Company Valuation: Serco Group plc

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 1,610 1,788 1,774 1,532 2,762 2,801 - -
Change - 11.12% -0.81% -13.65% 80.31% 1.39% - -
Enterprise Value (EV) 1 2,218 2,438 2,336 2,162 3,472 3,543 3,438 3,322
Change - 9.91% -4.18% -7.48% 60.63% 2.05% -2.97% -3.38%
P/E 5.51x 12.2x 9.04x 36.9x 19.8x 16.9x 15.7x 14.5x
PBR 1.63x 1.84x 1.77x 1.9x 3.23x 3.3x 2.79x 2.45x
PEG - -0.3x 0.2x -0.5x 0x 0.8x 2x 1.81x
Capitalization / Revenue 0.36x 0.39x 0.36x 0.32x 0.57x 0.55x 0.54x 0.51x
EV / Revenue 0.5x 0.54x 0.48x 0.45x 0.71x 0.7x 0.66x 0.61x
EV / EBITDA 5.76x 5.96x 5.85x 4.91x 7.01x 7.19x 6.69x 6.16x
EV / EBIT 9.69x 10.3x 9.39x 7.9x 12.8x 11.8x 11x 10x
EV / FCF 11.7x 15.3x 11.2x 5.6x 15.8x 21.4x 19.1x 16.3x
FCF Yield 8.56% 6.52% 8.95% 17.9% 6.32% 4.67% 5.24% 6.14%
Dividend per Share 2 0.0241 0.0286 0.0341 0.0416 0.045 0.0498 0.0557 0.0609
Rate of return 1.79% 1.84% 2.1% 2.75% 1.61% 1.73% 1.93% 2.11%
EPS 2 0.2443 0.1279 0.1793 0.041 0.1407 0.1703 0.1836 0.1984
Distribution rate 9.86% 22.4% 19% 101% 32% 29.2% 30.3% 30.7%
Net sales 1 4,425 4,534 4,874 4,787 4,877 5,047 5,234 5,479
EBITDA 1 385.1 409.2 399.1 440.5 495 492.9 514.2 539.7
EBIT 1 228.9 237 248.7 273.5 271.6 300.5 313.5 331.5
Net income 1 303.9 155.4 202.4 44.2 145.6 168.3 180.1 193.5
Net Debt 1 608.9 649.9 562.4 629.7 710.1 742.8 637.4 521.4
Reference price 2 1.346 1.554 1.621 1.513 2.792 2.882 2.882 2.882
Nbr of stocks (in thousands) 1,195,806 1,150,897 1,094,402 1,012,503 989,325 971,746 - -
Announcement Date 2/24/22 2/28/23 2/29/24 2/27/25 3/5/26 - - -
1GBP in Million2GBP
Estimates

P/E, Detailed evolution



P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
16.93x0.7x7.19x1.73% 3.75B
33.01x17.01x24.19x0.65% 769B
39.88x7.25x25.73x0.9% 87.29B
24.18x4.82x10.5x0.68% 72.45B
11.24x1.46x7.24x0.99% 47.36B
-72.94x16.71x40.54x-.--% 42.25B
44.13x1.69x9.5x-.--% 46.08B
21.34x3.6x8.54x1.48% 34.27B
20.1x6.14x11.77x-.--% 26.33B
10.51x2.68x6.46x-.--% 26.6B
Average 14.84x 6.21x 15.16x 0.64% 115.54B
Weighted average by Cap. 27.44x 13.22x 21.55x 0.64%

Y-o-Y evolution of P/E

Valuation ratios - P/E - Serco Group plc

Historical PBR trend

Valuation ratios - PBR - Serco Group plc

Evolution Enterprise Value / Sales

Valuation ratios - VE_REV - Serco Group plc

Change in Enterprise Value/EBITDA

Valuation ratios - VE_EBITDA - Serco Group plc


Year-on-year evolution of the Yield

Valuation ratios - Yield - Serco Group plc
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