Company Valuation: Aviva plc

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 15,436 12,392 11,822 12,453 20,799 21,835 - -
Change - -19.72% -4.6% 5.34% 67.02% 4.98% - -
Enterprise Value (EV) 1 15,436 12,392 11,822 12,453 23,516 21,130 21,065 20,941
Change - -19.72% -4.6% 5.34% 88.83% -10.15% -0.31% -0.59%
P/E 8.19x -11.6x 11.7x 19.9x 25.4x 15.3x 11.9x 10.5x
PBR 0.83x 1.1x 1.28x 1.51x 1.96x 2.2x 2.1x 1.99x
PEG - 0x -0x -0.5x 1.8x 0.2x 0.4x 0.8x
Capitalization / Revenue 334,108x 359,695x 314,858x 276,978x 460,417x - - -
EV / Revenue - - - - - - - -
EV / EBITDA - - - - - - - -
EV / EBIT 5.58x 4.62x 6.07x 5.52x 8.81x 8.3x 7.26x 6.77x
EV / FCF -5.24x 0.78x 8.12x - - 12.9x 12.4x 11.6x
FCF Yield -19.1% 128% 12.3% - - 7.75% 8.05% 8.61%
Dividend per Share 2 0.2901 0.31 0.334 0.357 0.393 0.4102 0.4442 0.4746
Rate of return 5.37% 7% 7.68% 7.62% 5.74% 5.62% 6.08% 6.5%
EPS 2 0.6592 -0.382 0.372 0.236 0.269 0.4775 0.6128 0.6933
Distribution rate 44% -81.2% 89.8% 151% 146% 85.9% 72.5% 68.5%
Net sales 46,202 34,451 37,546 44,962 45,175 - - -
EBITDA - - - - - - - -
EBIT 1 2,768 2,683 1,946 2,258 2,670 2,547 2,902 3,091
Net income 1 1,966 -1,160 1,085 683 924 1,368 1,870 2,064
Net Debt 1 - - - - 2,717 -705 -770 -894
Reference price 2 5.400 4.428 4.347 4.688 6.844 7.300 7.300 7.300
Nbr of stocks (in thousands) 2,858,603 2,798,521 2,719,498 2,656,456 3,039,060 2,991,047 - -
Announcement Date 3/2/22 3/9/23 3/7/24 2/27/25 3/5/26 - - -
1GBP in Million2GBP
Estimates

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
6.32x4.83x - 5.58% 134B
10.92x0.89x - 5.55% 106B
12.14x - - 3.01% 92.58B
13.98x1.04x1.05x4.12% 77.13B
14.81x - - 3.14% 73.81B
12.4x - - 2.4% 62.06B
17.01x3.25x - 2.01% 60.89B
17.6x - - 2.91% 59.66B
12.19x - - 4.52% 46.53B
Average 13.04x 2.50x 1.05x 3.69% 79.09B
Weighted average by Cap. 12.24x 2.70x 1.05x 3.95%

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