Company Valuation: Safran

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Capitalization 1 45,891 49,905 66,595 88,393 1,24,127 1,31,156 - -
Change - 8.75% 33.44% 32.73% 40.43% 5.66% - -
Enterprise Value (EV) 1 47,435 49,891 66,221 86,655 1,22,389 1,27,561 1,25,794 1,23,494
Change - 5.18% 32.73% 30.86% 41.24% 4.23% -1.38% -1.83%
P/E ratio 1,077x -20.3x 19.8x -133x 17.3x 32.9x 26.5x 23.5x
PBR 3.58x 4.77x 5.94x 8.77x 8.38x 8.69x 7.63x 6.34x
PEG - 0x -0x 1x -0x -0.7x 1.1x 1.8x
Capitalization / Revenue 3.01x 2.62x 2.87x 3.24x 3.96x 3.68x 3.35x 3.09x
EV / Revenue 3.11x 2.62x 2.85x 3.17x 3.91x 3.58x 3.21x 2.91x
EV / EBITDA 17.1x 13.6x 14.4x 16x 17.4x 16.5x 14.6x 13.1x
EV / EBIT 26.3x 20.7x 20.9x 21x 23.5x 20.7x 18x 15.9x
EV / FCF 28.2x 18.7x 22.5x 27.2x 31.2x 27.9x 24.4x 21.5x
FCF Yield 3.54% 5.34% 4.45% 3.68% 3.2% 3.58% 4.1% 4.65%
Dividend per Share 2 0.5 1.35 1.35 2.9 3.35 3.998 4.922 5.549
Rate of return 0.46% 1.15% 0.85% 1.37% 1.13% 1.27% 1.56% 1.76%
EPS 2 0.1 -5.76 8.07 -1.6 17.17 9.607 11.93 13.46
Distribution rate 500% -23.4% 16.7% -181% 19.5% 41.6% 41.3% 41.2%
Net sales 1 15,257 19,035 23,199 27,317 31,329 35,635 39,167 42,402
EBITDA 1 2,778 3,667 4,599 5,413 7,015 7,723 8,643 9,442
EBIT 1 1,805 2,408 3,166 4,119 5,197 6,164 6,990 7,782
Net income 1 43 -2,459 3,444 -667 7,177 4,008 4,973 5,608
Net Debt 1 1,544 -14 -374 -1,738 -1,738 -3,595 -5,361 -7,662
Reference price 2 107.66 116.92 159.46 212.10 297.40 316.00 316.00 316.00
Nbr of stocks (in thousands) 4,26,262 4,26,828 4,17,625 4,16,751 4,17,373 4,15,050 - -
Announcement Date 24/02/22 17/02/23 15/02/24 14/02/25 12/02/26 - - -
1EUR in Million2EUR
Estimates

P/E ratio, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
33.1x3.58x16.52x1.26% 15TCr
54.84x11.14x36.42x0.21% 10TCr
35.22x9.61x18.33x1.36% 6.92TCr
52.41x7.25x26.7x0.08% 3.5TCr
48.11x7.13x32.01x0.14% 2.67TCr
18.78x1.96x10.29x1.43% 2.08TCr
247.7x - - - 1.93TCr
51.68x - - - 914.88Cr
22.17x1.67x11.96x-.--% 895.84Cr
21.85x - - - 522.61Cr
Average 58.59x 6.05x 21.75x 0.64% 4.5TCr
Weighted average by Cap. 49.34x 6.85x 23.13x 0.83%

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