Company Valuation: Ipsos

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 1,832 2,598 2,451 1,977 1,478 1,455 - -
Change - 41.8% -5.68% -19.33% -25.22% -1.61% - -
Enterprise Value (EV) 1 2,150 2,598 2,695 2,147 1,837 1,809 1,685 1,550
Change - 20.84% 3.72% -20.34% -14.45% -1.49% -6.85% -8.01%
P/E 10.2x 12.3x 15.8x 9.85x 8.02x 7.14x 6.54x 6.13x
PBR 1.37x 1.75x 1.73x 1.25x 0.94x 0.86x 0.82x 0.74x
PEG - 0.7x -0.7x 0.3x -0.96x 0.5x 0.71x 0.92x
Capitalization / Revenue 0.85x 1.08x 1.03x 0.81x 0.59x 0.57x 0.55x 0.53x
EV / Revenue 1x 1.08x 1.13x 0.88x 0.73x 0.71x 0.64x 0.57x
EV / EBITDA 6.02x 6.45x 6.21x 5.23x 4.47x 4.53x 3.98x 3.48x
EV / EBIT 7.75x 8.26x 8.63x 6.72x 5.94x 5.95x 5.14x 4.48x
EV / FCF 7.11x 9.62x 11.9x 8.01x 8.39x 9.14x 7.66x 6.41x
FCF Yield 14.1% 10.4% 8.37% 12.5% 11.9% 10.9% 13% 15.6%
Dividend per Share 2 1.15 1.35 1.65 1.85 2 2.134 2.302 2.45
Rate of return 2.79% 2.31% 2.91% 4.03% 5.84% 6.17% 6.66% 7.09%
EPS 2 4.04 4.74 3.59 4.66 4.27 4.839 5.285 5.637
Distribution rate 28.5% 28.5% 46% 39.7% 46.8% 44.1% 43.6% 43.5%
Net sales 1 2,147 2,405 2,390 2,441 2,525 2,566 2,641 2,722
EBITDA 1 357.2 402.9 434.1 410.7 410.6 399.7 424 445.1
EBIT 1 277.4 314.7 312.4 319.5 309.3 303.9 328.1 346.2
Net income 1 183.9 215.2 159.7 204.5 186.6 198.9 221.6 235.9
Net Debt 1 317.8 - 244.3 169.8 358.3 354.8 230.8 95.75
Reference price 2 41.25 58.50 56.75 45.92 34.26 34.56 34.56 34.56
Nbr of stocks (in thousands) 44,424 44,419 43,186 43,057 43,153 41,968 - -
Announcement Date 23/02/22 15/02/23 21/02/24 26/02/25 24/02/26 - - -
1EUR in Million2EUR
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
14.01x1.52x6.94x4.04% 2.8TCr
9.62x1.04x5.88x4.3% 2.18TCr
11.78x5.13x8.92x7.25% 1.01TCr
16.25x1.33x4.19x2.86% 598.55Cr
42.63x0.72x4.32x3.94% 552.9Cr
-55.43x1.81x7.62x0% 525.91Cr
14.69x0.49x4.95x1.61% 409.85Cr
35.06x4.57x12.35x-.--% 341.06Cr
Average 11.07x 2.08x 6.90x 3% 1.05TCr
Weighted average by Cap. 11.19x 1.85x 6.70x 3.87%

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

LAST HOURS | 40% Discount: The Best Subscriber-Only Tools to Unlock Hidden Opportunities!
d
:
:
SEIZE THE OFFER!