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 06/10/21 05/10/22 11/10/23 09/10/24 08/10/25 - -
1GBP in Million2GBP
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
- 3.07x14.66x0.96% 266M
22.09x6.04x10.78x1.44% 420B
26.1x5.23x16.51x1.45% 243B
92.5x9.01x24.11x-.--% 141B
-5.93x101.65x881.35x-.--% 47.33B
37.6x3.53x12.98x0.18% 46.66B
29.4x11.47x18.76x-.--% 23.75B
35.18x2.33x21.19x-.--% 19.68B
115.42x11.1x47.3x-.--% 16.05B
-212.4x3.76x12.59x - 13.78B
Average 15.55x 15.72x 106.02x 0.45% 97.14B
Weighted average by Cap. 31.38x 10.91x 57.71x 1.01%

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

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  4. Valuation Netcall plc