Company Valuation: Ecolab Inc.

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 67,226 41,460 56,557 66,350 74,355 76,841 - -
Change - -38.33% 36.42% 17.32% 12.06% 3.34% - -
Enterprise Value (EV) 1 75,624 49,441 63,820 72,659 81,945 88,462 87,073 85,902
Change - -34.62% 29.08% 13.85% 12.78% 7.95% -1.57% -1.35%
P/E 60x 38.2x 41.4x 31.8x 36.1x 34.6x 29.4x 24.8x
PBR 9.3x 5.77x 7.06x 7.67x 7.58x 6.98x 6.04x 5.34x
PEG - -14.94x 1.6x 0.6x -29.56x 4.05x 1.7x 1.3x
Capitalization / Revenue 5.28x 2.92x 3.69x 4.22x 4.62x 4.29x 3.98x 3.77x
EV / Revenue 5.94x 3.48x 4.17x 4.62x 5.1x 4.94x 4.51x 4.22x
EV / EBITDA 28.6x 18.2x 20.9x 20.4x 21.1x 20x 17.6x 16x
EV / EBIT 42x 27.9x 30x 27.7x 28.3x 26.8x 22.7x 20.4x
EV / FCF 53.3x 46x 39x 39.9x 43x 48.7x 36.9x 32.5x
FCF Yield 1.88% 2.18% 2.57% 2.5% 2.32% 2.05% 2.71% 3.08%
Dividend per Share 2 1.95 2.06 2.16 2.36 2.68 2.915 3.144 3.438
Rate of return 0.83% 1.42% 1.09% 1.01% 1.02% 1.07% 1.15% 1.26%
EPS 2 3.91 3.81 4.79 7.37 7.28 7.902 9.286 11.01
Distribution rate 49.9% 54.1% 45.1% 32% 36.8% 36.9% 33.9% 31.2%
Net sales 1 12,733 14,188 15,320 15,741 16,081 17,905 19,303 20,367
EBITDA 1 2,642 2,712 3,050 3,554 3,877 4,428 4,951 5,358
EBIT 1 1,799 1,773 2,126 2,619 2,901 3,306 3,830 4,217
Net income 1 1,130 1,092 1,372 2,112 2,076 2,264 2,678 3,102
Net Debt 1 8,398 7,982 7,262 6,308 7,590 11,621 10,232 9,061
Reference price 2 234.59 145.56 198.35 234.32 262.52 273.03 273.03 273.03
Nbr of stocks (in thousands) 286,567 284,828 285,140 283,162 283,236 281,438 - -
Announcement Date 15/02/22 14/02/23 13/02/24 11/02/25 10/02/26 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
34.36x4.96x19.95x1.06% 77.15B
29.49x4.63x19.77x2.15% 39.07B
22.44x2.71x14x2.37% 32.15B
15.1x1.45x8.81x2.09% 26.06B
11.61x2.96x6.29x3.45% 21.26B
32.95x7.97x24.38x2.82% 19.93B
25.58x2.75x11.23x1.56% 18.49B
12.71x2.6x5.52x1.25% 15.26B
22.65x2.72x12.5x1.51% 13.76B
14.91x1.62x6.39x2.08% 12.88B
Average 22.18x 3.44x 12.88x 2.03% 27.6B
Weighted average by Cap. 25.33x 3.84x 15.06x 1.89%

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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