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 9,010 - -
Change - -28.33% 5.35% 11.34% -6.84% 26.87% - -
Enterprise Value (EV) 1 10,094 7,560 7,766 8,423 8,421 10,226 10,096 9,988
Change - -25.11% 2.72% 8.47% -0.02% 21.43% -1.27% -1.07%
P/E 31.6x 22.6x 23.2x 22.2x 21.4x 25.5x 22.7x 21x
PBR 8.42x 5.09x 5.18x 5.48x 6.79x 7.44x 6.79x 6.3x
PEG - 80.41x 8.28x 1.4x 13.79x 3.96x 1.8x 2.51x
Capitalization / Revenue 3.25x 2.04x 2.06x 2.25x 2.07x 2.51x 2.38x 2.26x
EV / Revenue 3.62x 2.37x 2.33x 2.48x 2.45x 2.85x 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 15.5x 14.3x 13.2x
EV / FCF 26.2x 20.5x 21.9x 21.3x 25.8x 27x 23.5x 21.5x
FCF Yield 3.82% 4.87% 4.58% 4.69% 3.88% 3.7% 4.25% 4.64%
Dividend per Share 2 1.058 1.058 1.117 1.565 1.65 1.716 1.871 2.026
Rate of return 1.88% 2.62% 2.63% 3.31% 3.57% 2.92% 3.19% 3.45%
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% 74.6% 72.4% 72.4%
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 1,086 978.1
Reference price 2 56.30 40.34 42.46 47.28 46.26 58.70 58.70 58.70
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.($)
25.57x2.85x12.21x2.92% 11.92B
29.2x14.89x21.15x0.74% 672B
35.87x6.57x23.33x1% 79B
-101.44x23.6x56.7x-.--% 65.06B
22.06x4.37x9.62x0.77% 63.15B
10.59x1.41x7.25x1.04% 46.1B
44.98x1.66x9.29x-.--% 44.76B
18.64x3.25x7.74x1.68% 30.23B
19.69x6.04x11.51x-.--% 25.78B
9.63x2.55x6.15x-.--% 24.12B
Average 11.48x 6.72x 16.50x 0.81% 106.17B
Weighted average by Cap. 20.11x 12.07x 20.65x 0.71%

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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