Company Valuation: Melexis N.V.

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 4,234 3,272 3,686 2,283 2,301 2,723 - -
Change - -22.71% 12.65% -38.08% 0.79% 18.36% - -
Enterprise Value (EV) 1 4,189 3,187 3,832 2,466 2,588 2,961 2,941 2,908
Change - -23.91% 20.23% -35.64% 4.93% 14.43% -0.7% -1.11%
P/E 32.2x 16.6x 17.6x 13.3x 20.7x 22.8x 17.7x 14.8x
PBR 10.9x 6.79x 6.69x 4.03x 4.79x 6.42x 6.24x 5.88x
PEG - 0.3x 2.86x -0.7x -0.6x 2.48x 0.6x 0.8x
Capitalization / Revenue 6.58x 3.91x 3.82x 2.45x 2.74x 3.13x 2.87x 2.63x
EV / Revenue 6.51x 3.81x 3.97x 2.64x 3.08x 3.41x 3.1x 2.81x
EV / EBITDA 21.7x 11.7x 12.5x 9.22x 13.8x 14.3x 11.8x 10.1x
EV / EBIT 28.2x 14.1x 14.7x 11.2x 19.3x 18.9x 15.1x 12.7x
EV / FCF 40.6x 21.5x -41.8x 11.5x 26.7x 13.8x 17.8x 14.9x
FCF Yield 2.46% 4.64% -2.4% 8.67% 3.75% 7.22% 5.62% 6.7%
Dividend per Share 2 2.6 3.5 3.7 3.7 3.7 3.704 3.781 3.88
Rate of return 2.48% 4.32% 4.05% 6.55% 6.43% 5.34% 5.46% 5.6%
EPS 2 3.25 4.88 5.18 4.24 2.78 3.035 3.924 4.681
Distribution rate 80% 71.7% 71.4% 87.3% 133% 122% 96.4% 82.9%
Net sales 1 643.8 836.2 964.3 932.8 839.6 868.6 949.7 1,036
EBITDA 1 193.2 271.7 306.4 267.6 187.3 207.3 248.2 286.6
EBIT 1 148.4 226.5 261.2 219.9 134 157 194.9 229.2
Net income 1 131.1 197.2 209.5 171.4 112.5 121.9 156.7 188
Net Debt 1 -45.31 -85.08 145.6 183.7 287.4 238.4 217.7 185
Reference price 2 104.80 81.00 91.25 56.50 57.50 69.30 69.30 69.30
Nbr of stocks (in thousands) 40,400 40,400 40,400 40,400 40,009 40,400 - -
Announcement Date 2/2/22 2/1/23 2/7/24 2/4/25 2/4/26 - - -
1EUR in Million2EUR
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
22.83x3.5x14.66x5.34% 3.15B
23.93x13.69x20.64x0.32% 5,777B
23.98x11.81x15.98x1.04% 2,108B
40.63x17.16x25.21x0.69% 1,794B
14.23x8.73x10.5x0.05% 1,181B
113.38x20.57x78.09x-.--% 1,060B
5.02x3.25x3.93x0.2% 966B
-48.61x9.71x27.03x-.--% 591B
241.21x52.6x107.31x-.--% 323B
Average 48.51x 15.67x 33.70x 0.85% 1,534B
Weighted average by Cap. 32.80x 13.96x 25.20x 0.4%

Y-o-Y evolution of P/E

Valuation ratios - P/E - Melexis N.V.

Historical PBR trend

Valuation ratios - PBR - Melexis N.V.

Evolution Enterprise Value / Sales

Valuation ratios - VE_REV - Melexis N.V.

Change in Enterprise Value/EBITDA

Valuation ratios - VE_EBITDA - Melexis N.V.


Year-on-year evolution of the Yield

Valuation ratios - Yield - Melexis N.V.
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