Company Valuation: Tesco PLC

Data adjusted to current consolidation scope
Fiscal Period: February 2022 2023 2024 2025 2026 2027 2028 2029
Market Cap 1 21,946 18,535 19,429 25,462 30,544 29,933 - -
Change - -15.54% 4.83% 31.05% 19.96% -2% - -
Enterprise Value (EV) 1 32,462 29,028 29,193 34,916 41,107 40,477 40,280 40,180
Change - -10.58% 0.57% 19.6% 17.73% -1.53% -0.49% -0.25%
P/E 14.8x 25.3x 11.4x 16.2x 17.7x 15.8x 14.3x 13.1x
PBR 1.42x 1.52x 1.71x 2.23x 2.73x 2.63x 2.52x 2.42x
PEG - -0.5x 0x -3.9x 1.2x 1.3x 1.43x 1.4x
Capitalization / Revenue 0.36x 0.28x 0.28x 0.36x 0.41x 0.4x 0.39x 0.38x
EV / Revenue 0.53x 0.44x 0.43x 0.5x 0.56x 0.54x 0.52x 0.51x
EV / EBITDA 7.15x 6.7x 6.42x 7.24x 8.21x 7.93x 7.59x 7.31x
EV / EBIT 11.5x 11x 10.3x 11.2x 12.9x 12.4x 11.8x 11.3x
EV / FCF 11.6x 10.6x 11.9x 25.2x 18.4x 21.4x 19.5x 18.4x
FCF Yield 8.65% 9.48% 8.4% 3.96% 5.45% 4.67% 5.14% 5.45%
Dividend per Share 2 0.109 0.109 0.121 0.137 0.145 0.157 0.1713 0.1858
Rate of return 3.76% 4.27% 4.34% 3.6% 3.02% 3.27% 3.57% 3.87%
EPS 2 0.1964 0.1008 0.2453 0.2351 0.271 0.3043 0.3347 0.366
Distribution rate 55.5% 108% 49.3% 58.3% 53.5% 51.6% 51.2% 50.8%
Net sales 1 61,344 65,762 68,187 69,916 73,712 74,999 77,069 78,981
EBITDA 1 4,543 4,330 4,544 4,825 5,007 5,103 5,309 5,498
EBIT 1 2,825 2,630 2,821 3,128 3,194 3,252 3,405 3,551
Net income 1 1,481 745 1,736 1,626 1,787 1,948 2,105 2,267
Net Debt 1 10,516 10,493 9,764 9,454 10,563 10,544 10,347 10,247
Reference price 2 2.898 2.550 2.788 3.802 4.806 4.803 4.803 4.803
Nbr of stocks (in thousands) 7,574,218 7,268,607 6,968,930 6,696,942 6,355,483 6,232,138 - -
Announcement Date 4/13/22 4/13/23 4/10/24 4/10/25 4/16/26 - - -
1GBP in Million2GBP
Estimates

P/E, Detailed evolution

P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
15.78x0.54x7.93x3.27% 39.94B
37.75x1.22x18.74x0.91% 871B
28.35x1.2x10.51x0.96% 52.84B
20.79x0.61x11.59x2.6% 39.74B
11.26x0.33x6.02x2.6% 34.84B
12.33x0.47x6x3.77% 33.69B
45.46x0.89x10.43x2.4% 33.47B
22.79x0.76x6.46x1.35% 27.72B
49.63x0.61x10.27x1.09% 22.64B
24.73x0.63x12.39x-.--% 21.4B
Average 26.88x 0.73x 10.03x 1.89% 117.74B
Weighted average by Cap. 34.36x 1.09x 16.22x 1.22%

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