Company Valuation: VusionGroup

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 1,184 1,923 2,166 2,846 3,418 1,920 - -
Change - 62.32% 12.68% 31.37% 20.11% -43.83% - -
Enterprise Value (EV) 1 1,176 1,963 2,139 2,453 2,979 1,805 1,709 1,476
Change - 66.91% 8.97% 14.68% 21.45% -39.42% -5.31% -13.66%
P/E 418x 103x 30.4x -103x 25.5x 17x 10.9x 9.99x
PBR 6.5x 9.87x 7.73x 11.5x 7.62x 3.69x 2.76x 2.2x
PEG - 0x 0x 1x -0x -1.1x 0.2x 1.06x
Capitalization / Revenue 2.8x 3.1x 2.7x 2.98x 2.32x 1.11x 1.03x 1.05x
EV / Revenue 2.78x 3.16x 2.67x 2.57x 2.02x 1.04x 0.92x 0.81x
EV / EBITDA 36.4x 33.5x 20.9x 15.3x 10.7x 5.26x 4.45x 3.83x
EV / EBIT 121x 62.5x 38.8x 31x 18.2x 7.89x 6.6x 5.6x
EV / FCF 640x -63.4x 13.3x 6.35x 45.9x -9.16x 11.5x 6.95x
FCF Yield 0.16% -1.58% 7.52% 15.8% 2.18% -10.9% 8.7% 14.4%
Dividend per Share 2 - - 0.3 0.6 0.9 1.08 1.274 1.444
Rate of return - - 0.22% 0.34% 0.44% 0.94% 1.11% 1.26%
EPS 2 0.18 1.18 4.46 -1.73 8.02 6.752 10.48 11.47
Distribution rate - - 6.73% -34.7% 11.2% 16% 12.2% 12.6%
Net sales 1 422.9 620.9 802 954.7 1,472 1,727 1,857 1,828
EBITDA 1 32.3 58.6 102.3 160.5 277.4 343.1 383.8 385.1
EBIT 1 9.7 31.4 55.1 79.1 163.9 228.8 258.9 263.5
Net income 1 2 18.7 79.77 -28.9 84.2 113.2 178.5 197.8
Net Debt 1 -8.3 40.5 -27.2 -392.8 -438.9 -115 -210.9 -444.3
Reference price 2 75.20 122.00 135.80 177.70 204.20 114.60 114.60 114.60
Nbr of stocks (in thousands) 15,751 15,759 15,953 16,016 16,740 16,754 - -
Announcement Date 03/03/22 08/03/23 03/05/24 26/02/25 26/02/26 - - -
1EUR in Million2EUR
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
32.56x11.51x21.02x0.84% 119B
47.13x7.89x34.18x1.56% 52.82B
26.32x1.22x13.89x-.--% 40.01B
20.71x1.76x8.62x1.46% 34.59B
29.38x2.07x14.41x1.59% 29.56B
28.57x4.35x17.37x-.--% 27.68B
10.29x5.77x16.01x1.45% 25.77B
29.87x4.57x18.26x0.77% 17.47B
23.76x3.02x12.67x-.--% 16.64B
Average 27.62x 4.69x 17.38x 0.85% 40.41B
Weighted average by Cap. 30.19x 6.49x 19.28x 0.91%

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

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