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 13,916 - -
Change - 25.05% 7.65% 2.72% 6.72% 42.44% - -
Enterprise Value (EV) 1 6,758 7,894 8,860 9,020 9,225 12,496 11,502 10,676
Change - 16.81% 12.22% 1.81% 2.28% 35.46% -7.95% -7.19%
P/E 10.4x 12.9x 14x 26.7x 22.4x 15.4x 15.2x 15.1x
PBR 2.42x - 2.36x 2.22x 2.3x 2.82x 2.34x 2.03x
PEG - 20.02x -13.67x -0.6x 0.8x 0x 8x 50.03x
Capitalization / Revenue 2.31x 2.74x 2.85x 2.69x 2.49x 3.26x 3.11x 2.98x
EV / Revenue 2.36x 2.61x 2.83x 2.65x 2.35x 2.93x 2.57x 2.29x
EV / EBITDA 5.8x 5.86x 10.1x 7.52x 6.67x 7.49x 6.79x 6.38x
EV / EBIT 6.68x 7.08x 8.85x 8.13x 7.13x 8.71x 7.83x 7.27x
EV / FCF 8.31x 9.02x 12.5x 11.6x 8.93x 11.4x 10x 9.11x
FCF Yield 12% 11.1% 8.02% 8.59% 11.2% 8.81% 9.97% 11%
Dividend per Share 2 1.2 1.2 1.2 1.4 1.4 1.436 1.489 1.582
Rate of return 1.49% 1.19% 1.11% 1.26% 1.18% 0.85% 0.88% 0.93%
EPS 2 7.76 7.81 7.73 4.15 5.32 10.97 11.18 11.22
Distribution rate 15.5% 15.4% 15.5% 33.7% 26.3% 13.1% 13.3% 14.1%
Net sales 1 2,869 3,025 3,128 3,401 3,929 4,265 4,479 4,667
EBITDA 1 1,166 1,348 881.4 1,200 1,383 1,669 1,693 1,674
EBIT 1 1,011 1,115 1,001 1,109 1,294 1,434 1,470 1,468
Net income 1 646.6 647.5 647.2 347.3 444.5 939.7 948.5 947.3
Net Debt 1 137.8 -384.7 -52.9 -134.9 -544.5 -1,419 -2,414 -3,240
Reference price 2 80.50 100.50 107.90 110.70 119.00 169.50 169.50 169.50
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.($)
35.08x12.75x25.97x0.57% 1,07000Cr
27.67x6.37x17.29x2.06% 62TCr
31.08x7.52x15.39x2.69% 45TCr
17.65x4.4x10.87x3.02% 33TCr
23.53x4.92x13.75x1.77% 29TCr
21.61x5.56x13.43x2.84% 28TCr
14.17x5.28x10.84x3.53% 22TCr
23.97x6.34x11.16x2.75% 20TCr
-45.95x5.59x31.09x2.5% 16TCr
Average 16.53x 6.53x 16.64x 2.42% 40.27TCr
Weighted average by Cap. 24.29x 7.93x 18.34x 1.97%

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