Company Valuation: UCB

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 18,947 13,973 14,969 36,464 45,333 45,135 - -
Change - -26.25% 7.12% 143.6% 24.32% -0.44% - -
Enterprise Value (EV) 1 19,807 15,973 17,146 37,918 45,326 44,863 42,822 40,288
Change - -19.36% 7.34% 121.15% 19.54% -1.02% -4.55% -5.92%
P/E 17.9x 33.4x 44.8x 34.3x 29.1x 25.6x 20.2x 16.2x
PBR 2.32x 1.58x 1.67x 3.64x - 3.84x 3.3x 2.72x
PEG - -0.6x -2.2x 0x 0.6x 2x 0.8x 0.7x
Capitalization / Revenue 3.28x 2.53x 2.85x 5.93x 5.86x 5.29x 4.68x 4.2x
EV / Revenue 3.43x 2.9x 3.26x 6.16x 5.86x 5.26x 4.44x 3.75x
EV / EBITDA 12.1x 12.7x 12.7x 25.7x 17.2x 15.4x 11.9x 9.42x
EV / EBIT 15x 23.7x 26.1x 45.4x 22.6x 19.2x 14.5x 11x
EV / FCF 15.6x 18.4x 38.5x 41.2x 24.6x 23x 16.5x 12.9x
FCF Yield 6.42% 5.43% 2.6% 2.43% 4.06% 4.35% 6.05% 7.75%
Dividend per Share 2 1.3 1.33 1.36 1.39 1.45 1.465 1.505 1.538
Rate of return 1.3% 1.81% 1.72% 0.72% 0.61% 0.62% 0.63% 0.65%
EPS 2 5.6 2.2 1.76 5.61 8.2 9.254 11.74 14.66
Distribution rate 23.2% 60.5% 77.3% 24.8% 17.7% 15.8% 12.8% 10.5%
Net sales 1 5,777 5,517 5,252 6,152 7,741 8,534 9,635 10,747
EBITDA 1 1,641 1,260 1,349 1,476 2,636 2,907 3,599 4,278
EBIT 1 1,318 675 657 836 2,009 2,331 2,948 3,664
Net income 1 1,058 418 343 1,065 1,558 1,751 2,274 2,834
Net Debt 1 860 2,000 2,177 1,454 -7 -271.3 -2,313 -4,846
Reference price 2 100.35 73.56 78.90 192.20 238.60 237.10 237.10 237.10
Nbr of stocks (in thousands) 188,812 189,959 189,721 189,720 189,996 190,361 - -
Announcement Date 24/02/22 22/02/23 28/02/24 27/02/25 24/02/26 - - -
1EUR in Million2EUR
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
25.62x5.26x15.43x0.62% 51.6B
17.23x3.77x10.12x0.59% 67.61B
34.6x11.72x22.41x-.--% 43B
-46.01x3.23x9.56x3.34% 40.94B
30.35x3.47x10.97x-.--% 29.4B
-7.88x11.31x-6.94x-.--% 27.09B
37.89x3.25x9.81x-.--% 23.32B
62.11x6.29x41.57x-.--% 19.89B
26.16x5.4x14.45x-.--% 16.91B
-39.16x18.25x-55.41x-.--% 16.84B
Average 14.09x 7.20x 7.20x 0.45% 33.66B
Weighted average by Cap. 13.88x 6.45x 9.91x 0.62%

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