Company Valuation: FDM Group (Holdings) plc

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 1,389 817.8 500.6 343.7 146.5 115.3 - -
Change - -41.12% -38.79% -31.35% -57.37% -21.33% - -
Enterprise Value (EV) 1 1,336 772.3 453.4 303.1 111.2 83.03 83.57 81.23
Change - -42.18% -41.29% -33.15% -63.3% -25.35% 0.65% -2.8%
P/E 44.2x 23.6x 12.3x 16.8x 25.8x 13.2x 10.2x 8.4x
PBR 17.8x 9.83x 6.55x 5.13x 2.81x 2.17x 2.15x 1.99x
PEG - 2.3x 0.7x -0.3x -0.4x 0.2x 0.3x 0.4x
Capitalization / Revenue 5.2x 2.48x 1.5x 1.33x 0.82x 0.7x 0.65x 0.59x
EV / Revenue 5x 2.34x 1.36x 1.18x 0.63x 0.51x 0.47x 0.42x
EV / EBITDA 25x 13.2x 8.19x 7.81x 5.94x 4.58x 3.85x 3.33x
EV / EBIT 28.2x 14.8x 9.14x 9.07x 8.18x 6.71x 5.28x 4.24x
EV / FCF 32.4x 21.9x 9.16x 10.5x 5.39x 13.4x 5.41x 4.25x
FCF Yield 3.09% 4.56% 10.9% 9.54% 18.6% 7.47% 18.5% 23.5%
Dividend per Share 2 0.33 0.36 0.36 0.225 0.1 0.0975 0.1133 0.1225
Rate of return 2.59% 4.81% 7.85% 7.14% 7.46% 9.29% 10.8% 11.7%
EPS 2 0.288 0.318 0.372 0.187 0.052 0.0796 0.1031 0.125
Distribution rate 115% 113% 96.8% 120% 192% 122% 110% 98%
Net sales 1 267.4 330 334 257.7 177.7 163.6 178.2 194.7
EBITDA 1 53.46 58.62 55.34 38.8 18.71 18.11 21.69 24.38
EBIT 1 47.3 52.2 49.6 33.4 13.6 12.37 15.84 19.17
Net income 1 31.83 34.91 40.76 20.51 5.669 8.742 11.39 13.81
Net Debt 1 -53.12 -45.52 -47.23 -40.59 -35.28 -32.23 -31.69 -34.03
Reference price 2 12.720 7.490 4.585 3.150 1.340 1.050 1.050 1.050
Nbr of stocks (in thousands) 109,192 109,192 109,192 109,104 109,333 109,772 - -
Announcement Date 3/17/22 3/24/23 4/3/24 3/19/25 3/18/26 - - -
1GBP in Million2GBP
Estimates

P/E, Detailed evolution



P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
13.84x0.54x4.9x8.85% 161M
22.72x3.71x12.97x2.92% 218B
-131.98x18.41x102.07x-.--% 119B
13.62x1.5x7.9x3.51% 112B
13.63x2.48x9.35x6.03% 79.67B
19.12x5.07x12.46x2.97% 56.86B
22.36x1.83x11.42x1.31% 43.86B
13.5x1.95x8.26x5.77% 43.61B
21.06x1.6x10.17x0.89% 40.55B
17.31x2.21x10.58x4.98% 35.96B
Average 2.52x 3.93x 19.01x 3.72% 74.97B
Weighted average by Cap. -5.27x 5.28x 25.25x 2.94%

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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