Company Valuation: Eramet

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 2,064 2,227 2,041 1,541 1,635 1,221 - -
Change - 7.91% -8.36% -24.51% 6.12% -25.32% - -
Enterprise Value (EV) 1 3,000 2,571 2,655 2,838 3,570 3,069 3,016 2,837
Change - -14.3% 3.26% 6.89% 25.81% -14.04% -1.73% -5.93%
P/E 6.9x 3.25x 18.9x 108x -3.46x -6.84x 18x 7.07x
PBR 1.89x 1.37x 1.29x 1.07x 2.29x 1.63x 1.38x 1.32x
PEG - 0x -0.2x -1.2x 0x 0.1x -0x 0x
Capitalization / Revenue 0.56x 0.44x 0.63x 0.53x 0.59x 0.39x 0.34x 0.33x
EV / Revenue 0.82x 0.51x 0.82x 0.97x 1.3x 0.97x 0.85x 0.77x
EV / EBITDA 2.85x 1.66x 7.65x 7.65x 9.6x 6.42x 4.28x 3.74x
EV / EBIT 3.83x 2.01x 20.9x 29.3x 325x 11.2x 6.62x 5.86x
EV / FCF 7.48x 4.39x -5.71x -3.9x -4.81x -11.2x -84.2x 44.8x
FCF Yield 13.4% 22.8% -17.5% -25.6% -20.8% -8.9% -1.19% 2.23%
Dividend per Share 2 2.5 3.5 1.5 1.5 - - 0.498 0.75
Rate of return 3.47% 4.17% 2.1% 2.77% - - 1.16% 1.75%
EPS 2 10.42 25.81 3.79 0.5 -16.67 -6.259 2.375 6.062
Distribution rate 24% 13.6% 39.6% 300% - - 21% 12.4%
Net sales 1 3,668 5,014 3,251 2,933 2,753 3,171 3,546 3,666
EBITDA 1 1,051 1,553 347 371 372 478.3 704.7 759.4
EBIT 1 784 1,280 127 97 11 274.5 455.9 484.1
Net income 1 298 740 109 14 -477 -171.1 62.77 84.65
Net Debt 1 936 344 614 1,297 1,935 1,848 1,795 1,616
Reference price 2 71.95 83.85 71.50 54.15 57.65 42.84 42.84 42.84
Nbr of stocks (in thousands) 28,683 26,558 28,542 28,451 28,359 28,502 - -
Announcement Date 2/23/22 2/22/23 2/21/24 2/19/25 2/18/26 - - -
1EUR in Million2EUR
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
18.96x3.75x6.7x3.84% 208B
11.22x2.68x5.74x5.3% 155B
14.2x4.12x6.84x3.44% 93.51B
12.57x0.42x5.96x3.21% 82.76B
22.55x6.06x14.07x-.--% 58.74B
27.77x2.76x7.14x1.35% 49.85B
14.92x2.83x5.8x0.68% 27.86B
10.91x3.69x5.48x5.16% 25.3B
12.71x4.48x7.87x4.31% 23.39B
Average 16.20x 3.42x 7.29x 3.03% 80.43B
Weighted average by Cap. 16.22x 3.29x 7.02x 3.48%

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