Company Valuation: IMI plc

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 4,519 3,335 4,352 4,643 6,101 6,779 - -
Change - -26.19% 30.49% 6.67% 31.41% 11.11% - -
Enterprise Value (EV) 1 5,139 4,147 4,991 5,191 6,634 7,349 7,107 6,861
Change - -19.29% 20.34% 4% 27.81% 10.78% -3.3% -3.45%
P/E 23.7x 14.8x 18.5x 19x 20.1x 21.6x 19.8x 18.1x
PBR 5.97x 3.69x 4.25x 4.34x 5.59x 7.01x 5.38x 4.24x
PEG - 0.8x 4.03x 3.94x 0.7x 3.02x 2.24x 1.98x
Capitalization / Revenue 2.42x 1.63x 1.98x 2.1x 2.65x 2.85x 2.75x 2.64x
EV / Revenue 2.75x 2.02x 2.27x 2.35x 2.88x 3.09x 2.89x 2.67x
EV / EBITDA 12.7x 9.08x 9.92x 9.86x 12.1x 12.9x 11.8x 10.9x
EV / EBIT 16.2x 11.4x 12.2x 11.9x 14.4x 15.4x 14.1x 12.8x
EV / FCF 24.3x 19.5x 17.6x 18.5x 20.9x 23.2x 21.4x 19.4x
FCF Yield 4.12% 5.12% 5.68% 5.4% 4.77% 4.3% 4.68% 5.15%
Dividend per Share 2 0.237 0.257 0.283 0.311 0.342 0.3647 0.3994 0.4304
Rate of return 1.37% 2% 1.68% 1.71% 1.37% 1.28% 1.4% 1.51%
EPS 2 0.732 0.872 0.912 0.956 1.238 1.327 1.444 1.576
Distribution rate 32.4% 29.5% 31% 32.5% 27.6% 27.5% 27.7% 27.3%
Net sales 1 1,866 2,049 2,196 2,210 2,304 2,375 2,462 2,567
EBITDA 1 403.5 457 503.2 526.3 549.5 571.1 599.9 630.6
EBIT 1 318 363.8 410.6 435.5 460.1 475.9 504.2 538
Net income 1 196.3 226.3 237.3 248.5 309.9 316.3 335.5 364.6
Net Debt 1 619.9 812 638.6 547.7 532.8 570.2 328.1 82.69
Reference price 2 17.36 12.88 16.84 18.21 24.88 28.60 28.60 28.60
Nbr of stocks (in thousands) 260,311 258,957 258,455 254,960 245,217 237,018 - -
Announcement Date 25/02/22 03/03/23 01/03/24 28/02/25 06/03/26 - - -
1GBP in Million2GBP
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
34.94x6x22.29x0.77% 120B
30.21x5.56x19.21x2% 36.81B
35.33x4.5x16.63x0.1% 33.11B
21.52x1.78x13.07x2.26% 30.6B
26.79x3.23x13.91x1.4% 28.52B
21.89x3.18x13.69x1.07% 26.67B
22.42x3.45x11.58x1.63% 24.91B
25.48x3.21x15.69x1.78% 23.26B
95.46x32.97x77.29x0.4% 22.41B
Average 34.89x 7.10x 22.60x 1.27% 38.47B
Weighted average by Cap. 33.99x 6.37x 21.60x 1.15%

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