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 17,707 - -
Change - 18.61% 26.59% -9.67% -26.35% -13.52% - -
Enterprise Value (EV) 1 18,724 19,838 26,159 23,237 16,389 13,505 13,311 12,795
Change - 5.95% 31.86% -11.17% -29.47% -17.6% -1.44% -3.88%
P/E 32.2x 32.2x 41.9x 30.6x 22x 21.5x 18.8x 18x
PBR 2.98x 3.12x 3.7x 3.29x 2.63x 1.98x 1.96x 1.8x
PEG - 1.7x -15.5x 1.2x 4.46x -1.9x 1.3x 4.35x
Capitalization / Revenue 2.69x 2.76x 3.26x 2.82x 2.08x 1.83x 1.77x 1.72x
EV / Revenue 2.45x 2.25x 2.77x 2.36x 1.66x 1.4x 1.33x 1.24x
EV / EBITDA 14.6x 13.7x 15.2x 13.5x 9.61x 8.94x 8.29x 7.72x
EV / EBIT 18.9x 17.1x 20.6x 17x 11.9x 11.7x 10.7x 9.78x
EV / FCF 32.3x 50.2x 43.6x 21x 18x 18.6x 17.1x 16.5x
FCF Yield 3.1% 1.99% 2.29% 4.76% 5.57% 5.37% 5.84% 6.05%
Dividend per Share 2 0.7 0.7 1 1 1 0.9835 1.023 1.059
Rate of return 0.77% 0.65% 0.74% 0.81% 1.07% 1.21% 1.26% 1.3%
EPS 2 2.81 3.33 3.24 4.05 4.25 3.777 4.33 4.509
Distribution rate 24.9% 21% 30.9% 24.7% 23.5% 26% 23.6% 23.5%
Net sales 1 7,627 8,799 9,447 9,850 9,852 9,650 10,021 10,300
EBITDA 1 1,280 1,445 1,717 1,727 1,706 1,511 1,606 1,657
EBIT 1 993 1,158 1,268 1,370 1,378 1,151 1,247 1,308
Net income 1 638 755 736 912 939 823.8 913.6 939.6
Net Debt 1 -1,776 -4,477 -4,620 -4,566 -4,088 -4,203 -4,397 -4,913
Reference price 2 90.38 107.20 135.70 124.00 93.68 81.20 81.20 81.20
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.($)
21.15x4.09x14.92x3.04% 339B
17.95x2.73x12.06x3.51% 136B
25.37x3.79x15.92x2.28% 74.35B
43.47x7.01x30.4x2.12% 51.75B
20.23x2.82x11.83x4.39% 36.94B
85.45x2.51x15.15x1.59% 31.96B
23.85x1.75x11.16x2.14% 20.96B
21.5x1.4x8.94x1.21% 20.47B
16.29x1.56x8.89x3.25% 20.18B
Average 30.58x 3.07x 14.36x 2.61% 81.24B
Weighted average by Cap. 25.28x 3.67x 15.00x 2.92%

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