Company Valuation: Greggs plc

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 3,342 2,387 2,673 2,801 1,708 2,119 - -
Change - -28.59% 12% 4.77% -39.02% 24.05% - -
Enterprise Value (EV) 1 3,427 2,497 2,798 3,091 2,112 2,529 2,519 2,495
Change - -27.15% 12.06% 10.48% -31.67% 19.73% -0.38% -0.96%
P/E 28.8x 20.1x 18.9x 18.4x 14.1x 16.2x 15.9x 14.8x
PBR 7.9x 5.41x 5.08x 4.96x - 3.06x 2.82x 2.57x
PEG - 7.18x 1x 2.46x -0.7x 2.23x 7.41x 2.02x
Capitalization / Revenue 2.72x 1.58x 1.48x 1.39x 0.79x 0.92x 0.87x 0.82x
EV / Revenue 2.79x 1.65x 1.55x 1.53x 0.98x 1.1x 1.03x 0.96x
EV / EBITDA 13.2x 9.25x 9.43x 9.22x 6.07x 6.7x 6.32x 5.86x
EV / EBIT 22.4x 16.2x 16.3x 15.8x 11.3x 12.8x 12.5x 11.5x
EV / FCF 14.8x 16.8x 24.8x 44.2x 40.9x 24.6x 18.4x 16.7x
FCF Yield 6.75% 5.94% 4.03% 2.26% 2.44% 4.07% 5.44% 5.99%
Dividend per Share 2 0.57 0.59 0.62 0.69 0.69 0.6977 0.7114 0.7413
Rate of return 1.73% 2.5% 2.35% 2.5% 4.1% 3.36% 3.42% 3.57%
EPS 2 1.143 1.175 1.392 1.496 1.193 1.28 1.307 1.403
Distribution rate 49.9% 50.2% 44.5% 46.1% 57.8% 54.5% 54.4% 52.8%
Net sales 1 1,230 1,513 1,810 2,014 2,151 2,302 2,447 2,598
EBITDA 1 260.6 269.9 296.7 335.3 348.1 377.3 398.5 425.5
EBIT 1 153.2 154.4 171.7 195.3 187.5 197.1 201.8 216.2
Net income 1 117.5 120.3 142.5 153.4 122.2 131 133.8 141.6
Net Debt 1 84.6 109.7 124.3 289.8 404 409.9 400.2 376.2
Reference price 2 32.94 23.58 26.36 27.60 16.83 20.78 20.78 20.78
Nbr of stocks (in thousands) 101,470 101,224 101,415 101,480 101,480 101,955 - -
Announcement Date 3/8/22 3/7/23 3/5/24 3/4/25 3/3/26 - - -
1GBP in Million2GBP
Estimates

P/E, Detailed evolution



P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
18.17x7.24x13.11x3.23% 164B
42.59x3.36x21.82x2.62% 110B
22.55x1.15x11.34x2.46% 51.01B
27.44x3.4x19.27x-.--% 39.1B
14.96x5.56x16.58x2.16% 38.16B
15.71x3.7x11.53x3.67% 24.5B
18.08x1.85x11.16x3.18% 22.98B
30.68x0.96x12.4x0.86% 14.62B
13.75x0.98x6.41x2.92% 13.83B
Average 22.66x 3.13x 13.74x 2.34% 53.14B
Weighted average by Cap. 24.86x 4.44x 15.31x 2.6%

Y-o-Y evolution of P/E

Valuation ratios - P/E - Greggs plc

Historical PBR trend

Valuation ratios - PBR - Greggs plc

Evolution Enterprise Value / Sales

Valuation ratios - VE_REV - Greggs plc

Change in Enterprise Value/EBITDA

Valuation ratios - VE_EBITDA - Greggs plc


Year-on-year evolution of the Yield

Valuation ratios - Yield - Greggs plc