Company Valuation: Evotec SE

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 7,444 2,696 3,765 1,453 966.4 527.6 - -
Change - -63.78% 39.63% -61.41% -33.49% -45.41% - -
Enterprise Value (EV) 1 7,099 2,485 3,787 1,669 938.7 670.4 689.7 700.8
Change - -65% 52.43% -55.93% -43.75% -28.58% 2.88% 1.6%
P/E 32.7x -15.4x -45.3x -7.38x -9.4x -2.53x -6.9x -157x
PBR 5.44x 2.27x 3.37x 6.89x 1.19x 0.82x 1x 1.01x
PEG - 0x 0.9x -0x 0.2x -0x 0.1x 1.6x
Capitalization / Revenue 12x 3.59x 4.82x 1.82x 1.23x 0.88x 0.73x 0.67x
EV / Revenue 11.5x 3.31x 4.85x 2.09x 1.19x 1.12x 0.95x 0.89x
EV / EBITDA 66.2x 24.4x 57.1x 74x 22.8x -10.4x 14.6x 7.41x
EV / EBIT 173x 119x -142x -11.7x -16.7x -2.77x -23.1x 27x
EV / FCF 2,155x 114x -21.4x -16.8x -11.5x -3.93x -12.1x 94.3x
FCF Yield 0.05% 0.88% -4.67% -5.95% -8.71% -25.4% -8.26% 1.06%
Dividend per Share 2 - - - - - - - -
Rate of return - - - - - - - -
EPS 2 1.3 -0.99 -0.47 -1.11 -0.58 -1.174 -0.4303 -0.019
Distribution rate - - - - - - - -
Net sales 1 618 751.4 781.4 797 788.4 600.9 724.1 784.8
EBITDA 1 107.3 101.7 66.35 22.56 41.1 -64.22 47.3 94.62
EBIT 1 41 20.85 -26.63 -142.5 -56.2 -242.1 -29.88 25.99
Net income 1 215.5 -175.7 -83.91 -196.1 -103.5 -202 -48.25 14.39
Net Debt 1 -345.3 -211.8 22.09 216 -27.66 142.8 162.2 173.2
Reference price 2 42.500 15.260 21.280 8.195 5.450 2.968 2.968 2.968
Nbr of stocks (in thousands) 1,75,162 1,76,703 1,76,936 1,77,303 1,77,323 1,77,749 - -
Announcement Date 12/04/22 12/05/23 24/04/24 17/04/25 08/04/26 - - -
1EUR in Million2EUR
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
31.04x5.6x16.76x1.05% 4.55TCr
-20.85x240.83x-22.36x-.--% 4.37TCr
33.71x3.27x14.1x-.--% 4.31TCr
45.39x5.23x28.64x-.--% 3.94TCr
27.03x8.15x20.66x0.42% 3.19TCr
33.41x5.47x24.85x-.--% 1.64TCr
23.57x2.06x8.94x1.13% 1.42TCr
74.44x3.94x15.27x-.--% 1.33TCr
Average 30.97x 34.32x 13.36x 0.33% 3.09TCr
Weighted average by Cap. 26.17x 46.68x 11.79x 0.31%

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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