Company Valuation: Eramet

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Capitalization 1 2,064 2,227 2,041 1,541 1,635 1,710 - -
Change - 7.91% -8.36% -24.51% 6.12% 4.6% - -
Enterprise Value (EV) 1 3,000 2,571 2,655 2,838 3,570 3,559 3,511 3,444
Change - -14.3% 3.26% 6.89% 25.81% -0.3% -1.36% -1.9%
P/E ratio 6.9x 3.25x 18.9x 108x -3.46x -9.39x 23.6x 27.5x
PBR 1.89x 1.37x 1.29x 1.07x 2.29x 2.76x 2x 1.76x
PEG - 0x -0.2x -1.2x 0x 0.2x -0x -1.9x
Capitalization / Revenue 0.56x 0.44x 0.63x 0.53x 0.59x 0.54x 0.48x 0.46x
EV / Revenue 0.82x 0.51x 0.82x 0.97x 1.3x 1.13x 0.99x 0.92x
EV / EBITDA 2.85x 1.66x 7.65x 7.65x 9.6x 7.45x 5x 4.82x
EV / EBIT 3.83x 2.01x 20.9x 29.3x 325x 13x 7.77x 6.59x
EV / FCF 7.48x 4.39x -5.71x -3.9x -4.81x -12.9x -75.3x 54.8x
FCF Yield 13.4% 22.8% -17.5% -25.6% -20.8% -7.77% -1.33% 1.82%
Dividend per Share 2 2.5 3.5 1.5 1.5 - 0.044 0.498 1.5
Rate of return 3.47% 4.17% 2.1% 2.77% - 0.07% 0.83% 2.5%
EPS 2 10.42 25.81 3.79 0.5 -16.67 -6.391 2.542 2.18
Distribution rate 24% 13.6% 39.6% 300% - -0.69% 19.6% 68.8%
Net sales 1 3,668 5,014 3,251 2,933 2,753 3,158 3,529 3,744
EBITDA 1 1,051 1,553 347 371 372 477.8 702.3 715
EBIT 1 784 1,280 127 97 11 273.3 451.9 523
Net income 1 298 740 109 14 -477 -172.8 67.47 83
Net Debt 1 936 344 614 1,297 1,935 1,849 1,801 1,734
Reference price 2 71.95 83.85 71.50 54.15 57.65 60.00 60.00 60.00
Nbr of stocks (in thousands) 28,683 26,558 28,542 28,451 28,359 28,502 - -
Announcement Date 23/02/22 22/02/23 21/02/24 19/02/25 18/02/26 - - -
1EUR in Million2EUR
Estimates

P/E ratio, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
-9.09x1.11x7.34x-.--% 1.95B
16.64x3.93x7.04x3.57% 213B
12.63x3.06x6.54x4.64% 180B
13.75x4.2x7.22x3.72% 93.13B
14.06x0.44x6.25x2.62% 89.91B
23.34x5.91x15.14x0.05% 68.81B
30.52x3.06x7.96x1.23% 56.2B
13.84x4.96x7.16x3.78% 35.87B
17.98x3.31x7.1x0.59% 31.74B
20.09x6.8x12.54x3.23% 28.41B
Average 15.38x 3.68x 8.43x 2.34% 79.9B
Weighted average by Cap. 16.65x 3.60x 7.83x 3.12%

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