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 4,379 4,137 - -
Change - 5.86% 2.02% -25.92% -7.84% -5.53% - -
Enterprise Value (EV) 1 9,500 10,074 10,810 9,468 9,611 9,330 9,309 9,296
Change - 6.04% 7.31% -12.41% 1.51% -2.92% -0.23% -0.14%
P/E 141x 22.7x 21.8x 19.3x 21.4x 13.8x 12.6x 11.6x
PBR 1.44x 1.53x 1.83x 1.43x 1.4x 1.28x 1.24x 1.2x
PEG - 0x 1.3x -1.6x -1.7x 0.3x 1.34x 1.33x
Capitalization / Revenue 3.49x 2.39x 2.17x 1.63x 1.5x 1.42x 1.38x 1.31x
EV / Revenue 5.58x 3.84x 3.65x 3.24x 3.29x 3.2x 3.1x 2.95x
EV / EBITDA 19.8x 11.3x 10.2x 9.19x 8.95x 8.94x 8.4x 7.87x
EV / EBIT 62x 18.5x 16x 15x 14.8x 15.5x 14.3x 13.3x
EV / FCF 33.1x 31.7x 27.2x 33.4x 128x 24.1x 27.7x 23.7x
FCF Yield 3.02% 3.16% 3.68% 2.99% 0.78% 4.15% 3.61% 4.22%
Dividend per Share 2 0.347 0.742 0.97 0.97 0.97 0.9318 0.9873 1.073
Rate of return 1.18% 2.38% 2.78% 3.58% 3.7% 3.76% 3.99% 4.34%
EPS 2 0.209 1.375 1.599 1.406 1.224 1.796 1.964 2.135
Distribution rate 166% 54% 60.7% 69% 79.2% 51.9% 50.3% 50.3%
Net sales 1 1,703 2,625 2,960 2,922 2,920 2,913 3,005 3,151
EBITDA 1 480.2 888 1,057 1,030 1,074 1,044 1,109 1,181
EBIT 1 153.3 543.5 674.2 629.6 648.9 600.6 648.9 701
Net income 1 42.5 278.8 312.1 253.7 212.9 306 332.2 355.1
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 24.75 24.75 24.75
Nbr of stocks (in thousands) 201,600 201,828 183,667 175,524 167,142 167,142 - -
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 (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
19.14x3.44x9.81x4.26% 15.21B
13.78x3.2x8.94x3.76% 5.64B
17.1x5.56x11.06x2.27% 5.63B
20.84x4.21x10.7x1.05% 4.92B
16.09x2.23x9.34x2.75% 4.9B
17.37x1.66x7.93x3.17% 2.78B
17.71x1.35x8.21x1.93% 2.49B
Average 17.43x 3.09x 9.43x 2.74% 5.94B
Weighted average by Cap. 17.78x 3.40x 9.69x 3.15%

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