Company Valuation: Cegedim

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 331.1 198.9 243.6 174.8 186.6 154.6 - -
Change - -39.93% 22.47% -28.22% 6.71% -17.13% - -
Enterprise Value (EV) 1 582.4 427.9 482.1 359.3 418.8 332.8 304.4 263.2
Change - -26.53% 12.65% -25.46% 16.55% -20.55% -8.53% -13.54%
P/E Ratio 12.6x 14.6x -35.7x -11.6x 19.4x 7.67x 5.1x 4.79x
PBR 1.43x 0.7x 0.83x 0.62x 0.66x 0.53x 0.48x 0.45x
PEG - -0.3x 0x -0x -0x 0x 0.1x 0.72x
Capitalization / Revenue 0.63x 0.36x 0.4x 0.27x 0.29x 0.23x 0.23x 0.22x
EV / Revenue 1.11x 0.77x 0.78x 0.55x 0.65x 0.5x 0.45x 0.37x
EV / EBITDA 5.56x 4.45x 4.43x 2.91x 3.4x 2.38x 2.05x 1.7x
EV / EBIT 14.6x 16.7x 15.2x 9.1x 11x 6.46x 5.33x 4.3x
EV / FCF 24.1x 41.4x 21.5x 30.1x 8.07x 14x 10.7x 8.42x
FCF Yield 4.15% 2.42% 4.65% 3.32% 12.4% 7.15% 9.35% 11.9%
Dividend per Share 2 0.5 - - - - - - 0.4419
Rate of return 2.08% - - - - - - 3.92%
EPS 2 1.9 1 -0.5 -1.1 0.7 1.469 2.207 2.353
Distribution rate 26.3% - - - - - - 18.8%
Net sales 1 524.7 555.6 616 654.5 649.2 660.4 681.2 703
EBITDA 1 104.7 96.2 108.8 123.6 123.3 139.8 148.5 154.9
EBIT 1 39.9 25.67 31.67 39.48 38.09 51.54 57.13 61.15
Net income 1 26.22 13.62 -7.407 -14.71 9.398 21.25 30.58 32.58
Net Debt 1 251.3 229 238.5 184.5 232.3 178.2 149.8 108.5
Reference price 2 24.00 14.56 17.86 12.75 13.55 11.26 11.26 11.26
Nbr of stocks (in thousands) 13,796 13,660 13,638 13,712 13,768 13,731 - -
Announcement Date 24/03/22 23/03/23 27/03/24 27/03/25 26/03/26 - - -
1EUR in Million2EUR
Estimates

P/E Ratio, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
8.95x0.6x2.84x-.--% 179M
34.63x10.16x18.82x0.95% 579B
20.96x4.16x12.69x1.8% 202B
53.31x6.32x17.39x-.--% 109B
38.03x3.59x12.92x0.18% 47.83B
5.17x94.85x1112.93x-.--% 40.56B
32.16x12.52x20.41x-.--% 28.3B
27.35x1.61x14.74x-.--% 14.09B
22.53x3.23x10.88x - 11.8B
66.05x6.31x27.01x-.--% 9.71B
Average 30.91x 14.33x 125.06x 0.33% 104.26B
Weighted average by Cap. 32.93x 11.42x 59.74x 0.89%

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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