Company Valuation: Eramet

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Capitalization 1 2,064 2,227 2,041 1,541 1,635 1,442 - -
Change - 7.91% -8.36% -24.51% 6.12% -11.79% - -
Enterprise Value (EV) 1 3,000 2,571 2,655 2,838 1,635 3,107 3,385 3,092
Change - -14.3% 3.26% 6.89% -42.38% 90.05% 8.94% -8.65%
P/E ratio 6.9x 3.25x 18.9x 108x -3.46x -7.9x 52.7x 26.6x
PBR 1.89x 1.37x 1.29x 1.07x - 1.76x 1.4x 1.37x
PEG - 0x -0.2x -1.2x 0x 0.1x -0x 0.3x
Capitalization / Revenue 0.56x 0.44x 0.63x 0.53x 0.59x 0.45x 0.39x 0.41x
EV / Revenue 0.82x 0.51x 0.82x 0.97x 0.59x 0.98x 0.91x 0.87x
EV / EBITDA 2.85x 1.66x 7.65x 7.65x 4.39x 6.29x 4.92x 4.55x
EV / EBIT 3.83x 2.01x 20.9x 29.3x 149x 14x 9.22x 8.08x
EV / FCF 7.48x 4.39x -5.71x -3.9x - -14.2x -98.1x 47.8x
FCF Yield 13.4% 22.8% -17.5% -25.6% - -7.06% -1.02% 2.09%
Dividend per Share 2 2.5 3.5 1.5 1.5 - - 1.33 1.5
Rate of return 3.47% 4.17% 2.1% 2.77% - - 2.63% 2.96%
EPS 2 10.42 25.81 3.79 0.5 -16.67 -6.408 0.9595 1.905
Distribution rate 24% 13.6% 39.6% 300% - - 139% 78.7%
Net sales 1 3,668 5,014 3,251 2,933 2,753 3,176 3,737 3,537
EBITDA 1 1,051 1,553 347 371 372 493.8 687.6 680.2
EBIT 1 784 1,280 127 97 11 221.3 367.2 382.5
Net income 1 298 740 109 14 -477 -180.3 28.78 80.25
Net Debt 1 936 344 614 1,297 - 1,665 1,943 1,650
Reference price 2 71.95 83.85 71.50 54.15 57.65 50.60 50.60 50.60
Nbr of stocks (in thousands) 28,683 26,558 28,542 28,451 28,359 28,502 - -
Announcement Date 2/23/22 2/22/23 2/21/24 2/19/25 2/18/26 - - -
1EUR in Million2EUR
Estimates

P/E ratio, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
-7.9x0.98x6.29x-.--% 1.69B
14.85x3.61x6.45x3.86% 195B
11.98x2.93x6.29x4.87% 169B
20.41x5.16x9.42x2.53% 92.95B
15.01x0.45x6.34x2.5% 88.9B
25.37x7.35x16.26x0.04% 74.56B
27.07x2.82x7.5x1.37% 50.54B
30.25x7.68x12.93x2.19% 34.93B
14.45x2.12x6.52x4.86% 31.39B
20.99x3.34x7.35x0.64% 28.06B
Average 17.25x 3.64x 8.53x 2.29% 76.66B
Weighted average by Cap. 17.60x 3.70x 8.12x 3.07%

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