Company Valuation: Valneva SE

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 2,574 861.1 655.1 351.1 642.3 548.1 - -
Change - -66.55% -23.93% -46.4% 82.94% -14.67% - -
Enterprise Value (EV) 1 2,286 670.5 737.8 399.1 739.9 681.8 610.6 599.8
Change - -70.66% 10.04% -45.9% 85.38% -7.86% -10.45% -1.76%
P/E -32.7x -5.02x -6.47x -27x -5.47x -6.63x 10.5x 13.9x
PBR 15.1x - 5.1x 1.94x 6.07x 10.2x 4.29x 3.16x
PEG - -0.1x 0.2x 0.3x -0x 0.2x -0x -0.6x
Capitalization / Revenue 7.4x 2.38x 4.26x 2.07x 3.68x 3.63x 1.93x 2.21x
EV / Revenue 6.57x 1.86x 4.8x 2.35x 4.24x 4.52x 2.15x 2.41x
EV / EBITDA -48.5x -9.69x -11.3x 12.1x -12.5x -20.3x 5.89x 11.2x
EV / EBIT -37.2x -5.91x -8.99x 29.9x -9.12x -11.8x 7.9x 11.2x
EV / FCF -140x -2.44x -3.4x -4.92x -12.9x -14.5x 6.65x 78.6x
FCF Yield -0.71% -41% -29.4% -20.3% -7.75% -6.88% 15% 1.27%
Dividend per Share 2 - - - - - - - -
Rate of return - - - - - - - -
EPS 2 -0.75 -1.24 -0.73 -0.08 -0.68 -0.4357 0.2762 0.2083
Distribution rate - - - - - - - -
Net sales 1 348.1 361.3 153.7 169.6 174.7 151 283.4 248.4
EBITDA 1 -47.1 -69.2 -65.24 32.92 -59.42 -33.62 103.7 53.7
EBIT 1 -61.4 -113.4 -82.09 13.33 -81.16 -57.79 77.25 53.6
Net income 1 -73.4 -143.3 -101.4 -12.25 -115.2 -81.11 53.07 28.74
Net Debt 1 -288.9 -190.6 82.74 48.04 97.6 133.7 62.48 51.7
Reference price 2 24.500 6.224 4.720 2.162 3.718 2.890 2.890 2.890
Nbr of stocks (in thousands) 105,078 138,355 138,788 162,397 172,759 189,647 - -
Announcement Date 2/3/22 3/23/23 3/21/24 3/20/25 3/17/26 - - -
1EUR in Million2EUR
Estimates

P/E, Detailed evolution



P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
-6.63x4.52x-20.28x-.--% 637M
32.76x5.88x17.63x0.99% 48.41B
-21.5x245.64x-23.19x-.--% 45.01B
34.48x3.33x14.35x-.--% 44.07B
46.93x5.43x29.72x-.--% 40.73B
28.26x8.5x21.55x0.4% 33.21B
33.62x5.51x25.02x-.--% 16.5B
23.87x2.08x9x1.13% 14.45B
77.18x4.06x15.75x-.--% 13.77B
Average 27.66x 31.66x 9.95x 0.28% 28.53B
Weighted average by Cap. 27.05x 47.40x 12.13x 0.3%

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

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  4. Valuation Valneva SE
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