Company Valuation: Imerys

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 3,096 3,073 2,403 2,381 2,021 2,024 - -
Change - -0.75% -21.8% -0.91% -15.13% 0.17% - -
Enterprise Value (EV) 1 4,547 4,739 3,521 3,656 3,412 3,598 3,567 3,382
Change - 4.22% -25.7% 3.84% -6.67% 5.43% -0.86% -5.17%
P/E 13.1x 13.2x 47.5x -25.2x -4.96x 16.5x 13.9x 11.2x
PBR 0.97x 0.92x 0.77x 0.73x 0.78x 0.74x 0.72x 0.68x
PEG - -12.28x -0.6x 0x -0x -0x 0.8x 0.5x
Capitalization / Revenue 0.71x 0.72x 0.63x 0.66x 0.6x 0.59x 0.57x 0.55x
EV / Revenue 1.04x 1.11x 0.93x 1.01x 1.01x 1.05x 1x 0.91x
EV / EBITDA 5.98x 6.58x 5.56x 5.42x 6.25x 6.43x 6.09x 5.58x
EV / EBIT 10.1x 10.8x 9.65x 9.28x 13.3x 14x 12.8x 11x
EV / FCF 22.1x 103x 16.5x 32.1x 30.5x 23.5x 25.3x 19.2x
FCF Yield 4.53% 0.97% 6.04% 3.12% 3.27% 4.26% 3.95% 5.21%
Dividend per Share 2 1.55 3.85 1.35 1.45 0.75 0.7767 0.8463 0.9449
Rate of return 4.24% 10.6% 4.74% 5.14% 3.13% 3.24% 3.53% 3.94%
EPS 2 2.79 2.76 0.6 -1.12 -4.83 1.454 1.724 2.149
Distribution rate 55.6% 139% 225% -129% -15.5% 53.4% 49.1% 44%
Net sales 1 4,383 4,282 3,794 3,605 3,384 3,429 3,554 3,707
EBITDA 1 761 720 633 675 546 559.7 585.5 606.5
EBIT 1 452 438.8 364.7 394 257.3 257.5 277.9 307.5
Net income 1 240 237.2 51.3 -95 -408.8 118 158.2 192.3
Net Debt 1 1,451 1,666 1,118 1,275 1,391 1,573 1,543 1,358
Reference price 2 36.54 36.34 28.48 28.20 23.94 23.98 23.98 23.98
Nbr of stocks (in thousands) 84,726 84,553 84,368 84,434 84,414 84,414 - -
Announcement Date 16/02/22 16/02/23 21/02/24 20/02/25 19/02/26 - - -
1EUR in Million2EUR
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
16.61x1.05x6.46x3.21% 235.34Cr
25.35x9.76x15x1.99% 16TCr
23.2x3.47x8.31x0.86% 9.89TCr
12.45x1.59x6.06x2.75% 5.85TCr
44.16x - - 0.44% 2.3TCr
24.03x4.15x12.7x1.07% 2.3TCr
8.99x0.29x8.69x4.51% 2.08TCr
21.58x1.27x10.57x2.03% 1.77TCr
11.85x1.64x11.45x2.74% 1.7TCr
Average 20.91x 2.90x 9.90x 2.18% 4.73TCr
Weighted average by Cap. 22.48x 5.45x 11.20x 1.86%

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