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 3,981 - -
Change - 5.86% 2.02% -25.92% -7.95% -8.98% - -
Enterprise Value (EV) 1 9,500 10,074 10,810 9,468 9,606 4,642 4,634 4,612
Change - 6.04% 7.31% -12.41% 1.45% -51.67% -0.17% -0.47%
P/E Ratio 141x 22.7x 21.8x 19.3x 21.4x 12.9x 11.9x 11.3x
PBR 1.44x 1.53x 1.83x 1.43x 1.4x 1.23x 1.19x 1.15x
PEG - 0x 1.3x -1.6x -1.7x 0.3x 1.46x 2.2x
Capitalization / Revenue 3.49x 2.39x 2.17x 1.63x 1.5x 1.36x 1.3x 1.27x
EV / Revenue 5.58x 3.84x 3.65x 3.24x 3.29x 1.59x 1.51x 1.47x
EV / EBITDA 19.8x 11.3x 10.2x 9.19x 8.94x 5.74x 5.17x 3.98x
EV / EBIT 62x 18.5x 16x 15x 14.8x 7.94x 6.89x 6.42x
EV / FCF 33.1x 31.7x 27.2x 33.4x 128x 13x 12.9x 14.6x
FCF Yield 3.02% 3.16% 3.68% 2.99% 0.78% 7.69% 7.76% 6.83%
Dividend per Share 2 0.347 0.742 0.97 0.97 0.97 0.9473 1.009 1.052
Rate of return 1.18% 2.38% 2.78% 3.58% 3.7% 3.98% 4.24% 4.42%
EPS 2 0.209 1.375 1.599 1.406 1.224 1.85 2.001 2.104
Distribution rate 166% 54% 60.7% 69% 79.2% 51.2% 50.4% 50%
Net sales 1 1,703 2,625 2,960 2,922 2,920 2,925 3,060 3,135
EBITDA 1 480.2 888 1,057 1,030 1,074 809 897 1,158
EBIT 1 153.3 543.5 674.2 629.6 648.9 585 673 718
Net income 1 42.5 278.8 312.1 253.7 212.9 285 333 356
Net Debt 1 3,561 3,787 4,397 4,717 5,232 661 653 631
Reference price 2 29.46 31.15 34.92 27.07 26.20 23.82 23.82 23.82
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 Ratio, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
17.55x3.17x9.12x4.5% 13.73B
17.76x5.68x11.45x2.17% 5.94B
18.54x4.21x10.72x1.06% 4.94B
15.56x2.19x9.08x3.15% 4.65B
18.41x1.73x8.21x3% 2.91B
17.52x1.33x8.56x1.95% 2.28B
15.02x1.54x6.01x3.66% 2.1B
Average 17.19x 2.84x 9.02x 2.78% 5.22B
Weighted average by Cap. 17.39x 3.27x 9.43x 3.16%

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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