Company Valuation: Assystem

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 554.4 600.4 736.4 701.6 634.2 647 - -
Change - 8.3% 22.65% -4.73% -9.6% 2.02% - -
Enterprise Value (EV) 1 653.7 651.3 788.6 750.9 693.9 694.9 686.2 634.2
Change - -0.37% 21.08% -4.79% -7.59% 0.15% -1.25% -7.58%
P/E 16.4x 12.5x 7.29x 87.9x 85.7x 16.3x 14.8x 13.7x
PBR 1.57x 1.82x 1.53x 2.35x 2.21x 2.11x 1.9x 1.81x
PEG - 0.3x 0x -1x -10.86x 0x 1.52x 1.73x
Capitalization / Revenue 1.15x 1.22x 1.28x 1.15x 0.97x 0.96x 0.92x 0.89x
EV / Revenue 1.35x 1.32x 1.37x 1.23x 1.06x 1.03x 0.98x 0.87x
EV / EBITDA 14.8x 13.7x 13.9x 13.1x 11.2x 10.8x 10.4x 9x
EV / EBIT 21.4x 20.9x 18.7x 30.9x 15.4x 14.7x 13.9x 12.3x
EV / FCF 97.6x 20.6x 25.4x 21.7x 16.4x 16.6x 16.5x 11.6x
FCF Yield 1.02% 4.85% 3.93% 4.61% 6.08% 6.02% 6.05% 8.61%
Dividend per Share 2 1 1 - 1 1 1 0.97 1.05
Rate of return 2.67% 2.46% - 2.1% 2.34% 2.29% 2.22% 2.41%
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 43.60 43.60 43.60
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.($)
15.99x1.01x10.67x2.33% 726M
66.16x2.86x27.93x0.07% 95.92B
13.16x1.06x5.84x4.46% 71.39B
41.1x5.04x27.94x0.16% 62.33B
25.49x1.95x18.92x1.22% 54.96B
55.31x4.6x29.41x1.67% 45.84B
33.72x0.8x13.38x1.88% 39.85B
27.93x0.54x8.69x2.14% 35.67B
25.95x1.68x16.22x0.18% 33.79B
4.77x0.3x5.79x5.98% 28.25B
Average 30.96x 1.98x 16.48x 2.01% 46.87B
Weighted average by Cap. 36.58x 2.35x 18.75x 1.72%

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