Company Valuation: IDEXX Laboratories, Inc.

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 55,833 33,786 46,098 33,854 54,022 41,676 - -
Change - -39.49% 36.44% -26.56% 59.57% -22.85% - -
Enterprise Value (EV) 1 56,612 35,022 46,592 34,434 54,690 42,044 41,579 40,779
Change - -38.14% 33.04% -26.09% 58.83% -23.12% -1.11% -1.92%
P/E 76.6x 50.8x 55.2x 38.7x 51.7x 35.8x 31.7x 28x
PBR 82.6x 55.6x 31x 21.6x 34.1x 21x 15.6x 11.4x
PEG - -7.66x 2.2x 6.38x 2.3x 2.8x 2.4x 2.1x
Capitalization / Revenue 17.4x 10x 12.6x 8.69x 12.6x 8.83x 8.11x 7.43x
EV / Revenue 17.6x 10.4x 12.7x 8.83x 12.7x 8.9x 8.09x 7.27x
EV / EBITDA 54.6x 34.7x 38.4x 28.1x 36.3x 24.9x 22.4x 19.8x
EV / EBIT 60.7x 39x 42.5x 30.5x 40.2x 27.6x 24.6x 21.6x
EV / FCF 89x 88.9x 60.3x 42.6x 51.7x 35.9x 31.7x 27.7x
FCF Yield 1.12% 1.13% 1.66% 2.35% 1.93% 2.79% 3.15% 3.61%
Dividend per Share 2 - - - - - - - -
Rate of return - - - - - - - -
EPS 2 8.6 8.03 10.06 10.67 13.08 14.77 16.69 18.91
Distribution rate - - - - - - - -
Net sales 1 3,215 3,367 3,661 3,898 4,304 4,722 5,139 5,606
EBITDA 1 1,037 1,011 1,212 1,225 1,505 1,686 1,858 2,061
EBIT 1 932 898.8 1,097 1,128 1,360 1,526 1,692 1,888
Net income 1 744.8 679.1 845 887.9 1,059 1,178 1,313 1,470
Net Debt 1 779.2 1,236 493.9 579.3 667.8 368 -97.34 -896.8
Reference price 2 658.46 407.96 555.05 413.44 676.53 529.01 529.01 529.01
Nbr of stocks (in thousands) 84,794 82,817 83,052 81,885 79,851 78,781 - -
Announcement Date 2/2/22 2/6/23 2/5/24 2/3/25 2/2/26 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
35.83x8.9x24.94x-.--% 41.68B
30.38x4.03x15.56x2.5% 178B
20.17x3.63x13.01x2.99% 121B
21.93x4.3x15.02x1.28% 108B
26.23x2.58x10.35x2.73% 75.7B
18.44x0.21x13.38x0.71% 64.15B
30.93x7.69x19.79x1.29% 53.49B
36.4x3.49x11.96x2.08% 51.45B
33.54x5.88x18.45x-.--% 31.5B
48.27x1.33x12.29x0.2% 31.52B
Average 30.21x 4.20x 15.48x 1.38% 75.62B
Weighted average by Cap. 27.74x 3.99x 14.93x 1.82%

Y-o-Y evolution of P/E

Valuation ratios - P/E - IDEXX Laboratories, Inc.

Historical PBR trend

Valuation ratios - PBR - IDEXX Laboratories, Inc.

Evolution Enterprise Value / Sales

Valuation ratios - VE_REV - IDEXX Laboratories, Inc.

Change in Enterprise Value/EBITDA

Valuation ratios - VE_EBITDA - IDEXX Laboratories, Inc.


Year-on-year evolution of the Yield

Valuation ratios - Yield - IDEXX Laboratories, Inc.
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