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 1,181 986.2 969.3 822.5 - -
Change - -16.08% -11.13% -16.5% -1.72% -15.14% - -
Enterprise Value (EV) 1 1,592 1,318 1,164 1,007 990.6 879.3 918.8 900.6
Change - -17.26% -11.65% -13.52% -1.61% -11.24% 4.49% -1.98%
P/E 53.8x 30.3x 35.1x 31.7x 37.5x 31.6x 24.3x 18.2x
PBR 3.75x 2.96x 2.88x 2.79x 2.81x 2.3x 2.17x 2.01x
PEG - 0.6x -1.5x -4.03x -2.2x 10.66x 0.8x 0.5x
Capitalization / Revenue 4.09x 2.55x 2.47x 1.87x 1.91x 1.66x 1.57x 1.47x
EV / Revenue 4.11x 2.52x 2.44x 1.91x 1.95x 1.77x 1.75x 1.61x
EV / EBITDA 24.5x 13.4x 14.7x 11.1x 12.4x 11.5x 10.1x 8.49x
EV / EBIT 35.9x 19.2x 23.7x 18.8x 26x 23.5x 18.1x 13.8x
EV / FCF 32.9x 26.3x 22.2x 12.3x 15.5x 19.6x 15.2x 13.1x
FCF Yield 3.04% 3.8% 4.51% 8.1% 6.43% 5.11% 6.58% 7.61%
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% 1.58% 2.09% 2.74%
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 22.10 22.10 22.10
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 (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
31.56x1.77x11.5x1.58% 956M
23.04x3.76x13.12x2.88% 221B
14.35x1.58x8.31x3.34% 118B
-138.31x19.18x105.02x-.--% 124B
15.02x2.75x10.36x5.47% 88.8B
20.94x5.47x13.44x2.72% 63.25B
14.81x2.16x9.15x5.26% 48.42B
21.37x1.74x10.86x1.37% 42.31B
20.81x1.57x10.09x0.91% 40.31B
18.21x2.33x10.94x4.8% 37.76B
Average 4.18x 4.23x 20.28x 2.83% 78.47B
Weighted average by Cap. -5.68x 5.49x 25.95x 2.83%

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