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 12,790 - -
Change - 25.05% 7.65% 2.72% 6.72% 30.92% - -
Enterprise Value (EV) 1 6,758 7,894 8,860 9,020 9,225 11,558 10,532 9,759
Change - 16.81% 12.22% 1.81% 2.28% 25.28% -8.87% -7.35%
P/E 10.4x 12.9x 14x 26.7x 22.4x 12.8x 13.4x 13.3x
PBR 2.42x - 2.36x 2.22x 2.3x 2.5x 2.12x 1.84x
PEG - 20.02x -13.67x -0.6x 0.8x 0x -3.35x 47.85x
Capitalization / Revenue 2.31x 2.74x 2.85x 2.69x 2.49x 2.81x 2.79x 2.68x
EV / Revenue 2.36x 2.61x 2.83x 2.65x 2.35x 2.54x 2.29x 2.04x
EV / EBITDA 5.8x 5.86x 10.1x 7.52x 6.67x 6.1x 6x 5.6x
EV / EBIT 6.68x 7.08x 8.85x 8.13x 7.13x 7.02x 7.07x 6.56x
EV / FCF 8.31x 9.02x 12.5x 11.6x 8.93x 8.96x 8.66x 7.94x
FCF Yield 12% 11.1% 8.02% 8.59% 11.2% 11.2% 11.5% 12.6%
Dividend per Share 2 1.2 1.2 1.2 1.4 1.4 1.535 1.532 1.655
Rate of return 1.49% 1.19% 1.11% 1.26% 1.18% 0.98% 0.98% 1.06%
EPS 2 7.76 7.81 7.73 4.15 5.32 12.15 11.66 11.69
Distribution rate 15.5% 15.4% 15.5% 33.7% 26.3% 12.6% 13.1% 14.1%
Net sales 1 2,869 3,025 3,128 3,401 3,929 4,553 4,592 4,776
EBITDA 1 1,166 1,348 881.4 1,200 1,383 1,895 1,754 1,744
EBIT 1 1,011 1,115 1,001 1,109 1,294 1,647 1,491 1,488
Net income 1 646.6 647.5 647.2 347.3 444.5 1,011 985.4 981.3
Net Debt 1 137.8 -384.7 -52.9 -134.9 -544.5 -1,233 -2,258 -3,032
Reference price 2 80.50 100.50 107.90 110.70 119.00 156.00 156.00 156.00
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 (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
12.84x2.54x6.1x0.98% 14.81B
33.76x12.18x24.85x0.59% 1,052B
28.96x - - 2.06% 627B
31.84x7.42x15.42x2.75% 441B
19.79x4.7x11.65x2.81% 349B
21.42x5.54x13.77x2.89% 287B
19.89x4.11x11.68x2.14% 241B
26.26x6.84x12.14x2.43% 224B
13.32x4.79x9.96x3.83% 202B
-42.28x6.13x23.96x2.38% 172B
Average 16.58x 6.03x 14.39x 2.29% 361B
Weighted average by Cap. 24.13x 8.01x 17.67x 1.99%

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