Company Valuation: Sodexo

Data adjusted to current consolidation scope
Fiscal Period: August 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 10,218 11,176 14,455 11,783 7,487 7,817 - -
Change - 9.37% 29.34% -18.49% -36.46% 4.41% - -
Enterprise Value (EV) 1 11,696 12,444 18,854 14,383 10,174 10,959 11,088 11,081
Change - 6.39% 51.51% -23.71% -29.26% 7.71% 1.17% -0.06%
P/E 74.5x 16.3x 18.4x 71.2x 10.9x 31.4x 24.7x 16.3x
PBR 3.26x 2.55x 3.21x 3.12x 2x 2.11x 2.07x 1.93x
PEG - 0x 1.3x -0.9x 0x -0.5x 0.9x 0.3x
Capitalization / Revenue 0.59x 0.53x 0.61x 0.5x 0.31x 0.33x 0.32x 0.31x
EV / Revenue 0.67x 0.59x 0.79x 0.6x 0.42x 0.46x 0.45x 0.43x
EV / EBITDA 9.92x 7.87x 10.5x 9.32x 6.39x 8.64x 8.26x 7.36x
EV / EBIT 20.2x 11.8x 14.1x 13x 8.93x 13.9x 13.3x 11.3x
EV / FCF 24.2x 19.7x 23.2x 16.9x 20.1x 46.3x 39.7x 28.6x
FCF Yield 4.13% 5.07% 4.31% 5.92% 4.96% 2.16% 2.52% 3.5%
Dividend per Share 2 2 2.4 3.1 2.65 2.7 1.65 1.695 2.039
Rate of return 2.86% 3.14% 3.13% 3.29% 5.26% 3.08% 3.16% 3.8%
EPS 2 0.94 4.69 5.38 1.13 4.71 1.71 2.167 3.288
Distribution rate 213% 51.2% 57.6% 235% 57.3% 96.5% 78.2% 62%
Net sales 1 17,428 21,125 23,727 23,798 24,074 23,830 24,636 25,526
EBITDA 1 1,179 1,582 1,793 1,543 1,593 1,269 1,343 1,506
EBIT 1 578 1,059 1,335 1,109 1,139 787.3 834.8 978.6
Net income 1 139 695 794 168 695 249.2 314.7 487.3
Net Debt 1 1,478 1,268 4,399 2,600 2,687 3,142 3,271 3,264
Reference price 2 70.02 76.44 99.02 80.50 51.30 53.60 53.60 53.60
Nbr of stocks (in thousands) 1,45,930 1,46,205 1,45,982 1,46,372 1,45,951 1,45,841 - -
Announcement Date 27/10/21 26/10/22 26/10/23 24/10/24 23/10/25 - - -
1EUR in Million2EUR
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
31.53x0.46x8.67x3.06% 884.73Cr
18.13x7.22x13.07x3.23% 16TCr
41.72x3.32x21.55x2.66% 11TCr
22.18x1.15x11.25x2.48% 5.06TCr
28.74x3.54x20.07x-.--% 4.09TCr
14.57x5.44x16.2x2.22% 3.71TCr
15.64x3.69x11.5x3.69% 2.44TCr
17.83x1.83x11.02x3.23% 2.27TCr
30.74x0.96x12.41x0.86% 1.46TCr
13.53x0.96x6.29x2.97% 1.36TCr
Average 23.46x 2.86x 13.20x 2.44% 4.85TCr
Weighted average by Cap. 24.78x 4.36x 15.13x 2.62%

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