Company Valuation: Rubis

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 2,690 2,531 2,320 2,461 3,307 3,679 - -
Change - -5.89% -8.35% 6.11% 34.34% 11.28% - -
Enterprise Value (EV) 1 3,128 3,817 3,680 3,753 4,473 5,219 5,276 5,335
Change - 22.05% -3.6% 2% 19.16% 16.7% 1.09% 1.12%
P/E 9.18x 9.65x 6.58x 7.24x 10.8x 10.5x 10.2x 9.83x
PBR 1.03x 0.93x 0.88x 0.87x - 1.23x 1.17x 1.12x
PEG - -0.9x 0.2x -2.06x -1.11x 0.8x 3.46x 2.59x
Capitalization / Revenue 0.59x 0.35x 0.35x 0.37x 0.51x 0.47x 0.49x 0.47x
EV / Revenue 0.68x 0.53x 0.56x 0.56x 0.68x 0.67x 0.7x 0.69x
EV / EBITDA 5.88x 5.7x 4.61x 5.21x 6.04x 6.65x 6.45x 6.32x
EV / EBIT 7.98x 7.5x 5.92x 7.45x 9.19x 9.49x 9.56x 9.36x
EV / FCF 35.2x 22.7x 13.2x 8.99x 12.5x 27.6x 28.6x 30.2x
FCF Yield 2.84% 4.41% 7.59% 11.1% 8.02% 3.62% 3.5% 3.31%
Dividend per Share 2 1.86 1.92 1.98 2.03 2.07 2.165 2.251 2.357
Rate of return 7.08% 7.8% 8.8% 8.5% 6.46% 6.08% 6.32% 6.62%
EPS 2 2.86 2.55 3.42 3.3 2.98 3.39 3.49 3.622
Distribution rate 65% 75.3% 57.9% 61.5% 69.5% 63.9% 64.5% 65.1%
Net sales 1 4,589 7,135 6,630 6,644 6,534 7,763 7,498 7,781
EBITDA 1 532 669.5 797.9 721 740.8 784.4 818.6 844.7
EBIT 1 392 509 621.4 503.8 486.5 550 551.8 570.3
Net income 1 293 262.9 353.7 342.3 308.8 348.1 358.9 371.2
Net Debt 1 438 1,286 1,360 1,292 1,166 1,540 1,597 1,656
Reference price 2 26.26 24.60 22.50 23.88 32.06 35.60 35.60 35.60
Nbr of stocks (in thousands) 102,419 102,888 103,101 103,077 103,139 103,356 - -
Announcement Date 3/10/22 3/16/23 3/7/24 3/13/25 3/12/26 - - -
1EUR in Million2EUR
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
17.33x0.4x8.31x5.39% 5.07B
16.54x0.18x6.98x3.52% 4.43B
10.5x0.67x6.65x6.08% 4.25B
7.05x0.3x6.75x8.48% 3.57B
12.05x0.05x5.23x2.51% 1.82B
10.43x0.47x6.35x7.25% 1.67B
5.48x0.56x7.66x4.42% 1.59B
Average 11.34x 0.38x 6.85x 5.38% 3.2B
Weighted average by Cap. 12.46x 0.38x 7.04x 5.48%

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

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