Company Valuation: Maurel

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 510 848 1,338 1,168 1,290 1,862 - -
Change - 66.25% 57.78% -12.71% 10.42% 44.39% - -
Enterprise Value (EV) 1 853 1,048 1,458 1,134 1,111 1,538 1,302 1,172
Change - 22.85% 39.12% -22.22% -2.05% 38.47% -15.31% -10.01%
P/E 4.25x 4.17x 6.41x 5.03x 3.16x 7.07x 7.73x 7.61x
PBR 0.76x 0.99x 1.31x 1x 0.86x 1.22x 1.14x 1.09x
PEG - 0.1x 3.3x 0.4x 0x -0.2x -0.91x 4.6x
Capitalization / Revenue 1.02x 1.25x 1.96x 1.45x 2.23x 2.56x 2.47x 2.47x
EV / Revenue 1.71x 1.55x 2.14x 1.4x 1.92x 2.11x 1.73x 1.56x
EV / EBITDA 3.05x 2.37x 4.06x 3.08x 4.46x 3.75x 3.41x 3.15x
EV / EBIT 5.4x 2.98x 7.55x 4.4x 2.76x 5.5x 5.49x 5.29x
EV / FCF 7.35x 3.98x 11.7x 8.62x -50.5x 13.7x 4.45x 5.45x
FCF Yield 13.6% 25.1% 8.55% 11.6% -1.98% 7.3% 22.5% 18.4%
Dividend per Share 2 0.0774 0.2465 0.249 0.3574 0.3804 0.442 0.3715 0.3243
Rate of return 2.99% 5.75% 3.7% 6.08% 5.86% 4.74% 3.98% 3.48%
EPS 2 0.61 1.03 1.05 1.17 2.05 1.318 1.206 1.226
Distribution rate 12.7% 23.9% 23.7% 30.5% 18.6% 33.5% 30.8% 26.4%
Net sales 1 500 676 682 808 578 727.9 752.6 752.6
EBITDA 1 280 443 359 368 249 410.3 382.4 371.5
EBIT 1 158 352 193 258 403 279.5 237.1 221.7
Net income 1 121 206 210 233 410 287.5 234.5 262.1
Net Debt 1 343 200 120 -34 -179 -324.3 -559.7 -690.1
Reference price 2 2.593 4.291 6.732 5.881 6.487 9.326 9.326 9.326
Nbr of stocks (in thousands) 1,96,702 1,97,616 1,98,754 1,98,610 1,98,807 1,99,665 - -
Announcement Date 18/03/22 14/03/23 01/03/24 06/03/25 12/03/26 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
6.97x2.08x3.68x4.81% 183.55Cr
12.48x2.39x5.46x2.56% 16TCr
12.45x3.31x6.32x3.58% 10TCr
8.63x2.63x4.6x2.85% 7.6TCr
7.71x2.54x4.04x1.7% 6.02TCr
9.92x1.43x4.71x1.95% 5.92TCr
12.09x3.63x5.15x2.17% 5.61TCr
9.46x2.59x5.03x2.29% 5.58TCr
12.39x3.44x5.17x5.68% 4.41TCr
12.74x4.12x6.06x1.22% 3.39TCr
Average 10.48x 2.82x 5.02x 2.88% 6.5TCr
Weighted average by Cap. 11.05x 2.78x 5.24x 2.71%

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