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 1,350 - -
Change - 7.91% -8.36% -24.51% 6.12% -17.44% - -
Enterprise Value (EV) 1 3,000 2,571 2,655 2,838 3,570 2,827 3,108 2,958
Change - -14.3% 3.26% 6.89% 25.81% -20.81% 9.96% -4.85%
P/E 6.9x 3.25x 18.9x 108x -3.46x -4.58x 27.6x 7.05x
PBR 1.89x 1.37x 1.29x 1.07x 2.29x 2.18x 1.98x 1.48x
PEG - 0x -0.2x -1.2x 0x 0.1x -0x 0x
Capitalization / Revenue 0.56x 0.44x 0.63x 0.53x 0.59x 0.41x 0.38x 0.37x
EV / Revenue 0.82x 0.51x 0.82x 0.97x 1.3x 0.86x 0.87x 0.81x
EV / EBITDA 2.85x 1.66x 7.65x 7.65x 9.6x 5.1x 4.29x 3.95x
EV / EBIT 3.83x 2.01x 20.9x 29.3x 325x 11x 6.19x 6.44x
EV / FCF 7.48x 4.39x -5.71x -3.9x -4.81x -11.8x -85.6x 56.8x
FCF Yield 13.4% 22.8% -17.5% -25.6% -20.8% -8.48% -1.17% 1.76%
Dividend per Share 2 2.5 3.5 1.5 1.5 - - 0.25 0.75
Rate of return 3.47% 4.17% 2.1% 2.77% - - 0.53% 1.58%
EPS 2 10.42 25.81 3.79 0.5 -16.67 -10.35 1.717 6.715
Distribution rate 24% 13.6% 39.6% 300% - - 14.6% 11.2%
Net sales 1 3,668 5,014 3,251 2,933 2,753 3,287 3,589 3,658
EBITDA 1 1,051 1,553 347 371 372 554.6 725.1 748.2
EBIT 1 784 1,280 127 97 11 258 502.5 459.1
Net income 1 298 740 109 14 -477 -296.2 36.29 113
Net Debt 1 936 344 614 1,297 1,935 1,477 1,759 1,608
Reference price 2 71.95 83.85 71.50 54.15 57.65 47.36 47.36 47.36
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, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
-4.66x0.87x5.14x-.--% 158.89Cr
20.75x4.1x7.33x3.49% 23TCr
11.96x2.97x6.48x4.9% 17TCr
15.91x4.53x7.5x3.17% 10TCr
12.56x0.39x6.24x3.39% 9.03TCr
25.57x6.83x16.25x-.--% 6.71TCr
52.17x3.22x7.89x1.76% 5.86TCr
15.34x3.17x6.27x0.59% 3.28TCr
13.38x4.34x6.54x4.57% 2.95TCr
13.52x4.87x8.64x3.76% 2.64TCr
Average 17.65x 3.53x 7.83x 2.56% 8.11TCr
Weighted average by Cap. 19.23x 3.65x 7.79x 3.25%

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