Company Valuation: Beiersdorf

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 20,500 24,315 30,779 27,803 20,477 17,359 - -
Change - 18.61% 26.59% -9.67% -26.35% -15.23% - -
Enterprise Value (EV) 1 18,724 19,838 26,159 23,237 16,389 13,162 13,015 12,532
Change - 5.95% 31.86% -11.17% -29.47% -19.69% -1.12% -3.71%
P/E 32.2x 32.2x 41.9x 30.6x 22x 21x 19.4x 18.2x
PBR 2.98x 3.12x 3.7x 3.29x 2.63x 1.95x 1.93x 1.78x
PEG - 1.7x -15.5x 1.2x 4.46x -2x 2.41x 2.7x
Capitalization / Revenue 2.69x 2.76x 3.26x 2.82x 2.08x 1.79x 1.74x 1.69x
EV / Revenue 2.45x 2.25x 2.77x 2.36x 1.66x 1.36x 1.3x 1.22x
EV / EBITDA 14.6x 13.7x 15.2x 13.5x 9.61x 8.84x 8.37x 7.72x
EV / EBIT 18.9x 17.1x 20.6x 17x 11.9x 11.4x 10.7x 9.85x
EV / FCF 32.3x 50.2x 43.6x 21x 18x 18x 17.5x 17x
FCF Yield 3.1% 1.99% 2.29% 4.76% 5.57% 5.55% 5.72% 5.89%
Dividend per Share 2 0.7 0.7 1 1 1 0.9968 1.017 1.051
Rate of return 0.77% 0.65% 0.74% 0.81% 1.07% 1.25% 1.28% 1.32%
EPS 2 2.81 3.33 3.24 4.05 4.25 3.793 4.098 4.374
Distribution rate 24.9% 21% 30.9% 24.7% 23.5% 26.3% 24.8% 24%
Net sales 1 7,627 8,799 9,447 9,850 9,852 9,690 9,988 10,265
EBITDA 1 1,280 1,445 1,717 1,727 1,706 1,488 1,555 1,622
EBIT 1 993 1,158 1,268 1,370 1,378 1,151 1,214 1,272
Net income 1 638 755 736 912 939 823.9 869.9 917.8
Net Debt 1 -1,776 -4,477 -4,620 -4,566 -4,088 -4,197 -4,343 -4,826
Reference price 2 90.38 107.20 135.70 124.00 93.68 79.60 79.60 79.60
Nbr of stocks (in thousands) 226,819 226,819 226,819 224,216 218,584 218,073 - -
Announcement Date 3/1/22 3/1/23 2/29/24 2/27/25 3/3/26 - - -
1EUR in Million2EUR
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
21.04x4.06x14.83x3.04% 336B
18.24x2.74x12.09x3.5% 137B
24.77x3.71x15.57x2.33% 72.61B
41.79x6.73x29.21x2.21% 49.48B
34.36x2.62x14.35x1.55% 36.88B
20.05x2.8x11.7x4.44% 36.61B
20.99x1.36x8.84x1.25% 20.26B
23.25x1.7x10.89x2.2% 20.24B
15.78x1.52x8.7x3.35% 19.58B
Average 24.48x 3.03x 14.02x 2.65% 81.04B
Weighted average by Cap. 22.84x 3.61x 14.74x 2.93%

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