Company Valuation: Whitbread PLC

Data adjusted to current consolidation scope
Fiscal Period: February 2022 2023 2024 2025 2026 2027 2028 2029
Market Cap 1 5,939 6,287 6,414 4,751 4,374 4,052 - -
Change - 5.86% 2.02% -25.92% -7.95% -7.37% - -
Enterprise Value (EV) 1 9,500 10,074 10,810 9,468 9,606 9,245 9,224 9,211
Change - 6.04% 7.31% -12.41% 1.45% -3.75% -0.23% -0.14%
P/E 141x 22.7x 21.8x 19.3x 21.4x 13.5x 12.4x 11.4x
PBR 1.44x 1.53x 1.83x 1.43x 1.4x 1.25x 1.22x 1.17x
PEG - 0x 1.3x -1.6x -1.7x 0.3x 1.31x 1.39x
Capitalization / Revenue 3.49x 2.39x 2.17x 1.63x 1.5x 1.39x 1.35x 1.29x
EV / Revenue 5.58x 3.84x 3.65x 3.24x 3.29x 3.17x 3.07x 2.92x
EV / EBITDA 19.8x 11.3x 10.2x 9.19x 8.94x 8.86x 8.32x 7.82x
EV / EBIT 62x 18.5x 16x 15x 14.8x 15.4x 14.2x 13.2x
EV / FCF 33.1x 31.7x 27.2x 33.4x 128x 23.9x 27.4x 23.5x
FCF Yield 3.02% 3.16% 3.68% 2.99% 0.78% 4.19% 3.65% 4.25%
Dividend per Share 2 0.347 0.742 0.97 0.97 0.97 0.9318 0.9853 1.068
Rate of return 1.18% 2.38% 2.78% 3.58% 3.7% 3.84% 4.06% 4.41%
EPS 2 0.209 1.375 1.599 1.406 1.224 1.79 1.959 2.12
Distribution rate 166% 54% 60.7% 69% 79.2% 52.1% 50.3% 50.4%
Net sales 1 1,703 2,625 2,960 2,922 2,920 2,912 3,004 3,149
EBITDA 1 480.2 888 1,057 1,030 1,074 1,043 1,108 1,179
EBIT 1 153.3 543.5 674.2 629.6 648.9 599.8 648.1 698.9
Net income 1 42.5 278.8 312.1 253.7 212.9 305 331.3 352.6
Net Debt 1 3,561 3,787 4,397 4,717 5,232 5,194 5,173 5,159
Reference price 2 29.46 31.15 34.92 27.07 26.20 24.24 24.24 24.24
Nbr of stocks (in thousands) 201,600 201,828 183,667 175,524 166,942 167,142 - -
Announcement Date 4/28/22 4/25/23 4/30/24 5/1/25 4/30/26 - - -
1GBP in Million2GBP
Estimates

P/E, Detailed evolution

P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
13.57x3.18x8.87x3.83% 5.54B
19.18x3.45x9.83x4.25% 15.23B
16.98x5.53x11.01x2.29% 5.59B
15.8x2.15x9.07x3.21% 4.71B
20.65x4.18x10.63x1.06% 4.87B
17.73x1.68x8.05x3.11% 2.83B
17.61x1.33x8.18x1.95% 2.47B
14.59x1.52x5.96x3.74% 2.04B
Average 17.01x 2.88x 8.95x 2.93% 5.41B
Weighted average by Cap. 17.58x 3.30x 9.47x 3.24%

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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