Company Valuation: Virbac

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 3,584 1,927 3,035 2,651 2,995 2,865 - -
Change - -46.24% 57.52% -12.67% 13% -4.34% - -
Enterprise Value (EV) 1 3,510 1,848 2,983 2,819 3,168 2,986 2,892 2,744
Change - -47.37% 61.45% -5.49% 12.37% -5.73% -3.16% -5.1%
P/E 31.7x 15.8x 25x 18.3x 19.9x 17x 15.2x 13.8x
PBR 4.95x 2.29x 3.34x 2.54x 2.66x 2.23x 1.96x 1.76x
PEG - 2.06x -72.15x 0.9x 5.23x 1.5x 1.3x 1.3x
Capitalization / Revenue 3.37x 1.58x 2.43x 1.9x 2.04x 1.85x 1.75x 1.67x
EV / Revenue 3.3x 1.52x 2.39x 2.02x 2.16x 1.93x 1.76x 1.6x
EV / EBITDA 16.3x 8.27x 12.8x 9.96x 10.9x 9.61x 8.38x 7.29x
EV / EBIT 20.8x 10.1x 16.1x 12.4x 13.8x 11.8x 10.4x 9.1x
EV / FCF 36.5x 40.7x 50.8x 22.8x 29.7x 41.4x 23.7x 16.4x
FCF Yield 2.74% 2.46% 1.97% 4.39% 3.37% 2.42% 4.22% 6.11%
Dividend per Share 2 1.25 1.32 1.32 1.45 1.45 1.741 2.057 2.638
Rate of return 0.29% 0.58% 0.37% 0.46% 0.41% 0.51% 0.6% 0.77%
EPS 2 13.4 14.43 14.38 17.34 18 20.07 22.5 24.8
Distribution rate 9.33% 9.15% 9.18% 8.36% 8.06% 8.67% 9.14% 10.6%
Net sales 1 1,064 1,216 1,247 1,397 1,465 1,546 1,640 1,715
EBITDA 1 215.1 223.4 232.8 283 289.5 310.6 345.2 376.6
EBIT 1 168.9 182.8 184.9 227.5 229.7 252.8 277.4 301.6
Net income 1 113.2 122 121.3 145.3 150.9 167 190.2 209.6
Net Debt 1 -73.83 -79.36 -52.36 168.5 172.8 121 26.49 -120.9
Reference price 2 424.50 228.00 359.50 316.50 357.50 342.00 342.00 342.00
Nbr of stocks (in thousands) 8,443 8,451 8,443 8,375 8,378 8,378 - -
Announcement Date 3/22/22 3/23/23 3/19/24 3/13/25 3/17/26 - - -
1EUR in Million2EUR
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
11.79x3.95x9.01x2.85% 31.9B
289.06x3.02x15.23x-.--% 12.27B
8.13x1.17x4.33x3.23% 4B
48.39x - - 0.74% 1.84B
27.98x3.38x12.15x-.--% 1.6B
12.8x1.22x7.28x1.51% 1.29B
14.73x1.87x8.63x2.09% 960M
15.29x1.09x5.19x1.28% 960M
29.7x - - 0.51% 892M
Average 50.87x 2.24x 8.83x 1.36% 6.19B
Weighted average by Cap. 74.70x 3.35x 10.07x 1.99%

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