Company Valuation: Forterra plc

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 627.2 386.2 364.4 341.2 390 273.7 - -
Change - -38.43% -5.63% -6.37% 14.31% -29.83% - -
Enterprise Value (EV) 1 602.8 410.1 481.8 447 465.6 345.1 330.9 312.1
Change - -31.98% 17.5% -7.23% 4.17% -25.88% -4.13% -5.67%
P/E 14x 6.86x 28.5x 19.5x 23.2x 12.3x 10.8x 9x
PBR 2.68x 1.83x 1.81x 1.52x 1.68x 1.2x 1.13x 1.06x
PEG - 0.2x -0.4x 0.6x -6.42x 0.3x 0.8x 0.5x
Capitalization / Revenue 1.69x 0.85x 1.05x 0.99x 1.01x 0.73x 0.7x 0.66x
EV / Revenue 1.63x 0.9x 1.39x 1.3x 1.21x 0.93x 0.85x 0.75x
EV / EBITDA 8.56x 4.6x 8.29x 8.6x 7.56x 6.13x 5.34x 4.4x
EV / EBIT 11.2x 5.64x 12.6x 14.3x 11.1x 9.67x 8.27x 6.52x
EV / FCF 17.1x 9.13x -10.6x 16.9x 8.69x 13.2x 10.9x 8.83x
FCF Yield 5.84% 10.9% -9.4% 5.91% 11.5% 7.58% 9.19% 11.3%
Dividend per Share 2 0.099 0.146 0.044 0.03 0.062 0.0525 0.065 0.079
Rate of return 3.59% 7.82% 2.49% 1.85% 3.34% 3.94% 4.88% 5.93%
EPS 2 0.197 0.272 0.062 0.083 0.08 0.1084 0.124 0.1482
Distribution rate 50.3% 53.7% 71% 36.1% 77.5% 48.4% 52.5% 53.3%
Net sales 1 370.4 455.5 346.4 344.3 386 372.4 391 417.8
EBITDA 1 70.4 89.2 58.1 52 61.6 56.31 62.01 70.97
EBIT 1 54 72.7 38.1 31.2 42 35.69 40.01 47.88
Net income 1 45.5 58.8 12.8 17.5 17 22.75 26 31.48
Net Debt 1 -24.4 23.9 117.4 105.8 75.6 71.41 57.18 38.42
Reference price 2 2.760 1.866 1.768 1.620 1.854 1.334 1.334 1.334
Nbr of stocks (in thousands) 227,258 206,948 206,112 210,614 210,370 205,168 - -
Announcement Date 10/03/22 09/03/23 26/03/24 12/03/25 11/03/26 - - -
1GBP in Million2GBP
Estimates

P/E, Detailed evolution

P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
17.66x2.09x10x1.5% 69.97B
32.27x5.14x16.95x0.71% 38.31B
42.01x4.11x21.8x0.68% 36.12B
30.49x5.48x16.08x0.6% 34.69B
13.37x1.6x7.32x2.27% 34.5B
32.88x9.27x20.25x1.36% 32.6B
19.59x2.55x9.74x1.24% 28.25B
516.52x5.64x132.85x0.31% 22.86B
12.09x1.33x6.65x0.8% 18.11B
Average 79.65x 4.13x 26.85x 1.05% 35.05B
Weighted average by Cap. 60.75x 4.01x 22.32x 1.13%

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