Company Valuation: Evotec

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 7,444 2,696 3,765 1,453 966.4 588 - -
Change - -63.78% 39.63% -61.41% -33.49% -39.16% - -
Enterprise Value (EV) 1 7,099 2,485 3,787 1,669 938.7 730.8 750.2 761.2
Change - -65% 52.43% -55.93% -43.75% -22.15% 2.64% 1.47%
P/E 32.7x -15.4x -45.3x -7.38x -9.4x -2.82x -7.68x -174x
PBR 5.44x 2.27x 3.37x 6.89x 1.19x 0.92x 1.11x 1.13x
PEG - 0x 0.9x -0x 0.2x -0x 0.1x 1.8x
Capitalization / Revenue 12x 3.59x 4.82x 1.82x 1.23x 0.98x 0.82x 0.75x
EV / Revenue 11.5x 3.31x 4.85x 2.09x 1.19x 1.22x 1.04x 0.97x
EV / EBITDA 66.2x 24.4x 57.1x 74x 22.8x -10.7x 15.9x 8.04x
EV / EBIT 173x 119x -142x -11.7x -16.7x -2.83x -18.5x 29.3x
EV / FCF 2,155x 114x -21.4x -16.8x -11.5x -4.29x -13.2x 102x
FCF Yield 0.05% 0.88% -4.67% -5.95% -8.71% -23.3% -7.59% 0.98%
Dividend per Share 2 - - - - - - - -
Rate of return - - - - - - - -
EPS 2 1.3 -0.99 -0.47 -1.11 -0.58 -1.174 -0.4303 -0.019
Distribution rate - - - - - - - -
Net sales 1 618 751.4 781.4 797 788.4 599.7 719.2 784.8
EBITDA 1 107.3 101.7 66.35 22.56 41.1 -68.1 47.3 94.62
EBIT 1 41 20.85 -26.63 -142.5 -56.2 -258.5 -40.66 25.99
Net income 1 215.5 -175.7 -83.91 -196.1 -103.5 -235.8 -60.37 14.39
Net Debt 1 -345.3 -211.8 22.09 216 -27.66 142.8 162.2 173.2
Reference price 2 42.500 15.260 21.280 8.195 5.450 3.306 3.306 3.306
Nbr of stocks (in thousands) 175,162 176,703 176,936 177,303 177,323 177,749 - -
Announcement Date 12/04/22 12/05/23 24/04/24 17/04/25 08/04/26 - - -
1EUR in Million2EUR
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
33.93x6.05x18x0.95% 49.74B
-21.45x254.03x-23.17x-.--% 44.98B
33.27x3.24x13.96x-.--% 42.52B
46.98x5.43x29.72x-.--% 40.78B
28.55x8.63x21.82x0.4% 32.89B
33.17x5.43x24.66x-.--% 16.28B
23.86x2.08x9x1.13% 14.4B
75.53x3.99x15.46x-.--% 13.48B
Average 31.73x 36.11x 13.68x 0.31% 31.88B
Weighted average by Cap. 27.03x 49.18x 12.22x 0.3%

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