Company Valuation: Publicis Groupe S.A.

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Capitalization 1 14,760 14,964 21,042 25,852 22,228 20,739 - -
Change - 1.38% 40.62% 22.86% -14.02% -6.69% - -
Enterprise Value (EV) 1 14,836 14,330 20,133 25,077 21,680 19,669 18,648 17,714
Change - -3.41% 40.5% 24.56% -13.55% -9.28% -5.19% -5.01%
P/E ratio 14.5x 12.3x 16.2x 15.7x 13.6x 11.9x 11.1x 10.4x
PBR 1.72x 1.51x 2.15x 2.34x 2.14x 1.85x 1.71x 1.53x
PEG - 0.7x 2.23x 0.6x -29.69x 1.65x 1.47x 1.55x
Capitalization / Revenue 1.41x 1.19x 1.61x 1.85x 1.53x 1.38x 1.31x 1.26x
EV / Revenue 1.41x 1.14x 1.54x 1.8x 1.49x 1.31x 1.18x 1.07x
EV / EBITDA 6.4x 5.12x 7.08x 8.32x 6.84x 5.88x 5.25x 4.69x
EV / EBIT 8.06x 6.32x 8.52x 9.96x 8.19x 7.09x 6.39x 5.71x
EV / FCF 8.98x 6.46x 10.8x 12.2x 8.05x 9.04x 7.85x 6.78x
FCF Yield 11.1% 15.5% 9.28% 8.23% 12.4% 11.1% 12.7% 14.8%
Dividend per Share 2 2.4 2.9 3.4 3.6 3.75 3.883 4.166 4.402
Rate of return 4.05% 4.88% 4.05% 3.5% 4.23% 4.66% 5% 5.28%
EPS 2 4.08 4.82 5.17 6.55 6.52 6.99 7.519 8.022
Distribution rate 58.8% 60.2% 65.8% 55% 57.5% 55.5% 55.4% 54.9%
Net sales 1 10,487 12,572 13,099 13,965 14,547 15,043 15,838 16,492
EBITDA 1 2,317 2,801 2,845 3,014 3,168 3,343 3,554 3,774
EBIT 1 1,840 2,266 2,363 2,519 2,648 2,772 2,917 3,103
Net income 1 1,027 1,222 1,312 1,660 1,653 1,808 1,934 2,023
Net Debt 1 76 -634 -909 -775 -548 -1,071 -2,092 -3,025
Reference price 2 59.20 59.42 84.00 103.00 88.62 83.36 83.36 83.36
Nbr of stocks (in thousands) 249,332 251,832 250,502 250,991 250,818 248,794 - -
Announcement Date 03/02/22 02/02/23 08/02/24 04/02/25 03/02/26 - - -
1EUR in Million2EUR
Estimates

P/E ratio, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
11.93x1.31x5.88x4.66% 24.12B
8.11x0.94x4.97x4.76% 20.49B
13.42x5.92x10.5x6.55% 12.02B
13.8x - - 3.76% 4.53B
16.45x0.55x5.57x1.51% 4.3B
7.84x0.61x3.65x5.45% 3.99B
19.94x0.4x5.9x2.66% 2.72B
-26.61x1.22x5.22x-.--% 2.53B
Average 8.11x 1.57x 5.96x 3.67% 9.34B
Weighted average by Cap. 10.26x 1.87x 6.24x 4.56%

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. Equities
  3. PUB Stock
  4. Valuation Publicis Groupe S.A.