Company Valuation: Ipsen

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 6,621 8,279 8,912 9,155 9,770 12,979 - -
Change - 25.05% 7.65% 2.72% 6.72% 32.85% - -
Enterprise Value (EV) 1 6,758 7,894 8,860 9,020 9,225 11,746 10,738 9,943
Change - 16.81% 12.22% 1.81% 2.28% 27.33% -8.59% -7.41%
P/E 10.4x 12.9x 14x 26.7x 22.4x 13.2x 13.9x 13.9x
PBR 2.42x - 2.36x 2.22x 2.3x 2.54x 2.16x 1.86x
PEG - 20.02x -13.67x -0.6x 0.8x 0x -2.62x -261.68x
Capitalization / Revenue 2.31x 2.74x 2.85x 2.69x 2.49x 2.85x 2.84x 2.74x
EV / Revenue 2.36x 2.61x 2.83x 2.65x 2.35x 2.58x 2.35x 2.1x
EV / EBITDA 5.8x 5.86x 10.1x 7.52x 6.67x 6.22x 6.23x 5.82x
EV / EBIT 6.68x 7.08x 8.85x 8.13x 7.13x 7.36x 7.25x 6.68x
EV / FCF 8.31x 9.02x 12.5x 11.6x 8.93x 9.11x 9.26x 8.59x
FCF Yield 12% 11.1% 8.02% 8.59% 11.2% 11% 10.8% 11.6%
Dividend per Share 2 1.2 1.2 1.2 1.4 1.4 1.535 1.532 1.655
Rate of return 1.49% 1.19% 1.11% 1.26% 1.18% 0.97% 0.97% 1.05%
EPS 2 7.76 7.81 7.73 4.15 5.32 12.03 11.39 11.38
Distribution rate 15.5% 15.4% 15.5% 33.7% 26.3% 12.8% 13.5% 14.5%
Net sales 1 2,869 3,025 3,128 3,401 3,929 4,553 4,571 4,743
EBITDA 1 1,166 1,348 881.4 1,200 1,383 1,888 1,723 1,709
EBIT 1 1,011 1,115 1,001 1,109 1,294 1,596 1,481 1,487
Net income 1 646.6 647.5 647.2 347.3 444.5 1,002 960.3 951.3
Net Debt 1 137.8 -384.7 -52.9 -134.9 -544.5 -1,233 -2,241 -3,036
Reference price 2 80.50 100.50 107.90 110.70 119.00 158.30 158.30 158.30
Nbr of stocks (in thousands) 82,243 82,380 82,599 82,700 82,100 81,990 - -
Announcement Date 2/11/22 2/9/23 2/8/24 2/13/25 2/12/26 - - -
1EUR in Million2EUR
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
33.6x12.3x24.81x0.58% 1,057B
28.84x - - 2.07% 625B
32.43x7.35x15.3x2.81% 435B
20.47x4.85x12.02x2.72% 363B
22.14x5.72x14.28x2.8% 296B
20.58x4.25x12.07x2.07% 249B
25.76x6.78x12.06x2.45% 222B
13.84x4.97x10.44x3.68% 209B
-41.37x5.93x33.46x2.47% 165B
Average 17.37x 6.52x 16.80x 2.41% 402.31B
Weighted average by Cap. 24.45x 8.09x 18.31x 1.98%

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