Company Valuation: Balchem Corporation

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 5,460 3,924 4,796 5,299 4,967 5,366 - -
Change - -28.13% 22.22% 10.48% -6.26% 8.05% - -
Enterprise Value (EV) 1 5,460 4,298 5,041 5,439 5,056 5,402 5,327 5,234
Change - -21.27% 17.29% 7.9% -7.04% 6.84% -1.39% -1.75%
P/E 57.3x 37.6x 44.4x 41.5x 32.3x 31.2x 29.9x -
PBR 6.28x 4.22x 4.58x 4.61x 3.91x - - -
PEG - 3.6x 14.43x 2.4x 1.5x 2.3x 7.13x -
Capitalization / Revenue 6.83x 4.16x 5.2x 5.56x 4.79x 4.74x 4.49x 4.26x
EV / Revenue 6.83x 4.56x 5.46x 5.7x 4.88x 4.77x 4.45x 4.15x
EV / EBITDA 28.8x 21.2x 21.8x 21.7x 18.4x 17.6x 16.5x 14.9x
EV / EBIT 42.8x 29.6x 31.7x 29.7x 24.2x 22.1x 21x 17.6x
EV / FCF 44.4x 48.7x 34.6x 37.2x 29.1x 31.3x 24.8x -
FCF Yield 2.25% 2.05% 2.89% 2.69% 3.43% 3.2% 4.04% -
Dividend per Share 2 - - - - 0.96 1.173 1.303 1.433
Rate of return - - - - 0.63% 0.7% 0.77% 0.85%
EPS 2 2.94 3.25 3.35 3.93 4.75 5.403 5.63 -
Distribution rate - - - - 20.2% 21.7% 23.2% -
Net sales 1 799 942.4 922.4 953.7 1,037 1,132 1,196 1,260
EBITDA 1 189.8 202.9 230.9 250.3 274.9 307.1 322.4 351
EBIT 1 127.5 145.2 159.2 182.9 209.3 244.5 253.9 298
Net income 1 96.1 105.4 108.5 128.5 154.8 174.8 182.2 -
Net Debt 1 - 374 245.1 140.5 89.43 35.51 -39.68 -132.8
Reference price 2 168.60 122.11 148.75 163.00 153.36 168.34 168.34 168.34
Nbr of stocks (in thousands) 32,382 32,135 32,241 32,508 32,386 31,878 - -
Announcement Date 18/02/22 24/02/23 16/02/24 21/02/25 20/02/26 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
31.15x4.77x17.59x0.7% 5.37B
35.87x4.91x19.93x1.08% 76.31B
25.47x3.02x15.67x2.04% 37.22B
28.76x4.34x18.75x2.32% 36.41B
13.54x1.32x8.11x2.34% 24.9B
37.02x9.08x27.62x2.47% 22.96B
10.38x2.84x5.6x2.63% 21.55B
24.02x2.6x10.57x1.88% 17.27B
12.63x2.54x5.74x1.28% 14.86B
22.9x2.76x12.66x1.47% 14.1B
Average 24.17x 3.82x 14.22x 1.82% 27.1B
Weighted average by Cap. 26.70x 4.04x 15.81x 1.81%

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

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