Company Valuation: Savencia

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 839.3 799.8 741 708.8 807.9 818.2 - -
Change - -4.7% -7.36% -4.34% 13.98% 1.28% - -
Enterprise Value (EV) 1 1,344 1,306 1,224 1,164 1,361 1,696 1,615 1,532
Change - -2.84% -6.26% -4.88% 16.95% 24.6% -4.78% -5.14%
P/E 10.1x 11.7x 7.67x 6.63x 10.9x 7.56x 6.16x 5.48x
PBR 0.54x - - 0.43x - - - -
PEG - -0.7x 0.2x 0.6x -0.4x 0.2x 0.3x 0.4x
Capitalization / Revenue 0.15x 0.12x 0.11x 0.1x 0.12x 0.11x 0.1x 0.1x
EV / Revenue 0.24x 0.2x 0.18x 0.16x 0.2x 0.22x 0.19x 0.18x
EV / EBITDA 3.04x 3.01x 2.94x 2.58x 3.27x 3.51x 3.02x 2.71x
EV / EBIT 5.46x 5.57x 5.75x 5.01x 6.47x 6.71x 5.57x 4.88x
EV / FCF 18.6x 19.6x 15x 8.39x 22.9x 20.7x 15.8x 13.9x
FCF Yield 5.37% 5.11% 6.68% 11.9% 4.37% 4.83% 6.33% 7.2%
Dividend per Share 2 1.5 - - 1.6 1.4 1.68 2.06 2.31
Rate of return 2.45% - - 3.02% 2.24% 2.65% 3.25% 3.64%
EPS 2 6.03 5.01 7.17 8 5.73 8.39 10.3 11.56
Distribution rate 24.9% - - 20% 24.4% 20% 20% 20%
Net sales 1 5,610 6,551 6,791 7,140 6,957 7,769 8,291 8,493
EBITDA 1 441.6 433.8 416.6 451.1 416.4 482.8 535.2 565.2
EBIT 1 246.1 234.3 212.9 232.3 210.5 252.9 289.8 314
Net income 1 82.9 68 96.5 107 74.7 109.5 134.5 151
Net Debt 1 504.3 505.7 482.8 455.2 553.4 878 797 714
Reference price 2 61.20 58.40 55.00 53.00 62.40 63.40 63.40 63.40
Nbr of stocks (in thousands) 13,714 13,696 13,472 13,374 12,947 12,906 - -
Announcement Date 3/10/22 3/9/23 3/7/24 3/3/25 3/5/26 - - -
1EUR in Million2EUR
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
7.46x0.22x3.49x2.68% 938M
15.51x1.59x11.21x5.28% 24.93B
19.51x1.59x12.14x1.92% 6.11B
19.21x1.09x10.42x2.16% 5.57B
13.07x1.63x8.13x7.18% 4.99B
27.17x2.65x17.62x2.71% 3.51B
68.76x2.94x24.62x0.63% 2.78B
15.14x - - 3.49% 1.94B
Average 23.23x 1.67x 12.52x 3.26% 6.35B
Weighted average by Cap. 19.72x 1.67x 12.00x 4.17%

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