Company Valuation: Imerys

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 3,096 3,073 2,403 2,381 2,021 1,860 - -
Change - -0.75% -21.8% -0.91% -15.13% -7.94% - -
Enterprise Value (EV) 1 4,547 4,739 3,521 3,656 3,412 3,313 3,403 3,212
Change - 4.22% -25.7% 3.84% -6.67% -2.9% 2.71% -5.6%
P/E 13.1x 13.2x 47.5x -25.2x -4.96x 15.9x 12.1x 9.85x
PBR 0.97x 0.92x 0.77x 0.73x 0.78x 0.7x 0.69x 0.65x
PEG - -12.28x -0.6x 0x -0x -0x 0.4x 0.4x
Capitalization / Revenue 0.71x 0.72x 0.63x 0.66x 0.6x 0.55x 0.53x 0.5x
EV / Revenue 1.04x 1.11x 0.93x 1.01x 1.01x 0.97x 0.97x 0.87x
EV / EBITDA 5.98x 6.58x 5.56x 5.42x 6.25x 5.93x 5.85x 5.24x
EV / EBIT 10.1x 10.8x 9.65x 9.28x 13.3x 13.6x 12.4x 10.2x
EV / FCF 22.1x 103x 16.5x 32.1x 30.5x 21.3x 24x 17.5x
FCF Yield 4.53% 0.97% 6.04% 3.12% 3.27% 4.7% 4.17% 5.73%
Dividend per Share 2 1.55 3.85 1.35 1.45 0.75 0.7942 0.8261 0.9374
Rate of return 4.24% 10.6% 4.74% 5.14% 3.13% 3.6% 3.75% 4.25%
EPS 2 2.79 2.76 0.6 -1.12 -4.83 1.39 1.822 2.236
Distribution rate 55.6% 139% 225% -129% -15.5% 57.1% 45.3% 41.9%
Net sales 1 4,383 4,282 3,794 3,605 3,384 3,408 3,505 3,686
EBITDA 1 761 720 633 675 546 558.7 581.2 613.3
EBIT 1 452 438.8 364.7 394 257.3 243.6 273.5 314.5
Net income 1 240 237.2 51.3 -95 -408.8 118.7 159.7 190.2
Net Debt 1 1,451 1,666 1,118 1,275 1,391 1,453 1,542 1,352
Reference price 2 36.54 36.34 28.48 28.20 23.94 22.04 22.04 22.04
Nbr of stocks (in thousands) 84,726 84,553 84,368 84,434 84,414 84,414 - -
Announcement Date 16/02/22 16/02/23 21/02/24 20/02/25 19/02/26 - - -
1EUR in Million2EUR
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
15.86x0.97x5.93x3.6% 2.12B
22.52x8.72x13.49x2.46% 143B
24.21x3.27x7.89x0.96% 89.78B
11.16x1.41x5.34x3.06% 51.89B
47.93x - - 0.3% 33.33B
38.48x5.31x20.47x0.61% 26.08B
27.46x - - 1.93% 19.72B
7.45x0.25x7.81x5.88% 18.4B
12.64x1.42x6.22x2.71% 15.7B
Average 23.08x 3.05x 9.59x 2.39% 44.43B
Weighted average by Cap. 23.71x 5.13x 10.67x 2.05%

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