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 46,258 - -
Change - -26.25% 7.12% 143.6% 24.32% 2.04% - -
Enterprise Value (EV) 1 19,807 15,973 17,146 37,918 45,326 46,016 43,935 41,400
Change - -19.36% 7.34% 121.15% 19.54% 1.52% -4.52% -5.77%
P/E 17.9x 33.4x 44.8x 34.3x 29.1x 26x 20.7x 16.6x
PBR 2.32x 1.58x 1.67x 3.64x 4.18x 3.94x 3.38x 2.78x
PEG - -0.6x -2.2x 0x 0.6x 1.9x 0.8x 0.7x
Capitalization / Revenue 3.28x 2.53x 2.85x 5.93x 5.86x 5.41x 4.8x 4.3x
EV / Revenue 3.43x 2.9x 3.26x 6.16x 5.86x 5.39x 4.56x 3.85x
EV / EBITDA 12.1x 12.7x 12.7x 25.7x 17.2x 15.8x 12.2x 9.68x
EV / EBIT 15x 23.7x 26.1x 45.4x 22.6x 19.6x 14.9x 11.3x
EV / FCF 15.6x 18.4x 38.5x 41.2x 24.6x 23.3x 16.9x 13.2x
FCF Yield 6.42% 5.43% 2.6% 2.43% 4.06% 4.29% 5.93% 7.55%
Dividend per Share 2 1.3 1.33 1.36 1.39 1.45 1.465 1.505 1.538
Rate of return 1.3% 1.81% 1.72% 0.72% 0.61% 0.6% 0.62% 0.63%
EPS 2 5.6 2.2 1.76 5.61 8.2 9.334 11.76 14.66
Distribution rate 23.2% 60.5% 77.3% 24.8% 17.7% 15.7% 12.8% 10.5%
Net sales 1 5,777 5,517 5,252 6,152 7,741 8,543 9,644 10,756
EBITDA 1 1,641 1,260 1,349 1,476 2,636 2,907 3,599 4,278
EBIT 1 1,318 675 657 836 2,009 2,345 2,957 3,666
Net income 1 1,058 418 343 1,065 1,558 1,770 2,277 2,835
Net Debt 1 860 2,000 2,177 1,454 -7 -242.2 -2,323 -4,858
Reference price 2 100.35 73.56 78.90 192.20 238.60 243.00 243.00 243.00
Nbr of stocks (in thousands) 188,812 189,959 189,721 189,720 189,996 190,361 - -
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.($)
17.15x3.68x9.49x0.6% 66.25B
33.98x11.48x21.98x-.--% 43.01B
-44.33x3.15x9.3x3.45% 39.52B
24.04x3.43x11.65x-.--% 29.19B
55.87x3.21x26.87x-.--% 23.13B
-6.71x9.37x-5.77x-.--% 23.04B
66.64x6.57x45.21x-.--% 20.48B
24.35x5.21x13.64x-.--% 16.6B
-37.32x17.71x-48.48x-.--% 16.2B
Average 14.85x 7.09x 9.32x 0.45% 30.83B
Weighted average by Cap. 13.88x 6.34x 11.31x 0.64%

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