x 12x 11.7x 10.1x
FCF Yield 0.7% 4.34% 6.51% 8.19% 6.89% 8.3% 8.58% 9.86%
Dividend per Share 2 1.77 3.08 3.08 3.08 3.08 3.207 3.08 3.099
Rate of return 0.97% 2.48% 2.18% 3.25% 2.69% 2.61% 2.51% 2.53%
EPS 2 6.19 5.47 9.68 8.97 8.15 13.11 17.16 19.62
Distribution rate 28.6% 56.3% 31.8% 34.3% 37.8% 24.5% 18% 15.8%
Net sales 1 19,263 20,892 23,467 23,306 23,259 23,813 24,120 24,839
EBITDA 1 1,400 1,447 1,724 1,717 1,667 1,748 1,820 1,943
EBIT 1 826 870.5 1,120 1,096 1,062 1,148 1,210 1,328
Net income 1 373.9 327.7 572.5 506.6 436.8 662.4 837.2 929.8
Net Debt 1 1,278 1,497 1,574 1,707 1,706 1,655 1,478 1,239
Reference price 2 182.95 124.02 141.21 94.70 114.60 122.71 122.71 122.71
Nbr of stocks (in thousands) 59,617 59,106 58,260 54,341 51,870 49,325 - -
Announcement Date 08/02/22 02/02/23 06/02/24 06/02/25 04/02/26 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
19.12x1.31x10.09x1.94% 43.83B
12.24x0.58x5.1x3.82% 30.65B
7.9x0.47x5.98x1.91% 23.94B
14.09x2.56x8.8x4.33% 19.88B
30.73x1.21x12.83x0.6% 18.2B
10.44x0.49x4.79x3.04% 17.26B
13.16x1.35x6.98x4.18% 15.73B
47.27x5.17x36.12x0.76% 14.8B
12.71x0.97x6.41x1.07% 12.49B
Average 18.63x 1.57x 10.79x 2.41% 21.86B
Weighted average by Cap. 17.72x 1.41x 9.95x 2.48%

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