Company Valuation: Arcadis N.V.

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 3,735 3,287 4,394 5,284 3,063 3,800 - -
Change - -12% 33.67% 20.27% -42.03% 24.06% - -
Enterprise Value (EV) 1 3,903 4,292 5,267 6,023 3,860 4,536 4,374 4,177
Change - 9.98% 22.71% 14.36% -35.91% 17.5% -3.56% -4.51%
P/E 22.6x 24.1x 27.4x 21.8x 15.3x 16.5x 12.5x 11.3x
PBR 3.68x 3.15x 4.12x 4.29x 3.06x 3.44x 2.9x 2.48x
PEG - -1.3x 1.6x 0.4x -1.1x 1x 0.4x 1x
Capitalization / Revenue 1.11x 1.09x 1.17x 1.36x 0.81x 1x 0.97x 0.92x
EV / Revenue 1.16x 1.42x 1.4x 1.55x 1.03x 1.2x 1.11x 1.01x
EV / EBITDA 11.5x 10.7x 10.4x 10.8x 7.38x 8.52x 7.45x 6.66x
EV / EBIT 17.3x 14.5x 13.5x 13.5x 9.23x 10.6x 9.29x 8.25x
EV / FCF 13.2x 17.6x 27.7x 26.4x 13.4x 16.8x 15.3x 11.7x
FCF Yield 7.55% 5.68% 3.61% 3.79% 7.46% 5.95% 6.55% 8.58%
Dividend per Share 2 0.7 0.74 0.85 1 1.05 1.047 1.259 1.39
Rate of return 1.65% 2.02% 1.74% 1.7% 2.95% 2.35% 2.82% 3.12%
EPS 2 1.87 1.52 1.78 2.7 2.33 2.71 3.557 3.951
Distribution rate 37.4% 48.7% 47.8% 37% 45.1% 38.6% 35.4% 35.2%
Net sales 1 3,378 3,019 3,759 3,880 3,760 3,790 3,935 4,119
EBITDA 1 338 400 506 557 523 532.3 587.1 627.6
EBIT 1 225.9 295 391 447 418 429 470.7 506
Net income 1 167.9 135.5 160 243 208 225.1 298.3 332.3
Net Debt 1 167.7 1,005 873 739 797 735.5 573.9 376.7
Reference price 2 42.34 36.70 48.84 58.80 35.54 44.60 44.60 44.60
Nbr of stocks (in thousands) 88,217 89,565 89,961 89,866 86,190 85,206 - -
Announcement Date 2/16/22 2/16/23 2/22/24 2/12/25 2/18/26 - - -
1EUR in Million2EUR
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
16.98x1.23x8.75x2.28% 4.55B
52.61x2.41x23.03x0.07% 90.61B
12.58x1.07x5.88x4.65% 73.54B
27.06x2.07x20.34x1.12% 58.17B
31.27x3.92x21.26x0.22% 53.36B
52.3x4.2x26.71x1.7% 42.45B
29.64x0.73x12.09x2.09% 37.23B
24.15x0.49x7.79x2.44% 33.25B
22.6x1.54x14.21x0.2% 32.65B
5.54x0.33x5.1x5.2% 27.39B
Average 27.47x 1.80x 14.52x 2% 45.32B
Weighted average by Cap. 30.95x 2.02x 16.16x 1.8%

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

  1. Stock Market
  2. Stocks
  3. ARCAD Stock
  4. Valuation Arcadis N.V.