Company Valuation: Safran

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 45,891 49,905 66,595 88,393 124,127 137,421 - -
Change - 8.75% 33.44% 32.73% 40.43% 10.71% - -
Enterprise Value (EV) 1 47,435 49,891 66,221 86,655 122,389 133,088 130,837 128,356
Change - 5.18% 32.73% 30.86% 41.24% 8.74% -1.69% -1.9%
P/E 1,077x -20.3x 19.8x -133x 17.3x 33.2x 26.3x 23.4x
PBR 3.58x 4.77x 5.94x 8.77x 8.38x 8.66x 7.47x 6.41x
PEG - 0x -0x 1x -0x -0.8x 1x 1.9x
Capitalization / Revenue 3.01x 2.62x 2.87x 3.24x 3.96x 3.76x 3.42x 3.13x
EV / Revenue 3.11x 2.62x 2.85x 3.17x 3.91x 3.64x 3.25x 2.93x
EV / EBITDA 17.1x 13.6x 14.4x 16x 17.4x 16.5x 14.6x 13x
EV / EBIT 26.3x 20.7x 20.9x 21x 23.5x 20.3x 17.7x 15.7x
EV / FCF 28.2x 18.7x 22.5x 27.2x 31.2x 27.8x 24.5x 21.3x
FCF Yield 3.54% 5.34% 4.45% 3.68% 3.2% 3.6% 4.08% 4.7%
Dividend per Share 2 0.5 1.35 1.35 2.9 3.35 4.127 5.182 5.82
Rate of return 0.46% 1.15% 0.85% 1.37% 1.13% 1.24% 1.56% 1.76%
EPS 2 0.1 -5.76 8.07 -1.6 17.17 9.983 12.62 14.17
Distribution rate 500% -23.4% 16.7% -181% 19.5% 41.3% 41.1% 41.1%
Net sales 1 15,257 19,035 23,199 27,317 31,329 36,521 40,203 43,856
EBITDA 1 2,778 3,667 4,599 5,413 7,015 8,048 8,982 9,853
EBIT 1 1,805 2,408 3,166 4,119 5,197 6,553 7,396 8,192
Net income 1 43 -2,459 3,444 -667 7,177 4,126 5,265 5,907
Net Debt 1 1,544 -14 -374 -1,738 -1,738 -4,334 -6,584 -9,065
Reference price 2 107.66 116.92 159.46 212.10 297.40 331.50 331.50 331.50
Nbr of stocks (in thousands) 426,262 426,828 417,625 416,751 417,373 414,544 - -
Announcement Date 2/24/22 2/17/23 2/15/24 2/14/25 2/12/26 - - -
1EUR in Million2EUR
Estimates

P/E, Detailed evolution



P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
33.21x3.64x16.54x1.24% 160B
47.48x10.62x32.95x0.2% 104B
32.03x9.07x17.29x-.--% 64B
51.71x7.48x26.33x0.08% 38.21B
19.38x2.04x10.75x1.36% 21.57B
36.59x5.59x24.86x0.18% 21.01B
195.8x - - - 15.53B
47.25x - - - 8.13B
20.49x1.53x10.96x-.--% 8.01B
Average 53.77x 5.71x 19.96x 0.44% 48.9B
Weighted average by Cap. 43.26x 6.54x 21.66x 0.61%

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