Company Valuation: Man Group Plc

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 4,196 3,191 3,478 3,099 3,437 4,841 - -
Change - -23.94% 8.99% -10.89% 10.9% 40.87% - -
Enterprise Value (EV) 1 4,059 2,987 3,342 2,645 3,159 4,458 4,309 3,968
Change - -26.4% 11.88% -20.85% 19.42% 41.12% -3.34% -7.92%
P/E 9.11x 5.62x 15.3x 10.7x 20.5x 10.5x 9.13x 8.51x
PBR 2.69x 1.87x 2.15x 1.85x 2.28x 2.29x 2.03x 1.79x
PEG - 0.2x -0.3x 0.4x -0.5x 0x 0.6x 1.18x
Capitalization / Revenue 2.82x 1.88x 2.91x 2.12x 2.46x 2.63x 2.52x 2.34x
EV / Revenue 2.73x 1.76x 2.79x 1.81x 2.26x 2.43x 2.24x 1.92x
EV / EBITDA 5.8x 3.64x 8.17x 4.84x 6.54x 5.81x 5.39x 4.55x
EV / EBIT 6.05x 3.78x 9.26x 5.33x 7.43x 6.44x 5.88x 4.92x
EV / FCF 9.33x 4.32x 11x 4.36x 15.9x 10x 6.1x 5.3x
FCF Yield 10.7% 23.2% 9.1% 22.9% 6.3% 9.98% 16.4% 18.9%
Dividend per Share 2 0.14 0.157 0.107 0.172 0.172 0.192 0.2086 0.2273
Rate of return 4.55% 6.1% 3.61% 6.41% 5.59% 4.39% 4.78% 5.2%
EPS 2 0.338 0.458 0.194 0.251 0.15 0.4164 0.4787 0.5132
Distribution rate 41.4% 34.3% 55.2% 68.5% 115% 46.1% 43.6% 44.3%
Net sales 1 1,486 1,696 1,196 1,459 1,398 1,838 1,922 2,072
EBITDA 1 700 820 409 547 483 767.6 800 872.6
EBIT 1 671 790 361 496 425 692.3 732.9 806
Net income 1 487 608 234 298 175 496.8 568.9 587.4
Net Debt 1 -137 -204 -136 -454 -278 -383.7 -532.6 -873.8
Reference price 2 3.079 2.575 2.963 2.684 3.079 4.369 4.369 4.369
Nbr of stocks (in thousands) 1,362,567 1,239,340 1,173,883 1,154,589 1,116,067 1,108,024 - -
Announcement Date 3/1/22 2/28/23 2/29/24 2/27/25 2/26/26 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
19.69x6.89x13.14x4.35% 94.73B
25.92x - - 0.81% 86.77B
20.84x5.93x16.48x4.46% 27.75B
11.33x4.64x9.08x5.45% 20.96B
16.63x1.88x6.76x4% 16.78B
13.13x - - 3.51% 14.26B
14.62x9.42x - 10% 13.79B
31.13x18.22x25.45x - 11.29B
Average 19.16x 7.83x 14.18x 4.65% 35.79B
Weighted average by Cap. 20.78x 6.92x 13.37x 3.55%

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