Company Valuation: Virbac

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 3,584 1,927 3,035 2,651 2,995 2,840 - -
Change - -46.24% 57.52% -12.67% 13% -5.17% - -
Enterprise Value (EV) 1 3,510 1,848 2,983 2,819 3,168 2,961 2,867 2,719
Change - -47.37% 61.45% -5.49% 12.37% -6.53% -3.19% -5.14%
P/E 31.7x 15.8x 25x 18.3x 19.9x 16.9x 15x 13.6x
PBR 4.95x 2.29x 3.34x 2.54x 2.66x 2.23x 1.97x 1.75x
PEG - 2.06x -72.15x 0.9x 5.23x 1.5x 1.2x 1.3x
Capitalization / Revenue 3.37x 1.58x 2.43x 1.9x 2.04x 1.84x 1.73x 1.65x
EV / Revenue 3.3x 1.52x 2.39x 2.02x 2.16x 1.91x 1.75x 1.58x
EV / EBITDA 16.3x 8.27x 12.8x 9.96x 10.9x 9.53x 8.3x 7.19x
EV / EBIT 20.8x 10.1x 16.1x 12.4x 13.8x 11.7x 10.3x 8.92x
EV / FCF 36.5x 40.7x 50.8x 22.8x 29.7x 41x 23.5x 16.2x
FCF Yield 2.74% 2.46% 1.97% 4.39% 3.37% 2.44% 4.25% 6.17%
Dividend per Share 2 1.25 1.32 1.32 1.45 1.45 1.741 2.057 2.59
Rate of return 0.29% 0.58% 0.37% 0.46% 0.41% 0.51% 0.61% 0.76%
EPS 2 13.4 14.43 14.38 17.34 18 20.04 22.61 24.96
Distribution rate 9.33% 9.15% 9.18% 8.36% 8.06% 8.69% 9.1% 10.4%
Net sales 1 1,064 1,216 1,247 1,397 1,465 1,546 1,640 1,721
EBITDA 1 215.1 223.4 232.8 283 289.5 310.6 345.2 378.3
EBIT 1 168.9 182.8 184.9 227.5 229.7 252.8 277.4 304.8
Net income 1 113.2 122 121.3 145.3 150.9 167 190.2 210.9
Net Debt 1 -73.83 -79.36 -52.36 168.5 172.8 121 26.49 -120.9
Reference price 2 424.50 228.00 359.50 316.50 357.50 339.00 339.00 339.00
Nbr of stocks (in thousands) 8,443 8,451 8,443 8,375 8,378 8,378 - -
Announcement Date 22/03/22 23/03/23 19/03/24 13/03/25 17/03/26 - - -
1EUR in Million2EUR
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
17.04x1.93x9.61x0.51% 3.27B
11.79x3.95x9.01x2.85% 31.9B
289.06x3.02x15.23x-.--% 12.27B
8.13x1.17x4.33x3.23% 4B
48.39x - - 0.74% 1.84B
27.98x3.38x12.15x-.--% 1.6B
12.8x1.22x7.28x1.51% 1.29B
14.73x1.87x8.63x2.09% 960M
15.29x1.09x5.19x1.28% 960M
29.7x - - 0.51% 892M
Average 47.49x 2.20x 8.93x 1.27% 5.9B
Weighted average by Cap. 71.50x 3.27x 10.05x 1.91%

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