Company Valuation: Assystem

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 554.4 600.4 736.4 701.6 634.2 632.1 - -
Change - 8.3% 22.65% -4.73% -9.6% -0.32% - -
Enterprise Value (EV) 1 653.7 651.3 788.6 750.9 693.9 680.1 671.4 619.3
Change - -0.37% 21.08% -4.79% -7.59% -1.99% -1.28% -7.75%
P/E Ratio 16.4x 12.5x 7.29x 87.9x 85.7x 15.9x 14.5x 13.4x
PBR 1.57x 1.82x 1.53x 2.35x 2.21x 2.07x 1.86x 1.77x
PEG - 0.3x 0x -1x -10.86x 0x 1.49x 1.69x
Capitalization / Revenue 1.15x 1.22x 1.28x 1.15x 0.97x 0.94x 0.9x 0.87x
EV / Revenue 1.35x 1.32x 1.37x 1.23x 1.06x 1.01x 0.96x 0.85x
EV / EBITDA 14.8x 13.7x 13.9x 13.1x 11.2x 10.6x 10.2x 8.79x
EV / EBIT 21.4x 20.9x 18.7x 30.9x 15.4x 14.4x 13.6x 12x
EV / FCF 97.6x 20.6x 25.4x 21.7x 16.4x 16.3x 16.2x 11.3x
FCF Yield 1.02% 4.85% 3.93% 4.61% 6.08% 6.15% 6.19% 8.82%
Dividend per Share 2 1 1 - 1 1 1 0.97 1.05
Rate of return 2.67% 2.46% - 2.1% 2.34% 2.35% 2.28% 2.46%
EPS 2 2.281 3.242 6.789 0.5408 0.4981 2.682 2.943 3.177
Distribution rate 43.8% 30.8% - 185% 201% 37.3% 33% 33.1%
Net sales 1 483.1 493.5 577.5 611.3 656.6 674.8 700.5 728
EBITDA 1 44.1 47.5 56.9 57.1 61.8 64.17 65.76 70.48
EBIT 1 30.5 31.2 42.1 24.3 45 47.22 49.51 51.47
Net income 1 34.2 48.9 102 8.3 7.4 41.7 45.25 52.9
Net Debt 1 99.3 50.9 52.2 49.3 59.7 47.94 39.24 -12.81
Reference price 2 37.50 40.60 49.50 47.55 42.70 42.60 42.60 42.60
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 Ratio, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
15.88x1.01x10.6x2.35% 73Cr
70.57x3.04x29.72x0.06% 10TCr
13.61x1.13x6.18x4.31% 7.83TCr
42.72x5.31x29.49x0.16% 6.48TCr
25.55x1.94x18.83x1.2% 5.54TCr
55.51x4.67x29.9x1.52% 4.72TCr
35.33x0.83x13.85x1.79% 4.19TCr
29.71x0.6x9.54x2.02% 3.78TCr
27.79x1.8x17.4x0.17% 3.61TCr
4.86x0.3x6.33x5.84% 2.89TCr
Average 32.15x 2.06x 17.18x 1.94% 4.94TCr
Weighted average by Cap. 38.21x 2.44x 19.56x 1.66%

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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