Company Valuation: Cascades Inc.

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 1,409 849.1 1,282 1,203 1,262 1,259 - -
Change - -39.74% 50.97% -6.17% 4.91% -0.18% - -
Enterprise Value (EV) 1 2,760 2,815 3,164 3,299 3,158 2,924 2,745 2,420
Change - 1.99% 12.39% 4.26% -4.27% -7.41% -6.11% -11.83%
P/E - - -16.8x - - - - -
PBR 0.76x 0.46x 0.74x 0.7x 0.73x 0.69x 0.63x -
PEG - - - - - - - -
Capitalization / Revenue 0.36x 0.19x 0.28x 0.26x 0.26x 0.26x 0.25x 0.25x
EV / Revenue 0.7x 0.63x 0.68x 0.7x 0.66x 0.61x 0.55x 0.47x
EV / EBITDA 7.1x 7.49x 5.67x 6.58x 5.48x 5.4x 4.38x 3.65x
EV / EBIT 20.1x 22.7x 11.1x 15.1x 10.9x 11.5x 8x -
EV / FCF -36.8x -7.89x 19.8x 29.7x 13.9x 9.11x 8.47x -
FCF Yield -2.72% -12.7% 5.06% 3.36% 7.19% 11% 11.8% -
Dividend per Share 2 0.48 0.48 0.48 0.48 - 0.48 0.48 0.48
Rate of return 3.44% 5.67% 3.77% 4.03% - 3.86% 3.86% 3.86%
EPS 2 - - -0.76 - - - - -
Distribution rate - - -63.2% - - - - -
Net sales 1 3,956 4,466 4,638 4,701 4,776 4,827 5,037 5,125
EBITDA 1 389 376 558 501 576 541.6 626.9 663.5
EBIT 1 137 124 286 219 289 254.5 343 -
Net income - - -76 - - - - -
Net Debt 1 1,351 1,966 1,882 2,096 1,896 1,664 1,486 1,161
Reference price 2 13.97 8.46 12.73 11.91 12.46 12.42 12.42 12.42
Nbr of stocks (in thousands) 100,860 100,362 100,695 100,988 101,269 101,408 - -
Announcement Date 24/02/22 23/02/23 22/02/24 20/02/25 26/02/26 - - -
1CAD in Million2CAD
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
- 0.61x5.4x3.86% 894M
20.68x1.13x7.15x4.12% 23.31B
22.85x2.34x11.19x2.27% 20.21B
28.32x1.16x8.89x4.75% 20.17B
21.74x2.35x9.73x1.81% 6.46B
13.87x1.24x7.19x3.89% 5.45B
18.59x2.25x13.17x3.68% 5.02B
8.75x1.36x9.74x1.08% 4.69B
27.42x0.81x7.43x2.23% 4.35B
19.45x1.33x8.73x2.51% 3.85B
Average 20.18x 1.46x 8.86x 3.02% 9.44B
Weighted average by Cap. 22.02x 1.54x 9.07x 3.36%

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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