Company Valuation: Diageo plc

Data adjusted to current consolidation scope
Fiscal Period: June 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 111,604 97,766 96,438 69,845 55,656 52,017 - -
Change - -12.4% -1.36% -27.58% -20.31% -6.54% - -
Enterprise Value (EV) 1 128,474 114,424 115,633 90,216 77,204 72,259 69,305 67,536
Change - -10.94% 1.06% -21.98% -14.42% -6.41% -4.09% -2.55%
P/E 30.2x 25.3x 20.5x 18.2x 23.7x 25.9x 14.8x 13.2x
PBR 11.6x 10.3x 9.77x 7.01x 5.02x 4.02x 4.09x 3.3x
PEG - 3.64x 0.9x -1x -0.6x -1x 5.48x 1.1x
Capitalization / Revenue 6.27x 5.22x 4.42x 3.45x 2.75x 2.29x 2.71x 2.67x
EV / Revenue 7.22x 6.11x 5.3x 4.45x 3.81x 3.68x 3.6x 3.46x
EV / EBITDA 21.9x 16.8x 14.8x 12.8x 11.6x 11.4x 10.6x 10.3x
EV / EBIT 24.6x 19.7x 17.3x 15.2x 13.5x 13x 12.1x 11.6x
EV / FCF 30.4x 33.2x 32.9x 34.8x 28.1x 23.8x 23.2x 18.8x
FCF Yield 3.29% 3.01% 3.04% 2.88% 3.56% 4.19% 4.31% 5.32%
Dividend per Share 2 1.013 0.9239 1.019 1.035 1.035 0.5361 0.5572 0.5919
Rate of return 2.12% 2.15% 2.37% 3.29% 4.13% 2.29% 2.38% 2.53%
EPS 2 1.584 1.694 2.095 1.728 1.057 0.779 1.585 1.767
Distribution rate 64% 54.5% 48.7% 59.9% 97.9% 34.7% 35.2% 33.5%
Net sales 1 17,787 18,740 21,807 20,269 20,245 19,643 19,230 19,515
EBITDA 1 5,857 6,822 7,799 7,037 6,645 6,650 6,515 6,575
EBIT 1 5,233 5,818 6,695 5,945 5,704 5,683 5,729 5,811
Net income 1 3,716 3,940 4,758 3,870 2,354 1,737 3,451 3,898
Net Debt 1 16,871 16,657 19,195 20,371 21,548 20,241 17,287 15,518
Reference price 2 47.80 42.90 42.94 31.46 25.04 23.39 23.39 23.39
Nbr of stocks (in thousands) 2,334,775 2,278,906 2,245,879 2,219,979 2,222,295 2,223,707 - -
Announcement Date 7/29/21 7/28/22 8/1/23 7/30/24 8/5/25 8/6/26 - -
1USD in Million2USD
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
15.46x3.74x11.52x2.25% 53.05B
12.6x2.92x9.71x6.74% 20.1B
16.71x3.75x12.89x3.39% 12.93B
11.41x1.4x8.54x5.08% 9.23B
67.8x8.76x44x0.23% 6.38B
40.51x4.69x25.24x0.66% 4B
26.74x3.2x14.29x1.89% 2.79B
31.75x2.25x18.02x2.17% 1.3B
Average 27.87x 3.84x 18.03x 2.8% 13.72B
Weighted average by Cap. 19.18x 3.69x 13.64x 3.26%

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