Company Valuation: Renishaw plc

Data adjusted to current consolidation scope
Fiscal Period: June 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 3,585 2,597 2,838 2,691 2,080 3,743 - -
Change - -27.57% 9.28% -5.18% -22.69% 79.96% - -
Enterprise Value (EV) 1 3,390 2,360 2,644 2,491 1,822 3,481 3,436 3,381
Change - -30.39% 12.07% -5.79% -26.86% 91.05% -1.29% -1.59%
P/E 32.2x 21.6x 24.4x 27.8x 24.8x 31.5x 25.9x 23.1x
PBR 5.09x 3.18x 3.16x 2.98x 2.25x 3.82x 3.52x 3.24x
PEG - 2.71x -7.08x -1.7x -1.8x 0.8x 1.2x 1.9x
Capitalization / Revenue 6.34x 3.87x 4.12x 3.89x 2.92x 4.59x 4.27x 3.99x
EV / Revenue 5.99x 3.52x 3.84x 3.6x 2.56x 4.27x 3.92x 3.6x
EV / EBITDA 21.5x 12x 16.5x 17.6x 12.3x 18.8x 16.3x 14.4x
EV / EBIT 28.6x 14.6x 20.3x 22.9x 16.2x 23.8x 20.3x 17.7x
EV / FCF 27.2x 28.7x 358x 46.6x 18.9x 45.1x 31x 27x
FCF Yield 3.67% 3.49% 0.28% 2.15% 5.28% 2.22% 3.23% 3.7%
Dividend per Share 2 0.66 0.726 0.762 0.762 0.781 0.8392 0.9098 0.9718
Rate of return 1.34% 2.03% 1.95% 2.06% 2.73% 1.63% 1.77% 1.89%
EPS 2 1.532 1.654 1.597 1.332 1.152 1.632 1.985 2.23
Distribution rate 43.1% 43.9% 47.7% 57.2% 67.8% 51.4% 45.8% 43.6%
Net sales 1 565.6 671.1 688.6 691.3 713 815.1 876.2 939
EBITDA 1 157.6 197.4 160.7 141.5 148 184.9 210.6 234.4
EBIT 1 118.6 161.4 130.4 108.7 112.3 146 169 191
Net income 1 111.5 120.4 116.1 96.89 83.76 118.7 144.4 162.2
Net Debt 1 -195 -236.9 -193.1 -199.3 -258 -262.3 -307.2 -361.9
Reference price 2 49.26 35.68 39.02 37.00 28.60 51.45 51.45 51.45
Nbr of stocks (in thousands) 72,776 72,776 72,720 72,720 72,729 72,757 - -
Announcement Date 10/21/21 9/15/22 9/19/23 9/12/24 9/18/25 - - -
1GBP in Million2GBP
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
31.31x4.24x18.69x1.64% 5.09B
39.73x7.64x22.24x-.--% 55.49B
317.54x - - - 19.57B
28.81x4.23x15.08x0.37% 18.32B
38.11x8.69x28.37x0.56% 10.59B
159.06x14.31x70.5x-.--% 9.23B
48.8x5.54x22.37x - 7.29B
7.55x - - 7.12% 7.14B
29.99x3.42x16.65x0.32% 7.01B
Average 77.88x 6.87x 27.70x 1.43% 15.53B
Weighted average by Cap. 83.01x 7.18x 25.10x 0.66%

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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