Company Valuation: Maurel

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 510 848 1,338 1,168 1,290 1,799 - -
Change - 66.25% 57.78% -12.71% 10.42% 39.47% - -
Enterprise Value (EV) 1 853 1,048 1,458 1,134 1,111 1,474 1,239 1,109
Change - 22.85% 39.12% -22.22% -2.05% 32.75% -15.97% -10.53%
P/E 4.25x 4.17x 6.41x 5.03x 3.16x 6.83x 7.47x 7.35x
PBR 0.76x 0.99x 1.31x 1x 0.86x 1.02x 1.11x 1.05x
PEG - 0.1x 3.3x 0.4x 0x -0.2x -0.88x 4.45x
Capitalization / Revenue 1.02x 1.25x 1.96x 1.45x 2.23x 2.67x 2.39x 2.39x
EV / Revenue 1.71x 1.55x 2.14x 1.4x 1.92x 2.19x 1.65x 1.47x
EV / EBITDA 3.05x 2.37x 4.06x 3.08x 4.46x 3.77x 3.24x 2.98x
EV / EBIT 5.4x 2.98x 7.55x 4.4x 2.76x 5.28x 5.23x 5x
EV / FCF 7.35x 3.98x 11.7x 8.62x -50.5x 13.1x 4.24x 5.15x
FCF Yield 13.6% 25.1% 8.55% 11.6% -1.98% 7.61% 23.6% 19.4%
Dividend per Share 2 0.0774 0.2465 0.249 0.3574 0.3804 0.4767 0.3715 0.3243
Rate of return 2.99% 5.75% 3.7% 6.08% 5.86% 5.29% 4.12% 3.6%
EPS 2 0.61 1.03 1.05 1.17 2.05 1.318 1.206 1.226
Distribution rate 12.7% 23.9% 23.7% 30.5% 18.6% 36.2% 30.8% 26.4%
Net sales 1 500 676 682 808 578 672.9 752.6 752.6
EBITDA 1 280 443 359 368 249 391.1 382.4 371.5
EBIT 1 158 352 193 258 403 279.5 237.1 221.7
Net income 1 121 206 210 233 410 287.5 234.5 262.1
Net Debt 1 343 200 120 -34 -179 -324.3 -559.7 -690.1
Reference price 2 2.593 4.291 6.732 5.881 6.487 9.008 9.008 9.008
Nbr of stocks (in thousands) 196,702 197,616 198,754 198,610 198,807 199,665 - -
Announcement Date 18/03/22 14/03/23 01/03/24 06/03/25 12/03/26 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
11.83x2.31x5.12x2.71% 151B
11.88x3.16x6.15x3.72% 97.16B
8.27x2.49x4.36x2.96% 73.26B
18.41x4.15x11.03x5.31% 70.17B
9.53x1.42x4.62x1.98% 57.15B
6.81x2.35x3.71x1.86% 54.92B
8.88x2.44x4.84x2.38% 53.59B
11.12x3.31x4.73x2.37% 51.51B
11.91x3.21x4.86x6.31% 41.74B
Average 10.96x 2.76x 5.49x 3.29% 72.24B
Weighted average by Cap. 11.23x 2.73x 5.59x 3.21%

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