Company Valuation: Cascades Inc.

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 1,409 849.1 1,282 1,203 1,262 1,216 - -
Change - -39.74% 50.97% -6.17% 4.91% -3.64% - -
Enterprise Value (EV) 1 2,760 2,815 3,164 3,299 3,158 2,877 2,706 1,216
Change - 1.99% 12.39% 4.26% -4.27% -8.9% -5.93% -55.07%
P/E - - -16.8x - - 11.1x 11.9x -
PBR 0.76x 0.46x 0.74x 0.7x 0.73x 0.66x 0.61x -
PEG - - - - - - -1.84x -
Capitalization / Revenue 0.36x 0.19x 0.28x 0.26x 0.26x 0.25x 0.24x -
EV / Revenue 0.7x 0.63x 0.68x 0.7x 0.66x 0.6x 0.54x -
EV / EBITDA 7.1x 7.49x 5.67x 6.58x 5.48x 5.33x 4.36x 2.05x
EV / EBIT 20.1x 22.7x 11.1x 15.1x 10.9x 11.1x 7.88x -
EV / FCF -36.8x -7.89x 19.8x 29.7x 13.9x 8.82x 8.25x -
FCF Yield -2.72% -12.7% 5.06% 3.36% 7.19% 11.3% 12.1% -
Dividend per Share 2 0.48 0.48 0.48 0.48 - 0.48 0.48 -
Rate of return 3.44% 5.67% 3.77% 4.03% - 4% 4% -
EPS 2 - - -0.76 - - 1.08 1.01 -
Distribution rate - - -63.2% - - 44.4% 47.5% -
Net sales 1 3,956 4,466 4,638 4,701 4,776 4,807 5,001 -
EBITDA 1 389 376 558 501 576 539.5 621.4 593.7
EBIT 1 137 124 286 219 289 258.5 343.5 -
Net income 1 - - -76 - - 110.6 102.6 -
Net Debt 1 1,351 1,966 1,882 2,096 1,896 1,661 1,490 -
Reference price 2 13.97 8.46 12.73 11.91 12.46 11.99 11.99 11.99
Nbr of stocks (in thousands) 100,860 100,362 100,695 100,988 101,269 101,408 - -
Announcement Date 2/24/22 2/23/23 2/22/24 2/20/25 2/26/26 - - -
1CAD in Million2CAD
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
20.02x1.11x7x4.25% 22.6B
22.81x2.32x11.12x2.31% 20B
27.87x1.14x8.72x4.89% 19.59B
21.24x2.31x9.56x1.87% 6.3B
13.43x1.22x7.07x4% 5.3B
19x2.29x13.4x3.6% 5.13B
7.98x1.32x9.46x1.19% 4.27B
26.25x0.79x7.24x2.33% 4.16B
21.12x1.3x9.07x2.28% 3.69B
Average 19.97x 1.53x 9.18x 2.97% 10.12B
Weighted average by Cap. 21.73x 1.54x 9.03x 3.43%

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