Company Valuation: FDJ United

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 7,437 7,170 6,262 6,879 4,364 4,119 - -
Change - -3.59% -12.67% 9.85% -36.56% -5.61% - -
Enterprise Value (EV) 1 6,742 6,449 5,458 6,034 3,570 5,798 5,649 5,493
Change - -4.34% -15.37% 10.55% -40.84% 62.41% -2.57% -2.76%
P/E 25.3x 23.3x 14.7x 17.2x 24.9x 18.1x 12.1x 10.6x
PBR 8.97x 7.75x 5.86x 5.78x 4.47x 4.88x 5.23x 4.66x
PEG - 5.13x 0.4x -5.48x -0.4x 0.6x 0.2x 0.8x
Capitalization / Revenue 3.3x 2.91x 2.39x 2.24x 1.19x 1.14x 1.1x 1.06x
EV / Revenue 2.99x 2.62x 2.08x 1.97x 0.97x 1.61x 1.51x 1.41x
EV / EBITDA 12.9x 10.9x 8.09x 7.62x 3.96x 6.84x 6.2x 5.65x
EV / EBIT 17.2x 14.1x 10.3x 10.6x 6.31x 11.3x 9.98x 8.84x
EV / FCF 12.8x 21.4x 10.8x 14.1x 6.29x 11.6x 10x 8.81x
FCF Yield 7.82% 4.68% 9.24% 7.08% 15.9% 8.59% 9.98% 11.4%
Dividend per Share 2 1.24 1.37 1.78 2.05 2.1 2.047 2.174 2.296
Rate of return 3.18% 3.65% 5.42% 5.51% 8.89% 9.19% 9.75% 10.3%
EPS 2 1.54 1.61 2.23 2.16 0.95 1.231 1.84 2.099
Distribution rate 80.5% 85.1% 79.8% 94.9% 221% 166% 118% 109%
Net sales 1 2,256 2,461 2,621 3,065 3,678 3,610 3,744 3,894
EBITDA 1 522 590 675 792 902 848.2 910.9 972.4
EBIT 1 393 459 532 568 565.6 512.4 565.7 621
Net income 1 294 308 425 399 175.9 244.2 317.3 364.8
Net Debt 1 -695.4 -721.1 -804 -845.1 -794.1 1,679 1,530 1,374
Reference price 2 38.94 37.58 32.84 37.22 23.62 22.29 22.29 22.29
Nbr of stocks (in thousands) 190,992 190,801 190,679 184,819 184,759 184,799 - -
Announcement Date 2/16/22 2/15/23 1/22/24 3/5/25 2/19/26 - - -
1EUR in Million2EUR
Estimates

P/E, Detailed evolution



P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
23.59x6.1x14.31x1.65% 26.31B
14.08x2.36x8.22x5.24% 18.91B
-126.79x1.54x10.45x-.--% 17.37B
14.15x6.49x9.87x3.54% 16.84B
15.31x2.45x9.09x7.19% 14.58B
228.47x1.86x17.15x-.--% 11.92B
30.61x3.57x16.97x3.46% 8B
16.39x2.43x8.92x2.22% 7.11B
Average 26.98x 3.35x 11.87x 2.91% 15.13B
Weighted average by Cap. 18.43x 3.68x 11.69x 2.9%

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

40% Discount: Identify Tomorrow's Best Investments With The Best Subscriber-Only Tools!
d
:
:
SEIZE THE OFFER!