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 88,393 124,127 138,582 - -
Change - 8.75% 33.44% 32.73% 40.43% 11.65% - -
Enterprise Value (EV) 1 47,435 49,891 66,221 86,655 122,389 134,234 132,059 129,562
Change - 5.18% 32.73% 30.86% 41.24% 9.68% -1.62% -1.89%
P/E 1,077x -20.3x 19.8x -133x 17.3x 33.5x 26.5x 23.6x
PBR 3.58x 4.77x 5.94x 8.77x 8.38x 8.74x 7.55x 6.47x
PEG - 0x -0x 1x -0x -0.8x 1x 1.9x
Capitalization / Revenue 3.01x 2.62x 2.87x 3.24x 3.96x 3.79x 3.44x 3.15x
EV / Revenue 3.11x 2.62x 2.85x 3.17x 3.91x 3.67x 3.28x 2.94x
EV / EBITDA 17.1x 13.6x 14.4x 16x 17.4x 16.7x 14.7x 13.1x
EV / EBIT 26.3x 20.7x 20.9x 21x 23.5x 20.5x 17.8x 15.7x
EV / FCF 28.2x 18.7x 22.5x 27.2x 31.2x 27.5x 24.6x 21.3x
FCF Yield 3.54% 5.34% 4.45% 3.68% 3.2% 3.64% 4.06% 4.7%
Dividend per Share 2 0.5 1.35 1.35 2.9 3.35 4.125 5.146 5.826
Rate of return 0.46% 1.15% 0.85% 1.37% 1.13% 1.23% 1.54% 1.74%
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% 40.8% 41.1%
Net sales 1 15,257 19,035 23,199 27,317 31,329 36,547 40,301 43,994
EBITDA 1 2,778 3,667 4,599 5,413 7,015 8,060 9,012 9,900
EBIT 1 1,805 2,408 3,166 4,119 5,197 6,562 7,423 8,239
Net income 1 43 -2,459 3,444 -667 7,177 4,141 5,299 5,966
Net Debt 1 1,544 -14 -374 -1,738 -1,738 -4,348 -6,523 -9,020
Reference price 2 107.66 116.92 159.46 212.10 297.40 334.30 334.30 334.30
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.($)
33.66x3.69x16.74x1.23% 158B
41.58x9.37x29.05x0.23% 91.48B
30.59x8.78x16.74x-.--% 61.1B
49.13x7.19x25.25x0.08% 36.31B
20.46x2.15x11.3x1.29% 22.54B
35.08x5.36x23.79x0.19% 20.1B
197.8x - - - 15.2B
47.63x - - - 8.12B
19.05x1.43x10.25x-.--% 7.21B
Average 52.77x 5.42x 19.02x 0.43% 46.62B
Weighted average by Cap. 41.60x 6.06x 20.29x 0.63%

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