Company Valuation: Eramet

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 2,064 2,227 2,041 1,541 1,635 1,572 - -
Change - 7.91% -8.36% -24.51% 6.12% -3.86% - -
Enterprise Value (EV) 1 3,000 2,571 2,655 2,838 3,570 3,420 3,366 3,188
Change - -14.3% 3.26% 6.89% 25.81% -4.21% -1.56% -5.31%
P/E Ratio 6.9x 3.25x 18.9x 108x -3.46x -8.37x 22.3x 9.1x
PBR 1.89x 1.37x 1.29x 1.07x 2.29x 2.1x 1.77x 1.7x
PEG - 0x -0.2x -1.2x 0x 0.1x -0x 0x
Capitalization / Revenue 0.56x 0.44x 0.63x 0.53x 0.59x 0.5x 0.44x 0.43x
EV / Revenue 0.82x 0.51x 0.82x 0.97x 1.3x 1.08x 0.95x 0.87x
EV / EBITDA 2.85x 1.66x 7.65x 7.65x 9.6x 7.26x 4.74x 4.2x
EV / EBIT 3.83x 2.01x 20.9x 29.3x 325x 13.3x 7.22x 6.58x
EV / FCF 7.48x 4.39x -5.71x -3.9x -4.81x -12.5x -94x 50.3x
FCF Yield 13.4% 22.8% -17.5% -25.6% -20.8% -7.99% -1.06% 1.99%
Dividend per Share 2 2.5 3.5 1.5 1.5 - - 0.498 0.75
Rate of return 3.47% 4.17% 2.1% 2.77% - - 0.9% 1.36%
EPS 2 10.42 25.81 3.79 0.5 -16.67 -6.585 2.471 6.062
Distribution rate 24% 13.6% 39.6% 300% - - 20.2% 12.4%
Net sales 1 3,668 5,014 3,251 2,933 2,753 3,158 3,546 3,666
EBITDA 1 1,051 1,553 347 371 372 471.1 711 759.5
EBIT 1 784 1,280 127 97 11 256.5 466.3 484.1
Net income 1 298 740 109 14 -477 -183.6 66.22 84.65
Net Debt 1 936 344 614 1,297 1,935 1,848 1,795 1,616
Reference price 2 71.95 83.85 71.50 54.15 57.65 55.15 55.15 55.15
Nbr of stocks (in thousands) 28,683 26,558 28,542 28,451 28,359 28,502 - -
Announcement Date 23/02/22 22/02/23 21/02/24 19/02/25 18/02/26 - - -
1EUR in Million2EUR
Estimates

P/E Ratio, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
-8.37x1.08x7.26x-.--% 181.99Cr
17.47x4.1x7.32x3.41% 23TCr
12.36x3.03x6.53x4.75% 18TCr
14.32x4.26x7.16x3.48% 9.49TCr
13.82x0.44x6.22x2.86% 9.26TCr
17.54x6.03x13.7x-.--% 6.1TCr
29.07x3.1x7.96x1.26% 5.76TCr
17.82x3.34x7.06x0.59% 3.18TCr
11.92x4.16x6.04x4.39% 2.97TCr
17.71x5.94x10.95x3.66% 2.49TCr
Average 14.36x 3.55x 8.02x 2.44% 8TCr
Weighted average by Cap. 16.12x 3.55x 7.58x 3.17%

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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