Company Valuation: Imerys

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 3,096 3,073 2,403 2,381 2,021 1,837 - -
Change - -0.75% -21.8% -0.91% -15.13% -9.11% - -
Enterprise Value (EV) 1 4,547 4,739 3,521 3,656 3,412 3,289 3,381 3,198
Change - 4.22% -25.7% 3.84% -6.67% -3.61% 2.79% -5.41%
P/E 13.1x 13.2x 47.5x -25.2x -4.96x 15.6x 12x 10.3x
PBR 0.97x 0.92x 0.77x 0.73x 0.78x 0.66x 0.66x 0.62x
PEG - -12.28x -0.6x 0x -0x -0x 0.4x 0.6x
Capitalization / Revenue 0.71x 0.72x 0.63x 0.66x 0.6x 0.54x 0.52x 0.5x
EV / Revenue 1.04x 1.11x 0.93x 1.01x 1.01x 0.96x 0.96x 0.87x
EV / EBITDA 5.98x 6.58x 5.56x 5.42x 6.25x 5.92x 5.83x 5.29x
EV / EBIT 10.1x 10.8x 9.65x 9.28x 13.3x 13.8x 12.4x 10.5x
EV / FCF 22.1x 103x 16.5x 32.1x 30.5x 21x 24.4x 18.4x
FCF Yield 4.53% 0.97% 6.04% 3.12% 3.27% 4.76% 4.1% 5.45%
Dividend per Share 2 1.55 3.85 1.35 1.45 0.75 0.8004 0.8337 0.9374
Rate of return 4.24% 10.6% 4.74% 5.14% 3.13% 3.68% 3.83% 4.31%
EPS 2 2.79 2.76 0.6 -1.12 -4.83 1.391 1.809 2.123
Distribution rate 55.6% 139% 225% -129% -15.5% 57.5% 46.1% 44.2%
Net sales 1 4,383 4,282 3,794 3,605 3,384 3,426 3,526 3,686
EBITDA 1 761 720 633 675 546 555.7 580.3 604.4
EBIT 1 452 438.8 364.7 394 257.3 239 272.6 305.8
Net income 1 240 237.2 51.3 -95 -408.8 117.7 156.7 190
Net Debt 1 1,451 1,666 1,118 1,275 1,391 1,452 1,544 1,361
Reference price 2 36.54 36.34 28.48 28.20 23.94 21.76 21.76 21.76
Nbr of stocks (in thousands) 84,726 84,553 84,368 84,434 84,414 84,414 - -
Announcement Date 2/16/22 2/16/23 2/21/24 2/20/25 2/19/26 - - -
1EUR in Million2EUR
Estimates

P/E, Detailed evolution

P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
15.8x0.97x5.95x3.64% 2.11B
23.68x9.07x14.01x2.01% 152B
21.88x3.3x7.57x0.95% 91.29B
12.98x1.65x6.22x2.63% 60.47B
22.96x4.21x13.85x0.9% 22.9B
8.79x0.27x8.4x4.62% 20.14B
34.26x - - 0.52% 19.43B
18.01x1.02x9.41x2.4% 14.42B
8.73x1.85x3.03x-.--% 14.32B
Average 18.57x 2.79x 8.56x 1.96% 44.12B
Weighted average by Cap. 20.57x 5.10x 10.26x 1.8%

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