Company Valuation: Wendel SE

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 4,603 3,782 3,508 3,953 3,494 3,313 - -
Change - -17.84% -7.24% 12.67% -11.6% -5.2% - -
Enterprise Value (EV) 1 8,306 6,581 7,220 6,714 6,342 6,691 6,847 6,934
Change - -20.77% 9.71% -7.01% -5.53% 5.5% 2.33% 1.28%
P/E 4.43x 5.84x 25.2x 13.7x -23x 31.2x 28.1x 26x
PBR 1.77x 1.36x 1.3x 1.22x 0.99x 0.92x 0.93x 0.94x
PEG - -0.2x -0.3x 0x 0x -0x 2.6x 3.18x
Capitalization / Revenue 0.61x 0.43x 0.49x 0.49x 0.46x 0.43x 0.41x 0.4x
EV / Revenue 1.11x 0.76x 1.01x 0.83x 0.84x 0.86x 0.85x 0.84x
EV / EBITDA 6.07x 4.05x 4.15x 3.24x 3.47x 4.7x 4.64x 4.57x
EV / EBIT 7.74x 5.26x 6.31x 5.06x 5.16x 7.42x 7.17x 6.87x
EV / FCF 7.07x 5.38x 6.11x 4.84x 4.26x 7.8x 7.86x 7.83x
FCF Yield 14.1% 18.6% 16.4% 20.7% 23.4% 12.8% 12.7% 12.8%
Dividend per Share 2 2.9 3.2 4 4.7 5.1 5.618 6.01 6.534
Rate of return 2.75% 3.67% 4.96% 5.06% 6.2% 6.59% 7.05% 7.67%
EPS 2 23.78 14.93 3.2 6.766 -3.58 2.732 3.032 3.28
Distribution rate 12.2% 21.4% 125% 69.5% -142% 206% 198% 199%
Net sales 1 7,504 8,700 7,128 8,064 7,568 7,743 8,026 8,263
EBITDA 1 1,368 1,626 1,738 2,072 1,826 1,424 1,476 1,517
EBIT 1 1,073 1,251 1,144 1,327 1,230 902.3 955.1 1,009
Net income 1 1,047 656.3 142.4 293.9 -151.8 116.1 126.2 136.7
Net Debt 1 3,703 2,799 3,712 2,761 2,848 3,378 3,534 3,622
Reference price 2 105.40 87.20 80.65 92.95 82.20 85.20 85.20 85.20
Nbr of stocks (in thousands) 43,671 43,369 43,497 42,524 42,508 38,879 - -
Announcement Date 18/03/22 16/03/23 28/02/24 26/02/25 26/02/26 - - -
1EUR in Million2EUR
Estimates

P/E, Detailed evolution



P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
31.53x0.87x4.72x6.52% 3.9B
22.26x7.72x14.81x3.85% 107B
17.38x13.81x24.47x0.74% 94.91B
23.68x - - 3.91% 31.53B
11.99x4.92x9.61x5.16% 22.65B
17.54x1.85x7.11x3.8% 17.6B
14.18x4.38x13.15x3.05% 16.37B
15x9.53x - 9.75% 14.15B
32.57x19.12x26.7x - 11.94B
Average 20.68x 7.78x 14.37x 4.6% 35.58B
Weighted average by Cap. 19.73x 9.43x 17.50x 3.25%

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

  1. Stock Market
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  4. Valuation Wendel SE
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