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 91,493 - -
Change - 1.32% -0.1% 3.93% -13.95% -9.1% - -
Enterprise Value (EV) 1 121,177 119,102 120,342 125,740 111,663 101,124 97,012 93,612
Change - -1.71% 1.04% 4.49% -11.2% -9.44% -4.07% -3.51%
P/E 17.8x 16.7x 20.8x 20.4x 12.9x 11.5x 10.6x 8.97x
PBR 1.62x 1.5x 1.52x 1.51x 1.41x 1.22x 1.16x 1.1x
PEG - 2.07x -1.1x 3.14x 0.3x 3.25x 1.19x 0.5x
Capitalization / Revenue 2.94x 2.62x 2.61x 2.85x 2.31x 1.95x 1.83x 1.74x
EV / Revenue 3.21x 2.77x 2.79x 3.06x 2.56x 2.15x 1.94x 1.78x
EV / EBITDA 9.95x 8.14x 8.44x 9.76x 8.22x 6.91x 6.22x 5.48x
EV / EBIT 11.3x 9.13x 9.5x 11.1x 9.19x 7.87x 7.07x 6.25x
EV / FCF 15x 14x 14.2x 21.1x 13.8x 11.8x 10.7x 9.17x
FCF Yield 6.68% 7.12% 7.04% 4.74% 7.24% 8.49% 9.39% 10.9%
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% 5.58% 5.91% 6.34%
EPS 2 4.97 5.37 4.31 4.59 6.4 6.626 7.214 8.497
Distribution rate 67% 66.3% 87.2% 85.4% 64.4% 64.2% 62.5% 56.9%
Net sales 1 37,761 42,997 43,070 41,081 43,626 46,952 50,037 52,697
EBITDA 1 12,183 14,627 14,259 12,889 13,583 14,630 15,608 17,090
EBIT 1 10,714 13,040 12,670 11,343 12,149 12,857 13,713 14,976
Net income 1 6,223 6,720 5,400 5,744 7,813 7,990 8,903 10,549
Net Debt 1 9,983 6,437 7,793 8,772 11,008 9,631 5,519 2,119
Reference price 2 88.58 89.84 89.76 93.74 82.72 76.23 76.23 76.23
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.($)
34.92x12.63x25.81x0.57% 1,060B
27.42x6.3x17.1x2.08% 619B
30.1x7.34x15.02x2.76% 438B
17.98x4.45x11.01x2.97% 333B
21.52x5.52x13.36x2.86% 282B
21.56x4.53x12.65x1.94% 267B
14.17x5.3x10.9x3.52% 218B
23.78x6.31x11.12x2.78% 196B
-46.02x5.6x31.12x2.5% 161B
Average 16.16x 6.44x 16.46x 2.44% 397.1B
Weighted average by Cap. 23.87x 7.85x 18.16x 2%

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