Company Valuation: WEX Inc.

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 6,292 7,134 8,315 6,975 5,108 6,448 - -
Change - 13.38% 16.55% -16.11% -26.76% 26.22% - -
Enterprise Value (EV) 1 8,554 8,937 11,207 10,754 9,061 9,560 9,252 8,943
Change - 4.47% 25.41% -4.04% -15.75% 5.51% -3.23% -3.34%
P/E - 36.4x 31.6x 23.4x 17.6x 15.7x 14.4x 12.9x
PBR 3.42x 4.29x 4.46x 4.57x 4.14x 4.5x 3.63x 2.99x
PEG - - 0.9x 1.1x 1.4x 0.4x 1.64x 1.1x
Capitalization / Revenue 3.4x 3.04x 3.26x 2.65x 1.92x 2.24x 2.2x 2.13x
EV / Revenue 4.62x 3.8x 4.4x 4.09x 3.41x 3.31x 3.16x 2.95x
EV / EBITDA 13.9x 10.3x 10.1x 9.12x 7.97x 7.65x 7.2x 6.68x
EV / EBIT 25x 19x 17.3x 15.7x 13.6x 12.2x 11.4x 10.4x
EV / FCF 133x 11.7x 14.6x 19.1x 14.2x 14.3x 13.6x 11.7x
FCF Yield 0.75% 8.53% 6.87% 5.23% 7.04% 6.98% 7.34% 8.58%
Dividend per Share 2 - - - - - - - -
Rate of return - - - - - - - -
EPS 2 - 4.5 6.16 7.5 8.47 12.05 13.11 14.67
Distribution rate - - - - - - - -
Net sales 1 1,851 2,351 2,548 2,628 2,661 2,885 2,930 3,033
EBITDA 1 614.6 870.2 1,108 1,179 1,137 1,249 1,285 1,338
EBIT 1 342 469.8 647.1 686.3 663.9 785.7 815 860.8
Net income 1 0.137 201.4 266.6 309.6 304.1 415.9 442.2 468.8
Net Debt 1 2,262 1,803 2,893 3,780 3,953 3,112 2,804 2,495
Reference price 2 140.39 163.65 194.55 175.32 148.98 189.19 189.19 189.19
Nbr of stocks (in thousands) 44,819 43,593 42,737 39,783 34,289 34,082 - -
Announcement Date 2/10/22 2/9/23 2/8/24 2/5/25 2/4/26 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
15.7x3.31x7.65x-.--% 6.45B
29.46x15.02x21.36x0.73% 678B
37.42x1.82x10.41x-.--% 50.85B
11.61x1.52x7.83x0.96% 50.08B
9.76x2.73x6.3x-.--% 29.74B
18.61x5.87x11.16x-.--% 25.92B
-54.28x3.35x7.12x1.16% 24.14B
21.56x6.71x20.81x-.--% 11.3B
149.99x9.1x139.62x-.--% 9.42B
15.56x2.65x6.27x4.94% 7.6B
Average 25.54x 5.21x 23.85x 0.78% 89.39B
Weighted average by Cap. 26.64x 12.17x 19.81x 0.68%

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