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 55,540 - -
Change - -26.25% 7.12% 143.6% 24.32% 22.52% - -
Enterprise Value (EV) 1 19,807 15,973 17,146 37,918 45,326 55,662 53,326 50,581
Change - -19.36% 7.34% 121.15% 19.54% 22.8% -4.2% -5.15%
P/E 17.9x 33.4x 44.8x 34.3x 29.1x 24.8x 21.6x 18.2x
PBR 2.32x 1.58x 1.67x 3.64x 4.18x 4.46x 3.85x 3.14x
PEG - -0.6x -2.2x 0x 0.6x 0.6x 1.5x 1x
Capitalization / Revenue 3.28x 2.53x 2.85x 5.93x 5.86x 6.14x 5.53x 4.99x
EV / Revenue 3.43x 2.9x 3.26x 6.16x 5.86x 6.15x 5.31x 4.55x
EV / EBITDA 12.1x 12.7x 12.7x 25.7x 17.2x 16.2x 13.5x 11.1x
EV / EBIT 15x 23.7x 26.1x 45.4x 22.6x 19.6x 16.3x 12.9x
EV / FCF 15.6x 18.4x 38.5x 41.2x 24.6x 24.4x 18.4x 14.9x
FCF Yield 6.42% 5.43% 2.6% 2.43% 4.06% 4.09% 5.44% 6.7%
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% 0.5% 0.52% 0.53%
EPS 2 5.6 2.2 1.76 5.61 8.2 11.74 13.47 15.99
Distribution rate 23.2% 60.5% 77.3% 24.8% 17.7% 12.4% 11.2% 9.59%
Net sales 1 5,777 5,517 5,252 6,152 7,741 9,051 10,049 11,122
EBITDA 1 1,641 1,260 1,349 1,476 2,636 3,441 3,962 4,571
EBIT 1 1,318 675 657 836 2,009 2,847 3,280 3,907
Net income 1 1,058 418 343 1,065 1,558 2,273 2,590 3,056
Net Debt 1 860 2,000 2,177 1,454 -7 121.9 -2,214 -4,959
Reference price 2 100.35 73.56 78.90 192.20 238.60 291.30 291.30 291.30
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 (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
25.09x6.22x16.35x0.49% 62.61B
41.91x14.16x30.08x0.48% 1,276B
41.09x6.89x19.39x1.9% 676B
37.85x8.58x17.73x2.35% 519B
21.6x5.24x13.12x2.49% 388B
105.09x5.99x25.53x2.29% 365B
23.85x5.92x14.34x2.69% 307B
24.15x4.85x13.63x1.8% 287B
24x7.37x13.6x2.17% 252B
-40.15x7.43x46.76x1.93% 212B
Average 30.45x 7.27x 21.05x 1.86% 435B
Weighted average by Cap. 37.06x 8.85x 22.50x 1.67%

Y-o-Y evolution of P/E

Valuation ratios - P/E - UCB

Historical PBR trend

Valuation ratios - PBR - UCB

Evolution Enterprise Value / Sales

Valuation ratios - VE_REV - UCB

Change in Enterprise Value/EBITDA

Valuation ratios - VE_EBITDA - UCB


Year-on-year evolution of the Yield

Valuation ratios - Yield - UCB