Valuation Wavestone

Equities

Market Closed - Euronext Paris Other stock markets 11:55:00 2026-01-23 am EST			5-day change	1st Jan Change
61.30 ^EUR	+2.00%		+0.82%	+10.25%

Jan. 14	Wavestone Rises as Portzamparc Deems Revaluation Well-Deserved
Dec. 14	Tranche Update on Wavestone SA's Equity Buyback Plan announced on July 26, 2024.	CI

Data adjusted to current consolidation scope

Fiscal Period: March	2021	2022	2023	2024	2025	2026	2027	2028
Capitalization ¹	685.9	920.8	886.8	1,378	1,192	1,505	-	-
Change	-	34.24%	-3.69%	55.4%	-13.53%	26.31%	-	-
Enterprise Value (EV) ¹	654.1	860.5	859.7	1,359	1,166	1,433	1,366	1,286
Change	-	31.55%	-0.09%	58.06%	-14.18%	22.86%	-4.67%	-5.86%
P/E ratio	27.1x	18x	17.7x	20.7x	15.7x	18.3x	16.3x	14.3x
PBR	3.33x	3.58x	2.96x	2.11x	1.88x	2.23x	2.04x	1.83x
PEG	-	0x	-11.28x	2.6x	1.1x	2.24x	1.3x	1x
Capitalization / Revenue	1.64x	1.96x	1.67x	1.97x	1.26x	1.57x	1.52x	1.44x
EV / Revenue	1.57x	1.83x	1.62x	1.94x	1.24x	1.5x	1.38x	1.23x
EV / EBITDA	10.4x	10.6x	10.4x	12.4x	8.97x	10.6x	9.24x	7.73x
EV / EBIT	12.3x	11.5x	11.2x	13.4x	9.79x	11.6x	10x	8.34x
EV / FCF	9.33x	15.4x	23x	17x	13.8x	16.3x	15.9x	12.5x
FCF Yield	10.7%	6.49%	4.36%	5.89%	7.24%	6.14%	6.31%	7.97%
Dividend per Share ²	0.23	0.38	0.38	0.38	0.46	0.5019	0.5425	0.581
Rate of return	0.67%	0.83%	0.85%	0.68%	0.95%	0.82%	0.89%	0.95%
EPS ²	1.27	2.55	2.51	2.71	3.09	3.342	3.75	4.291
Distribution rate	18.1%	14.9%	15.1%	14%	14.9%	15%	14.5%	13.5%
Net sales ¹	417.6	470.1	532.3	701.1	943.7	956.6	992.5	1,049
EBITDA ¹	63	80.83	82.81	109.4	130	135.6	147.8	166.4
EBIT ¹	53.28	74.8	77.04	101.3	119.1	123.6	136.5	154.1
Net income ¹	25.38	51.03	50.07	58.2	75.56	81.82	91.62	104.4
Net Debt ¹	-31.8	-60.33	-27.12	-19.27	-25.59	-72.56	-139.5	-219.5
Reference price ²	34.40	46.00	44.45	56.10	48.50	61.30	61.30	61.30
Nbr of stocks (in thousands)	19,940	20,017	19,951	24,564	24,570	24,554	-	-
Announcement Date	6/1/21	5/31/22	5/31/23	6/3/24	6/2/25	-	-	-

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 (N)	EV / Sales (N)	EV / EBITDA (N)	Dividend Yield (N)	Capi.($)
WAVESTONE	18.34x	1.5x	10.56x	0.82%	1.77B
IBM	32.57x	4.72x	16.85x	2.29%	273B
ACCENTURE PLC	20.88x	2.26x	12.06x	2.32%	173B
TATA CONSULTANCY SERVICES LTD.	22.61x	4.17x	15.35x	3.83%	125B
AUTOMATIC DATA PROCESSING, INC.	23.59x	4.77x	16.32x	2.47%	104B
INFOSYS LIMITED	24.02x	3.62x	15.37x	2.97%	73.57B
RELX PLC	25.86x	6.21x	15.52x	2.28%	71.92B
SNOWFLAKE INC.	-52.83x	14.87x	109.11x	-.--%	71.76B
HCL TECHNOLOGIES LIMITED	26.99x	3.36x	16.08x	3.36%	50.27B
NEC CORPORATION	31.79x	2.15x	14.9x	0.57%	49.3B
Average	17.38x	4.76x	24.21x	2.09%	99.37B
Weighted average by Cap.	20.71x	4.78x	22.08x	2.36%