Company Valuation: Sodexo

Data adjusted to current consolidation scope
Fiscal Period: August 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 10,218 11,176 14,455 11,783 7,487 8,225 - -
Change - 9.37% 29.34% -18.49% -36.46% 9.86% - -
Enterprise Value (EV) 1 11,696 12,444 18,854 14,383 10,174 11,367 11,496 11,490
Change - 6.39% 51.51% -23.71% -29.26% 11.73% 1.13% -0.06%
P/E 74.5x 16.3x 18.4x 71.2x 10.9x 33x 25.5x 17.2x
PBR 3.26x 2.55x 3.21x 3.12x 2x 2.22x 2.17x 2.02x
PEG - 0x 1.3x -0.9x 0x -0.5x 0.9x 0.4x
Capitalization / Revenue 0.59x 0.53x 0.61x 0.5x 0.31x 0.35x 0.33x 0.32x
EV / Revenue 0.67x 0.59x 0.79x 0.6x 0.42x 0.48x 0.47x 0.45x
EV / EBITDA 9.92x 7.87x 10.5x 9.32x 6.39x 8.99x 8.59x 7.65x
EV / EBIT 20.2x 11.8x 14.1x 13x 8.93x 14.4x 13.8x 11.8x
EV / FCF 24.2x 19.7x 23.2x 16.9x 20.1x 49.4x 41.5x 31.5x
FCF Yield 4.13% 5.07% 4.31% 5.92% 4.96% 2.02% 2.41% 3.17%
Dividend per Share 2 2 2.4 3.1 2.65 2.7 1.649 1.695 2.036
Rate of return 2.86% 3.14% 3.13% 3.29% 5.26% 2.92% 3% 3.61%
EPS 2 0.94 4.69 5.38 1.13 4.71 1.71 2.21 3.283
Distribution rate 213% 51.2% 57.6% 235% 57.3% 96.5% 76.7% 62%
Net sales 1 17,428 21,125 23,727 23,798 24,074 23,830 24,636 25,522
EBITDA 1 1,179 1,582 1,793 1,543 1,593 1,265 1,338 1,501
EBIT 1 578 1,059 1,335 1,109 1,139 787.3 833.9 977.8
Net income 1 139 695 794 168 695 249.2 310.1 486.6
Net Debt 1 1,478 1,268 4,399 2,600 2,687 3,142 3,271 3,264
Reference price 2 70.02 76.44 99.02 80.50 51.30 56.40 56.40 56.40
Nbr of stocks (in thousands) 145,930 146,205 145,982 146,372 145,951 145,841 - -
Announcement Date 27/10/21 26/10/22 26/10/23 24/10/24 23/10/25 - - -
1EUR in Million2EUR
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
32.99x0.48x8.99x2.92% 9.55B
43.19x3.5x22.8x2.55% 113B
23.34x1.18x11.63x2.39% 52.45B
18.64x1.89x11.42x3.09% 23.83B
31.64x1.38x11.59x0.75% 11.45B
12.66x1.53x7.5x2.21% 9.46B
36.02x2.51x13.88x0.41% 7.65B
11.38x0.92x5.68x7.92% 7.15B
14.35x2.51x9.83x3.25% 6.94B
102.35x4.12x32.5x-.--% 6.53B
Average 32.66x 2.00x 13.58x 2.55% 24.76B
Weighted average by Cap. 34.14x 2.45x 16.82x 2.53%

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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