Company Valuation: Solvay SA

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 10,543 9,790 2,912 3,251 2,837 2,758 - -
Change - -7.14% -70.26% 11.65% -12.73% -2.8% - -
Enterprise Value (EV) 1 12,692 11,581 4,401 4,751 4,434 4,466 4,487 4,398
Change - -8.75% -62% 7.96% -6.67% 0.7% 0.48% -1.99%
P/E 11.2x 5.16x 1.4x 14.8x 97x 13.5x 11.6x 11.6x
PBR 1.2x 0.92x 2.31x 2.47x 2.65x 2.6x 2.67x 2.69x
PEG - 0x 0.17x -0.2x -1.1x 0x 0.7x -19.63x
Capitalization / Revenue 1.04x 0.73x 0.6x 0.69x 0.67x 0.67x 0.65x 0.64x
EV / Revenue 1.26x 0.86x 0.9x 1.01x 1.04x 1.09x 1.06x 1.02x
EV / EBITDA 5.39x 3.59x 3.53x 4.52x 5.03x 5.65x 5.34x 4.98x
EV / EBIT 7.93x 4.77x 4.75x 6.49x 7.9x 9.55x 8.81x 7.68x
EV / FCF 14.7x 10.6x 7.84x 13.2x 12.7x 21.5x 15.9x 14x
FCF Yield 6.79% 9.47% 12.7% 7.6% 7.89% 4.66% 6.3% 7.15%
Dividend per Share 2 3.85 4.05 2.43 2.43 2.43 2.424 2.436 2.451
Rate of return 3.77% 4.29% 8.76% 7.8% 8.95% 9.2% 9.24% 9.3%
EPS 2 9.13 18.3 19.85 2.1 0.28 1.948 2.281 2.267
Distribution rate 42.2% 22.1% 12.2% 116% 868% 124% 107% 108%
Net sales 1 10,105 13,426 4,880 4,686 4,262 4,113 4,215 4,319
EBITDA 1 2,356 3,229 1,246 1,052 881 790.6 841 882.5
EBIT 1 1,600 2,426 926 732 561 467.7 509.6 572.6
Net income 1 948 1,905 2,093 223 30 212.9 249.2 249.8
Net Debt 1 2,149 1,791 1,489 1,500 1,597 1,708 1,729 1,640
Reference price 2 102.20 94.46 27.73 31.16 27.16 26.36 26.36 26.36
Nbr of stocks (in thousands) 103,158 103,640 105,008 104,332 104,465 104,623 - -
Announcement Date 2/23/22 2/23/23 3/13/24 3/5/25 2/24/26 - - -
1EUR in Million2EUR
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
22.16x4.1x11.12x1.72% 80.23B
16.64x0.9x7.68x4.78% 47.11B
67.35x11.03x46.41x0.82% 17.08B
15.35x0.98x7.26x2.42% 15.55B
13.95x0.76x5.3x2.78% 9.8B
16.18x0.69x7.9x3.29% 9.28B
37.42x4.86x21.45x0.35% 8.7B
53.6x - - 0.56% 8.4B
28.63x1.48x7.95x2.44% 7.73B
Average 30.14x 3.10x 14.38x 2.13% 22.65B
Weighted average by Cap. 25.68x 3.29x 12.96x 2.45%

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