Company Valuation: Rubis

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 2,690 2,531 2,320 2,461 3,307 3,636 - -
Change - -5.89% -8.35% 6.11% 34.34% 9.96% - -
Enterprise Value (EV) 1 3,128 3,817 3,680 3,753 4,473 5,176 5,233 5,292
Change - 22.05% -3.6% 2% 19.16% 15.73% 1.1% 1.13%
P/E 9.18x 9.65x 6.58x 7.24x 10.8x 10.4x 10.1x 9.71x
PBR 1.03x 0.93x 0.88x 0.87x - 1.21x 1.16x 1.11x
PEG - -0.9x 0.2x -2.06x -1.11x 0.8x 3.42x 2.56x
Capitalization / Revenue 0.59x 0.35x 0.35x 0.37x 0.51x 0.47x 0.48x 0.47x
EV / Revenue 0.68x 0.53x 0.56x 0.56x 0.68x 0.67x 0.7x 0.68x
EV / EBITDA 5.88x 5.7x 4.61x 5.21x 6.04x 6.6x 6.39x 6.26x
EV / EBIT 7.98x 7.5x 5.92x 7.45x 9.19x 9.41x 9.48x 9.28x
EV / FCF 35.2x 22.7x 13.2x 8.99x 12.5x 27.4x 28.3x 29.9x
FCF Yield 2.84% 4.41% 7.59% 11.1% 8.02% 3.65% 3.53% 3.34%
Dividend per Share 2 1.86 1.92 1.98 2.03 2.07 2.165 2.251 2.357
Rate of return 7.08% 7.8% 8.8% 8.5% 6.46% 6.15% 6.4% 6.7%
EPS 2 2.86 2.55 3.42 3.3 2.98 3.389 3.49 3.622
Distribution rate 65% 75.3% 57.9% 61.5% 69.5% 63.9% 64.5% 65.1%
Net sales 1 4,589 7,135 6,630 6,644 6,534 7,763 7,498 7,781
EBITDA 1 532 669.5 797.9 721 740.8 784.4 818.6 844.7
EBIT 1 392 509 621.4 503.8 486.5 550 551.8 570.3
Net income 1 293 262.9 353.7 342.3 308.8 348.1 358.9 371.2
Net Debt 1 438 1,286 1,360 1,292 1,166 1,540 1,597 1,656
Reference price 2 26.26 24.60 22.50 23.88 32.06 35.18 35.18 35.18
Nbr of stocks (in thousands) 102,419 102,888 103,101 103,077 103,139 103,356 - -
Announcement Date 3/10/22 3/16/23 3/7/24 3/13/25 3/12/26 - - -
1EUR in Million2EUR
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
10.2x0.66x6.52x6.26% 4.07B
16.27x0.37x7.69x5.74% 4.76B
16.67x0.19x7.05x3.51% 4.45B
6.83x0.31x6.63x8.59% 3.65B
12.11x0.05x5.25x2.5% 1.82B
10.42x0.48x6.42x7.37% 1.62B
7.88x0.43x6.05x3.85% 1.6B
15.83x - - 2.77% 1.12B
Average 12.03x 0.35x 6.52x 5.07% 2.89B
Weighted average by Cap. 12.44x 0.36x 6.75x 5.44%

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