Company Valuation: Safran

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Capitalization 1 45,891 49,905 66,595 88,393 124,127 116,417 - -
Change - 8.75% 33.44% 32.73% 40.43% -6.21% - -
Enterprise Value (EV) 1 47,435 49,891 66,221 86,655 122,389 112,673 110,854 108,406
Change - 5.18% 32.73% 30.86% 41.24% -7.94% -1.61% -2.21%
P/E ratio 1,077x -20.3x 19.8x -133x 17.3x 29.4x 23.4x 21.1x
PBR 3.58x 4.77x 5.94x 8.77x 8.38x 7.43x 6.49x 5.6x
PEG - 0x -0x 1x -0x -0.7x 0.9x 1.9x
Capitalization / Revenue 3.01x 2.62x 2.87x 3.24x 3.96x 3.26x 2.98x 2.74x
EV / Revenue 3.11x 2.62x 2.85x 3.17x 3.91x 3.15x 2.83x 2.55x
EV / EBITDA 17.1x 13.6x 14.4x 16x 17.4x 14.6x 13x 11.6x
EV / EBIT 26.3x 20.7x 20.9x 21x 23.5x 18.1x 15.9x 14x
EV / FCF 28.2x 18.7x 22.5x 27.2x 31.2x 24.7x 22.2x 19.4x
FCF Yield 3.54% 5.34% 4.45% 3.68% 3.2% 4.05% 4.51% 5.15%
Dividend per Share 2 0.5 1.35 1.35 2.9 3.35 3.984 4.883 5.481
Rate of return 0.46% 1.15% 0.85% 1.37% 1.13% 1.42% 1.74% 1.95%
EPS 2 0.1 -5.76 8.07 -1.6 17.17 9.532 12 13.32
Distribution rate 500% -23.4% 16.7% -181% 19.5% 41.8% 40.7% 41.2%
Net sales 1 15,257 19,035 23,199 27,317 31,329 35,740 39,130 42,512
EBITDA 1 2,778 3,667 4,599 5,413 7,015 7,704 8,533 9,349
EBIT 1 1,805 2,408 3,166 4,119 5,197 6,227 6,978 7,752
Net income 1 43 -2,459 3,444 -667 7,177 3,963 4,904 5,519
Net Debt 1 1,544 -14 -374 -1,738 -1,738 -3,745 -5,564 -8,012
Reference price 2 107.66 116.92 159.46 212.10 297.40 280.70 280.70 280.70
Nbr of stocks (in thousands) 426,262 426,828 417,625 416,751 417,373 414,739 - -
Announcement Date 24/02/22 17/02/23 15/02/24 14/02/25 12/02/26 - - -
1EUR in Million2EUR
Estimates

P/E ratio, Detailed evolution

P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
29.84x3.2x14.82x1.4% 139B
52.63x11.56x36.15x0.19% 109B
34.35x9.24x17.7x1.39% 67.05B
51.68x7.12x26.24x0.09% 34.33B
48.13x7.18x31.86x0.13% 26.91B
229.55x - - - 19.81B
17.03x1.8x9.22x1.42% 18.73B
54.84x - - - 9.76B
22.58x1.66x11.97x-.--% 8.91B
35.57x - - - 5.27B
Average 57.62x 5.96x 21.14x 0.66% 43.92B
Weighted average by Cap. 47.97x 6.96x 22.85x 0.85%

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