Company Valuation: Polar Capital Holdings Plc

Data adjusted to current consolidation scope
Fiscal Period: March 2022 2023 2024 2025 2026 2027 2028 2029
Market Cap 1 590.3 438.8 436.5 411.6 580.9 830.6 - -
Change - -25.66% -0.54% -5.7% 41.14% 42.97% - -
Enterprise Value (EV) 1 469.2 331.9 337.6 289.8 430 628.3 555.1 498.6
Change - -29.27% 1.73% -14.16% 48.37% 46.12% -11.64% -10.18%
P/E 12.8x 12.5x 10.9x 11.8x 10.3x 8.65x 7.5x 6.9x
PBR - 3.07x 3.23x 3.07x 3.91x 4.36x 3.29x 2.59x
PEG - -0.5x 0.7x -0.9x 0.2x 0.1x 0.5x 0.78x
Capitalization / Revenue 2.63x 2.4x 2.24x 1.85x 2.2x 2.46x 2.22x 2.18x
EV / Revenue 2.09x 1.81x 1.73x 1.3x 1.63x 1.86x 1.48x 1.31x
EV / EBITDA - - 6.97x 3.92x 6.59x 4.81x 3.78x 3.18x
EV / EBIT 6.76x 6.93x 7.54x 5.11x 6.85x 5.04x 3.88x 3.24x
EV / FCF - 7.47x 8.12x 4.54x 5.94x 6.13x 4.84x 4.11x
FCF Yield - 13.4% 12.3% 22% 16.8% 16.3% 20.7% 24.3%
Dividend per Share 2 0.46 0.46 0.46 0.46 0.46 0.4628 0.5307 0.5739
Rate of return 7.41% 10.2% 10.1% 10.8% 7.55% 5.28% 6.05% 6.54%
EPS 2 0.487 0.361 0.418 0.361 0.592 1.014 1.169 1.272
Distribution rate 94.5% 127% 110% 127% 77.7% 45.6% 45.4% 45.1%
Net sales 1 224.1 182.9 195.1 222.1 264.3 337.9 374.2 380.6
EBITDA 1 - - 48.43 73.96 65.26 130.5 146.7 156.7
EBIT 1 69.4 47.9 44.8 56.7 62.8 124.7 143.1 154
Net income 1 48.92 35.61 40.79 35.31 58.68 98.56 113.4 119.5
Net Debt 1 -121.1 -107 -98.88 -121.8 -151 -202.3 -275.5 -332
Reference price 2 6.210 4.525 4.555 4.270 6.090 8.770 8.770 8.770
Nbr of stocks (in thousands) 95,063 96,983 95,824 96,397 95,394 94,706 - -
Announcement Date 6/27/22 6/26/23 6/27/24 6/30/25 7/1/26 - - -
1GBP in Million2GBP
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
8.65x1.86x4.81x5.28% 1.13B
21.23x6.04x12.94x1.97% 180B
15.56x3.73x - 2.28% 169B
17.64x7.7x - 1.42% 110B
25.31x13.26x22.75x3.85% 83.31B
14.45x5.44x - 1.81% 53.11B
12.27x1.89x5.8x1.2% 49.41B
5.49x5.65x4.04x3.34% 38.42B
14.66x5.32x16.58x1.8% 34.17B
Average 15.03x 5.66x 11.16x 2.55% 79.88B
Weighted average by Cap. 17.53x 6.20x 13.56x 2.18%

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

  1. Stock Market
  2. Stocks
  3. POLR Stock
  4. Valuation Polar Capital Holdings Plc