Company Valuation: Assystem

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 554.4 600.4 736.4 701.6 634.2 482.3 - -
Change - 8.3% 22.65% -4.73% -9.6% -23.95% - -
Enterprise Value (EV) 1 653.7 651.3 788.6 750.9 693.9 521.6 508.4 472.8
Change - -0.37% 21.08% -4.79% -7.59% -24.83% -2.52% -7.01%
P/E 16.4x 12.5x 7.29x 87.9x 85.7x 12x 10.9x 10x
PBR 1.57x 1.82x 1.53x 2.35x 2.21x 1.54x 1.41x 1.29x
PEG - 0.3x 0x -1x -10.86x 0x 1x 1.16x
Capitalization / Revenue 1.15x 1.22x 1.28x 1.15x 0.97x 0.71x 0.69x 0.66x
EV / Revenue 1.35x 1.32x 1.37x 1.23x 1.06x 0.77x 0.73x 0.65x
EV / EBITDA 14.8x 13.7x 13.9x 13.1x 11.2x 8.17x 7.68x 6.91x
EV / EBIT 21.4x 20.9x 18.7x 30.9x 15.4x 11x 10.3x 9.04x
EV / FCF 97.6x 20.6x 25.4x 21.7x 16.4x 13.3x 12.3x 10.6x
FCF Yield 1.02% 4.85% 3.93% 4.61% 6.08% 7.53% 8.1% 9.4%
Dividend per Share 2 1 1 - 1 1 0.97 0.97 1.003
Rate of return 2.67% 2.46% - 2.1% 2.34% 2.98% 2.98% 3.09%
EPS 2 2.281 3.242 6.789 0.5408 0.4981 2.702 2.987 3.245
Distribution rate 43.8% 30.8% - 185% 201% 35.9% 32.5% 30.9%
Net sales 1 483.1 493.5 577.5 611.3 656.6 674.8 700.5 730.1
EBITDA 1 44.1 47.5 56.9 57.1 61.8 63.87 66.19 68.45
EBIT 1 30.5 31.2 42.1 24.3 45 47.62 49.57 52.28
Net income 1 34.2 48.9 102 8.3 7.4 42.15 46.15 50.7
Net Debt 1 99.3 50.9 52.2 49.3 59.7 39.3 26.14 -9.506
Reference price 2 37.50 40.60 49.50 47.55 42.70 32.50 32.50 32.50
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 (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
12.03x0.77x8.17x2.98% 539M
59.95x2.76x26.34x0.06% 104B
11.85x1.02x5.61x4.93% 66.61B
33.72x4.24x23.01x0.2% 57.56B
24.5x1.9x18.69x1.2% 52.24B
46.95x3.8x24.03x2.06% 36.41B
23.78x1.62x14.98x0.19% 34.37B
27.23x0.68x11.18x2.28% 33.15B
21.9x0.41x6.5x2.82% 27.39B
5.12x0.31x6.02x5.5% 27.41B
Average 26.70x 1.75x 14.45x 2.22% 44.01B
Weighted average by Cap. 32.83x 2.13x 17.12x 1.81%

Y-o-Y evolution of P/E

Valuation ratios - P/E - Assystem

Historical PBR trend

Valuation ratios - PBR - Assystem

Evolution Enterprise Value / Sales

Valuation ratios - VE_REV - Assystem

Change in Enterprise Value/EBITDA

Valuation ratios - VE_EBITDA - Assystem


Year-on-year evolution of the Yield

Valuation ratios - Yield - Assystem