Company Valuation: Ipsos

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 1,832 2,598 2,451 1,977 1,478 1,481 - -
Change - 41.8% -5.68% -19.33% -25.22% 0.21% - -
Enterprise Value (EV) 1 2,150 2,598 2,695 2,147 1,837 1,837 1,715 1,582
Change - 20.84% 3.72% -20.34% -14.45% 0.02% -6.63% -7.74%
P/E 10.2x 12.3x 15.8x 9.85x 8.02x 7.44x 6.78x 6.4x
PBR 1.37x 1.75x 1.73x 1.25x 0.94x 0.9x 0.85x 0.78x
PEG - 0.7x -0.7x 0.3x -0.96x 0.7x 0.69x 1.07x
Capitalization / Revenue 0.85x 1.08x 1.03x 0.81x 0.59x 0.58x 0.56x 0.55x
EV / Revenue 1x 1.08x 1.13x 0.88x 0.73x 0.72x 0.65x 0.59x
EV / EBITDA 6.02x 6.45x 6.21x 5.23x 4.47x 4.62x 4.08x 3.6x
EV / EBIT 7.75x 8.26x 8.63x 6.72x 5.94x 6.02x 5.26x 4.62x
EV / FCF 7.11x 9.62x 11.9x 8.01x 8.39x 9.31x 7.82x 6.61x
FCF Yield 14.1% 10.4% 8.37% 12.5% 11.9% 10.7% 12.8% 15.1%
Dividend per Share 2 1.15 1.35 1.65 1.85 2 2.131 2.301 2.447
Rate of return 2.79% 2.31% 2.91% 4.03% 5.84% 6.04% 6.52% 6.93%
EPS 2 4.04 4.74 3.59 4.66 4.27 4.743 5.207 5.519
Distribution rate 28.5% 28.5% 46% 39.7% 46.8% 44.9% 44.2% 44.3%
Net sales 1 2,147 2,405 2,390 2,441 2,525 2,548 2,625 2,704
EBITDA 1 357.2 402.9 434.1 410.7 410.6 397.4 420.8 440.2
EBIT 1 277.4 314.7 312.4 319.5 309.3 305.4 326.2 342.3
Net income 1 183.9 215.2 159.7 204.5 186.6 193.6 217.2 229.7
Net Debt 1 317.8 - 244.3 169.8 358.3 355.5 233.7 101
Reference price 2 41.25 58.50 56.75 45.92 34.26 35.30 35.30 35.30
Nbr of stocks (in thousands) 44,424 44,419 43,186 43,057 43,153 41,968 - -
Announcement Date 2/23/22 2/15/23 2/21/24 2/26/25 2/24/26 - - -
1EUR in Million2EUR
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
7.43x0.72x4.62x6.04% 1.66B
14.65x1.59x7.28x3.89% 28.2B
10.23x1.07x6.19x3.83% 22.68B
13.06x5.73x10.12x6.54% 11.17B
132.74x0.54x89.69x - 6.7B
11.8x0.81x5.11x-.--% 6.28B
16.49x1.37x4.25x2.85% 5.93B
-62.24x1.95x8.19x0% 5.91B
17.63x0.74x4.49x3.72% 5.75B
15.29x0.51x5.19x1.57% 4.18B
Average 17.71x 1.50x 14.51x 3.16% 9.85B
Weighted average by Cap. 16.89x 1.72x 12.40x 3.54%

Y-o-Y evolution of P/E

Valuation ratios - P/E - Ipsos

Historical PBR trend

Valuation ratios - PBR - Ipsos

Evolution Enterprise Value / Sales

Valuation ratios - VE_REV - Ipsos

Change in Enterprise Value/EBITDA

Valuation ratios - VE_EBITDA - Ipsos


Year-on-year evolution of the Yield

Valuation ratios - Yield - Ipsos