Company Valuation: FirstGroup plc

Data adjusted to current consolidation scope
Fiscal Period: March 2022 2023 2024 2025 2026 2027 2028 2029
Market Cap 1 804.6 724 1,131 935.7 917.3 967.9 - -
Change - -10.02% 56.24% -17.27% -1.96% 5.51% - -
Enterprise Value (EV) 1 1,424 1,993 2,276 1,911 1,643 1,506 1,410 1,358
Change - 40.01% 14.19% -16.05% -14.02% -8.34% -6.38% -3.68%
P/E 1.82x 8.94x -75.2x 8x 8.2x 9.08x 9.58x 7.34x
PBR 1.32x 0.97x 1.78x 1.33x 1.29x 1.28x 1.12x 0.97x
PEG - -0.1x 1x -0x 16.81x -3.4x -1.83x 0.2x
Capitalization / Revenue 0.18x 0.15x 0.24x 0.18x 0.19x 0.23x 0.46x 0.44x
EV / Revenue 0.31x 0.42x 0.48x 0.38x 0.35x 0.36x 0.67x 0.62x
EV / EBITDA 1.95x 2.61x 3.04x 2.45x 2.34x 2.31x 4.27x 3.8x
EV / EBIT 13.4x 12.4x 11.1x 8.58x 7.49x 7.43x 8.72x 7.81x
EV / FCF -7.65x 5.03x 6.97x 3.17x 4.39x 13.7x 9.9x 11.9x
FCF Yield -13.1% 19.9% 14.3% 31.6% 22.8% 7.31% 10.1% 8.37%
Dividend per Share 2 0.011 0.038 0.055 0.065 0.072 0.0707 0.072 0.089
Rate of return 1% 3.73% 3.05% 3.96% 4.26% 3.88% 3.96% 4.89%
EPS 2 0.602 0.114 -0.024 0.205 0.206 0.2005 0.19 0.248
Distribution rate 1.83% 33.3% -229% 31.7% 35% 35.3% 37.9% 35.9%
Net sales 1 4,592 4,755 4,715 5,066 4,752 4,206 2,093 2,190
EBITDA 1 731.2 762.4 748.6 780.4 700.8 651.5 330.5 356.9
EBIT 1 106.1 161 204.3 222.8 219.4 202.6 161.7 173.9
Net income 1 636.4 87.1 -15.9 127.5 118.3 114 99.5 124
Net Debt 1 619 1,269 1,145 974.8 725.3 537.8 441.7 389.8
Reference price 2 1.095 1.019 1.804 1.640 1.689 1.820 1.820 1.820
Nbr of stocks (in thousands) 734,762 710,477 627,001 570,558 543,129 531,830 - -
Announcement Date 6/14/22 6/8/23 6/11/24 6/10/25 6/18/26 - - -
1GBP in Million2GBP
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
16.34x4.14x11.5x3.04% 5.19B
13.96x0.68x4.68x5.96% 2.21B
-21.97x8.05x22.27x0.83% 1.04B
3.86x1.55x4.59x4.89% 227M
Average 3.05x 3.60x 10.76x 3.68% 2.17B
Weighted average by Cap. 10.80x 3.66x 10.87x 3.57%

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