Company Valuation: IMI plc

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 4,519 3,335 4,352 4,643 6,101 6,974 - -
Change - -26.19% 30.49% 6.67% 31.41% 14.31% - -
Enterprise Value (EV) 1 5,139 4,147 4,991 5,191 6,634 7,543 7,302 7,066
Change - -19.29% 20.34% 4% 27.81% 13.71% -3.2% -3.23%
P/E 23.7x 14.8x 18.5x 19x 20.1x 22.6x 20.9x 19.2x
PBR 5.97x 3.69x 4.25x 4.34x 5.59x 6.98x 5.42x 4.41x
PEG - 0.8x 4.03x 3.94x 0.7x 4.5x 2.55x 2.21x
Capitalization / Revenue 2.42x 1.63x 1.98x 2.1x 2.65x 2.94x 2.85x 2.73x
EV / Revenue 2.75x 2.02x 2.27x 2.35x 2.88x 3.18x 2.98x 2.77x
EV / EBITDA 12.7x 9.08x 9.92x 9.86x 12.1x 13.3x 12.3x 11.4x
EV / EBIT 16.2x 11.4x 12.2x 11.9x 14.4x 15.8x 14.6x 13.2x
EV / FCF 24.3x 19.5x 17.6x 18.5x 20.9x 24x 22.1x 20.1x
FCF Yield 4.12% 5.12% 5.68% 5.4% 4.77% 4.17% 4.53% 4.97%
Dividend per Share 2 0.237 0.257 0.283 0.311 0.342 0.3634 0.396 0.4272
Rate of return 1.37% 2% 1.68% 1.71% 1.37% 1.24% 1.35% 1.45%
EPS 2 0.732 0.872 0.912 0.956 1.238 1.3 1.407 1.529
Distribution rate 32.4% 29.5% 31% 32.5% 27.6% 28% 28.2% 27.9%
Net sales 1 1,866 2,049 2,196 2,210 2,304 2,369 2,446 2,550
EBITDA 1 403.5 457 503.2 526.3 549.5 567.6 592.5 620.7
EBIT 1 318 363.8 410.6 435.5 460.1 476.1 501.5 534
Net income 1 196.3 226.3 237.3 248.5 309.9 304.9 326.8 354
Net Debt 1 619.9 812 638.6 547.7 532.8 569 327.9 92.12
Reference price 2 17.36 12.88 16.84 18.21 24.88 29.40 29.40 29.40
Nbr of stocks (in thousands) 260,311 258,957 258,455 254,960 245,217 237,222 - -
Announcement Date 2/25/22 3/3/23 3/1/24 2/28/25 3/6/26 - - -
1GBP in Million2GBP
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
35.38x6.07x22.6x0.76% 121B
33.82x6.31x21.65x1.79% 41.81B
33.36x4.3x15.88x0.11% 31.54B
21.02x1.73x12.82x2.31% 29.79B
23.63x3.45x14.88x1% 28.78B
28.75x4.75x17x1.39% 28.52B
113.27x7.7x40.51x - 27.71B
25.92x3.11x13.54x1.45% 28.08B
26.9x3.47x16.54x1.69% 24.76B
Average 38.00x 4.54x 19.49x 1.31% 40.27B
Weighted average by Cap. 37.03x 4.99x 20.30x 1.17%

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