Company Valuation: Sanofi

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 111,194 112,665 112,549 116,968 100,655 90,461 - -
Change - 1.32% -0.1% 3.93% -13.95% -10.13% - -
Enterprise Value (EV) 1 121,177 119,102 120,342 125,740 111,663 100,159 96,058 92,579
Change - -1.71% 1.04% 4.49% -11.2% -10.3% -4.09% -3.62%
P/E 17.8x 16.7x 20.8x 20.4x 12.9x 11.4x 10.4x 8.86x
PBR 1.62x 1.5x 1.52x 1.51x 1.41x 1.2x 1.14x 1.08x
PEG - 2.07x -1.1x 3.14x 0.3x 3.23x 1.18x 0.5x
Capitalization / Revenue 2.94x 2.62x 2.61x 2.85x 2.31x 1.92x 1.8x 1.71x
EV / Revenue 3.21x 2.77x 2.79x 3.06x 2.56x 2.12x 1.91x 1.75x
EV / EBITDA 9.95x 8.14x 8.44x 9.76x 8.22x 6.85x 6.16x 5.41x
EV / EBIT 11.3x 9.13x 9.5x 11.1x 9.19x 7.8x 6.99x 6.15x
EV / FCF 15x 14x 14.2x 21.1x 13.8x 11.7x 10.5x 9.03x
FCF Yield 6.68% 7.12% 7.04% 4.74% 7.24% 8.58% 9.51% 11.1%
Dividend per Share 2 3.33 3.56 3.76 3.92 4.12 4.254 4.506 4.831
Rate of return 3.76% 3.96% 4.19% 4.18% 4.98% 5.64% 5.98% 6.41%
EPS 2 4.97 5.37 4.31 4.59 6.4 6.626 7.213 8.502
Distribution rate 67% 66.3% 87.2% 85.4% 64.4% 64.2% 62.5% 56.8%
Net sales 1 37,761 42,997 43,070 41,081 43,626 47,187 50,256 52,891
EBITDA 1 12,183 14,627 14,259 12,889 13,583 14,630 15,606 17,098
EBIT 1 10,714 13,040 12,670 11,343 12,149 12,836 13,744 15,061
Net income 1 6,223 6,720 5,400 5,744 7,813 7,992 8,901 10,562
Net Debt 1 9,983 6,437 7,793 8,772 11,008 9,698 5,597 2,119
Reference price 2 88.58 89.84 89.76 93.74 82.72 75.37 75.37 75.37
Nbr of stocks (in thousands) 1,255,293 1,254,060 1,253,891 1,247,793 1,216,810 1,200,220 - -
Announcement Date 2/4/22 2/3/23 2/1/24 1/30/25 1/29/26 - - -
1EUR in Million2EUR
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
35.46x12.91x26.29x0.56% 1,084B
28.11x6.45x17.52x2.03% 634B
30.45x7.46x15.28x2.72% 447B
17.81x4.43x10.97x2.99% 330B
23.78x4.98x13.89x1.75% 295B
21.66x5.57x13.46x2.83% 285B
14.26x5.31x10.9x3.51% 218B
24.07x6.37x11.22x2.74% 199B
-48.15x5.84x32.48x2.39% 169B
Average 16.38x 6.59x 16.89x 2.39% 406.65B
Weighted average by Cap. 24.24x 8.02x 18.60x 1.95%

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