Company Valuation: Immobel NV

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 726.8 448.7 297.2 191.2 240.3 208.6 - -
Change - -38.26% -33.78% -35.64% 25.67% -13.18% - -
Enterprise Value (EV) 1 726.8 1,278 1,129 992.1 891.5 884.7 751 466.4
Change - 75.79% -11.62% -12.15% -10.14% -0.76% -15.11% -37.89%
P/E 7.88x 41.9x -7.74x -2.05x 5.03x 4.38x 3.01x 3.74x
PBR 1.27x 0.81x 0.61x 0.5x 0.55x 0.45x 0.4x 0.36x
PEG - -0.5x 0x -0x -0x -13.6x 0.1x -0.2x
Capitalization / Revenue 1.85x 1.84x 1.82x 0.5x 0.68x 0.38x 0.41x 0.61x
EV / Revenue 1.85x 5.24x 6.93x 2.61x 2.51x 1.59x 1.48x 1.36x
EV / EBITDA 5.68x 18.6x 32.3x 29.2x 14.3x 13x 8.45x 6.57x
EV / EBIT 7.34x 73.1x 42.4x -11.9x 15.5x 13x 8.45x 6.57x
EV / FCF - - -8.82x 18.3x 5.67x 26.5x 5.12x 2.19x
FCF Yield - - -11.3% 5.48% 17.6% 3.78% 19.5% 45.7%
Dividend per Share 2 3.05 3.05 1.2 - - - - -
Rate of return 4.18% 6.78% 4.03% - - - - -
EPS 2 9.247 1.075 -3.85 -9.14 4.67 4.655 6.779 5.46
Distribution rate 33% 284% -31.2% - - - - -
Net sales 1 392.8 243.9 162.8 379.4 354.8 555.2 506.1 342.3
EBITDA 1 127.9 68.6 35 34 62.19 68 88.83 71
EBIT 1 99.06 17.48 26.63 -83.18 57.43 68 88.83 71
Net income 1 92.15 10.72 -38.42 -93.7 48.45 47.54 69.26 55.8
Net Debt 1 - 829 832 800.8 651.1 676 542.4 257.8
Reference price 2 72.90 45.00 29.80 18.70 23.50 20.40 20.40 20.40
Nbr of stocks (in thousands) 9,970 9,972 9,972 10,227 10,227 10,228 - -
Announcement Date 3/10/22 3/9/23 3/11/24 3/1/25 3/4/26 - - -
1EUR in Million2EUR
Estimates

P/E, Detailed evolution

P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
4.38x1.59x13.01x-.--% 244M
16.63x5.21x14.02x3.04% 47.38B
9.3x1.56x8.16x3.82% 32.18B
18.25x4.03x16.32x1.35% 27.9B
5.48x0.66x1.38x9.12% 26.37B
13.89x3.09x14.78x2.52% 25.36B
11.15x2.12x9.92x3.98% 21.12B
7.95x0.88x3.21x2.81% 20.33B
10.79x1.69x14.65x3.5% 19.68B
13.38x6.55x17.49x1.59% 19.4B
Average 11.12x 2.74x 11.29x 3.17% 24B
Weighted average by Cap. 12.35x 3.04x 11.25x 3.54%

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

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  4. Valuation Immobel NV