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 49,346 - -
Change - -12.4% -1.36% -27.58% -20.31% -11.34% - -
Enterprise Value (EV) 1 128,474 114,424 115,633 90,216 77,204 69,587 66,626 64,767
Change - -10.94% 1.06% -21.98% -14.42% -9.87% -4.26% -2.79%
P/E 30.2x 25.3x 20.5x 18.2x 23.7x 14.4x 14.4x 13.1x
PBR 11.6x 10.3x 9.77x 7.01x 5.02x 3.82x 3.25x 2.82x
PEG - 3.64x 0.9x -1x -0.6x 0.3x 77.16x 1.35x
Capitalization / Revenue 6.27x 5.22x 4.42x 3.45x 2.75x 2.51x 2.56x 2.49x
EV / Revenue 7.22x 6.11x 5.3x 4.45x 3.81x 3.55x 3.46x 3.26x
EV / EBITDA 21.9x 16.8x 14.8x 12.8x 11.6x 10.9x 10.8x 10.1x
EV / EBIT 24.6x 19.7x 17.3x 15.2x 13.5x 12.5x 12.5x 11.5x
EV / FCF 30.4x 33.2x 32.9x 34.8x 28.1x 23x 20.5x 18.6x
FCF Yield 3.29% 3.01% 3.04% 2.88% 3.56% 4.36% 4.88% 5.37%
Dividend per Share 2 1.013 0.9239 1.019 1.035 1.035 0.5361 0.5548 0.5935
Rate of return 2.12% 2.15% 2.37% 3.29% 4.13% 2.41% 2.49% 2.67%
EPS 2 1.584 1.694 2.095 1.728 1.057 1.543 1.546 1.696
Distribution rate 64% 54.5% 48.7% 59.9% 97.9% 34.7% 35.9% 35%
Net sales 1 17,787 18,740 21,807 20,269 20,245 19,622 19,261 19,838
EBITDA 1 5,857 6,822 7,799 7,037 6,645 6,360 6,154 6,418
EBIT 1 5,233 5,818 6,695 5,945 5,704 5,566 5,346 5,608
Net income 1 3,716 3,940 4,758 3,870 2,354 3,399 3,391 3,713
Net Debt 1 16,871 16,657 19,195 20,371 21,548 20,241 17,280 15,421
Reference price 2 47.80 42.90 42.94 31.46 25.04 22.24 22.24 22.24
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 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
12.34x2.88x9.58x6.89% 19.44B
17.23x3.86x13.24x3.29% 13.33B
11.07x1.37x8.38x5.24% 8.85B
69.89x8.27x44.73x0.29% 6.01B
40.4x4.68x25.19x0.66% 3.98B
28.15x3.35x14.89x1.91% 2.89B
31.17x2.2x17.69x2.19% 1.27B
22.45x - - 3.83% 999M
Average 29.09x 3.80x 19.10x 3.04% 7.1B
Weighted average by Cap. 22.75x 3.59x 15.63x 4.24%

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