Valuation Veolia Environnement

Equities

Real-time Euronext Paris Other stock markets 12:17:25 11/02/2026 GMT			5-day change	1st Jan Change
32.78 ^EUR	+1.42%		+2.12%	+10.30%

02-04	Barclays Reiterates Veolia Environnement's Overweight Rating Amid Easing Political Tensions	MT
02-04	RBC Adjusts Veolia Earnings Forecasts Ahead of FY25 Results; Outperform Rating Maintained	MT

Data adjusted to current consolidation scope

Fiscal Period: December	2020	2021	2022	2023	2024	2025	2026	2027
Capitalization ¹	11,321	22,172	16,848	20,425	19,796	23,641	23,641	-
Change	-	95.86%	-24.01%	21.23%	-3.08%	19.42%	0%	-
Enterprise Value (EV) ¹	24,185	31,704	34,986	38,328	37,615	44,462	45,769	45,812
Change	-	31.09%	10.35%	9.55%	-1.86%	18.2%	2.94%	0.09%
P/E ratio	133x	49.6x	21.6x	21.8x	17.6x	16.5x	14.8x	13.8x
PBR	1.57x	1.93x	1.4x	1.64x	1.51x	1.78x	1.75x	1.72x
PEG	-	0x	0.3x	1.2x	1x	0.6x	1.3x	1.89x
Capitalization / Revenue	0.44x	0.78x	0.39x	0.45x	0.44x	0.52x	0.5x	0.48x
EV / Revenue	0.93x	1.11x	0.82x	0.85x	0.84x	0.98x	0.97x	0.93x
EV / EBITDA	6.64x	7.49x	5.65x	5.86x	5.54x	6.33x	6.16x	5.83x
EV / EBIT	19x	18x	11.4x	11.5x	10.6x	12x	11.4x	10.7x
EV / FCF	21.7x	22.4x	25.6x	20.6x	18.1x	33x	27.1x	23.2x
FCF Yield	4.62%	4.47%	3.9%	4.87%	5.51%	3.03%	3.69%	4.31%
Dividend per Share ²	0.7	1	1.12	1.25	1.4	1.503	1.633	1.794
Rate of return	3.5%	3.1%	4.67%	4.38%	5.16%	4.65%	5.05%	5.55%
EPS ²	0.15	0.65	1.11	1.31	1.54	1.954	2.179	2.338
Distribution rate	467%	154%	101%	95.4%	90.9%	76.9%	75%	76.7%
Net sales ¹	26,010	28,508	42,885	45,351	44,692	45,570	47,330	49,306
EBITDA ¹	3,641	4,234	6,196	6,543	6,788	7,020	7,431	7,855
EBIT ¹	1,275	1,766	3,062	3,346	3,547	3,718	4,003	4,287
Net income ¹	88.8	404.3	716	937	1,098	1,452	1,605	1,767
Net Debt ¹	12,864	9,532	18,138	17,903	17,819	20,821	22,128	22,170
Reference price ²	20.01	32.26	24.00	28.56	27.11	32.32	32.32	32.32
Nbr of stocks (in thousands)	565,749	687,294	702,015	715,174	730,212	731,469	731,469	-
Announcement Date	25/02/21	17/03/22	02/03/23	29/02/24	27/02/25	-	-	-

¹EUR in Million²EUR

Estimates

Add to a list 0 selected To use this feature you must be a member Log in Sign up	P/E (Y)	EV / Sales (Y)	EV / EBITDA (Y)	Dividend Yield (Y)	Capi.($)
VEOLIA ENVIRONNEMENT	16.54x	0.98x	6.33x	4.65%	28.13B
ABU DHABI NATIONAL ENERGY COMPANY	45.14x	7.12x	21.07x	1.33%	96.72B
NATIONAL GRID PLC	16.73x	5.65x	13.55x	3.73%	87.79B
ENGIE	13.85x	1.47x	7.23x	5.35%	75.32B
SEMPRA	22.57x	6.59x	15.85x	2.87%	58.55B
EON SE	16.21x	1.05x	9.33x	3.19%	55.55B
RWE AG	23.62x	2.2x	10.51x	2.23%	45.33B
DUBAI ELECTRICITY AND WATER AUTHORITY	19.37x	5.61x	10.85x	3.96%	42.6B
PUBLIC SERVICE ENTERPRISE GROUP, INC.	19.93x	5.54x	14.01x	3.02%	41.53B
ACWA POWER COMPANY	66.01x	21.36x	34.48x	0.66%	37.32B
Average	26.00x	5.76x	14.32x	3.1%	56.89B
Weighted average by Cap.	25.93x	5.51x	14.42x	3.08%