Company Valuation: Halma plc

Data adjusted to current consolidation scope
Fiscal Period: March 2022 2023 2024 2025 2026 2027 2028 2029
Market Cap 1 9,507 8,420 8,931 9,748 14,357 14,337 - -
Change - -11.44% 6.08% 9.14% 47.28% -0.14% - -
Enterprise Value (EV) 1 9,782 9,016 9,585 10,284 15,126 14,843 14,497 14,050
Change - -7.83% 6.3% 7.29% 47.09% -1.87% -2.34% -3.08%
P/E 38.9x 35.9x 33.4x 33x 38.7x 33.2x 30.1x 27.6x
PBR 6.77x 5.27x 5.15x 5.13x 6.62x 5.96x 5.14x 4.35x
PEG - -9.27x 2.3x 3.3x 1.5x 2x 2.9x 2.99x
Capitalization / Revenue 6.23x 4.54x 4.39x 4.34x 5.56x 4.9x 4.53x 4.15x
EV / Revenue 6.41x 4.87x 4.71x 4.57x 5.86x 5.07x 4.58x 4.07x
EV / EBITDA 26.2x 20.9x 19.8x 18.6x 22.9x 20.3x 18.2x 15.9x
EV / EBIT 30.1x 23.8x 22.6x 21.1x 25.5x 22.2x 20x 17.7x
EV / FCF 46.4x 42.4x 28.6x 23.7x 36.8x 35.5x 30.3x 27.1x
FCF Yield 2.15% 2.36% 3.5% 4.22% 2.71% 2.81% 3.3% 3.69%
Dividend per Share 2 0.1888 0.202 0.2161 0.2312 0.2474 0.264 0.2914 0.3136
Rate of return 0.75% 0.91% 0.91% 0.9% 0.65% 0.7% 0.77% 0.83%
EPS 2 0.6454 0.6204 0.7096 0.7814 0.9817 1.144 1.261 1.378
Distribution rate 29.3% 32.6% 30.5% 29.6% 25.2% 23.1% 23.1% 22.8%
Net sales 1 1,525 1,853 2,034 2,248 2,582 2,927 3,164 3,455
EBITDA 1 373.8 431.7 483.1 552.8 661.5 732.3 795.7 881.5
EBIT 1 324.7 378.2 424.3 486.6 593.4 668.6 724.7 795.4
Net income 1 244.4 288.4 268.8 296.4 372.3 432.9 476.7 517.8
Net Debt 1 274.8 596.7 653.2 535.8 769.1 506.5 159.9 -286.4
Reference price 2 25.10 22.29 23.68 25.81 38.02 37.96 37.96 37.96
Nbr of stocks (in thousands) 378,775 377,732 377,174 377,683 377,614 377,678 - -
Announcement Date 6/16/22 6/15/23 6/13/24 6/12/25 6/11/26 - - -
1GBP in Million2GBP
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
37.77x13.34x24.45x0.73% 131B
29.81x1.38x15.76x-.--% 45.31B
49.75x7.46x35x1.59% 45.78B
23.58x1.97x9.44x1.34% 36.1B
32.9x2.29x15.88x1.46% 31.39B
32.9x5.02x20.01x-.--% 31.87B
10.92x6.08x16.95x1.39% 27.27B
33.23x5.08x20.3x0.69% 19.32B
24.47x3.14x13.07x-.--% 17.23B
Average 30.59x 5.08x 18.99x 0.8% 42.8B
Weighted average by Cap. 33.41x 7.20x 20.96x 0.81%

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