Company Valuation: Safran

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 45,891 49,905 66,595 88,393 1,24,127 1,48,158 - -
Change - 8.75% 33.44% 32.73% 40.43% 19.36% - -
Enterprise Value (EV) 1 47,435 49,891 66,221 86,655 1,22,389 1,44,490 1,42,248 1,39,541
Change - 5.18% 32.73% 30.86% 41.24% 18.06% -1.55% -1.9%
P/E 1,077x -20.3x 19.8x -133x 17.3x 35.9x 28.4x 25.3x
PBR 3.58x 4.77x 5.94x 8.77x 8.38x 9.55x 8.24x 6.96x
PEG - 0x -0x 1x -0x -0.9x 1.1x 2.1x
Capitalization / Revenue 3.01x 2.62x 2.87x 3.24x 3.96x 4.06x 3.7x 3.39x
EV / Revenue 3.11x 2.62x 2.85x 3.17x 3.91x 3.96x 3.56x 3.19x
EV / EBITDA 17.1x 13.6x 14.4x 16x 17.4x 18.1x 16.1x 14.3x
EV / EBIT 26.3x 20.7x 20.9x 21x 23.5x 22.4x 19.5x 17.2x
EV / FCF 28.2x 18.7x 22.5x 27.2x 31.2x 30.2x 26.7x 23.2x
FCF Yield 3.54% 5.34% 4.45% 3.68% 3.2% 3.31% 3.74% 4.31%
Dividend per Share 2 0.5 1.35 1.35 2.9 3.35 4.136 5.095 5.734
Rate of return 0.46% 1.15% 0.85% 1.37% 1.13% 1.16% 1.43% 1.6%
EPS 2 0.1 -5.76 8.07 -1.6 17.17 9.964 12.56 14.11
Distribution rate 500% -23.4% 16.7% -181% 19.5% 41.5% 40.6% 40.6%
Net sales 1 15,257 19,035 23,199 27,317 31,329 36,500 40,007 43,712
EBITDA 1 2,778 3,667 4,599 5,413 7,015 7,977 8,857 9,733
EBIT 1 1,805 2,408 3,166 4,119 5,197 6,445 7,280 8,097
Net income 1 43 -2,459 3,444 -667 7,177 4,119 5,243 5,881
Net Debt 1 1,544 -14 -374 -1,738 -1,738 -3,668 -5,910 -8,617
Reference price 2 107.66 116.92 159.46 212.10 297.40 357.40 357.40 357.40
Nbr of stocks (in thousands) 4,26,262 4,26,828 4,17,625 4,16,751 4,17,373 4,14,544 - -
Announcement Date 24/02/22 17/02/23 15/02/24 14/02/25 12/02/26 - - -
1EUR in Million2EUR
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
35.87x3.96x18.11x1.16% 17TCr
51.9x11.63x35.72x0.18% 11TCr
34.01x9.4x17.96x-.--% 6.77TCr
60.73x8.5x30.29x0.07% 4.28TCr
45.15x6.76x29.8x0.15% 2.55TCr
21.04x2.2x11.64x1.25% 2.31TCr
179.85x - - - 1.42TCr
24.49x1.8x12.8x-.--% 965.93Cr
47.13x - - - 807.1Cr
Average 55.57x 6.32x 22.33x 0.4% 5.28TCr
Weighted average by Cap. 45.69x 7.13x 23.83x 0.56%

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