Company Valuation: Smiths Group plc

Data adjusted to current consolidation scope
Fiscal Period: July 2021 2022 2023 2024 2025 2026 2027 2028
Capitalization 1 6,166 5,599 5,924 6,133 7,714 8,175 - -
Change - -9.19% 5.8% 3.53% 25.79% 5.98% - -
Enterprise Value (EV) 1 7,263 5,709 6,311 6,346 8,155 8,610 8,359 8,087
Change - -21.39% 10.54% 0.56% 28.52% 5.57% -2.92% -3.26%
P/E ratio 21.8x 5.8x 26.1x 24.8x 27.6x 23.3x 20.4x 19.5x
PBR 2.57x 2.21x 2.51x 2.74x 3.86x 2.78x 2.81x 5.45x
PEG - 0x -0.3x 2.3x 1.5x 0.7x 1.4x 4.35x
Capitalization / Revenue 2.56x 2.18x 1.95x 1.96x 2.31x 2.7x 2.51x 2.48x
EV / Revenue 3.02x 2.22x 2.08x 2.03x 2.44x 2.85x 2.56x 2.45x
EV / EBITDA 15.9x 11.5x 10.8x 10.4x 12x 13.1x 11.9x 11.5x
EV / EBIT 19.5x 13.7x 12.6x 12.1x 14.1x 15.9x 14.2x 12.9x
EV / FCF 17.3x 29.4x 29.5x 19.1x 21.7x 23.4x 22.3x 19.7x
FCF Yield 5.78% 3.4% 3.39% 5.23% 4.61% 4.27% 4.49% 5.07%
Dividend per Share 2 0.377 0.396 0.416 0.4375 0.46 0.4822 0.5075 0.5347
Rate of return 2.42% 2.57% 2.45% 2.45% 1.96% 1.84% 1.94% 2.04%
EPS 2 0.713 2.66 0.651 0.72 0.853 1.122 1.284 1.342
Distribution rate 52.9% 14.9% 63.9% 60.8% 53.9% 43% 39.5% 39.8%
Net sales 1 2,406 2,566 3,037 3,132 3,336 3,026 3,259 3,301
EBITDA 1 458 495 584 611 682 654.8 701.8 701.7
EBIT 1 372 417 501 526 580 542.4 589.8 627.6
Net income 1 284 1,033 231 250 290 350 381 393.9
Net Debt 1 1,097 110 387 213 441 434.6 183.4 -88.83
Reference price 2 15.56 15.42 16.99 17.86 23.52 26.16 26.16 26.16
Nbr of stocks (in thousands) 396,376 362,982 348,648 343,372 327,996 312,515 - -
Announcement Date 9/28/21 9/23/22 9/26/23 9/24/24 9/23/25 - - -
1GBP in Million2GBP
Estimates

P/E ratio, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
23.31x2.85x13.15x1.84% 11.14B
23.98x - - -.--% 1,076B
29.13x2.23x15.42x0.95% 154B
27.67x4.69x19.5x1.92% 153B
60.4x3.53x29.91x0.49% 111B
20.26x3.91x13.43x1.74% 90.5B
26.6x5.71x19.41x2.14% 86.34B
31.79x1.9x17.24x1% 74.83B
14.61x0.87x5.46x3.02% 22.42B
Average 28.64x 3.21x 16.69x 1.45% 197.65B
Weighted average by Cap. 27.15x 3.55x 18.66x 0.56%

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

  1. Stock Market
  2. Equities
  3. SMIN Stock
  4. Valuation Smiths Group plc