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 1,131 935.7 917.3 968.5 - -
Change - -10.02% 56.24% -17.27% -1.96% 5.58% - -
Enterprise Value (EV) 1 1,424 1,993 2,276 1,911 1,643 1,666 1,359 1,358
Change - 40.01% 14.19% -16.05% -14.02% 1.39% -18.43% -0.01%
P/E 1.82x 8.94x -75.2x 8x 8.2x 9.02x 8.97x 7.2x
PBR 1.32x 0.97x 1.78x 1.33x 1.29x 1.24x 1.1x 0.95x
PEG - -0.1x 1x -0x 16.81x -2.32x 17.76x 0.3x
Capitalization / Revenue 0.18x 0.15x 0.24x 0.18x 0.19x 0.24x 0.43x 0.44x
EV / Revenue 0.31x 0.42x 0.48x 0.38x 0.35x 0.42x 0.6x 0.62x
EV / EBITDA 1.95x 2.61x 3.04x 2.45x 2.34x 2.61x 3.79x 3.81x
EV / EBIT 13.4x 12.4x 11.1x 8.58x 7.49x 8.28x 8.28x 7.81x
EV / FCF -7.65x 5.03x 6.97x 3.17x 4.39x 15.1x 10.4x 12x
FCF Yield -13.1% 19.9% 14.3% 31.6% 22.8% 6.6% 9.59% 8.36%
Dividend per Share 2 0.011 0.038 0.055 0.065 0.072 0.0722 0.0737 0.089
Rate of return 1% 3.73% 3.05% 3.96% 4.26% 4.04% 4.13% 4.99%
EPS 2 0.602 0.114 -0.024 0.205 0.206 0.198 0.199 0.248
Distribution rate 1.83% 33.3% -229% 31.7% 35% 36.5% 37% 35.9%
Net sales 1 4,592 4,755 4,715 5,066 4,752 3,965 2,247 2,190
EBITDA 1 731.2 762.4 748.6 780.4 700.8 637.5 358.5 356.9
EBIT 1 106.1 161 204.3 222.8 219.4 201.1 164.1 173.9
Net income 1 636.4 87.1 -15.9 127.5 118.3 115 107 124
Net Debt 1 619 1,269 1,145 974.8 725.3 697 390 389.8
Reference price 2 1.095 1.019 1.804 1.640 1.689 1.785 1.785 1.785
Nbr of stocks (in thousands) 734,762 710,477 627,001 570,558 543,129 542,600 - -
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 (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
16.64x4.18x11.6x2.99% 5.32B
14.17x0.68x4.74x5.87% 2.25B
-20.97x7.86x22.09x0.87% 1B
3.92x1.56x4.61x4.8% 231M
24.75x2.88x9.76x2% 208M
Average 7.71x 3.43x 10.56x 3.31% 1.8B
Weighted average by Cap. 11.69x 3.62x 10.83x 3.49%

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