Company Valuation: Legrand

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 27,448 19,952 24,667 24,652 33,297 36,634 - -
Change - -27.31% 23.63% -0.06% 35.07% 10.02% - -
Enterprise Value (EV) 1 29,973 22,271 26,673 27,658 37,519 41,593 41,040 40,549
Change - -25.7% 19.76% 3.69% 35.66% 10.86% -1.33% -1.2%
P/E 30.6x 20.1x 21.9x 21.3x 27x 25.5x 22.3x 19.9x
PBR 4.81x 3.01x 3.74x 3.29x 4.65x 4.47x 4.02x 3.6x
PEG - 1.9x 1.4x 7.7x 4.23x 1.5x 1.6x 1.7x
Capitalization / Revenue 3.92x 2.39x 2.93x 2.85x 3.51x 3.31x 2.99x 2.76x
EV / Revenue 4.29x 2.67x 3.17x 3.2x 3.96x 3.76x 3.35x 3.05x
EV / EBITDA 18.2x 12x 13.6x 13.5x 16.6x 15.9x 14x 12.7x
EV / EBIT 20.9x 13.1x 15.1x 15.6x 19.1x 18.4x 16x 14.4x
EV / FCF 31.5x 21.5x 16.8x 21.4x 28.2x 26.7x 23.3x 21x
FCF Yield 3.18% 4.65% 5.94% 4.67% 3.55% 3.75% 4.29% 4.75%
Dividend per Share 2 1.42 1.65 1.9 2.09 2.2 2.716 3.067 3.376
Rate of return 1.38% 2.21% 2.02% 2.22% 1.73% 1.94% 2.19% 2.42%
EPS 2 3.366 3.726 4.304 4.423 4.705 5.487 6.275 7.021
Distribution rate 42.2% 44.3% 44.1% 47.3% 46.8% 49.5% 48.9% 48.1%
Net sales 1 6,994 8,339 8,417 8,649 9,481 11,055 12,267 13,297
EBITDA 1 1,650 1,859 1,962 2,047 2,254 2,617 2,939 3,204
EBIT 1 1,434 1,702 1,770 1,776 1,962 2,255 2,557 2,816
Net income 1 904.5 999.5 1,148 1,166 1,245 1,463 1,677 1,866
Net Debt 1 2,524 2,319 2,006 3,006 4,223 4,959 4,406 3,915
Reference price 2 102.90 74.82 94.10 94.04 127.25 139.75 139.75 139.75
Nbr of stocks (in thousands) 266,749 266,669 262,133 262,145 261,662 262,136 - -
Announcement Date 10/02/22 09/02/23 15/02/24 13/02/25 12/02/26 - - -
1EUR in Million2EUR
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
25.32x3.01x16.43x2.03% 240B
14.05x1.74x7.85x3.64% 204B
30.69x3.93x18.15x1.59% 186B
38.23x5.65x23.73x1.03% 167B
46.12x6.19x27.68x1.07% 154B
29.9x4.3x21.07x0.9% 99.45B
92.68x11.48x65.59x0.34% 95.8B
39.94x6.56x26.34x0.1% 92.9B
31.06x3.87x20.76x1.09% 90.04B
Average 38.67x 5.19x 25.29x 1.31% 147.71B
Weighted average by Cap. 34.99x 4.66x 22.45x 1.57%

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