Company Valuation: Tristel plc

Data adjusted to current consolidation scope
Fiscal Period: June 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 300.5 166.5 168 217.5 195.6 197.1 - -
Change - -44.6% 0.89% 29.49% -10.05% 0.76% - -
Enterprise Value (EV) 1 292.4 157.6 158.5 205.7 182.8 187.5 185.8 184
Change - -46.11% 0.56% 29.81% -11.11% 2.57% -0.91% -0.95%
P/E 103x 182x 38x 33.8x 29.6x 25x 21.7x 18.4x
PBR 9.99x 5.75x 5.48x 6.71x 5.93x 5.65x 5.17x 4.62x
PEG - -2.7x 0x 0.8x 13.82x 1.4x 1.4x 1x
Capitalization / Revenue 9.69x 5.35x 4.66x 5.19x 4.21x 3.85x 3.5x 3.19x
EV / Revenue 9.43x 5.06x 4.4x 4.9x 3.93x 3.67x 3.3x 2.98x
EV / EBITDA 34.8x 21x 17.7x 19x 14.1x 13.1x 11.5x 10x
EV / EBIT 52.3x 33.4x 25x 25.5x 18.1x 16.7x 14.2x 12x
EV / FCF 62.1x 30x 26.1x 23.6x 21.9x 19.3x 18.3x 15.2x
FCF Yield 1.61% 3.33% 3.83% 4.23% 4.56% 5.17% 5.46% 6.57%
Dividend per Share 2 0.0655 0.0955 0.105 0.1352 0.142 0.1486 0.1572 0.1671
Rate of return 1.03% 2.71% 2.96% 2.96% 3.46% 3.62% 3.83% 4.08%
EPS 2 0.0619 0.0194 0.0934 0.1354 0.1383 0.1638 0.1893 0.2233
Distribution rate 106% 492% 112% 99.9% 103% 90.7% 83% 74.8%
Net sales 1 31 31.12 36.01 41.93 46.46 51.15 56.28 61.77
EBITDA 1 8.399 7.501 8.96 10.84 12.99 14.3 16.15 18.35
EBIT 1 5.586 4.724 6.342 8.071 10.13 11.24 13.09 15.29
Net income 1 2.972 0.927 4.461 6.489 6.64 7.933 9.193 10.88
Net Debt 1 -8.1 -8.9 -9.5 -11.8 -12.8 -9.586 -11.29 -13.06
Reference price 2 6.380 3.525 3.550 4.575 4.100 4.100 4.100 4.100
Nbr of stocks (in thousands) 47,094 47,225 47,310 47,536 47,712 48,073 - -
Announcement Date 10/18/21 10/25/22 10/16/23 10/21/24 10/13/25 - - -
1GBP in Million2GBP
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
25.04x3.67x13.11x3.62% 261M
27.63x3.84x14.83x2.64% 169B
18.25x3.37x12.04x3.26% 110B
21.42x4.21x14.72x1.31% 106B
25.26x2.48x10.04x2.86% 73.87B
16.92x0.2x12.42x0.77% 58.98B
29.48x7.29x18.84x1.36% 51.28B
34.07x3.32x11.38x2.22% 48.16B
35.11x8.73x24.55x-.--% 40.84B
34.3x6.01x18.87x-.--% 32.21B
Average 26.75x 4.31x 15.08x 1.8% 69.04B
Weighted average by Cap. 25.35x 3.98x 14.47x 1.99%

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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