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 17,263 - -
Change - 18.61% 26.59% -9.67% -26.35% -15.69% - -
Enterprise Value (EV) 1 18,724 19,838 26,159 23,237 16,389 13,030 12,804 12,242
Change - 5.95% 31.86% -11.17% -29.47% -20.49% -1.74% -4.4%
P/E 32.2x 32.2x 41.9x 30.6x 22x 18.3x 17.2x 16.4x
PBR 2.98x 3.12x 3.7x 3.29x 2.63x 2x 1.88x 1.73x
PEG - 1.7x -15.5x 1.2x 4.46x 12.81x 2.62x 3.21x
Capitalization / Revenue 2.69x 2.76x 3.26x 2.82x 2.08x 1.76x 1.7x 1.65x
EV / Revenue 2.45x 2.25x 2.77x 2.36x 1.66x 1.33x 1.26x 1.17x
EV / EBITDA 14.6x 13.7x 15.2x 13.5x 9.61x 7.94x 7.52x 6.94x
EV / EBIT 18.9x 17.1x 20.6x 17x 11.9x 10x 9.5x 8.65x
EV / FCF 32.3x 50.2x 43.6x 21x 18x 16.1x 14.8x 13.3x
FCF Yield 3.1% 1.99% 2.29% 4.76% 5.57% 6.23% 6.76% 7.52%
Dividend per Share 2 0.7 0.7 1 1 1 1.018 1.039 1.071
Rate of return 0.77% 0.65% 0.74% 0.81% 1.07% 1.29% 1.32% 1.36%
EPS 2 2.81 3.33 3.24 4.05 4.25 4.311 4.594 4.828
Distribution rate 24.9% 21% 30.9% 24.7% 23.5% 23.6% 22.6% 22.2%
Net sales 1 7,627 8,799 9,447 9,850 9,852 9,813 10,152 10,463
EBITDA 1 1,280 1,445 1,717 1,727 1,706 1,641 1,703 1,765
EBIT 1 993 1,158 1,268 1,370 1,378 1,301 1,347 1,416
Net income 1 638 755 736 912 939 929.2 971 1,009
Net Debt 1 -1,776 -4,477 -4,620 -4,566 -4,088 -4,233 -4,459 -5,022
Reference price 2 90.38 107.20 135.70 124.00 93.68 79.00 79.00 79.00
Nbr of stocks (in thousands) 226,819 226,819 226,819 224,216 218,584 218,524 - -
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.($)
22.09x4.29x15.71x2.84% 349B
18.12x2.74x12.13x3.45% 135B
25.22x3.78x15.89x2.29% 74.4B
44.61x7.15x31.05x2.11% 52.31B
19.92x2.81x11.64x4.47% 36.44B
79.78x2.36x14.24x1.71% 29.71B
16.32x1.57x8.9x3.24% 19.89B
21.91x1.58x10.09x2.36% 18.43B
45.54x6.59x31.48x1.59% 11.39B
Average 32.61x 3.65x 16.79x 2.67% 80.8B
Weighted average by Cap. 25.75x 3.89x 15.82x 2.86%

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