Company Valuation: Icade

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 4,776 3,044 2,693 1,741 1,668 1,169 - -
Change - -36.26% -11.54% -35.33% -4.21% -29.93% - -
Enterprise Value (EV) 1 11,709 9,921 6,141 5,195 5,114 4,160 3,903 3,722
Change - -15.28% -38.1% -15.41% -1.55% -18.66% -6.17% -4.65%
P/E 11.8x 56.4x -2.15x -6.31x -13.6x -19.5x 9.71x 5.38x
PBR 0.71x 0.46x 0.54x 0.4x 0.43x 0.32x 0.33x 0.33x
PEG - -0.7x 0x 0.1x 0.2x 0.4x -0x 0.1x
Capitalization / Revenue 2.88x 1.68x 1.76x 1.11x 1.15x 0.88x 0.86x 0.82x
EV / Revenue 7.05x 5.46x 4.02x 3.3x 3.53x 3.12x 2.86x 2.6x
EV / EBITDA 18.7x 15.3x 21.7x 21.7x 17.5x 15.2x 14.9x 13.9x
EV / EBIT 14.6x 25.9x 22.7x 18.7x 17.4x 14x 13.1x 12.8x
EV / FCF -23.5x -42.4x 4.66x 31.3x 21.6x 6.24x 7.82x 6.51x
FCF Yield -4.25% -2.36% 21.5% 3.2% 4.63% 16% 12.8% 15.4%
Dividend per Share 2 4.2 4.33 4.84 4.31 1.92 1.979 1.793 2.003
Rate of return 6.66% 10.8% 13.6% 18.8% 8.73% 12.8% 11.6% 13%
EPS 2 5.328 0.7136 -16.5 -3.64 -1.62 -0.7922 1.588 2.864
Distribution rate 78.8% 607% -29.3% -118% -119% -250% 113% 69.9%
Net sales 1 1,661 1,816 1,528 1,572 1,450 1,332 1,366 1,430
EBITDA 1 625.5 650.3 283 239 292.5 273.7 261.7 268.7
EBIT 1 800.6 382.5 270.1 277.5 294.6 296.9 299 291.3
Net income 1 400.1 54.1 -1,250 -275.9 -123 -50.4 130.8 229.2
Net Debt 1 6,933 6,876 3,448 3,454 3,446 2,991 2,735 2,553
Reference price 2 63.10 40.24 35.54 22.98 22.00 15.42 15.42 15.42
Nbr of stocks (in thousands) 75,691 75,652 75,770 75,778 75,825 75,797 - -
Announcement Date 2/21/22 2/20/23 2/19/24 2/18/25 2/17/26 - - -
1EUR in Million2EUR
Estimates

P/E, Detailed evolution



P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
-19.47x3.12x15.2x12.83% 1.31B
22.3x12.85x15.4x5.7% 15.16B
8.49x14.54x18.81x6.18% 7.5B
13.12x15.22x17.48x4.88% 6.62B
22.19x13.79x15.24x4.5% 6.23B
8.4x14.03x17.88x5.68% 5.92B
10.56x14.96x15.94x6.82% 5.91B
10.31x16.29x19.67x8.5% 5.47B
13.07x11.74x13.4x5.28% 5.19B
18.96x10.33x12.9x6.05% 4.69B
Average 10.79x 12.69x 16.19x 6.64% 6B
Weighted average by Cap. 14.48x 13.51x 16.29x 6.03%

Y-o-Y evolution of P/E

Valuation ratios - P/E - Icade

Historical PBR trend

Valuation ratios - PBR - Icade

Evolution Enterprise Value / Sales

Valuation ratios - VE_REV - Icade

Change in Enterprise Value/EBITDA

Valuation ratios - VE_EBITDA - Icade


Year-on-year evolution of the Yield

Valuation ratios - Yield - Icade