Company Valuation: Publicis Groupe S.A.

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Capitalization 1 14,760 14,964 21,042 25,852 22,228 19,311 - -
Change - 1.38% 40.62% 22.86% -14.02% -13.12% - -
Enterprise Value (EV) 1 14,836 14,330 20,133 25,077 21,680 18,240 17,220 16,286
Change - -3.41% 40.5% 24.56% -13.55% -15.86% -5.6% -5.42%
P/E ratio 14.5x 12.3x 16.2x 15.7x 13.6x 11.1x 10.4x 9.76x
PBR 1.72x 1.51x 2.15x 2.34x 2.14x 1.72x 1.59x 1.44x
PEG - 0.7x 2.23x 0.6x -29.69x 1.54x 1.46x 1.58x
Capitalization / Revenue 1.41x 1.19x 1.61x 1.85x 1.53x 1.28x 1.22x 1.17x
EV / Revenue 1.41x 1.14x 1.54x 1.8x 1.49x 1.21x 1.09x 0.99x
EV / EBITDA 6.4x 5.12x 7.08x 8.32x 6.84x 5.47x 4.89x 4.39x
EV / EBIT 8.06x 6.32x 8.52x 9.96x 8.19x 6.55x 5.85x 5.24x
EV / FCF 8.98x 6.46x 10.8x 12.2x 8.05x 8.38x 7.31x 6.4x
FCF Yield 11.1% 15.5% 9.28% 8.23% 12.4% 11.9% 13.7% 15.6%
Dividend per Share 2 2.4 2.9 3.4 3.6 3.75 3.882 4.142 4.361
Rate of return 4.05% 4.88% 4.05% 3.5% 4.23% 5% 5.34% 5.62%
EPS 2 4.08 4.82 5.17 6.55 6.52 6.989 7.489 7.951
Distribution rate 58.8% 60.2% 65.8% 55% 57.5% 55.5% 55.3% 54.8%
Net sales 1 10,487 12,572 13,099 13,965 14,547 15,035 15,812 16,522
EBITDA 1 2,317 2,801 2,845 3,014 3,168 3,336 3,520 3,709
EBIT 1 1,840 2,266 2,363 2,519 2,648 2,783 2,946 3,111
Net income 1 1,027 1,222 1,312 1,660 1,653 1,801 1,925 2,010
Net Debt 1 76 -634 -909 -775 -548 -1,071 -2,092 -3,025
Reference price 2 59.20 59.42 84.00 103.00 88.62 77.62 77.62 77.62
Nbr of stocks (in thousands) 2,49,332 2,51,832 2,50,502 2,50,991 2,50,818 2,48,794 - -
Announcement Date 03/02/22 02/02/23 08/02/24 04/02/25 03/02/26 - - -
1EUR in Million2EUR
Estimates

P/E ratio, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
11.11x1.21x5.47x5% 2.25TCr
7.93x0.94x4.95x4.78% 2.04TCr
14.04x6.21x11x6.26% 1.26TCr
14.17x1.61x4.93x3.66% 466.59Cr
16.08x0.52x5.28x1.54% 422.15Cr
7.49x0.6x3.57x5.7% 382.25Cr
-33.44x1.19x5.03x-.--% 241.99Cr
17.78x0.35x5.15x2.98% 243.49Cr
Average 6.89x 1.58x 5.67x 3.74% 913.85Cr
Weighted average by Cap. 9.77x 1.92x 6.11x 4.67%

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

  1. Stock Market
  2. Equities
  3. PUB Stock
  4. Valuation Publicis Groupe S.A.