Company Valuation: Sanofi

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 111,194 112,665 112,549 116,968 100,655 91,568 - -
Change - 1.32% -0.1% 3.93% -13.95% -9.03% - -
Enterprise Value (EV) 1 121,177 119,102 120,342 125,740 111,663 102,984 99,801 96,299
Change - -1.71% 1.04% 4.49% -11.2% -7.77% -3.09% -3.51%
P/E 17.8x 16.7x 20.8x 20.4x 12.9x 12.1x 10.6x 9.14x
PBR 1.62x 1.5x 1.52x 1.51x 1.41x 1.24x 1.17x 1.1x
PEG - 2.07x -1.1x 3.14x 0.3x -7.15x 0.7x 0.6x
Capitalization / Revenue 2.94x 2.62x 2.61x 2.85x 2.31x 1.92x 1.81x 1.72x
EV / Revenue 3.21x 2.77x 2.79x 3.06x 2.56x 2.16x 1.97x 1.81x
EV / EBITDA 9.95x 8.14x 8.44x 9.76x 8.22x 6.99x 6.37x 5.66x
EV / EBIT 11.3x 9.13x 9.5x 11.1x 9.19x 7.77x 7.17x 6.35x
EV / FCF 15x 14x 14.2x 21.1x 13.8x 12.4x 11.1x 9.55x
FCF Yield 6.68% 7.12% 7.04% 4.74% 7.24% 8.09% 9.05% 10.5%
Dividend per Share 2 3.33 3.56 3.76 3.92 4.12 4.254 4.499 4.797
Rate of return 3.76% 3.96% 4.19% 4.18% 4.98% 5.57% 5.89% 6.28%
EPS 2 4.97 5.37 4.31 4.59 6.4 6.292 7.204 8.361
Distribution rate 67% 66.3% 87.2% 85.4% 64.4% 67.6% 62.4% 57.4%
Net sales 1 37,761 42,997 43,070 41,081 43,626 47,593 50,704 53,143
EBITDA 1 12,183 14,627 14,259 12,889 13,583 14,738 15,679 17,014
EBIT 1 10,714 13,040 12,670 11,343 12,149 13,248 13,921 15,160
Net income 1 6,223 6,720 5,400 5,744 7,813 7,941 9,267 10,396
Net Debt 1 9,983 6,437 7,793 8,772 11,008 11,415 8,233 4,731
Reference price 2 88.58 89.84 89.76 93.74 82.72 76.43 76.43 76.43
Nbr of stocks (in thousands) 1,255,293 1,254,060 1,253,891 1,247,793 1,216,810 1,198,069 - -
Announcement Date 04/02/22 03/02/23 01/02/24 30/01/25 29/01/26 - - -
1EUR in Million2EUR
Estimates

P/E, Detailed evolution

P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
12.15x2.16x6.99x5.57% 106B
34.32x12.47x25.45x0.57% 1,078B
29.15x - - 2.05% 632B
32.02x7.45x15.48x2.73% 443B
20.19x4.79x11.87x2.76% 356B
21.62x5.6x13.97x2.87% 289B
20.24x4.18x11.87x2.1% 245B
26.43x6.88x12.21x2.41% 226B
13.48x4.84x10.07x3.78% 204B
-42.9x6.13x34.58x2.39% 171B
Average 16.67x 6.06x 15.83x 2.72% 374.93B
Weighted average by Cap. 24.18x 7.99x 18.26x 2.07%

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