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 13,612 - -
Change - 25.05% 7.65% 2.72% 6.72% 39.33% - -
Enterprise Value (EV) 1 6,758 7,894 8,860 9,020 9,225 12,186 11,159 10,372
Change - 16.81% 12.22% 1.81% 2.28% 32.1% -8.43% -7.05%
P/E 10.4x 12.9x 14x 26.7x 22.4x 15.1x 14.8x 14.8x
PBR 2.42x - 2.36x 2.22x 2.3x 2.76x 2.29x 1.98x
PEG - 20.02x -13.67x -0.6x 0.8x 0x 7.79x 50.55x
Capitalization / Revenue 2.31x 2.74x 2.85x 2.69x 2.49x 3.19x 3.04x 2.92x
EV / Revenue 2.36x 2.61x 2.83x 2.65x 2.35x 2.86x 2.49x 2.22x
EV / EBITDA 5.8x 5.86x 10.1x 7.52x 6.67x 7.3x 6.59x 6.2x
EV / EBIT 6.68x 7.08x 8.85x 8.13x 7.13x 8.5x 7.59x 7.06x
EV / FCF 8.31x 9.02x 12.5x 11.6x 8.93x 11.1x 9.73x 8.85x
FCF Yield 12% 11.1% 8.02% 8.59% 11.2% 9.03% 10.3% 11.3%
Dividend per Share 2 1.2 1.2 1.2 1.4 1.4 1.436 1.489 1.582
Rate of return 1.49% 1.19% 1.11% 1.26% 1.18% 0.87% 0.9% 0.95%
EPS 2 7.76 7.81 7.73 4.15 5.32 10.97 11.18 11.22
Distribution rate 15.5% 15.4% 15.5% 33.7% 26.3% 13.1% 13.3% 14.1%
Net sales 1 2,869 3,025 3,128 3,401 3,929 4,265 4,479 4,667
EBITDA 1 1,166 1,348 881.4 1,200 1,383 1,670 1,693 1,674
EBIT 1 1,011 1,115 1,001 1,109 1,294 1,434 1,470 1,468
Net income 1 646.6 647.5 647.2 347.3 444.5 939.7 948.5 947.3
Net Debt 1 137.8 -384.7 -52.9 -134.9 -544.5 -1,426 -2,453 -3,240
Reference price 2 80.50 100.50 107.90 110.70 119.00 165.80 165.80 165.80
Nbr of stocks (in thousands) 82,243 82,380 82,599 82,700 82,100 82,100 - -
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 (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
15.42x2.91x7.43x0.85% 15.83B
35.06x12.74x25.95x0.57% 1,070B
27.14x6.24x16.98x2.1% 611B
31.04x7.44x15.22x2.75% 445B
17.73x4.41x10.84x3.01% 329B
23.3x4.89x13.84x1.78% 290B
21.86x5.61x13.55x2.82% 287B
13.89x5.16x10.6x3.6% 213B
23.6x6.28x11.05x2.79% 195B
-45.11x5.46x30.35x2.57% 157B
Average 16.39x 6.11x 15.58x 2.28% 361.21B
Weighted average by Cap. 24.22x 7.88x 18.18x 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