Company Valuation: Cosumar SA

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 24,661 17,953 18,425 17,953 19,228 17,197 - -
Change - -27.2% 2.63% -2.56% 7.11% -10.57% - -
Enterprise Value (EV) 1 25,064 19,022 19,984 18,577 19,510 17,526 17,511 17,197
Change - -24.11% 5.06% -7.04% 5.02% -10.17% -0.08% -1.8%
P/E 32.3x - - 19.2x - 19.6x 16.6x 17.2x
PBR - - - - - - - -
PEG - - - - - - 0.9x -5.61x
Capitalization / Revenue 2.71x 1.72x 1.8x 1.75x 1.83x 1.58x 1.39x 1.43x
EV / Revenue 2.75x 1.82x 1.95x 1.81x 1.86x 1.61x 1.42x 1.43x
EV / EBITDA 13.1x 11.1x 10.9x 10.6x 11.7x 10.3x 8.87x -
EV / EBIT 17.8x 14.7x 14.5x 13.9x 15x 13.1x 11.2x -
EV / FCF 13.9x -563x 86.5x 9.84x 14.9x 19.5x 17.5x -
FCF Yield 7.2% -0.18% 1.16% 10.2% 6.7% 5.12% 5.7% -
Dividend per Share 2 6 7 7 10 - 10 10 11
Rate of return 2.3% 3.68% 3.59% 5.26% - 5.49% 5.49% 6.04%
EPS 2 8.075 - - 9.92 - 9.27 10.94 10.6
Distribution rate 74.3% - - 101% - 108% 91.4% 104%
Net sales 1 9,112 10,433 10,233 10,239 10,487 10,907 12,340 12,002
EBITDA 1 1,918 1,721 1,826 1,749 1,672 1,699 1,974 -
EBIT 1 1,408 1,294 1,375 1,341 1,298 1,339 1,570 -
Net income 1 763 826 1,009 850.4 703.7 876 1,034 1,002
Net Debt 1 403 1,070 1,559 624.8 281.9 329 314.5 -
Reference price 2 261.00 190.00 195.00 190.00 203.50 182.00 182.00 182.00
Nbr of stocks (in thousands) 94,487 94,487 94,487 94,487 94,487 94,487 - -
Announcement Date 30/04/22 16/03/23 29/04/24 30/04/25 30/04/26 - - -
1MAD in Million2MAD
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
19.63x1.61x10.32x5.49% 183.26Cr
29.15x0.5x6.87x1.41% 267.69Cr
-228.04x1.58x7.83x3.6% 140.09Cr
30.19x2.52x20.35x0.58% 133.73Cr
9.45x1.42x3.26x4.12% 90Cr
Average -27.92x 1.53x 9.72x 3.04% 162.9Cr
Weighted average by Cap. -19.22x 1.37x 9.62x 2.87%

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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  4. Valuation Cosumar SA