Company Valuation: Netcall plc

Data adjusted to current consolidation scope
Fiscal Period: June 2021 2022 2023 2024 2025 2026 2027
Market Cap 1 108.6 124.4 163.5 151.7 191.8 197 -
Change - 14.51% 31.43% -7.2% 26.41% 2.74% -
Enterprise Value (EV) 1 101 109.1 138.7 185.7 164.6 177 170.7
Change - 8.06% 27.16% 33.86% -11.36% 7.5% -3.55%
P/E - - - - - 67.9x 46.2x
PBR - - 4.81x 3.85x 4.39x 4.04x 3.68x
PEG - - - - - - 1x
Capitalization / Revenue 4x 4.08x 4.54x 3.88x 4x 3.41x 2.93x
EV / Revenue 3.72x 3.58x 3.85x 4.76x 3.43x 3.07x 2.54x
EV / EBITDA 18.9x 17x 17.3x 22x 16.8x 14.7x 11.5x
EV / EBIT 29.7x 23.1x 18.2x 23.1x 17.7x 18.2x 14.9x
EV / FCF - 13.3x 15.7x 15.3x 23.9x 19.4x 15x
FCF Yield - 7.5% 6.37% 6.54% 4.18% 5.14% 6.67%
Dividend per Share 2 0.0037 0.0054 0.0083 0.0089 0.0094 0.011 0.0129
Rate of return 0.51% 0.65% 0.81% 0.97% 0.82% 0.96% 1.12%
EPS 2 - - - - - 0.017 0.025
Distribution rate - - - - - 64.9% 51.5%
Net sales 1 27.15 30.46 36.04 39.06 47.96 57.73 67.24
EBITDA 1 5.338 6.405 8.003 8.44 9.819 12.07 14.88
EBIT 1 3.405 4.729 7.626 8.042 9.312 9.751 11.49
Net income - - - - - - -
Net Debt 1 -7.672 -15.29 -24.75 34.01 -27.16 -20.06 -26.34
Reference price 2 0.730 0.830 1.020 0.920 1.150 1.155 1.155
Nbr of stocks (in thousands) 148,817 149,877 160,288 164,908 166,770 170,597 -
Announcement Date 10/6/21 10/5/22 10/11/23 10/9/24 10/8/25 - -
1GBP in Million2GBP
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
24.08x6.44x11.52x1.32% 444B
26.29x5.27x16.63x1.44% 249B
94.24x9.18x24.57x-.--% 151B
-5.82x114.25x1522x-.--% 55.64B
37.8x3.54x13.04x0.18% 46.75B
29.81x11.6x18.97x-.--% 24.17B
35.48x2.35x21.41x-.--% 19.61B
116.44x11.2x47.73x-.--% 16.89B
-216.58x3.83x12.82x - 14.01B
Average 15.75x 18.63x 187.63x 0.37% 113.36B
Weighted average by Cap. 32.55x 12.39x 98.12x 0.95%

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