Company Valuation: LDC SA

Data adjusted to current consolidation scope
Fiscal Period: February 2022 2023 2024 2025 2026 2027 2028 2029
Market Cap 1 1,656 1,960 2,314 2,339 3,494 3,698 - -
Change - 18.36% 18.09% 1.07% 49.39% 5.83% - -
Enterprise Value (EV) 1 1,475 1,579 1,833 2,055 3,315 3,366 3,182 2,840
Change - 7.08% 16.1% 12.12% 61.3% 1.52% -5.47% -10.74%
P/E 9.83x 8.72x 7.51x 9.59x 10.8x 11.1x 10.3x 10.5x
PBR 0.97x 1.05x 1.1x 1.02x 1.37x 1.31x 1.2x 1.1x
PEG - 0.3x 0.2x -0.5x 0.3x 2.44x 1.38x -5.83x
Capitalization / Revenue 0.33x 0.34x 0.37x 0.37x 0.48x 0.46x 0.44x 0.45x
EV / Revenue 0.29x 0.27x 0.3x 0.33x 0.46x 0.42x 0.38x 0.35x
EV / EBITDA 3.7x 2.88x 3.33x 4.01x 4.61x 4.51x 3.99x 3.72x
EV / EBIT 7.07x 5.27x 4.95x 6.47x 7.76x 7.58x 6.65x 6.24x
EV / FCF 19.3x 6.35x 9.29x 15.7x 11.9x 14x 11.3x -
FCF Yield 5.17% 15.7% 10.8% 6.38% 8.37% 7.15% 8.89% -
Dividend per Share 2 1 1.35 1.8 1.55 2.25 2.079 2.234 3.4
Rate of return 2.12% 2.41% 2.73% 2.29% 2.24% 1.93% 2.07% 3.15%
EPS 2 4.79 6.42 8.79 7.04 9.28 9.703 10.43 10.24
Distribution rate 20.9% 21% 20.5% 22% 24.2% 21.4% 21.4% 33.2%
Net sales 1 5,069 5,846 6,198 6,324 7,283 7,984 8,435 8,188
EBITDA 1 399 547.4 550.2 512.6 719.7 746.5 797.1 762.5
EBIT 1 208.5 299.9 370.3 317.6 427 444.3 478.4 455.2
Net income 1 165.1 224.7 304.4 243.6 321.5 336 363.2 354.5
Net Debt 1 -181 -380.6 -480.8 -283.4 -178.7 -332 -516.2 -857.8
Reference price 2 47.10 56.00 66.00 67.54 100.60 107.80 107.80 107.80
Nbr of stocks (in thousands) 35,150 34,993 35,061 34,629 34,732 34,625 - -
Announcement Date 24/05/22 24/05/23 29/05/24 21/05/25 30/06/26 - - -
1EUR in Million2EUR
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
11.11x0.43x4.56x1.93% 432.71Cr
19.11x0.47x7.47x3.68% 1.93TCr
14.4x0.35x5.96x6.91% 1.44TCr
16.33x1.46x10.68x5.5% 1.23TCr
7.76x0.42x3.68x7.86% 1.23TCr
16.76x1.17x10.36x5.32% 1.21TCr
8.68x0.57x5.26x5.37% 859.99Cr
17.6x0.53x7.14x-.--% 740.28Cr
29.22x0.44x5.6x0.74% 491.57Cr
18.68x1.16x9.35x1.88% 306.38Cr
Average 15.96x 0.70x 7.00x 3.92% 987.55Cr
Weighted average by Cap. 15.49x 0.69x 7.15x 4.69%

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