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 2,781 - -
Change - -46.24% 57.52% -12.67% 13% -7.13% - -
Enterprise Value (EV) 1 3,510 1,848 2,983 2,819 3,168 2,908 2,857 2,740
Change - -47.37% 61.45% -5.49% 12.37% -8.2% -1.77% -4.07%
P/E 31.7x 15.8x 25x 18.3x 19.9x 16.3x 14.7x 13.4x
PBR 4.95x 2.29x 3.34x 2.54x 2.66x 2.18x 1.92x 1.71x
PEG - 2.06x -72.15x 0.9x 5.23x 1.2x 1.4x 1.38x
Capitalization / Revenue 3.37x 1.58x 2.43x 1.9x 2.04x 1.79x 1.69x 1.6x
EV / Revenue 3.3x 1.52x 2.39x 2.02x 2.16x 1.88x 1.73x 1.58x
EV / EBITDA 16.3x 8.27x 12.8x 9.96x 10.9x 9.23x 8.27x 7.35x
EV / EBIT 20.8x 10.1x 16.1x 12.4x 13.8x 11.5x 10.3x 9.04x
EV / FCF 36.5x 40.7x 50.8x 22.8x 29.7x 34.4x 23.8x 18.5x
FCF Yield 2.74% 2.46% 1.97% 4.39% 3.37% 2.91% 4.2% 5.4%
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% 0.62% 0.72%
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 2 424.50 228.00 359.50 316.50 357.50 332.00 332.00 332.00
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.($)
16.29x1.88x9.23x0.52% 316.68Cr
11.79x3.93x8.98x2.85% 3.16TCr
254.18x3.05x15.39x-.--% 1.24TCr
7.34x1.05x3.88x3.58% 362.51Cr
33.32x3.82x13.63x-.--% 184.16Cr
47.33x - - 0.76% 180.59Cr
13.75x1.29x7.65x1.4% 138.06Cr
15.91x2.01x9.27x1.93% 104.15Cr
15.1x1.07x5.09x1.29% 95Cr
31.35x - - 0.48% 95Cr
Average 44.64x 2.26x 9.14x 1.28% 587.83Cr
Weighted average by Cap. 65.31x 3.28x 10.14x 1.9%

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