Company Valuation: Ipsen

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 6,621 8,279 8,912 9,155 9,770 13,358 - -
Change - 25.05% 7.65% 2.72% 6.72% 36.72% - -
Enterprise Value (EV) 1 6,758 7,894 8,860 9,020 9,225 11,932 10,932 10,103
Change - 16.81% 12.22% 1.81% 2.28% 29.33% -8.38% -7.58%
P/E 10.4x 12.9x 14x 26.7x 22.4x 14.7x 14.5x 14.5x
PBR 2.42x - 2.36x 2.22x 2.3x 2.66x 2.25x 1.94x
PEG - 20.02x -13.67x -0.6x 0.8x 0x 9.84x 123.47x
Capitalization / Revenue 2.31x 2.74x 2.85x 2.69x 2.49x 3.13x 2.98x 2.86x
EV / Revenue 2.36x 2.61x 2.83x 2.65x 2.35x 2.8x 2.44x 2.16x
EV / EBITDA 5.8x 5.86x 10.1x 7.52x 6.67x 7.11x 6.45x 6.04x
EV / EBIT 6.68x 7.08x 8.85x 8.13x 7.13x 8.27x 7.43x 6.88x
EV / FCF 8.31x 9.02x 12.5x 11.6x 8.93x 10.8x 9.54x 8.62x
FCF Yield 12% 11.1% 8.02% 8.59% 11.2% 9.22% 10.5% 11.6%
Dividend per Share 2 1.2 1.2 1.2 1.4 1.4 1.509 1.497 1.596
Rate of return 1.49% 1.19% 1.11% 1.26% 1.18% 0.93% 0.92% 0.98%
EPS 2 7.76 7.81 7.73 4.15 5.32 11.04 11.21 11.22
Distribution rate 15.5% 15.4% 15.5% 33.7% 26.3% 13.7% 13.4% 14.2%
Net sales 1 2,869 3,025 3,128 3,401 3,929 4,266 4,481 4,667
EBITDA 1 1,166 1,348 881.4 1,200 1,383 1,678 1,696 1,674
EBIT 1 1,011 1,115 1,001 1,109 1,294 1,442 1,472 1,468
Net income 1 646.6 647.5 647.2 347.3 444.5 945.1 947.2 941.6
Net Debt 1 137.8 -384.7 -52.9 -134.9 -544.5 -1,426 -2,426 -3,255
Reference price 2 80.50 100.50 107.90 110.70 119.00 162.70 162.70 162.70
Nbr of stocks (in thousands) 82,243 82,380 82,599 82,700 82,100 82,100 - -
Announcement Date 11/02/22 09/02/23 08/02/24 13/02/25 12/02/26 - - -
1EUR in Million2EUR
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
34.92x12.63x25.81x0.57% 1,06000Cr
27.42x6.3x17.1x2.08% 62TCr
30x7.34x15.02x2.76% 44TCr
17.98x4.45x11.01x2.97% 33TCr
21.52x5.52x13.36x2.86% 28TCr
21.56x4.53x12.65x1.94% 27TCr
14.17x5.3x10.9x3.52% 22TCr
23.77x6.31x11.12x2.78% 20TCr
-46.02x5.6x31.12x2.5% 16TCr
Average 16.15x 6.44x 16.46x 2.44% 39.71TCr
Weighted average by Cap. 23.86x 7.85x 18.16x 2%

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