Company Valuation: UCB

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 18,947 13,973 14,969 36,464 45,333 42,213 - -
Change - -26.25% 7.12% 143.6% 24.32% -6.88% - -
Enterprise Value (EV) 1 19,807 15,973 17,146 37,918 45,326 42,334 40,231 37,649
Change - -19.36% 7.34% 121.15% 19.54% -6.6% -4.97% -6.42%
P/E 17.9x 33.4x 44.8x 34.3x 29.1x 22.7x 18.6x 15x
PBR 2.32x 1.58x 1.67x 3.64x 4.18x 3.46x 3.09x 2.55x
PEG - -0.6x -2.2x 0x 0.6x 1.2x 0.8x 0.6x
Capitalization / Revenue 3.28x 2.53x 2.85x 5.93x 5.86x 4.9x 4.36x 3.91x
EV / Revenue 3.43x 2.9x 3.26x 6.16x 5.86x 4.91x 4.16x 3.49x
EV / EBITDA 12.1x 12.7x 12.7x 25.7x 17.2x 14.3x 11x 8.7x
EV / EBIT 15x 23.7x 26.1x 45.4x 22.6x 17.5x 13.6x 10.3x
EV / FCF 15.6x 18.4x 38.5x 41.2x 24.6x 20.4x 15.3x 12x
FCF Yield 6.42% 5.43% 2.6% 2.43% 4.06% 4.9% 6.53% 8.34%
Dividend per Share 2 1.3 1.33 1.36 1.39 1.45 1.457 1.502 1.534
Rate of return 1.3% 1.81% 1.72% 0.72% 0.61% 0.65% 0.67% 0.69%
EPS 2 5.6 2.2 1.76 5.61 8.2 9.815 12.01 14.84
Distribution rate 23.2% 60.5% 77.3% 24.8% 17.7% 14.8% 12.5% 10.3%
Net sales 1 5,777 5,517 5,252 6,152 7,741 8,618 9,682 10,786
EBITDA 1 1,641 1,260 1,349 1,476 2,636 2,963 3,656 4,328
EBIT 1 1,318 675 657 836 2,009 2,414 2,966 3,671
Net income 1 1,058 418 343 1,065 1,558 1,847 2,326 2,859
Net Debt 1 860 2,000 2,177 1,454 -7 121.8 -1,982 -4,564
Reference price 2 100.35 73.56 78.90 192.20 238.60 222.90 222.90 222.90
Nbr of stocks (in thousands) 188,812 189,959 189,721 189,720 189,996 190,663 - -
Announcement Date 2/24/22 2/22/23 2/28/24 2/27/25 2/24/26 - - -
1EUR in Million2EUR
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
18.09x4.1x9.64x0.51% 76.15B
36.16x12.36x23.52x-.--% 47.83B
-46.27x3.25x9.61x3.29% 41.37B
37.23x3.36x12.07x-.--% 29.99B
55.01x3.36x26.05x-.--% 24.23B
-6.33x8.83x-5.56x-.--% 21.89B
63.91x6.11x41.98x-.--% 19.25B
24.69x5.29x13.78x-.--% 17.14B
-36x17.16x-46.97x-.--% 15.66B
Average 16.28x 7.09x 9.35x 0.42% 32.61B
Weighted average by Cap. 15.65x 6.44x 11.71x 0.6%

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