Valuation Sanofi

Equities

Real-time Euronext Paris Other stock markets 06:13:53 11/05/2026 pm IST			5-day change	1st Jan Change
73.35 ^EUR	+0.34%		-5.73%	-11.33%

08/05	A lot of noise, little impact?
08/05	Berenberg Calls for More Acquisitions from Sanofi; Estimates Updated	MT

Data adjusted to current consolidation scope

Fiscal Period: December	2021	2022	2023	2024	2025	2026	2027	2028
Capitalization ¹	1,11,194	1,12,665	1,12,549	1,16,968	1,00,655	87,736	-	-
Change	-	1.32%	-0.1%	3.93%	-13.95%	-12.83%	-	-
Enterprise Value (EV) ¹	1,21,177	1,19,102	1,20,342	1,25,740	1,11,663	99,998	98,134	97,427
Change	-	-1.71%	1.04%	4.49%	-11.2%	-10.45%	-1.86%	-0.72%
P/E ratio	17.8x	16.7x	20.8x	20.4x	12.9x	10.7x	9.92x	8.62x
PBR	1.62x	1.5x	1.52x	1.51x	1.41x	1.18x	1.12x	1.05x
PEG	-	2.07x	-1.1x	3.14x	0.3x	1.51x	1.31x	0.6x
Capitalization / Revenue	2.94x	2.62x	2.61x	2.85x	2.31x	1.88x	1.77x	1.69x
EV / Revenue	3.21x	2.77x	2.79x	3.06x	2.56x	2.14x	1.98x	1.87x
EV / EBITDA	9.95x	8.14x	8.44x	9.76x	8.22x	6.94x	6.44x	5.86x
EV / EBIT	11.3x	9.13x	9.5x	11.1x	9.19x	7.54x	7.02x	6.41x
EV / FCF	15x	14x	14.2x	21.1x	13.8x	11.6x	10.6x	9.33x
FCF Yield	6.68%	7.12%	7.04%	4.74%	7.24%	8.65%	9.43%	10.7%
Dividend per Share ²	3.33	3.56	3.76	3.92	4.12	4.288	4.523	4.821
Rate of return	3.76%	3.96%	4.19%	4.18%	4.98%	5.87%	6.19%	6.6%
EPS ²	4.97	5.37	4.31	4.59	6.4	6.852	7.372	8.481
Distribution rate	67%	66.3%	87.2%	85.4%	64.4%	62.6%	61.4%	56.8%
Net sales ¹	37,761	42,997	43,070	41,081	43,626	46,717	49,576	52,049
EBITDA ¹	12,183	14,627	14,259	12,889	13,583	14,418	15,249	16,633
EBIT ¹	10,714	13,040	12,670	11,343	12,149	13,261	13,983	15,192
Net income ¹	6,223	6,720	5,400	5,744	7,813	8,147	8,815	10,147
Net Debt ¹	9,983	6,437	7,793	8,772	11,008	12,262	10,398	9,691
Reference price ²	88.58	89.84	89.76	93.74	82.72	73.10	73.10	73.10
Nbr of stocks (in thousands)	12,55,293	12,54,060	12,53,891	12,47,793	12,16,810	12,00,220	-	-
Announcement Date	04/02/22	03/02/23	01/02/24	30/01/25	29/01/26	-	-	-

¹EUR in Million²EUR

Estimates

Add to a list 0 selected To use this feature you must be a member Log in Sign up	P/E (N)	EV / Sales (N)	EV / EBITDA (N)	Dividend Yield (N)	Capi.($)
SANOFI	10.67x	2.14x	6.94x	5.87%	10TCr
ELI LILLY AND COMPANY	27.83x	10.14x	20.87x	0.72%	85TCr
JOHNSON & JOHNSON	23.65x	5.46x	14.84x	2.41%	53TCr
ABBVIE INC.	24.57x	6.1x	12.42x	3.41%	36TCr
ROCHE HOLDING AG	16.67x	4.18x	10.31x	3.18%	32TCr
ASTRAZENECA PLC	22.88x	4.76x	13.54x	1.83%	28TCr
NOVARTIS AG	20.12x	5.43x	13.2x	3.09%	28TCr
MERCK & CO., INC.	49.69x	4.63x	17.34x	2.99%	28TCr
NOVO NORDISK A/S	13.18x	4.82x	9.89x	3.84%	20TCr
AMGEN INC.	21.33x	5.83x	10.12x	3.04%	18TCr
Average	23.06x	5.35x	12.95x	3.04%	33.79TCr
Weighted average by Cap.	24.74x	6.33x	14.83x	2.44%