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 14,994 - -
Change - -11.44% 6.08% 9.14% 47.28% 4.44% - -
Enterprise Value (EV) 1 9,782 9,016 9,585 10,284 15,126 15,460 15,108 14,707
Change - -7.83% 6.3% 7.29% 47.09% 2.21% -2.27% -2.65%
P/E 38.9x 35.9x 33.4x 33x 38.7x 34.5x 31.6x 28.4x
PBR 6.77x 5.27x 5.15x 5.13x 6.62x 6.4x 5.41x 4.66x
PEG - -9.27x 2.3x 3.3x 1.5x 2x 3.52x 2.5x
Capitalization / Revenue 6.23x 4.54x 4.39x 4.34x 5.56x 5.14x 4.77x 4.35x
EV / Revenue 6.41x 4.87x 4.71x 4.57x 5.86x 5.3x 4.81x 4.27x
EV / EBITDA 26.2x 20.9x 19.8x 18.6x 22.9x 21.2x 19.1x 16.6x
EV / EBIT 30.1x 23.8x 22.6x 21.1x 25.5x 23.2x 21x 18.6x
EV / FCF 46.4x 42.4x 28.6x 23.7x 36.8x 35x 31x 27.1x
FCF Yield 2.15% 2.36% 3.5% 4.22% 2.71% 2.86% 3.22% 3.69%
Dividend per Share 2 0.1888 0.202 0.2161 0.2312 0.2474 0.2637 0.2925 0.3149
Rate of return 0.75% 0.91% 0.91% 0.9% 0.65% 0.66% 0.74% 0.79%
EPS 2 0.6454 0.6204 0.7096 0.7814 0.9817 1.151 1.254 1.396
Distribution rate 29.3% 32.6% 30.5% 29.6% 25.2% 22.9% 23.3% 22.6%
Net sales 1 1,525 1,853 2,034 2,248 2,582 2,920 3,142 3,443
EBITDA 1 373.8 431.7 483.1 552.8 661.5 729.6 790.9 883.8
EBIT 1 324.7 378.2 424.3 486.6 593.4 666.3 719.8 792.6
Net income 1 244.4 288.4 268.8 296.4 372.3 434.6 474.9 523.5
Net Debt 1 274.8 596.7 653.2 535.8 769.1 466.3 114.6 -286.4
Reference price 2 25.10 22.29 23.68 25.81 38.02 39.70 39.70 39.70
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.($)
34.26x5.26x21.05x0.67% 19.78B
38.88x13.47x24.8x0.75% 122B
68.48x10x48.13x1.09% 58.92B
37.39x1.75x19.97x-.--% 56.25B
30.8x2.51x12.05x1.08% 43.24B
37.36x2.32x16.58x1.44% 30.76B
32.62x4.93x19.69x-.--% 30.63B
9.15x5.28x10.16x2.15% 22.44B
43.15x2.24x20.44x0.39% 20.16B
25.6x0.9x10.1x0.3% 13.84B
Average 35.77x 4.87x 20.30x 0.79% 41.79B
Weighted average by Cap. 39.40x 7.04x 23.48x 0.77%

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