Company Valuation: Wendel

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 4,603 3,782 3,508 3,953 3,494 3,351 - -
Change - -17.84% -7.24% 12.67% -11.6% -4.09% - -
Enterprise Value (EV) 1 8,306 6,581 7,220 6,714 6,342 6,730 6,889 6,981
Change - -20.77% 9.71% -7.01% -5.53% 6.11% 2.36% 1.34%
P/E 4.43x 5.84x 25.2x 13.7x -23x 31.5x 29x 26.8x
PBR 1.77x 1.36x 1.3x 1.22x 0.99x 0.91x 0.92x 0.93x
PEG - -0.2x -0.3x 0x 0x -0x 3.35x 3.26x
Capitalization / Revenue 0.61x 0.43x 0.49x 0.49x 0.46x 0.43x 0.42x 0.41x
EV / Revenue 1.11x 0.76x 1.01x 0.83x 0.84x 0.87x 0.86x 0.84x
EV / EBITDA 6.07x 4.05x 4.15x 3.24x 3.47x 4.72x 4.67x 4.6x
EV / EBIT 7.74x 5.26x 6.31x 5.06x 5.16x 7.46x 7.21x 6.92x
EV / FCF 7.07x 5.38x 6.11x 4.84x 4.26x 7.84x 7.91x 7.88x
FCF Yield 14.1% 18.6% 16.4% 20.7% 23.4% 12.7% 12.6% 12.7%
Dividend per Share 2 2.9 3.2 4 4.7 5.1 5.605 6.044 6.605
Rate of return 2.75% 3.67% 4.96% 5.06% 6.2% 6.68% 7.21% 7.88%
EPS 2 23.78 14.93 3.2 6.766 -3.58 2.662 2.892 3.13
Distribution rate 12.2% 21.4% 125% 69.5% -142% 211% 209% 211%
Net sales 1 7,504 8,700 7,128 8,064 7,568 7,743 8,026 8,263
EBITDA 1 1,368 1,626 1,738 2,072 1,826 1,424 1,476 1,517
EBIT 1 1,073 1,251 1,144 1,327 1,230 902.3 955.1 1,009
Net income 1 1,047 656.3 142.4 293.9 -151.8 116.1 126.2 136.7
Net Debt 1 3,703 2,799 3,712 2,761 2,848 3,378 3,537 3,630
Reference price 2 105.40 87.20 80.65 92.95 82.20 83.85 83.85 83.85
Nbr of stocks (in thousands) 43,671 43,369 43,497 42,524 42,508 38,879 - -
Announcement Date 3/18/22 3/16/23 2/28/24 2/26/25 2/26/26 - - -
1EUR in Million2EUR
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
21.23x7.39x14.17x4.04% 102B
19.91x13.45x23.94x0.77% 91.06B
21.94x - - 4.24% 28.89B
12.35x4.81x9.55x5.02% 21.88B
18.4x1.84x6.53x3.87% 17.2B
14.69x4.73x12.95x3.06% 16.57B
14.3x9.32x - 10.23% 13.47B
35.56x20.31x27.82x - 12.57B
Average 19.80x 8.84x 15.83x 4.46% 37.98B
Weighted average by Cap. 20.03x 9.37x 17.26x 3.33%

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