Company Valuation: IP Group Plc

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 1,288 577 602.3 525.7 517.7 616.6 - -
Change - -55.22% 4.38% -12.72% -1.52% 19.11% - -
Enterprise Value (EV) 1 1,037 432.8 510.6 389.1 620.9 501.7 456.9 451.1
Change - -58.26% 17.98% -23.8% 59.58% -19.19% -8.93% -1.27%
P/E 2.97x - -3.51x -2.7x 8.25x 13.4x 5.57x 4.13x
PBR 0.74x 0.42x 0.51x 0.54x 0.57x 0.59x 0.53x 0.47x
PEG - - - -0.1x -0x -0.5x 0x 0.1x
Capitalization / Revenue 2.53x -1.91x -3.9x -2.77x 6.49x 8.56x 4.58x 3.51x
EV / Revenue 2.04x -1.43x -3.3x -2.05x 7.78x 6.96x 3.4x 2.57x
EV / EBITDA 2.27x -1.26x -2.84x -1.87x 10.1x 9.75x 3.97x 3.02x
EV / EBIT 2.27x -1.26x -2.83x -1.86x 10.2x 10.5x 4.23x 3.02x
EV / FCF 106x -18.2x -28.5x -15.5x -31.7x -29.5x -15.8x -13.7x
FCF Yield 0.94% -5.5% -3.51% -6.45% -3.16% -3.39% -6.35% -7.31%
Dividend per Share 2 0.012 0.0126 0.0127 - - - - -
Rate of return 0.97% 2.26% 2.19% - - - - -
EPS 2 0.4168 - -0.1653 -0.1997 0.071 0.0522 0.1252 0.1689
Distribution rate 2.88% - -7.68% - - - - -
Net sales 1 508.9 -302 -154.6 -189.5 79.8 72.06 134.5 175.6
EBITDA 1 457.6 -343.7 -180 -208.2 61.5 51.49 115 149.2
EBIT 1 456 -344.3 -180.5 -208.8 61 47.76 108.1 149.2
Net income 1 - - -171.3 -205.6 67.1 52.64 116.4 150.5
Net Debt 1 -251.4 -144.2 -91.7 -136.6 103.2 -114.9 -159.7 -165.5
Reference price 2 1.2380 0.5575 0.5810 0.5390 0.5860 0.6980 0.6980 0.6980
Nbr of stocks (in thousands) 1,040,754 1,035,013 1,036,694 975,286 883,428 883,428 - -
Announcement Date 3/16/22 3/8/23 3/13/24 3/25/25 3/17/26 - - -
1GBP in Million2GBP
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
19.5x5.54x11.87x2.14% 166B
14.5x3.52x - 2.44% 155B
16.68x7.43x - 1.5% 104B
20.54x11.58x16.8x4.37% 73.51B
13.66x5.26x - 1.92% 50.23B
11.94x1.83x5.6x1.23% 48.08B
5.13x5.31x3.82x3.56% 35.7B
13.94x5.14x16.03x1.89% 32.55B
Average 14.49x 5.70x 10.82x 2.38% 83.08B
Weighted average by Cap. 15.98x 5.72x 11.61x 2.34%

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

-40%: Exceptional extension
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