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 1,444 - -
Change - 7.91% -8.36% -24.51% 6.12% -11.7% - -
Enterprise Value (EV) 1 3,000 2,571 2,655 2,838 3,570 3,291 3,238 3,059
Change - -14.3% 3.26% 6.89% 25.81% -7.8% -1.62% -5.52%
P/E 6.9x 3.25x 18.9x 108x -3.46x -7.69x 20.5x 8.36x
PBR 1.89x 1.37x 1.29x 1.07x 2.29x 1.93x 1.63x 1.56x
PEG - 0x -0.2x -1.2x 0x 0.1x -0x 0x
Capitalization / Revenue 0.56x 0.44x 0.63x 0.53x 0.59x 0.46x 0.41x 0.39x
EV / Revenue 0.82x 0.51x 0.82x 0.97x 1.3x 1.04x 0.91x 0.83x
EV / EBITDA 2.85x 1.66x 7.65x 7.65x 9.6x 6.99x 4.55x 4.03x
EV / EBIT 3.83x 2.01x 20.9x 29.3x 325x 12.8x 6.94x 6.32x
EV / FCF 7.48x 4.39x -5.71x -3.9x -4.81x -12.1x -90.5x 48.3x
FCF Yield 13.4% 22.8% -17.5% -25.6% -20.8% -8.3% -1.11% 2.07%
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% - - 0.98% 1.48%
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 1,553 347 371 372 471.1 711 759.4
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 50.65 50.65 50.65
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.($)
-7.69x1.04x6.99x-.--% 165.57Cr
16.94x3.97x7.07x3.52% 22TCr
11.52x2.85x6.14x5.1% 17TCr
14.24x4.19x7x3.54% 9.35TCr
12.57x0.41x5.84x2.84% 8.63TCr
22.37x6.62x14.95x-.--% 6.7TCr
27.63x3.01x7.63x1.33% 5.51TCr
17.34x3.28x6.98x0.6% 3.07TCr
11.35x4.05x5.87x4.66% 2.9TCr
13.6x4.84x8.48x4.31% 2.52TCr
Average 13.99x 3.43x 7.70x 2.59% 7.76TCr
Weighted average by Cap. 15.82x 3.52x 7.44x 3.28%

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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