Company Valuation: Lectra

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 1,584 1,329 1,181 986.2 969.3 755.5 - -
Change - -16.08% -11.13% -16.5% -1.72% -22.05% - -
Enterprise Value (EV) 1 1,592 1,318 1,164 1,007 990.6 812.3 851.8 833.6
Change - -17.26% -11.65% -13.52% -1.61% -18% 4.86% -2.14%
P/E 53.8x 30.3x 35.1x 31.7x 37.5x 28.9x 22.3x 16.7x
PBR 3.75x 2.96x 2.88x 2.79x 2.81x 2.11x 1.99x 1.85x
PEG - 0.6x -1.5x -4.03x -2.2x 8.95x 0.8x 0.5x
Capitalization / Revenue 4.09x 2.55x 2.47x 1.87x 1.91x 1.52x 1.44x 1.35x
EV / Revenue 4.11x 2.52x 2.44x 1.91x 1.95x 1.64x 1.62x 1.49x
EV / EBITDA 24.5x 13.4x 14.7x 11.1x 12.4x 10.6x 9.32x 7.85x
EV / EBIT 35.9x 19.2x 23.7x 18.8x 26x 21.6x 16.8x 12.7x
EV / FCF 32.9x 26.3x 22.2x 12.3x 15.5x 18.1x 14.1x 12.2x
FCF Yield 3.04% 3.8% 4.51% 8.1% 6.43% 5.53% 7.1% 8.22%
Dividend per Share 2 0.36 0.48 0.36 0.4 0.35 0.3504 0.4629 0.6066
Rate of return 0.86% 1.36% 1.15% 1.54% 1.37% 1.73% 2.28% 2.99%
EPS 2 0.78 1.16 0.89 0.82 0.68 0.702 0.9098 1.219
Distribution rate 46.2% 41.4% 40.4% 48.8% 51.5% 49.9% 50.9% 49.8%
Net sales 1 387.6 521.9 477.6 526.7 506.7 496.2 525.6 558.2
EBITDA 1 65.1 98.4 79 91.1 79.72 76.51 91.42 106.1
EBIT 1 44.4 68.48 49.05 53.64 38.17 37.56 50.77 65.46
Net income 1 28.2 43.8 32.6 29.6 25.96 27.23 35.38 46.33
Net Debt 1 8.8 -11.36 -16.96 20.58 21.32 56.8 96.3 78.1
Reference price 2 42.00 35.20 31.25 26.00 25.50 20.30 20.30 20.30
Nbr of stocks (in thousands) 37,705 37,755 37,796 37,931 38,011 37,218 - -
Announcement Date 09/02/22 08/02/23 14/02/24 12/02/25 11/02/26 - - -
1EUR in Million2EUR
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
28.92x1.64x10.62x1.73% 85Cr
21.86x3.6x12.56x3.04% 21TCr
22.46x4.73x11.6x0.74% 19TCr
-602.19x42.83x175.97x-.--% 12TCr
-134.17x18.64x102.49x-.--% 12TCr
14.77x1.61x8.44x3.25% 12TCr
13.47x2.43x9.22x6.1% 7.81TCr
19.46x5.19x12.74x2.88% 5.82TCr
-17.53x7.42x12.62x-.--% 4.94TCr
22.77x1.89x11.94x1.37% 4.48TCr
Average -61.02x 9.00x 36.82x 1.91% 9.97TCr
Weighted average by Cap. -78.15x 10.40x 42.81x 1.88%

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