Company Valuation: Legrand

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 27,448 19,952 24,667 24,652 33,297 35,205 - -
Change - -27.31% 23.63% -0.06% 35.07% 5.73% - -
Enterprise Value (EV) 1 29,973 22,271 26,673 27,658 37,519 39,889 39,760 39,100
Change - -25.7% 19.76% 3.69% 35.66% 6.32% -0.32% -1.66%
P/E 30.6x 20.1x 21.9x 21.3x 27x 24.2x 21.8x 19.9x
PBR 4.81x 3.01x 3.74x 3.29x - 4.29x 3.9x 3.51x
PEG - 1.9x 1.4x 7.7x 4.23x 1.3x 1.9x 2.14x
Capitalization / Revenue 3.92x 2.39x 2.93x 2.85x 3.51x 3.25x 2.97x 2.74x
EV / Revenue 4.29x 2.67x 3.17x 3.2x 3.96x 3.68x 3.35x 3.04x
EV / EBITDA 18.2x 12x 13.6x 13.5x 16.6x 15.4x 13.9x 12.6x
EV / EBIT 20.9x 13.1x 15.1x 15.6x 19.1x 17.7x 16x 14.4x
EV / FCF 31.5x 21.5x 16.8x 21.4x 28.2x 25.5x 23.3x 21x
FCF Yield 3.18% 4.65% 5.94% 4.67% 3.55% 3.92% 4.29% 4.76%
Dividend per Share 2 1.42 1.65 1.9 2.09 2.2 2.737 3.02 3.302
Rate of return 1.38% 2.21% 2.02% 2.22% 1.73% 2.04% 2.25% 2.46%
EPS 2 3.366 3.726 4.304 4.423 4.705 5.551 6.174 6.749
Distribution rate 42.2% 44.3% 44.1% 47.3% 46.8% 49.3% 48.9% 48.9%
Net sales 1 6,994 8,339 8,417 8,649 9,481 10,839 11,860 12,843
EBITDA 1 1,650 1,859 1,962 2,047 2,254 2,583 2,851 3,106
EBIT 1 1,434 1,702 1,770 1,776 1,962 2,249 2,485 2,717
Net income 1 904.5 999.5 1,148 1,166 1,245 1,459 1,624 1,798
Net Debt 1 2,524 2,319 2,006 3,006 4,223 4,684 4,556 3,895
Reference price 2 102.90 74.82 94.10 94.04 127.25 134.30 134.30 134.30
Nbr of stocks (in thousands) 2,66,749 2,66,669 2,62,133 2,62,145 2,61,662 2,62,136 - -
Announcement Date 10/02/22 09/02/23 15/02/24 13/02/25 12/02/26 - - -
1EUR in Million2EUR
Estimates

P/E, Detailed evolution

P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
18.22x2.48x11.05x2.78% 26TCr
25.72x3x16.38x2.07% 24TCr
28.85x3.73x17.22x1.72% 17TCr
34.74x5.37x22.89x1.07% 16TCr
43.95x5.86x25.43x0.99% 14TCr
49.73x7.98x32.47x0.09% 11TCr
100.5x13.91x72.78x0.3% 11TCr
30.28x4.95x17.27x1.49% 8.29TCr
33.4x6.97x21.73x0.56% 5.55TCr
Average 40.60x 6.03x 26.36x 1.23% 14.87TCr
Weighted average by Cap. 36.60x 5.20x 23.58x 1.52%

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