Company Valuation: Assystem

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 554.4 600.4 736.4 701.6 634.2 661.1 - -
Change - 8.3% 22.65% -4.73% -9.6% 4.24% - -
Enterprise Value (EV) 1 653.7 651.3 788.6 750.9 693.9 700.4 687.2 651.6
Change - -0.37% 21.08% -4.79% -7.59% 0.94% -1.88% -5.19%
P/E 16.4x 12.5x 7.29x 87.9x 85.7x 16.5x 14.9x 13.7x
PBR 1.57x 1.82x 1.53x 2.35x 2.21x 2.11x 1.93x 1.77x
PEG - 0.3x 0x -1x -10.86x 0x 1.4x 1.59x
Capitalization / Revenue 1.15x 1.22x 1.28x 1.15x 0.97x 0.98x 0.94x 0.91x
EV / Revenue 1.35x 1.32x 1.37x 1.23x 1.06x 1.04x 0.98x 0.89x
EV / EBITDA 14.8x 13.7x 13.9x 13.1x 11.2x 11x 10.4x 9.52x
EV / EBIT 21.4x 20.9x 18.7x 30.9x 15.4x 14.7x 13.9x 12.5x
EV / FCF 97.6x 20.6x 25.4x 21.7x 16.4x 17.8x 16.7x 14.7x
FCF Yield 1.02% 4.85% 3.93% 4.61% 6.08% 5.61% 6% 6.82%
Dividend per Share 2 1 1 - 1 1 0.97 0.97 1.003
Rate of return 2.67% 2.46% - 2.1% 2.34% 2.18% 2.18% 2.25%
EPS 2 2.281 3.242 6.789 0.5408 0.4981 2.702 2.987 3.245
Distribution rate 43.8% 30.8% - 185% 201% 35.9% 32.5% 30.9%
Net sales 1 483.1 493.5 577.5 611.3 656.6 674.8 700.5 730.1
EBITDA 1 44.1 47.5 56.9 57.1 61.8 63.87 66.19 68.45
EBIT 1 30.5 31.2 42.1 24.3 45 47.62 49.57 52.28
Net income 1 34.2 48.9 102 8.3 7.4 42.15 46.15 50.7
Net Debt 1 99.3 50.9 52.2 49.3 59.7 39.3 26.14 -9.506
Reference price 2 37.50 40.60 49.50 47.55 42.70 44.55 44.55 44.55
Nbr of stocks (in thousands) 14,785 14,788 14,877 14,754 14,852 14,839 - -
Announcement Date 15/03/22 14/03/23 13/03/24 18/03/25 10/03/26 - - -
1EUR in Million2EUR
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
16.65x1.05x11.07x2.16% 77Cr
60.76x2.76x26.42x0.06% 10TCr
13.14x1.11x6.09x4.45% 7.66TCr
35.88x4.52x24.55x0.19% 6.11TCr
27.33x2.09x20.51x1.11% 5.86TCr
56.43x4.49x28.4x1.59% 4.57TCr
30.13x0.74x12.29x2.06% 3.78TCr
25.17x1.72x15.9x0.18% 3.64TCr
25.2x0.52x8.15x2.34% 3.46TCr
4.44x0.3x5.96x6.34% 2.67TCr
Average 29.51x 1.93x 15.93x 2.05% 4.83TCr
Weighted average by Cap. 34.78x 2.27x 18.07x 1.73%

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