Company Valuation: Dialight plc

Data adjusted to current consolidation scope
Fiscal Period: March 2022 2023 2024 2025 2026 2027 2028 2029
Market Cap 1 118 65.48 69.11 47.8 112 224.8 - -
Change - -44.48% 5.53% -30.83% 134.24% 100.73% - -
Enterprise Value (EV) 1 150.2 86.68 69.11 68.39 119.7 227 221.9 215.6
Change - -42.27% -20.28% -1.03% 75.02% 89.68% -2.28% -2.83%
P/E 303x - -2.46x -4.71x 371x 25.6x 22.5x 19.6x
PBR - - - 1.37x 3.21x 5.17x 4.34x 3.67x
PEG - - - 0.1x -4x 0x 1.6x 1.3x
Capitalization / Revenue 0.7x 0.44x 0.39x 0.35x 0.89x 1.71x 1.64x 1.57x
EV / Revenue 0.88x 0.58x 0.39x 0.5x 0.95x 1.72x 1.62x 1.51x
EV / EBITDA 12.2x 11x - 6.38x 8.01x 11.7x 10.5x 9.22x
EV / EBIT 30x - - 22x 15.4x 17x 14.9x 12.7x
EV / FCF -46.9x - - 18.1x 5.43x 37.5x 28.6x 23.4x
FCF Yield -2.13% - - 5.52% 18.4% 2.67% 3.49% 4.28%
Dividend per Share 2 - - - - - 0.0627 0.0708 0.0819
Rate of return - - - - - 1.12% 1.26% 1.46%
EPS 2 0.012 - -0.7095 -0.2548 0.00754 0.2192 0.2494 0.2871
Distribution rate - - - - - 28.6% 28.4% 28.5%
Net sales 1 169.7 148.8 176 135.9 125.9 131.8 137 142.9
EBITDA 1 12.3 7.9 - 10.71 14.94 19.34 21.11 23.39
EBIT 1 5 - - 3.111 7.77 13.36 14.91 16.97
Net income 1 0.4 - - -10.22 0.3018 8.93 10.11 11.66
Net Debt 1 32.2 21.2 - 20.59 7.729 2.288 -2.878 -9.151
Reference price 2 3.640 2.000 1.745 1.200 2.800 5.620 5.620 5.620
Nbr of stocks (in thousands) 32,405 32,741 39,603 39,835 39,989 39,993 - -
Announcement Date 3/27/23 2/19/24 7/31/24 6/24/25 6/23/26 - - -
1GBP in Million2GBP
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
27.52x - - 3.59% 1.73B
18.21x - - 2.78% 1.18B
37.41x8.49x22.34x - 1.12B
21.76x - - 2.33% 768M
Average 26.22x 8.49x 22.34x 2.9% 1.2B
Weighted average by Cap. 26.61x 8.49x 22.34x 3.07%

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