Company Valuation: Intertek Group plc

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 9,069 6,500 6,847 7,624 7,102 8,972 - -
Change - -28.33% 5.35% 11.34% -6.84% 26.33% - -
Enterprise Value (EV) 1 10,094 7,560 7,766 8,423 8,421 10,188 10,094 9,991
Change - -25.11% 2.72% 8.47% -0.02% 20.98% -0.91% -1.03%
P/E 31.6x 22.6x 23.2x 22.2x 21.4x 25.4x 22.6x 20.9x
PBR 8.42x 5.09x 5.18x 5.48x 6.79x 7.41x 6.76x 6.27x
PEG - 80.41x 8.28x 1.4x 13.79x 3.94x 1.8x 2.5x
Capitalization / Revenue 3.25x 2.04x 2.06x 2.25x 2.07x 2.5x 2.37x 2.25x
EV / Revenue 3.62x 2.37x 2.33x 2.48x 2.45x 2.84x 2.67x 2.51x
EV / EBITDA 15.7x 10.8x 10.7x 11.2x 10.7x 12.2x 11.3x 10.5x
EV / EBIT 21.3x 14.5x 14.1x 14.3x 13.6x 15.4x 14.3x 13.2x
EV / FCF 26.2x 20.5x 21.9x 21.3x 25.8x 26.9x 23.5x 21.5x
FCF Yield 3.82% 4.87% 4.58% 4.69% 3.88% 3.72% 4.25% 4.64%
Dividend per Share 2 1.058 1.058 1.117 1.565 1.65 1.733 1.866 2.021
Rate of return 1.88% 2.62% 2.63% 3.31% 3.57% 2.97% 3.19% 3.46%
EPS 2 1.779 1.784 1.834 2.127 2.16 2.299 2.583 2.799
Distribution rate 59.5% 59.3% 60.9% 73.6% 76.4% 75.4% 72.2% 72.2%
Net sales 1 2,786 3,193 3,329 3,393 3,432 3,589 3,779 3,981
EBITDA 1 643.2 700.6 726.4 751.8 786.6 838.4 893.8 949.8
EBIT 1 473.9 520.1 551.1 590.1 619.6 659.7 705.1 756.4
Net income 1 288.1 288.8 297.4 345.4 343.5 365 411.2 446
Net Debt 1 1,026 1,060 918.4 799.4 1,319 1,216 1,123 1,019
Reference price 2 56.30 40.34 42.46 47.28 46.26 58.45 58.45 58.45
Nbr of stocks (in thousands) 161,080 161,119 161,261 161,243 153,522 153,496 - -
Announcement Date 3/1/22 2/28/23 3/5/24 3/4/25 3/3/26 - - -
1GBP in Million2GBP
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
37.1x6.76x24x0.93% 81.44B
38.28x1.27x13.7x0.97% 17.01B
30.9x3.57x11.97x1.49% 16.01B
20.39x2.08x10.26x3.61% 14.22B
25.42x2.84x12.15x2.97% 12.12B
26.38x3.66x14.09x2.19% 8.41B
15.34x0.65x9.23x1.39% 6.96B
9.57x1.13x6.04x2.19% 5.7B
19.4x0.41x9.57x3.84% 5.48B
Average 24.75x 2.49x 12.33x 2.18% 18.6B
Weighted average by Cap. 31.40x 4.41x 17.58x 1.58%

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

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