Company Valuation: Ipsen

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 6,621 8,279 8,912 9,155 9,770 13,422 - -
Change - 25.05% 7.65% 2.72% 6.72% 37.38% - -
Enterprise Value (EV) 1 6,758 7,894 8,860 9,020 9,225 12,077 11,075 10,288
Change - 16.81% 12.22% 1.81% 2.28% 30.91% -8.29% -7.11%
P/E 10.4x 12.9x 14x 26.7x 22.4x 14.9x 14.5x 14.4x
PBR 2.42x - 2.36x 2.22x 2.3x 2.68x 2.28x 1.97x
PEG - 20.02x -13.67x -0.6x 0.8x 0x 5.88x 21.06x
Capitalization / Revenue 2.31x 2.74x 2.85x 2.69x 2.49x 3.11x 2.96x 2.83x
EV / Revenue 2.36x 2.61x 2.83x 2.65x 2.35x 2.8x 2.45x 2.17x
EV / EBITDA 5.8x 5.86x 10.1x 7.52x 6.67x 7.21x 6.59x 6.17x
EV / EBIT 6.68x 7.08x 8.85x 8.13x 7.13x 8.3x 7.53x 7.01x
EV / FCF 8.31x 9.02x 12.5x 11.6x 8.93x 10.2x 9.31x 8.5x
FCF Yield 12% 11.1% 8.02% 8.59% 11.2% 9.76% 10.7% 11.8%
Dividend per Share 2 1.2 1.2 1.2 1.4 1.4 1.518 1.532 1.663
Rate of return 1.49% 1.19% 1.11% 1.26% 1.18% 0.93% 0.94% 1.02%
EPS 2 7.76 7.81 7.73 4.15 5.32 10.99 11.26 11.34
Distribution rate 15.5% 15.4% 15.5% 33.7% 26.3% 13.8% 13.6% 14.7%
Net sales 1 2,869 3,025 3,128 3,401 3,929 4,311 4,527 4,743
EBITDA 1 1,166 1,348 881.4 1,200 1,383 1,675 1,681 1,667
EBIT 1 1,011 1,115 1,001 1,109 1,294 1,456 1,470 1,469
Net income 1 646.6 647.5 647.2 347.3 444.5 939.6 953.7 955
Net Debt 1 137.8 -384.7 -52.9 -134.9 -544.5 -1,345 -2,347 -3,134
Reference price 2 80.50 100.50 107.90 110.70 119.00 163.70 163.70 163.70
Nbr of stocks (in thousands) 82,243 82,380 82,599 82,700 82,100 81,990 - -
Announcement Date 2/11/22 2/9/23 2/8/24 2/13/25 2/12/26 - - -
1EUR in Million2EUR
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
14.6x2.74x7.05x0.95% 14.99B
36.25x12.94x27.18x0.55% 1,089B
28.59x6.53x18.09x2.01% 643B
33.13x7.75x15.94x2.61% 465B
20.2x4.86x12.04x2.72% 359B
22.65x5.84x14.57x2.74% 303B
22.03x4.53x12.8x1.93% 267B
14.79x5.48x11.3x3.38% 226B
25.81x6.73x11.86x2.57% 212B
-48.4x5.8x32.01x2.45% 167B
Average 16.97x 6.32x 16.29x 2.19% 374.61B
Weighted average by Cap. 25.15x 8.09x 19.04x 1.91%

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