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 6,959 - -
Change - -26.19% 30.49% 6.67% 31.41% 14.06% - -
Enterprise Value (EV) 1 5,139 4,147 4,991 5,191 6,634 7,492 7,284 7,014
Change - -19.29% 20.34% 4% 27.81% 12.93% -2.77% -3.7%
P/E 23.7x 14.8x 18.5x 19x 20.1x 22.3x 20.4x 18.8x
PBR 5.97x 3.69x 4.25x 4.34x 5.59x 7.07x 5.64x 4.5x
PEG - 0.8x 4.03x 3.94x 0.7x 3.58x 2.2x 2.16x
Capitalization / Revenue 2.42x 1.63x 1.98x 2.1x 2.65x 2.93x 2.83x 2.71x
EV / Revenue 2.75x 2.02x 2.27x 2.35x 2.88x 3.16x 2.96x 2.73x
EV / EBITDA 12.7x 9.08x 9.92x 9.86x 12.1x 13.1x 12.2x 11.1x
EV / EBIT 16.2x 11.4x 12.2x 11.9x 14.4x 15.7x 14.5x 13.1x
EV / FCF 24.3x 19.5x 17.6x 18.5x 20.9x 21.5x 22x 20x
FCF Yield 4.12% 5.12% 5.68% 5.4% 4.77% 4.65% 4.55% 5.01%
Dividend per Share 2 0.237 0.257 0.283 0.311 0.342 0.3677 0.399 0.4288
Rate of return 1.37% 2% 1.68% 1.71% 1.37% 1.25% 1.36% 1.46%
EPS 2 0.732 0.872 0.912 0.956 1.238 1.315 1.437 1.562
Distribution rate 32.4% 29.5% 31% 32.5% 27.6% 28% 27.8% 27.4%
Net sales 1 1,866 2,049 2,196 2,210 2,304 2,373 2,461 2,568
EBITDA 1 403.5 457 503.2 526.3 549.5 573 599 630.4
EBIT 1 318 363.8 410.6 435.5 460.1 475.9 503.3 536.6
Net income 1 196.3 226.3 237.3 248.5 309.9 312.7 334.3 362.9
Net Debt 1 619.9 812 638.6 547.7 532.8 532.9 325 55.17
Reference price 2 17.36 12.88 16.84 18.21 24.88 29.36 29.36 29.36
Nbr of stocks (in thousands) 260,311 258,957 258,455 254,960 245,217 237,018 - -
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.($)
22.33x3.16x13.09x1.25% 9.37B
35.87x6.15x22.84x0.75% 123B
32.99x6.19x21.3x1.86% 41.78B
33.57x4.4x16.44x0.1% 32.35B
21.67x1.79x13.17x2.24% 30.77B
24.33x3.8x12.77x1.5% 27.81B
22.6x3.28x14.14x1.04% 27.56B
25.73x3.11x13.38x1.46% 27.31B
26.24x3.3x16.12x1.73% 24.42B
Average 27.26x 3.91x 15.92x 1.32% 38.28B
Weighted average by Cap. 30.19x 4.66x 18.19x 1.18%

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