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 6,313 - -
Change - 13.38% 16.55% -16.11% -26.76% 23.58% - -
Enterprise Value (EV) 1 8,554 8,937 11,207 10,754 9,061 9,425 9,116 8,807
Change - 4.47% 25.41% -4.04% -15.75% 4.02% -3.27% -3.39%
P/E - 36.4x 31.6x 23.4x 17.6x 15.4x 14.1x 12.6x
PBR 3.42x 4.29x 4.46x 4.57x 4.14x 4.4x 3.55x 2.92x
PEG - - 0.9x 1.1x 1.4x 0.4x 1.6x 1.1x
Capitalization / Revenue 3.4x 3.04x 3.26x 2.65x 1.92x 2.19x 2.15x 2.08x
EV / Revenue 4.62x 3.8x 4.4x 4.09x 3.41x 3.27x 3.11x 2.9x
EV / EBITDA 13.9x 10.3x 10.1x 9.12x 7.97x 7.54x 7.09x 6.58x
EV / EBIT 25x 19x 17.3x 15.7x 13.6x 12x 11.2x 10.2x
EV / FCF 133x 11.7x 14.6x 19.1x 14.2x 14.1x 13.4x 11.5x
FCF Yield 0.75% 8.53% 6.87% 5.23% 7.04% 7.08% 7.45% 8.71%
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 2 140.39 163.65 194.55 175.32 148.98 185.22 185.22 185.22
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.($)
15.37x3.27x7.54x-.--% 6.31B
28.94x14.75x20.96x0.74% 665B
11.71x1.54x7.92x0.95% 50.53B
42.27x1.79x10.06x-.--% 47.46B
10.77x2.72x6.58x-.--% 27.95B
19.66x6.02x11.49x-.--% 25.68B
-25.3x3.32x7.07x1.19% 22.79B
19.63x6.42x19.81x-.--% 10.39B
154.45x9.42x144.45x-.--% 9.7B
15.73x2.68x6.33x4.89% 7.72B
Average 29.32x 5.19x 24.22x 0.78% 87.39B
Weighted average by Cap. 27.46x 12.00x 19.65x 0.7%

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