Company Valuation: Bolloré SE

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 14,426 15,321 16,589 16,851 13,393 10,312 - -
Change - 6.2% 8.27% 1.58% -20.52% -23.01% - -
Enterprise Value (EV) 1 17,854 14,114 18,054 11,545 7,774 6,813 6,353 4,973
Change - -20.95% 27.91% -36.05% -32.66% -12.37% -6.75% -21.72%
P/E 2.39x 4.5x 141x 10.1x 40x 34.7x 29.5x 26.1x
PBR 0.74x - 0.69x 0.66x 0.56x 0.52x 0.51x 0.51x
PEG - -0.1x -1.5x 0x -0.5x -2.9x 1.7x 2x
Capitalization / Revenue 0.73x 0.74x 1.21x 5.38x 4.58x 3.44x 3.46x 3.34x
EV / Revenue 0.9x 0.68x 1.32x 3.69x 2.66x 2.27x 2.13x 1.61x
EV / EBITDA 8.36x 6.44x 13.1x 241x 21.6x 19.1x 15.7x 11x
EV / EBIT 19x 11.5x 23.5x 1,079x 44.7x 33.4x 21.8x 14.3x
EV / FCF 12.6x - 18.6x 110x 26.1x 23.1x 10x 9.64x
FCF Yield 7.94% - 5.39% 0.91% 3.83% 4.34% 9.97% 10.4%
Dividend per Share 2 0.06 0.06 0.07 0.08 0.08 0.0875 0.0875 0.09
Rate of return 1.22% 1.15% 1.24% 1.35% 1.67% 2.38% 2.38% 2.45%
EPS 2 2.06 1.16 0.04 0.59 0.12 0.1056 0.1243 0.1408
Distribution rate 2.91% 5.17% 175% 13.6% 66.7% 82.8% 70.4% 63.9%
Net sales 1 19,771 20,677 13,679 3,130 2,926 3,002 2,978 3,086
EBITDA 1 2,135 2,192 1,382 48 360 357 405.3 453.6
EBIT 1 939 1,231 768 10.7 174 204.1 291.4 346.6
Net income 1 6,062 3,400 268 1,822 348 346.1 371.1 394.3
Net Debt 1 3,428 -1,207 1,465 -5,306 -5,619 -3,499 -3,958 -5,338
Reference price 2 4.920 5.220 5.655 5.940 4.794 3.670 3.670 3.670
Nbr of stocks (in thousands) 2,932,124 2,935,067 2,933,459 2,836,852 2,793,750 2,809,704 - -
Announcement Date 3/10/22 3/14/23 3/14/24 3/17/25 3/17/26 - - -
1EUR in Million2EUR
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
19.59x2.53x10.69x2.76% 14.66B
40.67x3.08x7.81x1.65% 13.84B
34.49x2.25x18.88x2.4% 11.74B
18x1.24x10.08x1.73% 4.22B
26.19x4.94x15.78x1.6% 3.9B
36.95x6.4x15.09x-.--% 2.89B
49.19x - - - 2.78B
22.43x1.26x6.15x0.33% 2.41B
Average 30.94x 3.10x 12.07x 1.49% 7.06B
Weighted average by Cap. 30.67x 2.83x 12.09x 1.97%

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

-40%: Exceptional extension
d
:
:
SEIZE THE OFFER!