Company Valuation: James Halstead plc

Data adjusted to current consolidation scope
Fiscal Period: June 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 1,082 846 879.4 760.6 664.8 530.5 - -
Change - -21.84% 3.94% -13.5% -12.6% -20.2% - -
Enterprise Value (EV) 1 999.4 794 816.1 686.4 596.4 460.5 459.5 459.7
Change - -20.55% 2.78% -15.9% -13.11% -22.79% -0.21% 0.04%
P/E - - - - 16.4x 14.6x 13.6x -
PBR - - - - - - - -
PEG - - - - - -1.4x 1.69x -
Capitalization / Revenue 4.06x 2.9x 2.9x 2.77x 2.54x 2.06x 2.01x 1.91x
EV / Revenue 3.75x 2.72x 2.69x 2.5x 2.28x 1.79x 1.74x 1.65x
EV / EBITDA 18.1x 14.2x 14.8x 11.8x 10.5x 8.57x 7.82x 7.3x
EV / EBIT 19.3x 15.2x 15.8x 12.7x 11.3x 9.97x 9x 8.27x
EV / FCF 18.8x 242x 17.6x 14.9x 18.7x 9.63x 10.6x 11.2x
FCF Yield 5.31% 0.41% 5.69% 6.7% 5.34% 10.4% 9.47% 8.89%
Dividend per Share 2 0.0762 0.0775 0.08 0.085 0.088 0.0911 0.0945 0.0939
Rate of return 2.93% 3.82% 3.79% 4.66% 5.52% 7.15% 7.42% 7.37%
EPS 2 - - - - 0.097 0.087 0.094 -
Distribution rate - - - - 90.7% 105% 101% -
Net sales 1 266.4 291.9 303.6 274.9 262 257.4 264.5 277.8
EBITDA 1 55.31 56.05 55.07 58 56.81 53.74 58.78 62.98
EBIT 1 51.77 52.26 51.61 53.91 52.82 46.18 51.07 55.56
Net income 1 - - - - 40.61 36.3 39 -
Net Debt 1 -83.06 -51.94 -63.22 -74.28 -68.37 -70.04 -71.03 -70.83
Reference price 2 2.600 2.030 2.110 1.825 1.595 1.274 1.274 1.274
Nbr of stocks (in thousands) 416,320 416,744 416,754 416,786 416,786 416,411 - -
Announcement Date 10/4/21 10/3/22 10/2/23 10/1/24 10/1/25 - - -
1GBP in Million2GBP
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
22.61x2.85x13.94x1.94% 40.06B
11.82x0.93x6.03x3.36% 39.33B
15.08x2.08x10.39x1.89% 13.3B
17.02x2.85x11.72x1.45% 12.59B
-22.18x1.45x16.3x2.99% 12.66B
27.39x4.16x15.14x0.97% 7.66B
14.94x0.75x4.97x3.72% 7.62B
18.85x2.84x11.58x0.68% 7.12B
19.96x4.02x11.71x0.86% 6.84B
Average 13.94x 2.44x 11.31x 1.99% 16.35B
Weighted average by Cap. 14.26x 2.16x 10.90x 2.29%

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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  5. Valuation James Halstead plc
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