Company Valuation: ITV plc

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 4,426 3,012 2,555 2,736 3,075 2,539 - -
Change - -31.95% -15.16% 7.07% 12.39% -17.41% - -
Enterprise Value (EV) 1 4,840 3,012 3,108 3,167 3,641 3,076 3,044 2,980
Change - -37.77% 3.21% 1.89% 14.97% -15.5% -1.06% -2.11%
P/E 11.9x 7.09x 12.2x 7.15x 14.2x 11.7x 10.4x 9.59x
PBR 2.99x - 1.44x 1.6x 1.71x 1.39x 1.35x 1.29x
PEG - 0.5x -0.2x 0.1x -0.3x 135.72x 0.8x 1.18x
Capitalization / Revenue 1.28x 0.81x 0.71x 0.78x 0.88x 0.7x 0.69x 0.67x
EV / Revenue 1.4x 0.81x 0.86x 0.91x 1.04x 0.85x 0.83x 0.79x
EV / EBITDA 5.55x 3.91x 5.81x 5.53x 6.27x 5.55x 5.44x 5.15x
EV / EBIT 5.95x 4.2x 6.36x 5.84x 6.82x 6.24x 6.08x 5.76x
EV / FCF 38.4x - 9.87x 11.2x 24.6x 12.8x 9x 8.59x
FCF Yield 2.6% - 10.1% 8.97% 4.06% 7.8% 11.1% 11.6%
Dividend per Share 2 0.033 - 0.05 0.05 0.05 0.0495 0.0495 0.047
Rate of return 2.99% - 7.9% 6.79% 6.07% 7.29% 7.29% 6.93%
EPS 2 0.093 0.106 0.052 0.103 0.058 0.058 0.0655 0.0708
Distribution rate 35.5% - 96.2% 48.5% 86.2% 85.3% 75.6% 66.4%
Net sales 1 3,453 3,728 3,624 3,488 3,511 3,616 3,665 3,763
EBITDA 1 872 770 535 573 581 554.1 559.9 578.7
EBIT 1 813 717 489 542 534 493.3 500.4 516.9
Net income 1 378 428 210 408 220 214.6 233.7 265.6
Net Debt 1 414 - 553 431 566 536.9 504.2 440.1
Reference price 2 1.1055 0.7516 0.6328 0.7360 0.8235 0.6790 0.6790 0.6790
Nbr of stocks (in thousands) 4,003,410 4,006,931 4,037,822 3,717,132 3,733,868 3,739,962 - -
Announcement Date 3/3/22 3/2/23 3/7/24 3/6/25 3/5/26 - - -
1GBP in Million2GBP
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
11.84x0.86x5.61x7.2% 3.43B
18.23x2.15x9.58x1.45% 179B
42.69x6.13x26.33x-.--% 23.5B
17.98x1.88x19.51x1.71% 5.72B
47.58x - - 1.88% 4.54B
12.91x1.79x17.38x4.95% 3.66B
-6.12x2.16x7.69x-.--% 3.4B
14.65x0.6x4.71x1.53% 3.28B
7.54x0.71x3.22x6.52% 2.1B
Average 18.59x 2.03x 11.75x 2.81% 25.43B
Weighted average by Cap. 20.62x 2.50x 11.49x 1.48%

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