Valuation Virbac

Equities

Market Closed - Euronext Paris Other stock markets 11:35:27 2025-06-13 am EDT			5-day change	1st Jan Change
318.00 ^EUR	-0.31%		-2.30%	+0.47%

Apr. 16	VIRBAC : Decent Q1; Clarity on US tariff exposure was a key takeaway
Apr. 16	VIRBAC : Stifel still buying after Q1 results	CF

Data adjusted to current consolidation scope

Fiscal Period: December	2020	2021	2022	2023	2024	2025	2026	2027
Capitalization ¹	2,008	3,584	1,927	3,035	2,651	2,663	-	-
Change	-	78.52%	-46.24%	57.52%	-12.67%	0.47%	-	-
Enterprise Value (EV) ¹	1,917	3,510	1,848	2,983	2,819	2,767	2,681	2,595
Change	-	83.07%	-47.37%	61.45%	-5.49%	-1.84%	-3.11%	-3.21%
P/E ratio	14.6x	31.7x	15.8x	25x	18.3x	16.8x	15x	13.4x
PBR	3.22x	4.95x	2.29x	3.34x	2.54x	2.25x	1.99x	1.77x
PEG	-	-1.8x	2.06x	-72.15x	0.9x	1.77x	1.3x	1.1x
Capitalization / Revenue	2.15x	3.37x	1.58x	2.43x	1.9x	1.8x	1.71x	1.62x
EV / Revenue	2.05x	3.3x	1.52x	2.39x	2.02x	1.87x	1.72x	1.58x
EV / EBITDA	11.3x	16.3x	8.27x	12.8x	9.96x	9.38x	8.28x	7.25x
EV / EBIT	15.9x	20.8x	10.1x	16.1x	12.4x	11.7x	10.4x	9.09x
EV / FCF	21.3x	36.5x	40.7x	50.8x	22.8x	30.2x	22.4x	18.3x
FCF Yield	4.69%	2.74%	2.46%	1.97%	4.39%	3.31%	4.47%	5.48%
Dividend per Share ²	0.75	1.25	1.32	1.32	1.45	1.609	1.75	2.372
Rate of return	0.32%	0.29%	0.58%	0.37%	0.46%	0.51%	0.55%	0.75%
EPS ²	16.29	13.4	14.43	14.38	17.34	18.98	21.25	23.75
Distribution rate	4.6%	9.33%	9.15%	9.18%	8.36%	8.47%	8.24%	9.99%
Net sales ¹	934.2	1,064	1,216	1,247	1,397	1,483	1,559	1,646
EBITDA ¹	169.1	215.1	223.4	232.8	283	294.9	323.7	357.8
EBIT ¹	120.5	168.9	182.8	184.9	227.5	235.6	258.9	285.4
Net income ¹	137.5	113.2	122	121.3	145.3	161.6	179.2	197.8
Net Debt ¹	-90.22	-73.83	-79.36	-52.36	168.5	104.1	18.13	-67.9
Reference price ²	238.00	424.50	228.00	359.50	316.50	318.00	318.00	318.00
Nbr of stocks (in thousands)	8,436	8,443	8,451	8,443	8,375	8,375	-	-
Announcement Date	3/17/21	3/22/22	3/23/23	3/19/24	3/13/25	-	-	-

¹EUR in Million²EUR

Estimates

Add to a list 0 selected To use this feature you must be a member Log in Sign up	P/E (Y)	EV / Sales (Y)	EV / EBITDA (Y)	Dividend Yield (Y)	Capi.($)
VIRBAC	16.75x	1.87x	9.38x	0.51%	3.08B
ZOETIS INC.	27.56x	8.19x	18.58x	1.21%	73.16B
ELANCO ANIMAL HEALTH INCORPORATED	-986.43x	2.3x	12.06x	-.--%	6.86B
BLUESTAR ADISSEO COMPANY	20.06x	1.6x	8.43x	1.97%	3.6B
VIMIAN GROUP AB	43.55x	4.73x	16.75x	-.--%	2.18B
TIANJIN RINGPU BIO-TECHNOLOGY CO.,LTD.	21.08x	2.73x	11.8x	2.19%	1.29B
WUHAN KEQIAN BIOLOGY CO.,LTD	17.01x	-	-	3.01%	1.05B
CHINA ANIMAL HUSBANDRY INDUSTRY CO., LTD.	27.68x	-	-	1.59%	984M
VETOQUINOL SA	14.04x	1.09x	5.54x	1.35%	968M
PHIBRO ANIMAL HEALTH CORPORATION	21.18x	1.13x	7.32x	2.01%	970M
Average	-77.75x	2.95x	11.23x	1.38%	9.41B
Weighted average by Cap.	-47.00x	6.97x	17.00x	1.14%