Company Valuation: Assystem

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 554.4 600.4 736.4 701.6 634.2 603.9 - -
Change - 8.3% 22.65% -4.73% -9.6% -4.77% - -
Enterprise Value (EV) 1 653.7 651.3 788.6 750.9 693.9 651.9 643.2 591.1
Change - -0.37% 21.08% -4.79% -7.59% -6.05% -1.33% -8.09%
P/E 16.4x 12.5x 7.29x 87.9x 85.7x 15.2x 13.8x 12.8x
PBR 1.57x 1.82x 1.53x 2.35x 2.21x 1.97x 1.77x 1.69x
PEG - 0.3x 0x -1x -10.86x 0x 1.42x 1.61x
Capitalization / Revenue 1.15x 1.22x 1.28x 1.15x 0.97x 0.9x 0.86x 0.83x
EV / Revenue 1.35x 1.32x 1.37x 1.23x 1.06x 0.97x 0.92x 0.81x
EV / EBITDA 14.8x 13.7x 13.9x 13.1x 11.2x 10.2x 9.78x 8.39x
EV / EBIT 21.4x 20.9x 18.7x 30.9x 15.4x 13.8x 13x 11.5x
EV / FCF 97.6x 20.6x 25.4x 21.7x 16.4x 15.6x 15.5x 10.8x
FCF Yield 1.02% 4.85% 3.93% 4.61% 6.08% 6.41% 6.46% 9.24%
Dividend per Share 2 1 1 - 1 1 1 0.97 1.05
Rate of return 2.67% 2.46% - 2.1% 2.34% 2.46% 2.38% 2.58%
EPS 2 2.281 3.242 6.789 0.5408 0.4981 2.682 2.943 3.177
Distribution rate 43.8% 30.8% - 185% 201% 37.3% 33% 33.1%
Net sales 1 483.1 493.5 577.5 611.3 656.6 674.8 700.5 728
EBITDA 1 44.1 47.5 56.9 57.1 61.8 64.17 65.76 70.48
EBIT 1 30.5 31.2 42.1 24.3 45 47.22 49.51 51.47
Net income 1 34.2 48.9 102 8.3 7.4 41.7 45.25 52.9
Net Debt 1 99.3 50.9 52.2 49.3 59.7 47.94 39.24 -12.81
Reference price 2 37.50 40.60 49.50 47.55 42.70 40.70 40.70 40.70
Nbr of stocks (in thousands) 14,785 14,788 14,877 14,754 14,852 14,839 - -
Announcement Date 3/15/22 3/14/23 3/13/24 3/18/25 3/10/26 - - -
1EUR in Million2EUR
Estimates

P/E, Detailed evolution

P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
15.17x0.97x10.16x2.46% 688M
71.4x3.08x30.05x0.06% 104B
13.71x1.1x6.03x4.27% 75.03B
43.23x5.37x29.85x0.16% 65.55B
27.11x2.05x19.94x1.15% 59.22B
57.58x4.82x30.88x1.47% 48.41B
36.27x0.85x14.43x1.75% 42.54B
29.92x0.57x9.12x2.03% 37.48B
27.55x1.79x17.24x0.17% 35.74B
4.52x0.29x6.2x6.28% 26.82B
Average 32.65x 2.09x 17.39x 1.98% 49.52B
Weighted average by Cap. 39.26x 2.50x 20.09x 1.62%

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