Company Valuation: Eramet

Data adjusted to current consolidation scope
Fiscal Period: December 2020 2021 2022 2023 2024 2025 2026 2027
Capitalization 1 1,136 2,064 2,227 2,041 1,541 1,587 1,587 -
Change - 81.72% 7.91% -8.36% -24.51% 2.99% 0% -
Enterprise Value (EV) 1 2,469 3,000 2,571 2,655 2,838 3,661 3,158 3,538
Change - 21.51% -14.3% 3.26% 6.89% 29.03% -13.76% 12.05%
P/E ratio -1.69x 6.9x 3.25x 18.9x 108x -3.46x -7.11x 23.8x
PBR 1.49x 1.89x 1.37x 1.29x 1.07x 1.48x 1.48x 1.34x
PEG - -0x 0x -0.2x -1.2x 0x 0.5x -0x
Capitalization / Revenue 0.32x 0.56x 0.44x 0.63x 0.53x 0.59x 0.49x 0.41x
EV / Revenue 0.69x 0.82x 0.51x 0.82x 0.97x 1.27x 0.98x 0.91x
EV / EBITDA 6.2x 2.85x 1.66x 7.65x 7.65x 10.9x 5.44x 4.88x
EV / EBIT 23.3x 3.83x 2.01x 20.9x 29.3x 67.7x 11.1x 8.67x
EV / FCF -48.4x 7.48x 4.39x -5.71x -3.9x -5.59x -21.6x 39x
FCF Yield -2.07% 13.4% 22.8% -17.5% -25.6% -17.9% -4.62% 2.56%
Dividend per Share 2 - 2.5 3.5 1.5 1.5 0.316 - 1.655
Rate of return - 3.47% 4.17% 2.1% 2.77% 0.56% - 2.96%
EPS 2 -25.46 10.42 25.81 3.79 0.5 -16.67 -7.872 2.352
Distribution rate - 24% 13.6% 39.6% 300% -3.48% - 70.4%
Net sales 1 3,553 3,668 5,014 3,251 2,933 2,753 3,212 3,867
EBITDA 1 398 1,051 1,553 347 371 372 580.3 724.8
EBIT 1 106 784 1,280 127 97 11 285.7 408
Net income 1 -675 298 740 109 14 -477 -216.2 61
Net Debt 1 1,333 936 344 614 1,297 2,075 1,571 1,951
Reference price 2 42.92 71.95 83.85 71.50 54.15 55.95 55.95 55.95
Nbr of stocks (in thousands) 26,459 28,683 26,558 28,542 28,451 28,359 28,359 -
Announcement Date 2/16/21 2/23/22 2/22/23 2/21/24 2/19/25 2/18/26 - -
1EUR in Million2EUR
Estimates

P/E ratio, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
-6.15x1.27x10.88x0.56% 1.85B
13.93x3.47x6.16x4.01% 186B
11.51x2.8x6.04x5.03% 156B
19.5x4.93x8.99x2.65% 88.77B
15.99x0.46x6.47x2.63% 82.25B
33.73x7.6x18.44x-.--% 71.35B
25.73x2.7x7.17x2.59% 48.04B
32.56x8.29x13.96x2.03% 37.6B
13.95x2.08x6.38x5.03% 30.7B
18.93x6.35x11.66x3.78% 27.14B
Average 17.97x 3.99x 9.61x 2.83% 72.97B
Weighted average by Cap. 18.13x 3.81x 8.41x 3.35%

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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