Company Valuation: Victrex plc

Data adjusted to current consolidation scope
Fiscal Period: September 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 2,068 1,451 1,221 845.2 626.4 728 - -
Change - -29.85% -15.83% -30.8% -25.89% 16.21% - -
Enterprise Value (EV) 1 1,999 1,415 1,228 856.3 642.3 770.1 786.4 786.4
Change - -29.24% -13.23% -30.25% -24.99% 19.89% 2.12% -0%
P/E 28.4x 19.1x 19.9x 49.3x 22.6x -145x 18.1x 16x
PBR 4.07x 2.97x - 1.83x 1.44x 2.03x 2.03x 2.2x
PEG - 4.86x -1x -0.7x 0.4x 1x -0x 1.2x
Capitalization / Revenue 6.75x 4.26x 3.98x 2.9x 2.14x 2.44x 2.33x 2.22x
EV / Revenue 6.53x 4.15x 4x 2.94x 2.19x 2.58x 2.52x 2.4x
EV / EBITDA 17.5x 12x 12x 10.3x 8.76x 11x 10.2x 9.3x
EV / EBIT 21.6x 14.7x 15.2x 14.2x 13.3x 17.4x 15x 13.3x
EV / FCF 23.5x 41x 384x 16.7x 13x 18.3x 18.3x 16.8x
FCF Yield 4.26% 2.44% 0.26% 6% 7.68% 5.48% 5.48% 5.97%
Dividend per Share 2 0.5956 0.5956 0.5956 0.5956 0.5956 0.5962 0.5957 0.5958
Rate of return 2.5% 3.57% 4.24% 6.13% 8.27% 7.13% 7.13% 7.13%
EPS 2 0.84 0.873 0.705 0.197 0.318 -0.0578 0.4623 0.5238
Distribution rate 70.9% 68.2% 84.5% 302% 187% -1,032% 129% 114%
Net sales 1 306.3 341 307 291 292.7 298.6 312.7 328
EBITDA 1 114.5 118 102.2 83.5 73.3 69.7 77.32 84.59
EBIT 1 92.6 96.4 80.7 60.3 48.4 44.35 52.46 59.32
Net income 1 73.2 76.2 61.7 17.2 27.8 -4.011 39.36 43.42
Net Debt 1 -69 -36.2 6.3 11.1 15.9 42.11 58.46 58.45
Reference price 2 23.820 16.700 14.050 9.720 7.200 8.360 8.360 8.360
Nbr of stocks (in thousands) 86,838 86,886 86,930 86,959 87,003 87,076 - -
Announcement Date 12/6/21 12/6/22 12/5/23 12/3/24 12/2/25 - - -
1GBP in Million2GBP
Estimates

P/E, Detailed evolution



P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
-143.7x2.56x10.97x7.18% 982M
38.29x5.2x21.1x1.01% 81.46B
30.32x4.56x19.72x2.2% 38.65B
26.16x3.09x16.05x1.99% 38.46B
13.97x1.36x8.33x2.27% 24.76B
10.92x3.01x6.01x2.47% 22.36B
35.88x8.79x26.74x2.55% 22.38B
25.9x2.79x11.34x1.75% 18.63B
13.49x2.71x6.11x1.2% 15.87B
23.64x2.88x13.22x1.41% 14.78B
Average 7.49x 3.69x 13.96x 2.4% 27.83B
Weighted average by Cap. 27.29x 4.16x 16.35x 1.77%

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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