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 1,437 - -
Change - -36.26% -11.54% -35.33% -4.21% -13.86% - -
Enterprise Value (EV) 1 11,709 9,921 6,141 5,195 5,114 4,489 4,261 3,953
Change - -15.28% -38.1% -15.41% -1.55% -12.23% -5.08% -7.23%
P/E 11.8x 56.4x -2.15x -6.31x -13.6x -16.2x 29.3x 6.59x
PBR 0.71x 0.46x 0.54x 0.4x 0.43x 0.4x 0.38x 0.37x
PEG - -0.7x 0x 0.1x 0.2x 0.6x -0x 0x
Capitalization / Revenue 2.88x 1.68x 1.76x 1.11x 1.15x 1.11x 1.07x 1.04x
EV / Revenue 7.05x 5.46x 4.02x 3.3x 3.53x 3.47x 3.18x 2.85x
EV / EBITDA 18.7x 15.3x 21.7x 21.7x 17.5x 17.4x 16.3x 14.7x
EV / EBIT 14.6x 25.9x 22.7x 18.7x 17.4x 15.5x 14.2x 13.5x
EV / FCF -23.5x -42.4x 4.66x 31.3x 21.6x 6.73x 8.54x 6.91x
FCF Yield -4.25% -2.36% 21.5% 3.2% 4.63% 14.9% 11.7% 14.5%
Dividend per Share 2 4.2 4.33 4.84 4.31 1.92 1.767 1.839 1.941
Rate of return 6.66% 10.8% 13.6% 18.8% 8.73% 9.33% 9.71% 10.2%
EPS 2 5.328 0.7136 -16.5 -3.64 -1.62 -1.166 0.6475 2.876
Distribution rate 78.8% 607% -29.3% -118% -119% -152% 284% 67.5%
Net sales 1 1,661 1,816 1,528 1,572 1,450 1,292 1,338 1,388
EBITDA 1 625.5 650.3 283 239 292.5 257.9 261.4 269.3
EBIT 1 800.6 382.5 270.1 277.5 294.6 289.5 299.1 293
Net income 1 400.1 54.1 -1,250 -275.9 -123 -56.05 130.7 184.2
Net Debt 1 6,933 6,876 3,448 3,454 3,446 3,052 2,824 2,516
Reference price 2 63.10 40.24 35.54 22.98 22.00 18.95 18.95 18.95
Nbr of stocks (in thousands) 75,691 75,652 75,770 75,778 75,825 75,826 - -
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 (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
24.28x13.62x16.19x5.2% 16.36B
9.16x14.32x18.53x5.89% 7.14B
15.43x15.43x16.55x4.69% 7.1B
23.22x14.78x16.04x4.13% 6.62B
9.41x17.17x20.72x7.45% 6.46B
10.62x14.96x16.07x6.68% 6.16B
8.91x14.19x18.32x5.57% 6.13B
12.05x11.63x13.22x5.29% 5.04B
Average 14.13x 14.51x 16.95x 5.61% 7.63B
Weighted average by Cap. 15.86x 14.44x 16.92x 5.54%

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