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 1,273 - -
Change - 7.91% -8.36% -24.51% 6.12% -22.11% - -
Enterprise Value (EV) 1 3,000 2,571 2,655 2,838 3,570 3,121 3,068 2,889
Change - -14.3% 3.26% 6.89% 25.81% -12.57% -1.7% -5.83%
P/E 6.9x 3.25x 18.9x 108x -3.46x -7.14x 18.8x 7.37x
PBR 1.89x 1.37x 1.29x 1.07x 2.29x 1.7x 1.44x 1.37x
PEG - 0x -0.2x -1.2x 0x 0.1x -0x 0x
Capitalization / Revenue 0.56x 0.44x 0.63x 0.53x 0.59x 0.4x 0.36x 0.35x
EV / Revenue 0.82x 0.51x 0.82x 0.97x 1.3x 0.98x 0.87x 0.79x
EV / EBITDA 2.85x 1.66x 7.65x 7.65x 9.6x 6.53x 4.35x 3.8x
EV / EBIT 3.83x 2.01x 20.9x 29.3x 325x 11.4x 6.73x 5.97x
EV / FCF 7.48x 4.39x -5.71x -3.9x -4.81x -11.4x -85.7x 45.6x
FCF Yield 13.4% 22.8% -17.5% -25.6% -20.8% -8.75% -1.17% 2.19%
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% - - 1.11% 1.68%
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 44.68 44.68 44.68
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.($)
17.67x3.73x6.66x3.82% 206B
10.85x2.64x5.75x5.4% 155B
13.13x3.87x6.49x3.81% 87.02B
12.46x0.4x5.75x3.01% 80.64B
22.99x6.17x14.32x-.--% 59.85B
26.17x2.82x7.28x1.32% 51.38B
15.19x3x6.27x0.66% 28.67B
10.45x3.63x5.37x5.2% 25.23B
12.7x4.48x7.86x4.32% 23.51B
Average 15.73x 3.42x 7.31x 3.06% 79.69B
Weighted average by Cap. 15.59x 3.27x 7.00x 3.51%

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