Company Valuation: Next plc

Data adjusted to current consolidation scope
Fiscal Period: January 2021 2022 2023 2024 2025 2026 2027 2028
Capitalization 1 10,051 9,502 8,020 10,274 10,944 15,913 - -
Change - -5.46% -15.59% 28.1% 6.52% 45.41% - -
Enterprise Value (EV) 1 11,885 11,160 9,832 11,132 12,619 17,531 17,465 17,343
Change - -6.1% -11.9% 13.23% 13.35% 38.93% -0.38% -0.7%
P/E ratio 35.5x 14.2x 11.3x 13x 15.4x 18.6x 17.5x 16.5x
PBR 15.9x 9.77x 6.85x 7.26x 6.7x 8.55x 8.06x 7.38x
PEG - 0x 1.27x 0.9x -2x 0.9x 2.79x 2.55x
Capitalization / Revenue 2.77x 1.95x 1.48x 1.88x 1.73x 2.34x 2.21x 2.1x
EV / Revenue 3.28x 2.3x 1.82x 2.04x 2x 2.58x 2.43x 2.29x
EV / EBITDA 15.3x 10x 8.87x 9.02x 9.01x 11.5x 10.9x 10.3x
EV / EBIT 26.8x 12.3x 10.4x 11.3x 11.7x 14.3x 13.5x 12.7x
EV / FCF 18x 14.2x 16.6x 11.3x 12.6x 23.7x 20.9x 19.4x
FCF Yield 5.57% 7.06% 6.04% 8.83% 7.96% 4.22% 4.78% 5.16%
Dividend per Share 2 - 3.97 2.06 2.06 2.33 5.987 5.163 4.986
Rate of return - 5.34% 3.18% 2.43% 2.49% 4.37% 3.77% 3.64%
EPS 2 2.219 5.24 5.705 6.559 6.055 7.345 7.805 8.31
Distribution rate - 75.8% 36.1% 31.4% 38.5% 81.5% 66.1% 60%
Net sales 1 3,626 4,862 5,414 5,459 6,321 6,799 7,199 7,582
EBITDA 1 777.8 1,113 1,108 1,235 1,400 1,528 1,604 1,678
EBIT 1 444 905.4 941.5 987.9 1,075 1,225 1,293 1,363
Net income 1 286.7 677.5 711.7 802.3 736.1 867.2 917.8 971.8
Net Debt 1 1,834 1,658 1,811 858.5 1,675 1,618 1,552 1,430
Reference price 2 78.82 74.30 64.70 84.94 93.40 136.95 136.95 136.95
Nbr of stocks (in thousands) 127,518 127,886 123,961 120,955 117,174 116,198 - -
Announcement Date 01/04/21 24/03/22 29/03/23 21/03/24 27/03/25 - - -
1GBP in Million2GBP
Estimates

P/E ratio, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
18.65x2.58x11.48x4.37% 21.43B
28.09x4.1x14.71x3.19% 203B
41.36x4.85x21.11x0.85% 122B
29.31x2.59x18.43x0.86% 61.35B
49.29x2.95x11.72x1.25% 38.79B
24.51x1.48x8.65x3.88% 31.01B
23.58x3.8x16.51x1.2% 26.43B
32.3x1.73x15.77x-.--% 18.89B
19.56x1.85x8.69x3.14% 10.25B
12.18x0.56x5.24x2.48% 9.74B
Average 27.88x 2.65x 13.23x 2.12% 54.31B
Weighted average by Cap. 31.63x 3.60x 15.73x 2.12%
See all sector valuations

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