Company Valuation: IMCD N.V.

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 11,078 7,582 8,962 8,476 4,566 5,769 - -
Change - -31.56% 18.21% -5.42% -46.14% 26.35% - -
Enterprise Value (EV) 1 12,018 8,609 10,248 9,758 6,117 7,173 6,932 6,731
Change - -28.37% 19.04% -4.78% -37.31% 17.25% -3.36% -2.9%
P/E 53.6x 24.2x 30.7x 29.5x 21x 21.1x 19.9x 18.2x
PBR 7.59x 4.53x 5.2x 3.83x 2.24x 2.63x 2.35x 2.14x
PEG - 0.5x -4.56x -5.61x -0.9x 0.8x 3.31x 1.96x
Capitalization / Revenue 3.23x 1.65x 2.02x 1.79x 0.96x 1.12x 1.07x 1.01x
EV / Revenue 3.5x 1.87x 2.31x 2.06x 1.28x 1.39x 1.28x 1.18x
EV / EBITDA 30x 14.7x 18.7x 17.1x 11.3x 12.5x 11.3x 10.4x
EV / EBIT 39.3x 18.6x 23.9x 23x 16.5x 17x 15.2x 13.7x
EV / FCF 67.7x 31.1x 26.8x 38.6x 20.3x 22.2x 18.5x 17.7x
FCF Yield 1.48% 3.22% 3.73% 2.59% 4.94% 4.5% 5.41% 5.63%
Dividend per Share 2 1.62 2.37 2.24 2.15 1.81 1.954 2.109 2.189
Rate of return 0.83% 1.78% 1.42% 1.5% 2.34% 2% 2.16% 2.24%
EPS 2 3.63 5.5 5.13 4.86 3.68 4.625 4.904 5.359
Distribution rate 44.6% 43.1% 43.7% 44.2% 49.2% 42.2% 43% 40.9%
Net sales 1 3,435 4,602 4,443 4,728 4,779 5,171 5,404 5,687
EBITDA 1 401 584.5 547.8 572.3 539.2 575.2 612.1 648
EBIT 1 305.5 461.7 428.5 425.1 371.3 423.1 457.5 491
Net income 1 207.2 313.1 292.3 278.2 217.6 261.5 290.3 319.4
Net Debt 1 940 1,027 1,286 1,282 1,552 1,404 1,163 962
Reference price 2 194.70 133.15 157.55 143.50 77.34 97.70 97.70 97.70
Nbr of stocks (in thousands) 56,898 56,944 56,887 59,069 59,033 59,045 - -
Announcement Date 2/25/22 2/23/23 3/1/24 3/5/25 2/18/26 - - -
1EUR in Million2EUR
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
21.13x1.39x12.47x2% 6.66B
23.96x1.45x15.02x3.09% 1.43B
26.48x - - - 600M
Average 23.86x 1.42x 13.74x 2.54% 2.9B
Weighted average by Cap. 21.96x 1.40x 12.92x 2.19%

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