Company Valuation: Legrand

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 27,448 19,952 24,667 24,652 33,297 35,349 - -
Change - -27.31% 23.63% -0.06% 35.07% 6.16% - -
Enterprise Value (EV) 1 29,973 22,271 26,673 27,658 37,519 40,203 39,724 39,266
Change - -25.7% 19.76% 3.69% 35.66% 7.15% -1.19% -1.15%
P/E 30.6x 20.1x 21.9x 21.3x 27x 24.5x 21.4x 19.3x
PBR 4.81x 3.01x 3.74x 3.29x - 4.31x 3.86x 3.47x
PEG - 1.9x 1.4x 7.7x 4.23x 1.4x 1.5x 1.8x
Capitalization / Revenue 3.92x 2.39x 2.93x 2.85x 3.51x 3.2x 2.9x 2.7x
EV / Revenue 4.29x 2.67x 3.17x 3.2x 3.96x 3.64x 3.26x 3x
EV / EBITDA 18.2x 12x 13.6x 13.5x 16.6x 15.3x 13.5x 12.4x
EV / EBIT 20.9x 13.1x 15.1x 15.6x 19.1x 17.8x 15.6x 14.2x
EV / FCF 31.5x 21.5x 16.8x 21.4x 28.2x 25.5x 22.6x 20.3x
FCF Yield 3.18% 4.65% 5.94% 4.67% 3.55% 3.93% 4.42% 4.92%
Dividend per Share 2 1.42 1.65 1.9 2.09 2.2 2.727 3.062 3.345
Rate of return 1.38% 2.21% 2.02% 2.22% 1.73% 2.02% 2.27% 2.48%
EPS 2 3.366 3.726 4.304 4.423 4.705 5.509 6.305 6.972
Distribution rate 42.2% 44.3% 44.1% 47.3% 46.8% 49.5% 48.6% 48%
Net sales 1 6,994 8,339 8,417 8,649 9,481 11,031 12,193 13,110
EBITDA 1 1,650 1,859 1,962 2,047 2,254 2,622 2,939 3,178
EBIT 1 1,434 1,702 1,770 1,776 1,962 2,254 2,539 2,763
Net income 1 904.5 999.5 1,148 1,166 1,245 1,463 1,676 1,859
Net Debt 1 2,524 2,319 2,006 3,006 4,223 4,854 4,375 3,917
Reference price 2 102.90 74.82 94.10 94.04 127.25 134.85 134.85 134.85
Nbr of stocks (in thousands) 266,749 266,669 262,133 262,145 261,662 262,136 - -
Announcement Date 2/10/22 2/9/23 2/15/24 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.($)
24.48x3.64x15.34x2.02% 40.28B
25.52x3.05x16.67x2.02% 244B
14.17x1.75x7.94x3.61% 205B
30.6x3.92x18.12x1.6% 186B
39.26x5.78x24.38x1% 171B
46.61x6.26x28.04x1.06% 156B
94.39x11.71x66.99x0.33% 98.2B
41.92x6.89x27.71x0.1% 97.51B
32.42x5.22x18.16x1.4% 88.26B
34.22x7.37x23.14x0.54% 57.48B
Average 38.36x 5.56x 24.65x 1.37% 134.39B
Weighted average by Cap. 35.71x 4.95x 22.65x 1.6%

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