Company Valuation: Nicox SA

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027
Market Cap 1 109.8 55.83 22.05 19.32 24.12 27.58 -
Change - -49.18% -60.51% -12.36% 24.81% 14.38% -
Enterprise Value (EV) 89.38 53.61 31.68 19.32 24.12 27.58 27.58
Change - -40.02% -40.9% -39.01% 24.81% 14.38% 0%
P/E -2.18x -1.78x -1.05x -0.88x -9.93x -6.26x 15.7x
PBR 1.45x 1.04x - - - - -
PEG - 0x 0x 0x 0.1x -0.1x -0x
Capitalization / Revenue 15.2x 17.1x 5.25x 2.46x 1.44x 9.19x 2.76x
EV / Revenue 0x 0x 0x 0x 0x 9.19x 2.76x
EV / EBITDA - - - - - - -
EV / EBIT -0x -0x -0x -0x 0x -5.52x 13.8x
EV / FCF - - - - - - -
FCF Yield - - - - - - -
Dividend per Share 2 - - - - - - -
Rate of return - - - - - - -
EPS 2 -1.17 -0.63 -0.42 -0.32 -0.03 -0.05 0.02
Distribution rate - - - - - - -
Net sales 1 7.233 3.271 4.2 7.859 16.77 3 10
EBITDA -16.61 -22.86 -17.04 - - - -
EBIT 1 -46.01 -33.96 -17.06 -9.854 4.626 -5 2
Net income 1 -43.76 -27.76 -20.88 -22.39 -2.413 -5 2
Net Debt -20.46 -2.216 9.636 - - - -
Reference price 2 2.5550 1.1200 0.4420 0.2810 0.2980 0.3130 0.3130
Nbr of stocks (in thousands) 42,991 49,845 49,882 68,764 80,926 88,131 -
Announcement Date 4/28/22 3/20/23 4/22/24 4/29/25 4/30/26 - -
1EUR in Million2EUR
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
32.87x11.93x24.1x0.6% 1,032B
28.34x6.29x17.98x2.1% 614B
37.73x7.89x16.32x2.6% 471B
103.26x5.79x24.59x2.4% 350B
19.01x4.63x11.48x2.86% 337B
19.87x5.19x12.84x3.07% 268B
20.52x4.22x12.02x2.1% 246B
25.43x6.65x11.85x2.51% 218B
-43.62x6.37x24.89x2.28% 179B
Average 27.04x 6.55x 17.34x 2.28% 412.76B
Weighted average by Cap. 32.24x 7.67x 18.71x 1.95%

Y-o-Y evolution of P/E

Valuation ratios - P/E - Nicox SA

Historical PBR trend

Valuation ratios - PBR - Nicox SA

Evolution Enterprise Value / Sales

Valuation ratios - VE_REV - Nicox SA

Change in Enterprise Value/EBITDA

Valuation ratios - VE_EBITDA - Nicox SA