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 2,781 - -
Change - -46.24% 57.52% -12.67% 13% -7.13% - -
Enterprise Value (EV) 1 3,510 1,848 2,983 2,819 3,168 2,902 2,808 2,661
Change - -47.37% 61.45% -5.49% 12.37% -8.38% -3.26% -5.25%
P/E 31.7x 15.8x 25x 18.3x 19.9x 16.6x 14.7x 13.3x
PBR 4.95x 2.29x 3.34x 2.54x 2.66x 2.19x 1.93x 1.71x
PEG - 2.06x -72.15x 0.9x 5.23x 1.5x 1.1x 1.3x
Capitalization / Revenue 3.37x 1.58x 2.43x 1.9x 2.04x 1.8x 1.7x 1.62x
EV / Revenue 3.3x 1.52x 2.39x 2.02x 2.16x 1.88x 1.71x 1.55x
EV / EBITDA 16.3x 8.27x 12.8x 9.96x 10.9x 9.35x 8.13x 7.03x
EV / EBIT 20.8x 10.1x 16.1x 12.4x 13.8x 11.5x 10.1x 8.73x
EV / FCF 36.5x 40.7x 50.8x 22.8x 29.7x 40.2x 23x 15.9x
FCF Yield 2.74% 2.46% 1.97% 4.39% 3.37% 2.49% 4.34% 6.3%
Dividend per Share 2 1.25 1.32 1.32 1.45 1.45 1.741 2.057 2.59
Rate of return 0.29% 0.58% 0.37% 0.46% 0.41% 0.52% 0.62% 0.78%
EPS 2 13.4 14.43 14.38 17.34 18 20.04 22.61 24.96
Distribution rate 9.33% 9.15% 9.18% 8.36% 8.06% 8.69% 9.1% 10.4%
Net sales 1 1,064 1,216 1,247 1,397 1,465 1,546 1,640 1,721
EBITDA 1 215.1 223.4 232.8 283 289.5 310.6 345.2 378.3
EBIT 1 168.9 182.8 184.9 227.5 229.7 252.8 277.4 304.8
Net income 1 113.2 122 121.3 145.3 150.9 167 190.2 210.9
Net Debt 1 -73.83 -79.36 -52.36 168.5 172.8 121 26.49 -120.9
Reference price 2 424.50 228.00 359.50 316.50 357.50 332.00 332.00 332.00
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.($)
16.57x1.88x9.35x0.52% 3.18B
11.59x3.9x8.9x2.88% 31.36B
294.12x3.06x15.44x-.--% 12.49B
7.8x1.12x4.14x3.36% 3.84B
52.07x - - 0.69% 1.98B
28.9x3.48x12.51x-.--% 1.66B
13.44x1.27x7.53x1.44% 1.35B
16.12x2.03x9.39x1.91% 1.05B
14.95x1.06x5.02x1.31% 941M
31.25x - - 0.48% 940M
Average 48.68x 2.22x 9.03x 1.26% 5.88B
Weighted average by Cap. 73.95x 3.25x 10.08x 1.9%

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