Valuation Umicore

Equities

Real-time Euronext Bruxelles Other stock markets 20:35:53 23/01/2026 +04			5-day change	1st Jan Change
20.86 ^EUR	+2.46%		+9.56%	+16.54%

01-15	Umicore Wins EU Approval for HS Hyosung JV for Extra Mile Materials Acquisition	MT
01-09	Berenberg Lifts Umicore Price Target, Forecasts on Earnings Upside	MT

Data adjusted to current consolidation scope

Fiscal Period: December	2020	2021	2022	2023	2024	2025	2026	2027
Capitalization ¹	9,451	8,622	8,240	5,986	2,394	4,898	4,898	-
Change	-	-8.76%	-4.43%	-27.35%	-60.01%	104.59%	0%	-
Enterprise Value (EV) ¹	10,865	9,582	9,344	7,252	3,818	6,521	6,586	6,511
Change	-	-11.8%	-2.49%	-22.39%	-47.35%	70.8%	0.99%	-1.14%
P/E ratio	72.8x	14x	14.5x	15.6x	-1.62x	17.6x	15.8x	14.1x
PBR	3.7x	2.77x	2.34x	1.63x	1.24x	2.18x	2.02x	1.86x
PEG	-	0x	-1.95x	-0.5x	0x	-0x	1.4x	1.1x
Capitalization / Revenue	2.92x	2.18x	1.98x	1.54x	0.69x	1.38x	1.34x	1.3x
EV / Revenue	3.35x	2.42x	2.25x	1.87x	1.1x	1.84x	1.81x	1.72x
EV / EBITDA	13.5x	7.66x	8.12x	7.46x	5x	7.79x	7.56x	7.03x
EV / EBIT	20.3x	9.86x	10.8x	10.8x	7.99x	11.5x	11.3x	10.4x
EV / FCF	79.4x	9.69x	65.4x	45.9x	13.3x	185x	46.9x	23.9x
FCF Yield	1.26%	10.3%	1.53%	2.18%	7.5%	0.54%	2.13%	4.19%
Dividend per Share ²	0.25	0.8	0.8	0.8	0.8	0.5092	0.5346	0.5401
Rate of return	0.64%	2.24%	2.33%	3.21%	8.04%	2.5%	2.63%	2.65%
EPS ²	0.54	2.56	2.37	1.6	-6.15	1.155	1.287	1.449
Distribution rate	46.3%	31.3%	33.8%	50%	-13%	44.1%	41.5%	37.3%
Net sales ¹	3,239	3,963	4,155	3,876	3,461	3,545	3,645	3,776
EBITDA ¹	804	1,251	1,151	972	763	837.6	871.3	926.4
EBIT ¹	536	971.4	865	674	478	564.6	584.8	627.9
Net income ¹	130.5	619	569.9	385	-1,480	276.2	309.6	345.4
Net Debt ¹	1,414	960	1,104	1,266	1,424	1,624	1,688	1,613
Reference price ²	39.29	35.75	34.32	24.90	9.96	20.36	20.36	20.36
Nbr of stocks (in thousands)	240,535	241,183	240,092	240,400	240,481	240,562	240,562	-
Announcement Date	11/02/21	16/02/22	16/02/23	16/02/24	14/02/25	-	-	-

¹EUR in Million²EUR

Estimates

Add to a list 0 selected To use this feature you must be a member Log in Sign up	P/E (Y)	EV / Sales (Y)	EV / EBITDA (Y)	Dividend Yield (Y)	Capi.($)
UMICORE	17.63x	1.84x	7.79x	2.5%	5.75B
ECOLAB INC.	38.52x	5.34x	22.23x	0.93%	79.73B
GIVAUDAN SA	26.92x	4.39x	17.98x	2.28%	36.95B
SIKA AG	21.99x	2.52x	13.5x	2.39%	30.2B
FUJIFILM HOLDINGS CORPORATION	14.63x	1.4x	8.75x	2.17%	24.51B
SOCIEDAD QUÍMICA Y MINERA DE CHILE S.A.	38.72x	5.88x	17.43x	0.95%	23.95B
ALBEMARLE CORPORATION	-78.91x	4.83x	22.88x	0.86%	22.16B
EMS-CHEMIE HOLDING AG	30.18x	6.96x	22.45x	2.97%	18.08B
NITTO DENKO CORPORATION	18.96x	2.14x	8.59x	1.63%	15.63B
POSCO FUTURE M CO., LTD.	419.46x	6.9x	73.17x	0.13%	13.18B
Average	54.81x	4.22x	21.48x	1.68%	27.01B
Weighted average by Cap.	39.75x	4.47x	20.48x	1.56%