Company Valuation: Virbac

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 3,584 1,927 3,035 2,651 2,995 2,802 - -
Change - -46.24% 57.52% -12.67% 13% -6.43% - -
Enterprise Value (EV) 1 3,510 1,848 2,983 2,819 3,168 2,929 2,878 2,761
Change - -47.37% 61.45% -5.49% 12.37% -7.54% -1.76% -4.05%
P/E 31.7x 15.8x 25x 18.3x 19.9x 16.4x 14.8x 13.5x
PBR 4.95x 2.29x 3.34x 2.54x 2.66x 2.2x 1.94x 1.72x
PEG - 2.06x -72.15x 0.9x 5.23x 1.2x 1.4x 1.39x
Capitalization / Revenue 3.37x 1.58x 2.43x 1.9x 2.04x 1.81x 1.7x 1.62x
EV / Revenue 3.3x 1.52x 2.39x 2.02x 2.16x 1.89x 1.75x 1.59x
EV / EBITDA 16.3x 8.27x 12.8x 9.96x 10.9x 9.3x 8.33x 7.4x
EV / EBIT 20.8x 10.1x 16.1x 12.4x 13.8x 11.5x 10.4x 9.11x
EV / FCF 36.5x 40.7x 50.8x 22.8x 29.7x 34.6x 24x 18.6x
FCF Yield 2.74% 2.46% 1.97% 4.39% 3.37% 2.89% 4.17% 5.36%
Dividend per Share 2 1.25 1.32 1.32 1.45 1.45 1.724 2.044 2.383
Rate of return 0.29% 0.58% 0.37% 0.46% 0.41% 0.52% 0.61% 0.71%
EPS 2 13.4 14.43 14.38 17.34 18 20.38 22.58 24.77
Distribution rate 9.33% 9.15% 9.18% 8.36% 8.06% 8.46% 9.05% 9.62%
Net sales 1 1,064 1,216 1,247 1,397 1,465 1,550 1,647 1,733
EBITDA 1 215.1 223.4 232.8 283 289.5 314.9 345.3 373
EBIT 1 168.9 182.8 184.9 227.5 229.7 254 278 303.2
Net income 1 113.2 122 121.3 145.3 150.9 171.1 189.9 208.8
Net Debt 1 -73.83 -79.36 -52.36 168.5 172.8 126.7 75.16 -41.24
Reference price 2 424.50 228.00 359.50 316.50 357.50 334.50 334.50 334.50
Nbr of stocks (in thousands) 8,443 8,451 8,443 8,375 8,378 8,378 - -
Announcement Date 22/03/22 23/03/23 19/03/24 13/03/25 17/03/26 - - -
1EUR in Million2EUR
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
16.41x1.89x9.3x0.52% 318.63Cr
11.67x3.89x8.9x2.88% 3.13TCr
252.86x3.04x15.32x-.--% 1.24TCr
7.66x1.1x4.06x3.43% 378.28Cr
32.83x3.77x13.45x-.--% 181.2Cr
48.9x - - 0.74% 186.49Cr
13.75x1.29x7.65x1.4% 138.08Cr
16.48x2.08x9.58x1.87% 107.79Cr
32.35x - - 0.46% 98Cr
14.95x1.06x5.02x1.31% 94Cr
Average 44.79x 2.26x 9.16x 1.26% 586.54Cr
Weighted average by Cap. 64.93x 3.25x 10.08x 1.91%

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