Company Valuation: ADT Inc.

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 6,991 8,285 6,287 6,267 6,615 5,450 - -
Change - 18.51% -24.12% -0.31% 5.55% -17.62% - -
Enterprise Value (EV) 1 16,660 17,857 14,116 13,624 13,938 12,976 12,407 11,779
Change - 7.19% -20.95% -3.48% 2.3% -6.91% -4.38% -5.06%
P/E -20.5x 47.7x 13.4x 13.3x 12x 9.44x 8.73x 8.29x
PBR 2.33x 2.42x 1.66x 1.52x 1.63x 1.41x 1.23x 1.09x
PEG - -0x 0x 6.78x 0.4x 0.5x 1.06x 1.58x
Capitalization / Revenue 1.32x 1.3x 1.26x 1.28x 1.29x 1.04x 1.02x 0.98x
EV / Revenue 3.14x 2.79x 2.83x 2.78x 2.72x 2.48x 2.31x 2.13x
EV / EBITDA 7.53x 7.3x 5.97x 5.28x 5.2x 4.85x 4.56x 4.14x
EV / EBIT 1,111x 31.9x 14.5x 11x 10.6x 10x 9.32x 8.22x
EV / FCF 35.8x 32x 16.6x 20.7x 17.5x 11.4x 12.8x 10.7x
FCF Yield 2.79% 3.12% 6.03% 4.84% 5.73% 8.8% 7.82% 9.33%
Dividend per Share 2 0.14 0.14 0.14 0.22 0.22 0.22 0.2267 0.2333
Rate of return 1.66% 1.54% 2.05% 3.18% 2.73% 2.95% 3.04% 3.13%
EPS 2 -0.41 0.19 0.51 0.52 0.67 0.79 0.855 0.9
Distribution rate -34.1% 73.7% 27.5% 42.3% 32.8% 27.8% 26.5% 25.9%
Net sales 1 5,307 6,395 4,983 4,898 5,129 5,222 5,361 5,533
EBITDA 1 2,213 2,447 2,365 2,578 2,680 2,678 2,723 2,844
EBIT 1 15 560 976 1,235 1,313 1,293 1,332 1,433
Net income 1 -341 173 463 501 596 627.8 625.4 683
Net Debt 1 9,669 9,572 7,829 7,357 7,323 7,526 6,958 6,329
Reference price 2 8.410 9.070 6.820 6.910 8.070 7.460 7.460 7.460
Nbr of stocks (in thousands) 831,271 913,467 921,821 907,013 819,763 730,559 - -
Announcement Date 3/1/22 2/28/23 2/28/24 2/27/25 3/2/26 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
19.2x3.36x13.44x1.42% 13.36B
9.44x2.48x4.85x2.95% 5.45B
21.97x1.07x6.42x1.48% 3.47B
14.4x0.97x6.33x - 3.02B
17.62x0.6x4.56x4.04% 1.99B
83.15x - - - 1.5B
23.39x - - - 1.38B
22.68x - - - 1.32B
Average 26.48x 1.70x 7.12x 2.47% 3.94B
Weighted average by Cap. 20.64x 2.43x 9.40x 1.99%

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