Company Valuation: Aliaxis SA

Data adjusted to current consolidation scope
Fiscal Period: December 2020 2021 2022 2023 2024 2025
Market Cap 1 1,331 2,160 2,659 2,203 2,343 1,717
Change - 62.31% 23.11% -17.16% 6.34% -26.7%
Enterprise Value (EV) 1 1,774 2,261 3,375 2,957 3,311 2,637
Change - 27.49% 49.23% -12.38% 11.99% -20.38%
P/E 6.7x 5.45x 7.21x 6.83x 21.6x -24.9x
PBR 0.95x 1.13x 1.2x 0.91x 0.95x 0.82x
PEG - 0.1x -0.99x -0.5x -0.3x 0x
Capitalization / Revenue 0.46x 0.59x 0.61x 0.54x 0.6x 0.48x
EV / Revenue 0.61x 0.62x 0.78x 0.73x 0.85x 0.74x
EV / EBITDA 4.15x 3.52x 4.82x 5.08x 7.1x 8.42x
EV / EBIT 5.67x 4.23x 5.86x 6.72x 11x 20.4x
EV / FCF 5.27x 10.6x -9.9x 9.27x -192x 9.25x
FCF Yield 19% 9.43% -10.1% 10.8% -0.52% 10.8%
Dividend per Share 2 0.658 0.782 0.86 0.946 0.946 0.473
Rate of return 3.87% 2.83% 2.54% 3.38% 3.15% 2.15%
EPS 2 2.536 5.06 4.69 4.1 1.388 -0.8827
Distribution rate 25.9% 15.5% 18.3% 23.1% 68.1% -53.6%
Net sales 1 2,908 3,675 4,342 4,059 3,914 3,542
EBITDA 1 427.5 643.1 699.5 581.6 466.6 313
EBIT 1 312.7 534.1 576.2 440.1 302.1 129.4
Net income 1 198.5 397.8 369.4 322.2 108.4 -68.88
Net Debt 1 442.9 101.1 715.2 753.7 968.7 919.3
Reference price 2 17.00 27.60 33.80 28.00 30.00 22.00
Nbr of stocks (in thousands) 78,289 78,271 78,682 78,685 78,094 78,055
Announcement Date 4/1/21 3/28/22 4/19/23 4/10/24 4/10/25 3/31/26
1EUR in Million2EUR
Estimates


P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
- - - - 1.63B
29.33x5.86x19.86x2.36% 22.72B
21.47x3.36x11.15x0.6% 10.08B
55.99x5.04x30.8x0.32% 4.25B
16.36x1.8x9.57x1.7% 2.28B
16.57x2.37x12.06x4.89% 2B
5.97x0.76x4.95x5.95% 1.33B
17.94x1.65x12.27x2.49% 1.03B
Average 23.38x 2.98x 14.38x 2.61% 5.67B
Weighted average by Cap. 27.87x 4.58x 17.39x 1.95%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA


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