Rubis SCA
LSE:0RTS

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Rubis SCA
LSE:0RTS
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Price: 35.12 EUR 1.33% Market Closed
Market Cap: €3.7B

EV/FCFF

14.1
Current
9%
More Expensive
vs 3-y average of 12.9

Enterprise Value to Free Cash Flow to Firm (EV/FCFF) ratio compares a company`s total enterprise value to the free cash flow available to all investors, both debt and equity holders. It shows how much investors are paying for each dollar of cash flow the business generates before interest payments.

EV/FCFF
14.1
=
Enterprise Value
€4.7B
/
Free Cash Flow to Firm
€346.2m

Enterprise Value to Free Cash Flow to Firm (EV/FCFF) ratio compares a company`s total enterprise value to the free cash flow available to all investors, both debt and equity holders. It shows how much investors are paying for each dollar of cash flow the business generates before interest payments.

EV/FCFF
14.1
=
Enterprise Value
€4.7B
/
Free Cash Flow to Firm
€346.2m

Valuation Scenarios

Rubis SCA is trading above its 3-year average

If EV/FCFF returns to its 3-Year Average (12.9), the stock would be worth €32.15 (8% downside from current price).

Statistics
Positive Scenarios
2/4
Maximum Downside
-8%
Maximum Upside
+25%
Average Upside
6%
Scenario EV/FCFF Value Implied Price Upside/Downside
Current Multiple 14.1 €35.12
0%
3-Year Average 12.9 €32.15
-8%
5-Year Average 13.2 €32.86
-6%
Industry Average 17.6 €43.92
+25%
Country Average 15.8 €39.48
+12%

Forward EV/FCFF
Today’s price vs future free cash flow to firm

Not enough data available to calculate forward EV/FCFF

Peer Comparison

All Multiples
EV/FCFF
P/E
All Countries
Close
Market Cap EV/FCFF P/E
FR
Rubis SCA
LSE:0RTS
3.6B EUR 14.1 11.7
US
Atmos Energy Corp
NYSE:ATO
30.7B USD -24.8 24.9
ES
Naturgy Energy Group SA
MAD:NTGY
24.9B EUR 14.4 12.2
IT
Snam SpA
MIL:SRG
22.2B EUR -1 720.8 17.7
HK
Hong Kong and China Gas Co Ltd
HKEX:3
137B HKD 42.4 23.6
JP
Tokyo Gas Co Ltd
TSE:9531
2.5T JPY 23.5 10.9
JP
Osaka Gas Co Ltd
TSE:9532
2.2T JPY 21 12
IT
Italgas SpA
MIL:IG
10.3B EUR 38 15.6
CA
AltaGas Ltd
TSX:ALA
15.8B CAD -65.7 21.3
IN
GAIL (India) Ltd
NSE:GAIL
1.1T INR 19.4 12.4
CN
ENN Natural Gas Co Ltd
SSE:600803
66.2B CNY 12.9 14.2

Market Distribution

In line with most companies in France
Percentile
44th
Based on 1 359 companies
44th percentile
14.1
Low
0.9 — 10.4
Typical Range
10.4 — 25.1
High
25.1 —
Distribution Statistics
France
Min 0.9
30th Percentile 10.4
Median 15.8
70th Percentile 25.1
Max 2 752.4

Rubis SCA
Glance View

Rubis SCA, a French company with roots stretching back to the early 1990s, has carved a robust niche for itself in the energy sector. Traditionally, Rubis has operated with a multifaceted approach, balancing the roles of both distribution and terminal operations. The company focuses on the distribution of petroleum products, including LPG (liquefied petroleum gas), fuels, heating oil, and bitumen, across Europe, Africa, and the Caribbean. By having a diversified geographic footprint, Rubis mitigates risks associated with regional market fluctuations, allowing it to maintain its financial stability and secure steady revenue streams. Infrastructure plays a critical role in its strategy, as owning its storage facilities provides flexibility and control over the supply chain, enabling Rubis to optimize logistics and maintain superior service delivery standards. The monetization model of Rubis revolves around leveraging its comprehensive supply network and storage capabilities to ensure an uninterrupted fuel distribution process. By investing in strategically located terminal facilities, the company secures a competitive advantage, reducing costs and enhancing its operational efficiency. Additionally, Rubis engages in the bitumen market, catering to infrastructure needs in different regions, which further bolsters its revenue through both services and direct sales. The company operates in a complex, heavily regulated environment, which it navigates through a nuanced understanding of market dynamics, maintaining a customer-first approach that underpins its service offerings. This strategic multi-pronged approach ensures Rubis remains resilient, adeptly managing external pressures while capitalizing on growth opportunities in the diverse markets it serves.

0RTS Intrinsic Value
46.17 EUR
Undervaluation 24%
Intrinsic Value
Price €35.12
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