Company Valuation: Maurel

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 510 848 1,338 1,168 1,290 1,829 - -
Change - 66.25% 57.78% -12.71% 10.42% 41.79% - -
Enterprise Value (EV) 1 853 1,048 1,458 1,134 1,111 1,504 1,269 1,138
Change - 22.85% 39.12% -22.22% -2.05% 35.44% -15.65% -10.28%
P/E 4.25x 4.17x 6.41x 5.03x 3.16x 6.95x 7.59x 7.47x
PBR 0.76x 0.99x 1.31x 1x 0.86x 1.04x 1.12x 1.07x
PEG - 0.1x 3.3x 0.4x 0x -0.2x -0.89x 4.52x
Capitalization / Revenue 1.02x 1.25x 1.96x 1.45x 2.23x 2.72x 2.43x 2.43x
EV / Revenue 1.71x 1.55x 2.14x 1.4x 1.92x 2.24x 1.69x 1.51x
EV / EBITDA 3.05x 2.37x 4.06x 3.08x 4.46x 3.85x 3.32x 3.06x
EV / EBIT 5.4x 2.98x 7.55x 4.4x 2.76x 5.38x 5.35x 5.13x
EV / FCF 7.35x 3.98x 11.7x 8.62x -50.5x 13.4x 4.34x 5.29x
FCF Yield 13.6% 25.1% 8.55% 11.6% -1.98% 7.46% 23.1% 18.9%
Dividend per Share 2 0.0774 0.2465 0.249 0.3574 0.3804 0.4767 0.3715 0.3243
Rate of return 2.99% 5.75% 3.7% 6.08% 5.86% 5.2% 4.06% 3.54%
EPS 2 0.61 1.03 1.05 1.17 2.05 1.318 1.206 1.226
Distribution rate 12.7% 23.9% 23.7% 30.5% 18.6% 36.2% 30.8% 26.4%
Net sales 1 500 676 682 808 578 672.9 752.6 752.6
EBITDA 1 280 443 359 368 249 391.1 382.4 371.5
EBIT 1 158 352 193 258 403 279.5 237.1 221.7
Net income 1 121 206 210 233 410 287.5 234.5 262.1
Net Debt 1 343 200 120 -34 -179 -324.3 -559.7 -690.1
Reference price 2 2.593 4.291 6.732 5.881 6.487 9.158 9.158 9.158
Nbr of stocks (in thousands) 196,702 197,616 198,754 198,610 198,807 199,665 - -
Announcement Date 3/18/22 3/14/23 3/1/24 3/6/25 3/12/26 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
7.19x2.33x4.01x5.03% 1.83B
12.43x2.43x5.38x2.58% 153B
12.43x3.31x6.34x3.59% 99.71B
8.43x2.59x4.5x2.86% 74.16B
9.88x1.47x4.78x1.91% 58.33B
7.25x2.49x3.94x1.85% 57.23B
9.19x2.56x5.04x2.29% 54.72B
11.37x3.44x4.94x2.27% 53B
12.38x3.38x5.14x5.91% 43.93B
12.12x3.92x5.74x1.32% 31.36B
Average 10.27x 2.79x 4.98x 2.96% 62.75B
Weighted average by Cap. 10.84x 2.74x 5.17x 2.77%

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

-40%: Exceptional extension
d
:
:
SEIZE THE OFFER!