Company Valuation: UCB

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 18,947 13,973 14,969 36,464 45,333 49,399 - -
Change - -26.25% 7.12% 143.6% 24.32% 8.97% - -
Enterprise Value (EV) 1 19,807 15,973 17,146 37,918 45,326 49,127 47,086 44,553
Change - -19.36% 7.34% 121.15% 19.54% 8.39% -4.16% -5.38%
P/E 17.9x 33.4x 44.8x 34.3x 29.1x 28x 22x 17.6x
PBR 2.32x 1.58x 1.67x 3.64x - 4.21x 3.61x 2.97x
PEG - -0.6x -2.2x 0x 0.6x 2.1x 0.8x 0.7x
Capitalization / Revenue 3.28x 2.53x 2.85x 5.93x 5.86x 5.79x 5.13x 4.6x
EV / Revenue 3.43x 2.9x 3.26x 6.16x 5.86x 5.76x 4.89x 4.15x
EV / EBITDA 12.1x 12.7x 12.7x 25.7x 17.2x 16.9x 13.1x 10.4x
EV / EBIT 15x 23.7x 26.1x 45.4x 22.6x 21.4x 16.2x 12.3x
EV / FCF 15.6x 18.4x 38.5x 41.2x 24.6x 25.2x 18.2x 14.3x
FCF Yield 6.42% 5.43% 2.6% 2.43% 4.06% 3.97% 5.5% 7.01%
Dividend per Share 2 1.3 1.33 1.36 1.39 1.45 1.465 1.505 1.538
Rate of return 1.3% 1.81% 1.72% 0.72% 0.61% 0.56% 0.58% 0.59%
EPS 2 5.6 2.2 1.76 5.61 8.2 9.275 11.77 14.72
Distribution rate 23.2% 60.5% 77.3% 24.8% 17.7% 15.8% 12.8% 10.4%
Net sales 1 5,777 5,517 5,252 6,152 7,741 8,534 9,635 10,747
EBITDA 1 1,641 1,260 1,349 1,476 2,636 2,907 3,599 4,278
EBIT 1 1,318 675 657 836 2,009 2,300 2,912 3,618
Net income 1 1,058 418 343 1,065 1,558 1,747 2,264 2,818
Net Debt 1 860 2,000 2,177 1,454 -7 -271.3 -2,313 -4,846
Reference price 2 100.35 73.56 78.90 192.20 238.60 259.50 259.50 259.50
Nbr of stocks (in thousands) 188,812 189,959 189,721 189,720 189,996 190,361 - -
Announcement Date 24/02/22 22/02/23 28/02/24 27/02/25 24/02/26 - - -
1EUR in Million2EUR
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
27.98x5.76x16.9x0.56% 56.51B
16.94x3.69x9.97x0.6% 66.56B
35.25x11.95x22.63x-.--% 42.98B
-45.47x3.2x9.47x3.37% 40.46B
34.9x3.71x11.39x-.--% 31.91B
-9.24x13.4x-8.22x-.--% 31.65B
16.96x3.25x9.83x-.--% 23.35B
55.23x6.16x42.67x-.--% 19.46B
26.86x5.49x14.73x-.--% 17.18B
-35.48x16.45x-50.02x-.--% 15.12B
Average 12.39x 7.30x 7.93x 0.45% 34.52B
Weighted average by Cap. 13.33x 6.65x 10.53x 0.6%

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