Company Valuation: SSE plc

Data adjusted to current consolidation scope
Fiscal Period: March 2022 2023 2024 2025 2026 2027 2028 2029
Market Cap 1 18,502 19,349 17,926 17,524 31,298 29,518 - -
Change - 4.58% -7.36% -2.24% 78.6% -5.69% - -
Enterprise Value (EV) 1 27,100 28,244 27,362 27,711 41,393 41,373 44,476 48,628
Change - 4.22% -3.12% 1.28% 49.38% -0.05% 7.5% 9.34%
P/E 6.1x -158x 10.5x 14.7x 24.6x 13.4x 11.6x 10.5x
PBR 2.04x 2.26x 1.96x 1.72x 2.35x 1.86x 1.67x 1.55x
PEG - 2x -0x -0.5x -9.85x 0.2x 0.7x 1x
Capitalization / Revenue 2.15x 1.55x 1.71x 1.73x 3.07x 2.65x 2.44x 2.32x
EV / Revenue 3.15x 2.26x 2.62x 2.74x 4.06x 3.72x 3.67x 3.81x
EV / EBITDA 12x 8.35x 8.3x 8.27x 12.9x 10.4x 9.53x 9.19x
EV / EBIT 17.6x 11.2x 11.3x 11.5x 18.5x 14.4x 13x 12.5x
EV / FCF 157x -87.7x 27.3x -42.4x -41x -15.1x -14x -12.1x
FCF Yield 0.64% -1.14% 3.66% -2.36% -2.44% -6.64% -7.16% -8.3%
Dividend per Share 2 0.857 0.967 0.6 0.642 0.687 0.7302 0.7815 0.8374
Rate of return 4.9% 5.36% 3.64% 4.03% 2.65% 2.98% 3.19% 3.42%
EPS 2 2.868 -0.114 1.565 1.081 1.054 1.826 2.111 2.336
Distribution rate 29.9% -848% 38.3% 59.4% 65.2% 40% 37% 35.8%
Net sales 1 8,608 12,491 10,457 10,132 10,186 11,131 12,110 12,747
EBITDA 1 2,257 3,382 3,296 3,349 3,208 3,972 4,666 5,293
EBIT 1 1,537 2,529 2,426 2,419 2,237 2,878 3,409 3,904
Net income 1 3,031 -123 1,710 1,189 1,209 2,277 2,702 3,068
Net Debt 1 8,598 8,894 9,436 10,187 10,095 11,855 14,958 19,110
Reference price 2 17.48 18.03 16.50 15.94 25.95 24.47 24.47 24.47
Nbr of stocks (in thousands) 1,058,168 1,073,181 1,086,438 1,099,384 1,206,100 1,206,293 - -
Announcement Date 5/25/22 5/24/23 5/22/24 5/21/25 5/28/26 - - -
1GBP in Million2GBP
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
32.33x5.43x39.68x0.2% 263B
19.08x8.65x14.98x3.22% 160B
20.13x4.19x11.54x3.5% 152B
19.27x10.9x14.22x3.62% 104B
12.09x1.81x6.41x5.87% 98.27B
18.73x5.63x12.36x3.63% 96.31B
20.56x3.13x12.75x0.66% 91.23B
16.92x5.4x10.84x3.82% 88.99B
18.58x5.02x12.14x3.22% 65.09B
Average 19.74x 5.57x 14.99x 3.08% 124.4B
Weighted average by Cap. 21.63x 5.72x 18.60x 2.69%

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