Company Valuation: Ipsos

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 1,832 2,598 2,451 1,977 1,478 1,510 - -
Change - 41.8% -5.68% -19.33% -25.22% 2.14% - -
Enterprise Value (EV) 1 2,150 2,598 2,695 2,147 1,837 1,854 1,763 1,655
Change - 20.84% 3.72% -20.34% -14.45% 0.96% -4.92% -6.14%
P/E 10.2x 12.3x 15.8x 9.85x 8.02x 7.51x 6.74x 6.32x
PBR 1.37x 1.75x 1.73x 1.25x 0.94x 0.9x 0.85x 0.78x
PEG - 0.7x -0.7x 0.3x -0.96x 0.79x 0.6x 0.93x
Capitalization / Revenue 0.85x 1.08x 1.03x 0.81x 0.59x 0.59x 0.58x 0.56x
EV / Revenue 1x 1.08x 1.13x 0.88x 0.73x 0.73x 0.67x 0.61x
EV / EBITDA 6.02x 6.45x 6.21x 5.23x 4.47x 4.67x 4.2x 3.76x
EV / EBIT 7.75x 8.26x 8.63x 6.72x 5.94x 5.99x 5.38x 4.8x
EV / FCF 7.11x 9.62x 11.9x 8.01x 8.39x 8.93x 7.87x 6.77x
FCF Yield 14.1% 10.4% 8.37% 12.5% 11.9% 11.2% 12.7% 14.8%
Dividend per Share 2 1.15 1.35 1.65 1.85 2 2.131 2.314 2.466
Rate of return 2.79% 2.31% 2.91% 4.03% 5.84% 6.07% 6.59% 7.02%
EPS 2 4.04 4.74 3.59 4.66 4.27 4.678 5.207 5.561
Distribution rate 28.5% 28.5% 46% 39.7% 46.8% 45.5% 44.4% 44.3%
Net sales 1 2,147 2,405 2,390 2,441 2,525 2,548 2,621 2,700
EBITDA 1 357.2 402.9 434.1 410.7 410.6 397.2 420.1 440.6
EBIT 1 277.4 314.7 312.4 319.5 309.3 309.5 327.9 344.9
Net income 1 183.9 215.2 159.7 204.5 186.6 190.8 213.8 227.9
Net Debt 1 317.8 - 244.3 169.8 358.3 344.3 253.1 144.8
Reference price 2 41.25 58.50 56.75 45.92 34.26 35.12 35.12 35.12
Nbr of stocks (in thousands) 44,424 44,419 43,186 43,057 43,153 41,968 - -
Announcement Date 2/23/22 2/15/23 2/21/24 2/26/25 2/24/26 - - -
1EUR in Million2EUR
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
7.51x0.71x4.58x6.07% 1.65B
14.58x1.59x7.26x3.89% 28.25B
10.1x1.07x6.19x3.92% 22.92B
13.78x6.14x10.79x6.15% 11.79B
11.87x0.82x5.13x-.--% 6.27B
148.59x0.56x140.63x - 6.56B
17.65x0.73x4.46x3.59% 5.9B
-61.74x1.94x8.15x0% 5.86B
16.25x1.35x4.19x2.89% 5.85B
Average 19.84x 1.66x 21.27x 3.31% 10.56B
Weighted average by Cap. 17.94x 1.84x 16.15x 3.62%

Y-o-Y evolution of P/E

Valuation ratios - P/E - Ipsos

Historical PBR trend

Valuation ratios - PBR - Ipsos

Evolution Enterprise Value / Sales

Valuation ratios - VE_REV - Ipsos

Change in Enterprise Value/EBITDA

Valuation ratios - VE_EBITDA - Ipsos


Year-on-year evolution of the Yield

Valuation ratios - Yield - Ipsos