Company Valuation: Aon plc

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 66,223 62,085 58,267 77,674 75,846 66,996 - -
Change - -6.25% -6.15% 33.31% -2.35% -11.67% - -
Enterprise Value (EV) 1 74,779 71,713 68,319 93,386 88,297 79,230 85,462 82,868
Change - -4.1% -4.73% 36.69% -5.45% -10.27% 7.87% -3.04%
P/E 54.2x 24.7x 23.3x 28.8x 20.7x 22x 20.2x 17.5x
PBR 60.8x -117x -70x 12.7x 8.09x 6.32x 5.05x 4.11x
PEG - 0x 7.64x -180.14x 0.6x -1.4x 2.28x 1.1x
Capitalization / Revenue 5.43x 4.98x 4.36x 4.95x 4.41x 3.73x 3.09x 2.93x
EV / Revenue 6.13x 5.75x 5.11x 5.95x 5.14x 4.41x 3.95x 3.63x
EV / EBITDA 19.4x 18x 15.7x 18.2x 15.4x 12.6x 11.6x 10.4x
EV / EBIT 20.4x 18.7x 16.2x 18.9x 15.9x 13.3x 12x 10.6x
EV / FCF 36.6x 23.7x 21.5x 33.2x 27.4x 22.7x 20.4x 17.1x
FCF Yield 2.73% 4.22% 4.66% 3.02% 3.64% 4.41% 4.91% 5.85%
Dividend per Share 2 1.99 2.19 2.41 2.64 2.91 3.173 3.471 3.815
Rate of return 0.66% 0.73% 0.83% 0.74% 0.82% 1% 1.1% 1.21%
EPS 2 5.55 12.14 12.51 12.49 17.02 14.35 15.62 18.07
Distribution rate 35.9% 18% 19.3% 21.1% 17.1% 22.1% 22.2% 21.1%
Net sales 1 12,193 12,479 13,376 15,698 17,181 17,963 21,652 22,856
EBITDA 1 3,852 3,991 4,342 5,122 5,751 6,276 7,336 8,004
EBIT 1 3,673 3,840 4,223 4,939 5,563 5,959 7,144 7,817
Net income 1 1,255 2,589 2,564 2,654 3,695 3,009 3,398 4,081
Net Debt 1 8,556 9,628 10,052 15,712 12,451 12,234 18,467 15,872
Reference price 2 300.56 300.14 291.02 359.16 352.88 315.72 315.72 315.72
Nbr of stocks (in thousands) 220,332 206,853 200,216 216,266 214,935 212,200 - -
Announcement Date 2/4/22 2/3/23 2/2/24 1/31/25 1/30/26 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution



P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
22x4.41x12.62x1% 67B
14.17x - - 4.27% 181B
12.67x3.11x10.94x1.13% 136B
15.72x1.87x - 5.19% 113B
10.35x0.9x - 5.89% 96.04B
22.35x3.81x13.46x1.95% 91.44B
33.71x4.71x14.54x1.07% 66.76B
11.34x0.71x - 3.51% 36.27B
8.78x1.37x - 1.88% 34.77B
19.38x3.27x11.72x1.18% 29.87B
Average 17.05x 2.68x 12.66x 2.71% 85.23B
Weighted average by Cap. 16.57x 2.76x 12.49x 3.08%

Y-o-Y evolution of P/E

Valuation ratios - P/E - Aon plc

Historical PBR trend

Valuation ratios - PBR - Aon plc

Evolution Enterprise Value / Sales

Valuation ratios - VE_REV - Aon plc

Change in Enterprise Value/EBITDA

Valuation ratios - VE_EBITDA - Aon plc


Year-on-year evolution of the Yield

Valuation ratios - Yield - Aon plc