Company Valuation: Lectra

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 1,584 1,329 1,181 986.2 969.3 859.7 - -
Change - -16.08% -11.13% -16.5% -1.72% -11.3% - -
Enterprise Value (EV) 1 1,592 1,318 1,164 1,007 990.6 916.5 956 937.8
Change - -17.26% -11.65% -13.52% -1.61% -7.48% 4.31% -1.9%
P/E 53.8x 30.3x 35.1x 31.7x 37.5x 33x 25.4x 19x
PBR 3.75x 2.96x 2.88x 2.79x 2.81x 2.41x 2.26x 2.1x
PEG - 0.6x -1.5x -4.03x -2.2x 11.14x 0.9x 0.6x
Capitalization / Revenue 4.09x 2.55x 2.47x 1.87x 1.91x 1.73x 1.64x 1.54x
EV / Revenue 4.11x 2.52x 2.44x 1.91x 1.95x 1.85x 1.82x 1.68x
EV / EBITDA 24.5x 13.4x 14.7x 11.1x 12.4x 12x 10.5x 8.84x
EV / EBIT 35.9x 19.2x 23.7x 18.8x 26x 24.5x 18.9x 14.3x
EV / FCF 32.9x 26.3x 22.2x 12.3x 15.5x 20.4x 15.8x 13.7x
FCF Yield 3.04% 3.8% 4.51% 8.1% 6.43% 4.9% 6.33% 7.31%
Dividend per Share 2 0.36 0.48 0.36 0.4 0.35 0.3496 0.4624 0.606
Rate of return 0.86% 1.36% 1.15% 1.54% 1.37% 1.51% 2% 2.62%
EPS 2 0.78 1.16 0.89 0.82 0.68 0.7002 0.9088 1.218
Distribution rate 46.2% 41.4% 40.4% 48.8% 51.5% 49.9% 50.9% 49.8%
Net sales 1 387.6 521.9 477.6 526.7 506.7 495.7 525.1 557.8
EBITDA 1 65.1 98.4 79 91.1 79.72 76.45 91.35 106
EBIT 1 44.4 68.48 49.05 53.64 38.17 37.48 50.72 65.4
Net income 1 28.2 43.8 32.6 29.6 25.96 27.23 35.38 46.33
Net Debt 1 8.8 -11.36 -16.96 20.58 21.32 56.8 96.3 78.1
Reference price 2 42.00 35.20 31.25 26.00 25.50 23.10 23.10 23.10
Nbr of stocks (in thousands) 37,705 37,755 37,796 37,931 38,011 37,218 - -
Announcement Date 2/9/22 2/8/23 2/14/24 2/12/25 2/11/26 - - -
1EUR in Million2EUR
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
31.64x1.78x11.53x1.58% 960M
23.44x3.81x13.31x2.83% 225B
13.92x1.53x8.06x3.45% 115B
-115.12x18.31x105.89x-.--% 114B
14.56x2.66x10.03x5.64% 85.18B
20.89x5.46x13.41x2.73% 63.33B
14.56x2.12x8.98x5.35% 47.1B
21.18x1.73x10.68x1.43% 40.87B
20.56x1.56x9.88x0.9% 39.42B
17.7x2.23x10.7x4.94% 36.32B
Average 6.33x 4.12x 20.25x 2.88% 76.69B
Weighted average by Cap. -0.87x 5.23x 25.23x 2.89%

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