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 29,655 - -
Change - -15.54% 4.83% 31.05% 19.96% -2.91% - -
Enterprise Value (EV) 1 32,462 29,028 29,193 34,916 41,107 40,199 40,002 39,902
Change - -10.58% 0.57% 19.6% 17.73% -2.21% -0.49% -0.25%
P/E 14.8x 25.3x 11.4x 16.2x 17.7x 15.5x 14.1x 12.9x
PBR 1.42x 1.52x 1.71x 2.23x 2.73x 2.59x 2.48x 2.38x
PEG - -0.5x 0x -3.9x 1.2x 1.3x 1.4x 1.39x
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 7.88x 7.55x 7.26x
EV / EBIT 11.5x 11x 10.3x 11.2x 12.9x 12.4x 11.7x 11.2x
EV / FCF 11.6x 10.6x 11.9x 25.2x 18.4x 21.3x 19.3x 18.2x
FCF Yield 8.65% 9.48% 8.4% 3.96% 5.45% 4.7% 5.17% 5.49%
Dividend per Share 2 0.109 0.109 0.121 0.137 0.145 0.1568 0.1708 0.1858
Rate of return 3.76% 4.27% 4.34% 3.6% 3.02% 3.32% 3.62% 3.93%
EPS 2 0.1964 0.1008 0.2453 0.2351 0.271 0.3037 0.3349 0.366
Distribution rate 55.5% 108% 49.3% 58.3% 53.5% 51.6% 51% 50.8%
Net sales 1 61,344 65,762 68,187 69,916 73,712 74,956 77,005 78,981
EBITDA 1 4,543 4,330 4,544 4,825 5,007 5,101 5,301 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 1,945 2,108 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 4.722 4.722 4.722
Nbr of stocks (in thousands) 7,574,218 7,268,607 6,968,930 6,696,942 6,355,483 6,280,119 - -
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.($)
15.47x0.53x7.85x3.34% 39.49B
38.46x1.24x19.03x0.89% 888B
27.77x1.18x10.26x0.98% 51.53B
21.12x0.62x11.92x2.55% 40.46B
13.32x0.5x6.32x3.49% 36.54B
11.59x0.33x6.14x2.52% 35.86B
45.65x0.89x10.48x2.39% 33.39B
21.79x0.73x6.28x1.41% 26.31B
54.31x0.64x10.71x1% 24.98B
26.5x0.67x13.05x-.--% 22.9B
Average 27.60x 0.73x 10.21x 1.86% 119.91B
Weighted average by Cap. 35.02x 1.10x 16.47x 1.2%

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