Company Valuation: Cegedim

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 331.1 198.9 243.6 174.8 186.6 145.5 - -
Change - -39.93% 22.47% -28.22% 6.71% -21.98% - -
Enterprise Value (EV) 1 582.4 427.9 482.1 359.3 418.8 348.6 323.6 290.3
Change - -26.53% 12.65% -25.46% 16.55% -16.77% -7.17% -10.28%
P/E 12.6x 14.6x -35.7x -11.6x 19.4x 6.91x 5.77x 4.83x
PBR 1.43x 0.7x 0.83x 0.62x 0.66x 0.5x 0.47x 0.43x
PEG - -0.3x 0x -0x -0x 0x 0.3x 0.2x
Capitalization / Revenue 0.63x 0.36x 0.4x 0.27x 0.29x 0.22x 0.21x 0.21x
EV / Revenue 1.11x 0.77x 0.78x 0.55x 0.65x 0.53x 0.47x 0.41x
EV / EBITDA 5.56x 4.45x 4.43x 2.91x 3.4x 2.53x 2.16x 1.85x
EV / EBIT 14.6x 16.7x 15.2x 9.1x 11x 6.86x 5.69x 4.67x
EV / FCF 24.1x 41.4x 21.5x 30.1x 8.07x 23.6x 12x 8.83x
FCF Yield 4.15% 2.42% 4.65% 3.32% 12.4% 4.25% 8.35% 11.3%
Dividend per Share 2 0.5 - - - - - - -
Rate of return 2.08% - - - - - - -
EPS 2 1.9 1 -0.5 -1.1 0.7 1.535 1.837 2.197
Distribution rate 26.3% - - - - - - -
Net sales 1 524.7 555.6 616 654.5 649.2 660.1 683.1 703.6
EBITDA 1 104.7 96.2 108.8 123.6 123.3 138 150.1 157.1
EBIT 1 39.9 25.67 31.67 39.48 38.09 50.8 56.9 62.23
Net income 1 26.22 13.62 -7.407 -14.71 9.398 21.45 25.57 30.47
Net Debt 1 251.3 229 238.5 184.5 232.3 203 178.1 144.8
Reference price 2 24.00 14.56 17.86 12.75 13.55 10.60 10.60 10.60
Nbr of stocks (in thousands) 13,796 13,660 13,638 13,712 13,768 13,731 - -
Announcement Date 24/03/22 23/03/23 27/03/24 27/03/25 26/03/26 - - -
1EUR in Million2EUR
Estimates

P/E, Detailed evolution



P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
6.93x0.53x2.53x-.--% 16Cr
27.07x10x16.33x0.72% 3,96300Cr
129.46x57.35x93.39x-.--% 48TCr
19.65x5.67x9.87x1.53% 40TCr
237.95x21.21x62.1x-.--% 31TCr
2492.9x41.72x136.46x-.--% 26TCr
27.78x5.59x17.62x1.36% 25TCr
88.78x8.8x23.56x-.--% 14TCr
59.45x16.05x42.27x-.--% 14TCr
485x20.62x81.51x-.--% 9.67TCr
Average 357.50x 18.76x 48.57x 0.36% 60.34TCr
Weighted average by Cap. 159.62x 15.51x 31.35x 0.63%

Y-o-Y evolution of P/E

Valuation ratios - P/E - Cegedim

Historical PBR trend

Valuation ratios - PBR - Cegedim

Evolution Enterprise Value / Sales

Valuation ratios - VE_REV - Cegedim

Change in Enterprise Value/EBITDA

Valuation ratios - VE_EBITDA - Cegedim


Year-on-year evolution of the Yield

Valuation ratios - Yield - Cegedim