Company Valuation: Kainos Group plc

Data adjusted to current consolidation scope
Fiscal Period: March 2022 2023 2024 2025 2026 2027 2028 2029
Market Cap 1 1,640 1,722 1,214 820.7 855 1,441 - -
Change - 5.01% -29.49% -32.4% 4.18% 68.57% - -
Enterprise Value (EV) 1 1,567 1,615 1,098 697.9 778.3 1,352 1,324 1,296
Change - 3.09% -31.99% -36.46% 11.51% 73.71% -2.1% -2.07%
P/E 46.4x 41.8x 25x 23.5x 20.8x 26.7x 23.1x 20.5x
PBR 15.1x 13.2x 7.68x 6.02x 8.8x 11.4x 9.15x 7.89x
PEG - 2.6x 1.5x -0.9x 0.9x 0.8x 1.5x 1.6x
Capitalization / Revenue 5.42x 4.59x 3.17x 2.23x 1.98x 2.66x 2.47x 2.23x
EV / Revenue 5.18x 4.31x 2.87x 1.9x 1.81x 2.49x 2.27x 2.01x
EV / EBITDA 25.3x 23.2x 14.2x 10.9x 11.4x 15.8x 14.1x 12.1x
EV / EBIT 34x 24.4x 15x 11.7x 14.2x 17.2x 15.2x 13.2x
EV / FCF 42.1x 27.2x 17.3x 12.6x 15.7x 28.5x 18.7x 16.9x
FCF Yield 2.37% 3.68% 5.77% 7.94% 6.39% 3.5% 5.34% 5.93%
Dividend per Share 2 0.222 0.239 0.273 0.284 0.296 0.318 0.3404 0.3521
Rate of return 1.68% 1.73% 2.83% 4.28% 4.05% 2.57% 2.75% 2.84%
EPS 2 0.285 0.331 0.386 0.282 0.351 0.464 0.5367 0.6053
Distribution rate 77.9% 72.2% 70.7% 101% 84.3% 68.5% 63.4% 58.2%
Net sales 1 302.6 374.8 382.4 367.2 431.1 542.1 583.1 645.4
EBITDA 1 61.98 69.58 77.22 64.19 68.29 85.38 94.12 106.7
EBIT 1 46.02 66.17 73.18 59.54 54.77 78.72 87.08 98.5
Net income 1 35.77 41.64 48.72 35.56 42.5 55.14 63.04 72.82
Net Debt 1 -73.25 -106.9 -115.7 -122.7 -76.67 -89.27 -117.7 -145.2
Reference price 2 13.23 13.82 9.66 6.64 7.30 12.38 12.38 12.38
Nbr of stocks (in thousands) 123,942 124,596 125,742 123,596 117,121 116,417 - -
Announcement Date 5/23/22 5/22/23 5/20/24 5/19/25 5/18/26 - - -
1GBP in Million2GBP
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
26.68x2.49x15.83x2.57% 1.91B
21.67x3.57x12.47x3.07% 208B
-128.76x17.94x99.74x-.--% 116B
12.96x1.45x7.6x3.7% 107B
13.41x2.44x9.19x6.13% 78.05B
19.27x5.12x12.58x2.93% 57.19B
22.29x1.84x11.66x1.35% 43.84B
13.15x1.89x8.03x5.93% 42.32B
20.67x1.58x9.92x0.9% 40.26B
17.06x2.2x10.23x5.07% 35.31B
Average 3.84x 4.05x 19.73x 3.16% 72.92B
Weighted average by Cap. -5.26x 5.16x 24.71x 3.03%

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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