Company Valuation: RELX PLC

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 46,327 43,690 58,515 67,352 54,936 46,603 - -
Change - -5.69% 33.93% 15.1% -18.44% -15.17% - -
Enterprise Value (EV) 1 52,381 50,294 64,961 73,915 62,137 55,027 54,973 54,986
Change - -3.98% 29.16% 13.78% -15.94% -11.44% -0.1% 0.02%
P/E 31.5x 27x 33.2x 35.2x 27x 20.9x 18.6x 16.5x
PBR 14.3x 11.6x 16.9x 19.3x 23.2x 35.9x 29.4x 28.5x
PEG - 2.5x 3.2x 3.5x 3.13x 1.5x 1.5x 1.3x
Capitalization / Revenue 6.4x 5.11x 6.39x 7.14x 5.73x 4.62x 4.34x 4.04x
EV / Revenue 7.23x 5.88x 7.09x 7.83x 6.48x 5.46x 5.12x 4.77x
EV / EBITDA 19.9x 16.2x 18.7x 19.8x 16.2x 13.4x 12.5x 11.6x
EV / EBIT 23.7x 18.7x 21.4x 23.1x 18.6x 15.2x 14.2x 13.1x
EV / FCF 27.5x 25.6x 32.8x 34.8x 26.9x 21.7x 20x 18.5x
FCF Yield 3.64% 3.91% 3.05% 2.87% 3.72% 4.6% 5% 5.4%
Dividend per Share 2 0.498 0.546 0.588 0.63 0.675 0.7277 0.7887 0.8549
Rate of return 2.07% 2.39% 1.89% 1.74% 2.24% 2.73% 2.96% 3.2%
EPS 2 0.763 0.847 0.936 1.031 1.12 1.277 1.431 1.617
Distribution rate 65.3% 64.5% 62.8% 61.1% 60.3% 57% 55.1% 52.9%
Net sales 1 7,244 8,553 9,161 9,434 9,590 10,078 10,742 11,531
EBITDA 1 2,637 3,102 3,468 3,724 3,846 4,102 4,402 4,738
EBIT 1 2,210 2,683 3,030 3,199 3,342 3,611 3,879 4,188
Net income 1 1,471 1,634 1,781 1,934 2,065 2,278 2,454 2,712
Net Debt 1 6,054 6,604 6,446 6,563 7,201 8,424 8,370 8,384
Reference price 2 24.02 22.88 31.10 36.29 30.20 26.68 26.68 26.68
Nbr of stocks (in thousands) 1,928,681 1,909,549 1,881,510 1,855,942 1,819,061 1,746,736 - -
Announcement Date 2/10/22 2/16/23 2/15/24 2/13/25 2/12/26 - - -
1GBP in Million2GBP
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
20.89x5.46x13.41x2.73% 63.33B
23.44x3.81x13.31x2.83% 225B
13.92x1.53x8.06x3.45% 115B
-115.12x18.31x105.89x-.--% 114B
14.56x2.66x10.03x5.64% 85.18B
14.56x2.12x8.98x5.35% 47.1B
21.18x1.73x10.68x1.43% 40.87B
20.56x1.56x9.88x0.9% 39.42B
17.7x2.23x10.7x4.94% 36.32B
17.92x3.89x10.05x2.79% 28.48B
Average 4.96x 4.33x 20.10x 3.01% 79.44B
Weighted average by Cap. -0.23x 5.18x 24.70x 2.88%

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