Company Valuation: Softcat plc

Data adjusted to current consolidation scope
Fiscal Period: July 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 3,834 2,772 2,984 3,239 3,256 3,732 - -
Change - -27.69% 7.65% 8.52% 0.54% 14.61% - -
Enterprise Value (EV) 1 3,732 2,675 2,862 3,080 3,109 3,542 3,502 3,475
Change - -28.32% 6.98% 7.64% 0.94% 13.93% -1.12% -0.78%
P/E 40.1x 25.2x 26.8x 27.4x 24.7x 26x 24x 20.8x
PBR 21.4x 13.1x 11.9x 10.9x 9.63x 11x 9.08x 7.56x
PEG - 1.7x 21.17x 4.51x 2.2x 2.5x 2.77x 1.4x
Capitalization / Revenue 3.31x 2.57x 3.03x 3.36x 2.23x 2.14x 2.09x 1.91x
EV / Revenue 3.23x 2.48x 2.9x 3.2x 2.13x 2.03x 1.96x 1.78x
EV / EBITDA 30.6x 19x 19.5x 19.2x 17x 16.4x 15.4x 13.8x
EV / EBIT 31.3x 19.6x 20.3x 20x 18x 17.6x 16.5x 14.6x
EV / FCF 44x 34x 28x 26.9x 24.1x 26.6x 25.2x 21.3x
FCF Yield 2.27% 2.94% 3.57% 3.72% 4.15% 3.76% 3.97% 4.7%
Dividend per Share 2 0.413 0.365 0.376 0.475 0.454 0.4936 0.521 0.5821
Rate of return 2.14% 2.62% 2.51% 2.92% 2.78% 2.6% 2.74% 3.06%
EPS 2 0.482 0.553 0.56 0.594 0.662 0.73 0.7931 0.9136
Distribution rate 85.7% 66% 67.1% 80% 68.6% 67.6% 65.7% 63.7%
Net sales 1 1,157 1,078 985.3 962.6 1,458 1,744 1,783 1,953
EBITDA 1 122 140.7 147 160.7 183.4 216.5 227.3 252.2
EBIT 1 119.4 136.1 140.9 154.1 172.9 201.1 212.7 238.7
Net income 1 96.18 110.4 112 119 133 147 159.5 186.4
Net Debt 1 -101.7 -97.3 -122.6 -158.5 -147.1 -189.6 -229.3 -256.6
Reference price 2 19.33 13.95 15.00 16.26 16.33 19.01 19.01 19.01
Nbr of stocks (in thousands) 198,326 198,725 198,949 199,177 199,392 196,305 - -
Announcement Date 10/26/21 10/25/22 10/24/23 10/24/24 10/22/25 - - -
1GBP in Million2GBP
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
26.18x2.04x16.45x2.58% 5.02B
28.2x4.52x15.79x2.33% 273B
-94.09x14.88x86.13x-.--% 93.11B
10.29x1.13x5.93x4.69% 84.77B
14.14x2.58x9.73x5.81% 82.46B
19.48x5.11x12.62x2.92% 58.41B
14.32x2.09x8.77x5.44% 46.62B
18.9x1.52x9.57x1.57% 35.35B
20.03x1.48x9.4x0.99% 35.45B
16.64x2.14x9.95x5.2% 34.52B
Average 7.41x 3.75x 18.43x 3.15% 74.85B
Weighted average by Cap. 6.49x 4.69x 21.21x 2.96%

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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