Company Valuation: Defence Holdings PLC

Data adjusted to current consolidation scope
Fiscal Period: March 2021 2022 2023 2025 2026
Market Cap 1 29.56 10.94 5.057 0.4226 31.55
Change - -62.98% -53.79% - 7,365.01%
Enterprise Value (EV) 1 19.49 11.68 7.8 0.3836 30.69
Change - -40.09% -33.2% - 7,900.79%
P/E -3.33x -1.25x -1.19x -0.47x -5.36x
PBR 2.45x 3.08x -26.3x -0.65x 7.42x
PEG - 0.94x 0x - -0x
Capitalization / Revenue 15.5x 2.46x 0.92x 0.15x -
EV / Revenue 10.2x 2.62x 1.41x 0.13x -
EV / EBITDA -2.21x -1.38x -1.97x -0.22x -6.74x
EV / EBIT -2.21x -1.36x -1.83x -0.2x -6.73x
EV / FCF -2.62x -2.95x -9.4x - -9.83x
FCF Yield -38.2% -33.8% -10.6% - -10.2%
Dividend per Share 2 - - - - -
Rate of return - - - - -
EPS 2 -0.0171 -0.0169 -0.008212 -0.001114 -0.002426
Distribution rate - - - - -
Net sales 1 1.902 4.453 5.525 2.889 -
EBITDA 1 -8.818 -8.485 -3.954 -1.736 -4.556
EBIT 1 -8.826 -8.576 -4.254 -1.953 -4.562
Net income 1 -8.816 -8.748 -4.497 -0.8513 -4.327
Net Debt 1 -10.07 0.733 2.743 -0.039 -0.856
Reference price 2 0.0570 0.0211 0.0098 0.0005 0.0130
Nbr of stocks (in thousands) 518,617 518,617 518,617 804,984 2,426,793
Announcement Date 4/1/22 1/31/23 1/31/24 7/21/25 7/28/26
1GBP in Million2GBP
Estimates

P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
- - - - 33.6M
42.95x7.71x32.03x0.49% 379B
36.8x3.4x20.03x1.28% 300B
38.24x5.4x23.17x0.92% 173B
19.92x1.91x13.68x2.31% 140B
23.19x1.96x16.03x1.6% 106B
29.19x2.07x14.58x1.75% 86.82B
19.89x2.06x14.67x1.68% 82.02B
34.02x3.77x16.68x1.21% 62.92B
24.11x2.64x14.49x1.72% 54.14B
Average 29.81x 3.43x 18.37x 1.44% 138.5B
Weighted average by Cap. 33.81x 4.39x 21.73x 1.22%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

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  4. Valuation Defence Holdings PLC