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 1,240 - -
Change - -10.02% 56.24% -17.27% -1.96% 35.18% - -
Enterprise Value (EV) 1 1,424 1,993 2,276 1,911 1,643 1,699 1,589 1,600
Change - 40.01% 14.19% -16.05% -14.02% 3.45% -6.49% 0.72%
P/E 1.82x 8.94x -75.2x 8x 8.2x 11.7x 11.6x 9.65x
PBR 1.32x 0.97x 1.78x 1.33x 1.29x 1.59x 1.42x 1.3x
PEG - -0.1x 1x -0x 16.81x -4.02x 11.6x 0.5x
Capitalization / Revenue 0.18x 0.15x 0.24x 0.18x 0.19x 0.29x 0.59x 0.57x
EV / Revenue 0.31x 0.42x 0.48x 0.38x 0.35x 0.4x 0.75x 0.73x
EV / EBITDA 1.95x 2.61x 3.04x 2.45x 2.34x 2.73x 4.86x 4.72x
EV / EBIT 13.4x 12.4x 11.1x 8.58x 7.49x 8.63x 10.2x 9.23x
EV / FCF -7.65x 5.03x 6.97x 3.17x 4.39x 13.8x 10.6x 13.1x
FCF Yield -13.1% 19.9% 14.3% 31.6% 22.8% 7.26% 9.44% 7.65%
Dividend per Share 2 0.011 0.038 0.055 0.065 0.072 0.0738 0.0756 0.0785
Rate of return 1% 3.73% 3.05% 3.96% 4.26% 3.15% 3.22% 3.35%
EPS 2 0.602 0.114 -0.024 0.205 0.206 0.2 0.202 0.243
Distribution rate 1.83% 33.3% -229% 31.7% 35% 36.9% 37.4% 32.3%
Net sales 1 4,592 4,755 4,715 5,066 4,752 4,224 2,105 2,181
EBITDA 1 731.2 762.4 748.6 780.4 700.8 623 327.2 339.2
EBIT 1 106.1 161 204.3 222.8 219.4 197 156.1 173.4
Net income 1 636.4 87.1 -15.9 127.5 118.3 144 101.5 114.5
Net Debt 1 619 1,269 1,145 974.8 725.3 459.3 348.9 360.3
Reference price 2 1.095 1.019 1.804 1.640 1.689 2.344 2.344 2.344
Nbr of stocks (in thousands) 734,762 710,477 627,001 570,558 543,129 529,055 - -
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.($)
11.72x0.4x2.73x3.15% 1.66B
15.34x2.74x10.16x2.37% 26.31B
10.56x5.14x15.56x3.93% 26.48B
7.64x3.92x8.15x0.83% 23.81B
-42.5x0.34x30.55x-.--% 13.57B
13.5x1.6x8.16x3.12% 8.93B
13.11x1.98x12.45x2.18% 6.84B
10.03x1.96x10.94x2% 5.74B
6.77x1.3x4.12x8.12% 5.5B
16.53x4.19x11.71x3.06% 5.31B
Average 6.27x 2.36x 11.45x 2.88% 12.42B
Weighted average by Cap. 5.64x 3.02x 12.87x 2.47%

Y-o-Y evolution of P/E

Valuation ratios - P/E - FirstGroup plc

Historical PBR trend

Valuation ratios - PBR - FirstGroup plc

Evolution Enterprise Value / Sales

Valuation ratios - VE_REV - FirstGroup plc

Change in Enterprise Value/EBITDA

Valuation ratios - VE_EBITDA - FirstGroup plc


Year-on-year evolution of the Yield

Valuation ratios - Yield - FirstGroup plc
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