Company Valuation: Investec plc

Data adjusted to current consolidation scope
Fiscal Period: March 2022 2023 2024 2025 2026 2027 2028 2029
Market Cap 1 4,610 3,845 4,725 4,046 4,772 5,496 - -
Change - -16.58% 22.88% -14.39% 17.95% 15.18% - -
Enterprise Value (EV) 4,610 3,845 4,725 4,046 4,772 5,496 5,496 5,496
Change - -16.58% 22.88% -14.39% 17.95% 15.18% 0% 0%
P/E - - 5.16x 6.83x 7.55x 8.37x 7.58x 6.62x
PBR - - - - 0.89x - - -
PEG - - - -0.2x 1.13x 2.85x 0.7x 0.5x
Capitalization / Revenue 2.32x 1.69x 2.31x 1.85x 2.09x 2.31x 2.17x 2.01x
EV / Revenue 0x 0x 0x 0x 0x 2.31x 2.17x 2.01x
EV / EBITDA - - - - - - - -
EV / EBIT 0x 0x 0x 0x 0x 5.17x 4.78x 4.38x
EV / FCF - - - - - - - -
FCF Yield - - - - - - - -
Dividend per Share 2 0.257 - 0.345 0.365 0.385 0.41 0.45 0.51
Rate of return 5.07% - 6.61% 7.6% 6.8% 6.34% 6.96% 7.89%
EPS 2 - - 1.01 0.703 0.75 0.772 0.853 0.977
Distribution rate - - 34.2% 51.9% 51.3% 53.1% 52.8% 52.2%
Net sales 1 1,990 2,280 2,046 2,190 2,281 2,381 2,538 2,731
EBITDA - - - - - - - -
EBIT 1 716.2 917 963.6 1,039 1,075 1,062 1,150 1,256
Net income 1 516.2 804.9 941 693.5 724.5 787.1 863.8 991.5
Net Debt - - - - - - - -
Reference price 2 5.070 4.477 5.216 4.801 5.660 6.464 6.464 6.464
Nbr of stocks (in thousands) 913,590 856,353 896,090 843,759 834,812 837,503 - -
Announcement Date 5/19/22 5/18/23 5/23/24 5/22/25 5/21/26 - - -
1GBP in Million2GBP
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
18.47x3.45x9.45x3.1% 64.86B
7.8x - - 3.21% 43.42B
13.02x - - 2.15% 14.56B
8x0.97x - 3.33% 13.73B
12.83x0.9x - 1.88% 9.37B
8.37x - - 6.34% 7.43B
-83.97x2.81x14.9x1.36% 4.48B
19.52x24.28x77.4x2.36% 4.29B
Average 0.50x 6.48x 33.92x 2.97% 20.27B
Weighted average by Cap. 10.64x 3.74x 13.74x 3.07%

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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