Company Valuation: Foresight Enterprise VCT Plc

Data adjusted to current consolidation scope
Fiscal Period: December 2019 2020 2021 2022 2023 2024
Market Cap 1 118.4 101.8 118.6 124.8 160.5 150.9
Change - -14.05% 16.51% 5.24% 28.58% -5.95%
Enterprise Value (EV) 1 85.23 73.91 110.5 99.98 112.6 100
Change - -13.28% 49.5% -9.52% 12.64% -11.16%
P/E 30x 4.34x 5.51x 18.7x 15.9x 12x
PBR 0.89x 0.85x 0.89x 0.9x 0.95x 0.93x
PEG - 0x -0.72x -0.3x 0.6x 1.74x
Capitalization / Revenue 21.4x 3.85x 710x 12.6x 11.1x 8.51x
EV / Revenue 15.4x 2.8x 662x 10.1x 7.79x 5.64x
EV / EBITDA - - - - - -
EV / EBIT 28.8x 3.15x -144x 16.1x 12.4x 8.77x
EV / FCF -17.8x -167x -47.5x 32.1x 17.9x 18.9x
FCF Yield -5.61% -0.6% -2.11% 3.11% 5.58% 5.3%
Dividend per Share 2 0.04 0.0373 0.042 0.035 0.033 0.033
Rate of return 6.61% 7.11% 6.83% 5.98% 5.28% 6.53%
EPS 2 0.0201 0.1208 0.1115 0.0313 0.0393 0.042
Distribution rate 199% 30.9% 37.7% 112% 84% 78.6%
Net sales 1 5.522 26.42 0.167 9.899 14.45 17.74
EBITDA - - - - - -
EBIT 1 2.962 23.45 -0.765 6.222 9.06 11.41
Net income 1 2.962 23.45 -0.836 6.222 9.06 11.41
Net Debt 1 -33.18 -27.86 -8.076 -24.81 -47.84 -50.86
Reference price 2 0.6050 0.5250 0.6150 0.5850 0.6250 0.5050
Nbr of stocks (in thousands) 195,726 193,859 192,807 213,316 256,728 298,828
Announcement Date 7/9/19 4/23/21 12/6/22 7/8/23 6/12/24 6/30/25
1GBP in Million2GBP
Estimates

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
- - - - 227M
12.29x2.01x17.38x4.91% 3.42B
9.25x - - 10.32% 2.96B
6.27x3.88x5.11x-.--% 1.26B
Average 9.27x 2.95x 11.25x 5.08% 1.97B
Weighted average by Cap. 10.12x 2.51x 14.08x 6.2%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

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