Valuation Umicore

Equities

Market Closed - Euronext Bruxelles Other stock markets 19:55:00 08/05/2026 +04			5-day change	1st Jan Change
21.82 ^EUR	+3.51%		+27.01%	+21.90%

05-06	Berenberg Raises Umicore's Price Target After 'Near-universally Positive' Q1 Update	MT
05-05	G7 in talks to set up permanent unit to oversee critical minerals agenda	RE

Data adjusted to current consolidation scope

Fiscal Period: December	2021	2022	2023	2024	2025	2026	2027	2028
Capitalization ¹	8,622	8,240	5,986	2,394	4,306	5,249	-	-
Change	-	-4.43%	-27.35%	-60.01%	79.87%	21.9%	-	-
Enterprise Value (EV) ¹	9,582	9,344	7,252	3,818	5,589	6,643	6,582	6,432
Change	-	-2.49%	-22.39%	-47.35%	46.37%	18.87%	-0.92%	-2.28%
P/E ratio	14x	14.5x	15.6x	-1.62x	11.3x	14.1x	13.4x	11.7x
PBR	2.77x	2.34x	1.63x	1.24x	1.92x	2.08x	1.89x	1.69x
PEG	-	-1.95x	-0.5x	0x	-0x	-5.43x	2.7x	0.8x
Capitalization / Revenue	2.18x	1.98x	1.54x	0.69x	1.21x	1.4x	1.36x	1.33x
EV / Revenue	2.42x	2.25x	1.87x	1.1x	1.57x	1.78x	1.71x	1.63x
EV / EBITDA	7.66x	8.12x	7.46x	5x	6.6x	6.95x	6.7x	6.22x
EV / EBIT	9.86x	10.8x	10.8x	7.99x	9.65x	9.97x	9.56x	8.77x
EV / FCF	9.69x	65.4x	45.9x	13.3x	14.5x	18.9x	27.4x	20.5x
FCF Yield	10.3%	1.53%	2.18%	7.5%	6.9%	5.29%	3.65%	4.87%
Dividend per Share ²	0.8	0.8	0.8	0.8	-	0.5123	0.55	0.544
Rate of return	2.24%	2.33%	3.21%	8.04%	-	2.35%	2.52%	2.49%
EPS ²	2.56	2.37	1.6	-6.15	1.59	1.549	1.625	1.872
Distribution rate	31.3%	33.8%	50%	-13%	-	33.1%	33.8%	29.1%
Net sales ¹	3,963	4,155	3,876	3,461	3,562	3,742	3,851	3,951
EBITDA ¹	1,251	1,151	972	763	847	955.9	983	1,034
EBIT ¹	971.4	865	674	478	579	666.4	688.2	733
Net income ¹	619	569.9	385	-1,480	384.5	384.1	406.8	453.3
Net Debt ¹	960	1,104	1,266	1,424	1,283	1,394	1,333	1,183
Reference price ²	35.75	34.32	24.90	9.96	17.90	21.82	21.82	21.82
Nbr of stocks (in thousands)	241,183	240,092	240,400	240,481	240,562	240,562	-	-
Announcement Date	16/02/22	16/02/23	16/02/24	14/02/25	20/02/26	-	-	-

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	14.09x	1.78x	6.95x	2.35%	6.18B
ECOLAB INC.	31.86x	4.66x	18.8x	1.14%	71.55B
GIVAUDAN SA	24.2x	3.85x	16.49x	2.66%	32.99B
SIKA AG	20.12x	2.46x	12.67x	2.65%	29.75B
SOCIEDAD QUÍMICA Y MINERA DE CHILE S.A.	16.11x	3.96x	8.94x	2.12%	26.1B
ALBEMARLE CORPORATION	19.51x	4.2x	9.62x	0.8%	24B
FUJIFILM HOLDINGS CORPORATION	13.61x	1.32x	8.35x	2.32%	23.06B
EMS-CHEMIE HOLDING AG	31.44x	7.56x	23.24x	2.94%	19.9B
POSCO FUTURE M CO., LTD.	434.64x	8.73x	86.28x	0.09%	17.65B
NITTO DENKO CORPORATION	16.05x	1.74x	6.98x	1.9%	13.58B
Average	62.16x	4.03x	19.83x	1.9%	26.48B
Weighted average by Cap.	50.92x	4.18x	19.06x	1.8%