Company Valuation: Jet2 plc

Data adjusted to current consolidation scope
Fiscal Period: March 2021 2022 2023 2024 2025 2026 2027 2028
Capitalization 1 2,721 2,457 2,818 3,096 2,660 2,050 - -
Change - -9.68% 14.66% 9.87% -14.08% -22.91% - -
Enterprise Value (EV) 1 2,660 1,799 1,568 1,366 642 11.43 54.9 296.3
Change - -32.36% -12.85% -12.86% -53.01% -98.22% 380.29% 439.62%
P/E ratio -8.39x -7.79x 10.4x 8.46x 5.98x 5.26x 8.78x 5.75x
PBR 2.36x 2.74x 2.78x 2.2x 1.66x 1.2x 1.06x 0.9x
PEG - 2.8x -0x 0.2x 0.3x -3.73x -0.2x 0.1x
Capitalization / Revenue 6.88x 2x 0.56x 0.49x 0.37x 0.27x 0.25x 0.23x
EV / Revenue 6.73x 1.46x 0.31x 0.22x 0.09x 0x 0.01x 0.03x
EV / EBITDA -15.5x -10.9x 2.7x 2.01x 0.87x 0.02x 0.09x 0.37x
EV / EBIT -7.91x -5.55x 3.98x 3.19x 1.44x 0.03x 0.23x 0.73x
EV / FCF -3.05x 2.8x 2.08x 2x 0.97x 0.02x 0.13x -8.68x
FCF Yield -32.8% 35.7% 48.2% 50% 103% 4,424% 791% -11.5%
Dividend per Share 2 - - 0.11 0.147 0.165 0.1715 0.1564 0.1776
Rate of return - - 0.84% 1.02% 1.33% 1.6% 1.46% 1.65%
EPS 2 -1.512 -1.47 1.266 1.704 2.072 2.043 1.224 1.869
Distribution rate - - 8.69% 8.63% 7.96% 8.39% 12.8% 9.5%
Net sales 1 395.4 1,232 5,034 6,255 7,174 7,596 8,133 8,915
EBITDA 1 -171.6 -165.6 581.8 680.3 738.9 755.8 606.1 796.8
EBIT 1 -336.1 -323.9 394 428.2 446.5 437.8 244 406.6
Net income 1 -271.2 -315.4 290.8 399.2 446.8 402.2 236 359.8
Net Debt 1 -60.7 -658.3 -1,250 -1,729 -2,018 -2,039 -1,996 -1,754
Reference price 2 12.68 11.45 13.12 14.42 12.39 10.74 10.74 10.74
Nbr of stocks (in thousands) 214,561 214,619 214,681 214,681 214,684 190,915 - -
Announcement Date 7/8/21 7/7/22 7/6/23 7/11/24 7/9/25 - - -
1GBP in Million2GBP
Estimates

P/E ratio, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
5.26x0x0.02x1.6% 2.73B
14.95x0.87x7.41x1.1% 45.89B
9.47x0.7x6.18x-.--% 30.14B
10.71x1.35x5.58x2.11% 26.87B
7.54x0.71x3.44x2.4% 22.29B
-305.83x2.29x12.1x0.23% 17.39B
-11.97x1.56x10.2x-.--% 15.35B
18.39x1.28x5.69x4.28% 15.8B
8.77x1.09x4.49x3.41% 13.64B
309.83x1.69x9.3x-.--% 12.72B
Average 6.71x 1.15x 6.44x 1.51% 20.28B
Weighted average by Cap. 1.44x 1.15x 6.85x 1.4%

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