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 44,816 - -
Change - -12.4% -1.36% -27.58% -20.31% -19.48% - -
Enterprise Value (EV) 1 128,474 114,424 115,633 90,216 77,204 64,854 62,075 60,326
Change - -10.94% 1.06% -21.98% -14.42% -16% -4.29% -2.82%
P/E Ratio 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 3.48x 2.95x 2.53x
PEG - 3.64x 0.9x -1x -0.6x 0.3x 8.44x 1.25x
Capitalization / Revenue 6.27x 5.22x 4.42x 3.45x 2.75x 2.28x 2.31x 2.24x
EV / Revenue 7.22x 6.11x 5.3x 4.45x 3.81x 3.3x 3.2x 3.02x
EV / EBITDA 21.9x 16.8x 14.8x 12.8x 11.6x 10.2x 9.96x 9.29x
EV / EBIT 24.6x 19.7x 17.3x 15.2x 13.5x 11.6x 11.4x 10.6x
EV / FCF 30.4x 33.2x 32.9x 34.8x 28.1x 21.2x 18x 16.8x
FCF Yield 3.29% 3.01% 3.04% 2.88% 3.56% 4.72% 5.56% 5.96%
Dividend per Share 2 1.013 0.9239 1.019 1.035 1.035 0.5362 0.5601 0.6004
Rate of return 2.12% 2.15% 2.37% 3.29% 4.13% 2.64% 2.76% 2.95%
EPS 2 1.584 1.694 2.095 1.728 1.057 1.547 1.57 1.719
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 19,635 19,413 20,005
EBITDA 1 5,857 6,822 7,799 7,037 6,645 6,379 6,233 6,493
EBIT 1 5,233 5,818 6,695 5,945 5,704 5,593 5,443 5,691
Net income 1 3,716 3,940 4,758 3,870 2,354 3,426 3,466 3,788
Net Debt 1 16,871 16,657 19,195 20,371 21,548 20,038 17,259 15,510
Reference price 2 47.80 42.90 42.94 31.46 25.04 20.33 20.33 20.33
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 Ratio, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
13.14x3.32x10.23x2.64% 45.2B
11.44x2.75x9.12x7.36% 18.49B
15.84x3.63x12.31x3.52% 12.46B
10.3x1.31x8x5.63% 8.42B
80.82x7.87x48.72x0.17% 4.99B
36.81x4.32x26.07x0.88% 4B
26.95x3.25x14.45x2.68% 2.7B
30.94x2.21x17.66x2.22% 1.29B
23.26x - - 3.5% 1.09B
Average 27.72x 3.58x 18.32x 3.18% 10.96B
Weighted average by Cap. 18.03x 3.34x 12.92x 3.7%

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

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