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 77,402 - -
Change - -38.33% 36.42% 17.32% 12.06% 4.1% - -
Enterprise Value (EV) 1 75,624 49,441 63,820 72,659 81,945 89,154 87,807 86,754
Change - -34.62% 29.08% 13.85% 12.78% 8.8% -1.51% -1.2%
P/E 60x 38.2x 41.4x 31.8x 36.1x 36.5x 29.4x 25.1x
PBR 9.3x 5.77x 7.06x 7.67x 7.58x 7.13x 6.16x 5.45x
PEG - -14.94x 1.6x 0.6x -29.56x 9.59x 1.2x 1.5x
Capitalization / Revenue 5.28x 2.92x 3.69x 4.22x 4.62x 4.31x 4x 3.75x
EV / Revenue 5.94x 3.48x 4.17x 4.62x 5.1x 4.97x 4.53x 4.21x
EV / EBITDA 28.6x 18.2x 20.9x 20.4x 21.1x 20.2x 17.7x 16x
EV / EBIT 42x 27.9x 30x 27.7x 28.3x 27.2x 22.9x 20.4x
EV / FCF 53.3x 46x 39x 39.9x 43x 47.6x 37.6x 33x
FCF Yield 1.88% 2.18% 2.57% 2.5% 2.32% 2.1% 2.66% 3.03%
Dividend per Share 2 1.95 2.06 2.16 2.36 2.68 2.919 3.147 3.388
Rate of return 0.83% 1.42% 1.09% 1.01% 1.02% 1.06% 1.14% 1.23%
EPS 2 3.91 3.81 4.79 7.37 7.28 7.557 9.385 10.98
Distribution rate 49.9% 54.1% 45.1% 32% 36.8% 38.6% 33.5% 30.9%
Net sales 1 12,733 14,188 15,320 15,741 16,081 17,940 19,364 20,628
EBITDA 1 2,642 2,712 3,050 3,554 3,877 4,415 4,974 5,420
EBIT 1 1,799 1,773 2,126 2,619 2,901 3,283 3,835 4,259
Net income 1 1,130 1,092 1,372 2,112 2,076 2,159 2,648 3,082
Net Debt 1 8,398 7,982 7,262 6,308 7,590 11,752 10,405 9,353
Reference price 2 234.59 145.56 198.35 234.32 262.52 276.11 276.11 276.11
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.($)
36.54x4.97x20.19x1.06% 77.4B
25.91x3.07x15.9x2.01% 37.73B
29.4x4.43x19.15x2.27% 37.2B
14.08x1.39x8.48x2.25% 25.01B
37.15x9.12x27.73x2.46% 23.01B
11.3x2.94x6.16x3.59% 21.23B
27.46x2.95x11.98x1.65% 19.75B
13.65x2.75x6.27x1.19% 16.07B
16.47x1.84x7.19x1.83% 14.93B
Average 23.55x 3.72x 13.67x 2.03% 30.26B
Weighted average by Cap. 27.00x 4.05x 15.79x 1.87%

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