Company Valuation: Ecolab Inc.

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 67,226 41,460 56,557 66,350 74,355 78,949 - -
Change - -38.33% 36.42% 17.32% 12.06% 6.18% - -
Enterprise Value (EV) 1 75,624 49,441 63,820 72,659 81,945 90,733 89,430 88,500
Change - -34.62% 29.08% 13.85% 12.78% 10.72% -1.44% -1.04%
P/E 60x 38.2x 41.4x 31.8x 36.1x 37.1x 30.2x 26.1x
PBR 9.3x 5.77x 7.06x 7.67x 7.58x 7.3x 6.31x 5.63x
PEG - -14.94x 1.6x 0.6x -29.56x 8.76x 1.3x 1.7x
Capitalization / Revenue 5.28x 2.92x 3.69x 4.22x 4.62x 4.4x 4.08x 3.83x
EV / Revenue 5.94x 3.48x 4.17x 4.62x 5.1x 5.06x 4.62x 4.3x
EV / EBITDA 28.6x 18.2x 20.9x 20.4x 21.1x 20.5x 18x 16.4x
EV / EBIT 42x 27.9x 30x 27.7x 28.3x 27.6x 23.3x 20.8x
EV / FCF 53.3x 46x 39x 39.9x 43x 49x 39x 34.4x
FCF Yield 1.88% 2.18% 2.57% 2.5% 2.32% 2.04% 2.56% 2.9%
Dividend per Share 2 1.95 2.06 2.16 2.36 2.68 2.943 3.133 3.348
Rate of return 0.83% 1.42% 1.09% 1.01% 1.02% 1.05% 1.11% 1.19%
EPS 2 3.91 3.81 4.79 7.37 7.28 7.588 9.336 10.8
Distribution rate 49.9% 54.1% 45.1% 32% 36.8% 38.8% 33.6% 31%
Net sales 1 12,733 14,188 15,320 15,741 16,081 17,925 19,356 20,596
EBITDA 1 2,642 2,712 3,050 3,554 3,877 4,419 4,965 5,399
EBIT 1 1,799 1,773 2,126 2,619 2,901 3,283 3,836 4,246
Net income 1 1,130 1,092 1,372 2,112 2,076 2,169 2,631 3,025
Net Debt 1 8,398 7,982 7,262 6,308 7,590 11,784 10,481 9,552
Reference price 2 234.59 145.56 198.35 234.32 262.52 281.63 281.63 281.63
Nbr of stocks (in thousands) 286,567 284,828 285,140 283,162 283,236 280,329 - -
Announcement Date 2/15/22 2/14/23 2/13/24 2/11/25 2/10/26 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
37.11x5.06x20.53x1.05% 78.95B
29.36x4.43x19.15x2.27% 37.62B
25.17x2.99x15.52x2.06% 37.19B
13.54x1.33x8.15x2.33% 24.19B
36.13x8.86x26.94x2.53% 22.66B
11.87x3.17x6.36x2.36% 23.41B
25.97x2.8x11.37x1.74% 18.68B
14.36x2.89x6.58x1.13% 16.9B
15.7x1.74x6.81x1.92% 14.26B
22.94x2.8x12.88x1.46% 14.37B
Average 23.22x 3.61x 13.43x 1.88% 28.82B
Weighted average by Cap. 26.63x 3.99x 15.55x 1.78%

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

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