Company Valuation: IMI plc

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Capitalization 1 4,519 3,335 4,352 4,643 6,101 6,499 - -
Change - -26.19% 30.49% 6.67% 31.41% 6.52% - -
Enterprise Value (EV) 1 5,139 4,147 4,991 5,191 6,634 7,070 6,799 6,609
Change - -19.29% 20.34% 4% 27.81% 6.58% -3.83% -2.8%
P/E ratio 23.7x 14.8x 18.5x 19x 20.1x 20.8x 19.2x 17.7x
PBR 5.97x 3.69x 4.25x 4.34x 5.59x 6.36x 5.17x 4.77x
PEG - 0.8x 4.03x 3.94x 0.7x 4.16x 2.17x 2.21x
Capitalization / Revenue 2.42x 1.63x 1.98x 2.1x 2.65x 2.75x 2.66x 2.55x
EV / Revenue 2.75x 2.02x 2.27x 2.35x 2.88x 2.99x 2.78x 2.59x
EV / EBITDA 12.7x 9.08x 9.92x 9.86x 12.1x 12.5x 11.5x 10.6x
EV / EBIT 16.2x 11.4x 12.2x 11.9x 14.4x 14.9x 13.6x 12.4x
EV / FCF 24.3x 19.5x 17.6x 18.5x 20.9x 22x 20.1x 18.9x
FCF Yield 4.12% 5.12% 5.68% 5.4% 4.77% 4.55% 4.98% 5.28%
Dividend per Share 2 0.237 0.257 0.283 0.311 0.342 0.3636 0.3959 0.4276
Rate of return 1.37% 2% 1.68% 1.71% 1.37% 1.34% 1.46% 1.58%
EPS 2 0.732 0.872 0.912 0.956 1.238 1.3 1.415 1.528
Distribution rate 32.4% 29.5% 31% 32.5% 27.6% 28% 28% 28%
Net sales 1 1,866 2,049 2,196 2,210 2,304 2,367 2,445 2,548
EBITDA 1 403.5 457 503.2 526.3 549.5 565.2 590.8 621.2
EBIT 1 318 363.8 410.6 435.5 460.1 475 500.3 531.2
Net income 1 196.3 226.3 237.3 248.5 309.9 310.4 328.3 344.1
Net Debt 1 619.9 812 638.6 547.7 532.8 571.7 300.7 110.6
Reference price 2 17.36 12.88 16.84 18.21 24.88 27.10 27.10 27.10
Nbr of stocks (in thousands) 260,311 258,957 258,455 254,960 245,217 239,797 - -
Announcement Date 25/02/22 03/03/23 01/03/24 28/02/25 06/03/26 - - -
1GBP in Million2GBP
Estimates

P/E ratio, Detailed evolution

P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
20.85x2.99x12.51x1.34% 8.7B
31.33x5.42x20.15x0.86% 107B
44.47x7.67x28.72x1.37% 44.93B
22.76x3.36x14.41x1.02% 27.95B
19.39x1.59x11.77x2.5% 27.49B
28.28x3.7x13.66x0.12% 26.82B
26.55x4.33x15.5x1.5% 26.63B
23.61x2.8x12.2x1.62% 25.28B
25.36x3.27x15.68x1.81% 23.86B
29.53x2.61x16.78x1.81% 22.97B
Average 27.21x 3.77x 16.14x 1.4% 34.21B
Weighted average by Cap. 29.41x 4.43x 17.94x 1.26%

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