Company Valuation: Fevertree Drinks PLC

Data adjusted to current consolidation scope
Fiscal Period: December 2020 2021 2022 2023 2024 2025 2026 2027
Capitalization 1 2,944 3,153 1,202 1,224 786.8 1,011 1,011 -
Change - 7.08% -61.88% 1.85% -35.72% 28.54% 0% -
Enterprise Value (EV) 1 2,801 2,986 1,106 1,164 690.8 912.7 918.5 906
Change - 6.61% -62.95% 5.21% -40.66% 32.12% 0.64% -1.36%
P/E ratio 70.7x 70.8x 48.4x 79.6x 32.3x 41.2x 33.3x 23.9x
PBR 11.7x 11.2x 5.02x 5.15x 3.2x 4.46x 4.36x 4.06x
PEG - 10.42x -1.1x -2.1x 0.6x 22.97x 1.4x 0.6x
Capitalization / Revenue 11.7x 10.1x 3.49x 3.36x 2.14x 2.71x 2.47x 2.26x
EV / Revenue 11.1x 9.6x 3.21x 3.19x 1.87x 2.44x 2.24x 2.02x
EV / EBITDA 49.1x 47.4x 27.9x 38.2x 13.6x 20.6x 18.2x 13.9x
EV / EBIT 54.6x 53.7x 36.2x 56x 18.3x 28.5x 23.7x 17.3x
EV / FCF 78.9x 69.1x 284x -224x 11.2x 21.7x 24.4x 17.3x
FCF Yield 1.27% 1.45% 0.35% -0.45% 8.95% 4.6% 4.1% 5.77%
Dividend per Share 2 0.1568 0.1599 0.1631 0.1664 0.1697 0.1707 0.1805 0.2136
Rate of return 0.62% 0.59% 1.58% 1.59% 2.52% 1.95% 2.06% 2.44%
EPS 2 0.3576 0.3819 0.2132 0.1318 0.2085 0.2122 0.2627 0.3665
Distribution rate 43.8% 41.9% 76.5% 126% 81.4% 80.4% 68.7% 58.3%
Net sales 1 252.1 311.1 344.3 364.4 368.5 373.5 410.1 448.1
EBITDA 1 57 63 39.7 30.5 50.7 44.22 50.57 65.11
EBIT 1 51.3 55.6 30.6 20.8 37.8 32.03 38.71 52.29
Net income 1 41.7 44.6 24.9 15.4 24.4 24.98 30.83 42.21
Net Debt 1 -143.1 -166.2 -95.3 -59.9 -96 -98.66 -92.83 -105.3
Reference price 2 25.270 27.050 10.310 10.490 6.740 8.750 8.750 8.750
Nbr of stocks (in thousands) 116,514 116,550 116,564 116,687 116,738 115,581 115,581 -
Announcement Date 3/18/21 3/16/22 3/22/23 3/26/24 3/25/25 - - -
1GBP in Million2GBP
Estimates

P/E ratio, Detailed evolution

P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
41.7x2.47x20.9x1.93% 1.37B
13.76x3.54x10.91x4.68% 49.27B
12.75x2.94x9.82x6.2% 21.86B
16.19x3.73x12.09x3.5% 12.27B
10.35x1.29x8.05x5.51% 8.97B
69.08x6.48x41.63x0.21% 4.27B
40.76x4.75x25.38x1.21% 4.24B
24.2x3.02x13.39x2.86% 2.47B
50.6x - - 0.96% 1.46B
Average 31.04x 3.53x 17.77x 3.01% 11.8B
Weighted average by Cap. 17.95x 3.39x 12.60x 4.48%
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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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