Company Valuation: Lindsell Train Investment Trust Plc

Data adjusted to current consolidation scope
Fiscal Period: March 2020 2021 2022 2023 2024 2025
Capitalization 1 212 284 221 210.5 160.2 163.6
Change - 33.96% -22.18% -4.75% -23.9% 2.12%
Enterprise Value (EV) 1 206.6 278.5 214.3 202.5 154.2 159
Change - 34.78% -23.04% -5.51% -23.86% 3.14%
P/E ratio 11.7x 5.2x -50.7x -273x 38.2x -35.9x
PBR 1.11x 1.2x 0.99x 1x 0.78x 0.86x
PEG - 0x 0x 3.3x -0x 0x
Capitalization / Revenue 10.7x 4.81x -95.9x 182x 26.7x -55.4x
EV / Revenue 10.4x 4.72x -93x 175x 25.7x -53.9x
EV / EBITDA - - - - - -
EV / EBIT 11.4x 5.09x -50x -301x 35.9x -35.6x
EV / FCF 23.5x 7.58x -40.6x -523x 55.8x -56.3x
FCF Yield 4.25% 13.2% -2.46% -0.19% 1.79% -1.78%
Dividend per Share 2 0.4139 0.4707 0.5112 0.515 0.515 0.42
Rate of return 3.9% 3.31% 4.63% 4.89% 6.43% 5.13%
EPS 2 0.9022 2.729 -0.2178 -0.0386 0.2098 -0.228
Distribution rate 45.9% 17.2% -235% -1,336% 246% -184%
Net sales 1 19.85 59 -2.305 1.157 5.991 -2.952
EBITDA - - - - - -
EBIT 1 18.13 54.66 -4.283 -0.672 4.299 -4.466
Net income 1 18.04 54.59 -4.355 -0.771 4.195 -4.559
Net Debt 1 -5.39 -5.541 -6.708 -8.01 -6.028 -4.582
Reference price 2 10.600 14.200 11.050 10.525 8.010 8.180
Nbr of stocks (in thousands) 20,000 20,000 20,000 20,000 20,000 20,000
Announcement Date 6/15/20 6/16/21 6/21/22 6/13/23 6/23/24 6/25/25
1GBP in Million2GBP
Estimates

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

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  4. Valuation Lindsell Train Investment Trust Plc