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 44,903 - -
Change - -12.4% -1.36% -27.58% -20.31% -19.32% - -
Enterprise Value (EV) 1 128,474 114,424 115,633 90,216 77,204 64,966 62,115 60,378
Change - -10.94% 1.06% -21.98% -14.42% -15.85% -4.39% -2.8%
P/E 30.2x 25.3x 20.5x 18.2x 23.7x 13.1x 12.9x 11.8x
PBR 11.6x 10.3x 9.77x 7.01x 5.02x 3.46x 2.93x 2.52x
PEG - 3.64x 0.9x -1x -0.6x 0.3x 11.35x 1.23x
Capitalization / Revenue 6.27x 5.22x 4.42x 3.45x 2.75x 2.29x 2.32x 2.25x
EV / Revenue 7.22x 6.11x 5.3x 4.45x 3.81x 3.31x 3.21x 3.03x
EV / EBITDA 21.9x 16.8x 14.8x 12.8x 11.6x 10.2x 10x 9.33x
EV / EBIT 24.6x 19.7x 17.3x 15.2x 13.5x 11.6x 11.5x 10.6x
EV / FCF 30.4x 33.2x 32.9x 34.8x 28.1x 21.4x 18.4x 17.1x
FCF Yield 3.29% 3.01% 3.04% 2.88% 3.56% 4.68% 5.43% 5.85%
Dividend per Share 2 1.013 0.9239 1.019 1.035 1.035 0.5362 0.5583 0.5977
Rate of return 2.12% 2.15% 2.37% 3.29% 4.13% 2.66% 2.76% 2.96%
EPS 2 1.584 1.694 2.095 1.728 1.057 1.545 1.563 1.712
Distribution rate 64% 54.5% 48.7% 59.9% 97.9% 34.7% 35.7% 34.9%
Net sales 1 17,787 18,740 21,807 20,269 20,245 19,629 19,359 19,958
EBITDA 1 5,857 6,822 7,799 7,037 6,645 6,366 6,203 6,468
EBIT 1 5,233 5,818 6,695 5,945 5,704 5,589 5,425 5,677
Net income 1 3,716 3,940 4,758 3,870 2,354 3,421 3,446 3,771
Net Debt 1 16,871 16,657 19,195 20,371 21,548 20,063 17,212 15,476
Reference price 2 47.80 42.90 42.94 31.46 25.04 20.19 20.19 20.19
Nbr of stocks (in thousands) 2,334,775 2,278,906 2,245,879 2,219,979 2,222,295 2,223,630 - -
Announcement Date 7/29/21 7/28/22 8/1/23 7/30/24 8/5/25 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution

P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
11.25x2.73x9.06x7.47% 17.95B
15.13x3.5x11.87x3.7% 11.94B
10.88x1.36x8.29x5.33% 8.74B
93.72x9.12x56.45x0.14% 5.77B
39.83x4.62x24.87x0.67% 3.92B
25.13x3.06x13.42x2.22% 2.55B
60.12x4.59x32.06x0.78% 2.06B
28.93x2.06x16.53x2.37% 1.19B
Average 35.62x 3.88x 21.57x 2.84% 6.76B
Weighted average by Cap. 25.81x 3.57x 16.99x 4.4%

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