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 79,844 - -
Change - -38.33% 36.42% 17.32% 12.06% 7.38% - -
Enterprise Value (EV) 1 75,624 49,441 63,820 72,659 81,945 91,492 90,050 88,848
Change - -34.62% 29.08% 13.85% 12.78% 11.65% -1.58% -1.33%
P/E 60x 38.2x 41.4x 31.8x 36.1x 37.3x 30.5x 25.8x
PBR 9.3x 5.77x 7.06x 7.67x 7.58x 7.32x 6.32x 5.6x
PEG - -14.94x 1.6x 0.6x -29.56x 8.32x 1.4x 1.4x
Capitalization / Revenue 5.28x 2.92x 3.69x 4.22x 4.62x 4.45x 4.13x 3.89x
EV / Revenue 5.94x 3.48x 4.17x 4.62x 5.1x 5.1x 4.66x 4.32x
EV / EBITDA 28.6x 18.2x 20.9x 20.4x 21.1x 20.7x 18.2x 16.5x
EV / EBIT 42x 27.9x 30x 27.7x 28.3x 27.9x 23.6x 21x
EV / FCF 53.3x 46x 39x 39.9x 43x 47.4x 38.3x 33.3x
FCF Yield 1.88% 2.18% 2.57% 2.5% 2.32% 2.11% 2.61% 3%
Dividend per Share 2 1.95 2.06 2.16 2.36 2.68 2.919 3.147 3.388
Rate of return 0.83% 1.42% 1.09% 1.01% 1.02% 1.03% 1.11% 1.19%
EPS 2 3.91 3.81 4.79 7.37 7.28 7.606 9.31 11
Distribution rate 49.9% 54.1% 45.1% 32% 36.8% 38.4% 33.8% 30.8%
Net sales 1 12,733 14,188 15,320 15,741 16,081 17,950 19,311 20,545
EBITDA 1 2,642 2,712 3,050 3,554 3,877 4,417 4,953 5,375
EBIT 1 1,799 1,773 2,126 2,619 2,901 3,283 3,817 4,225
Net income 1 1,130 1,092 1,372 2,112 2,076 2,175 2,650 3,063
Net Debt 1 8,398 7,982 7,262 6,308 7,590 11,648 10,206 9,005
Reference price 2 234.59 145.56 198.35 234.32 262.52 283.70 283.70 283.70
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.($)
37.3x5.1x20.71x1.03% 79.84B
29.56x4.47x19.28x2.25% 37.07B
24.5x2.93x15.13x2.14% 35.1B
16.31x1.55x9.39x1.94% 27.98B
37.62x9.23x28.09x2.43% 23.06B
10.27x2.7x5.65x3.95% 19.29B
26.66x2.77x11.32x1.6% 18.65B
16.64x1.82x7.2x1.83% 14.39B
23.07x2.75x12.64x1.48% 13.87B
10.66x2.28x4.91x1.43% 13.43B
Average 23.26x 3.56x 13.43x 2.01% 28.27B
Weighted average by Cap. 27.08x 4.00x 15.83x 1.85%

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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