Company Valuation: Penske Automotive Group, Inc.

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 8,395 8,195 10,780 10,178 10,425 12,773 - -
Change - -2.38% 31.55% -5.58% 2.42% 22.53% - -
Enterprise Value (EV) 1 9,768 9,711 12,313 11,958 12,526 15,303 15,360 15,460
Change - -0.59% 26.8% -2.88% 4.75% 22.17% 0.38% 0.65%
P/E 7.2x 6.2x 10.4x 11.1x 11.2x 14.4x 13.7x 13.3x
PBR 2.09x 1.93x 2.28x 1.95x 1.88x 2.17x 2.03x 1.85x
PEG - 0.3x -0.6x -1x 3.95x -3.13x 2.74x 3.73x
Capitalization / Revenue 0.33x 0.29x 0.37x 0.33x 0.34x 0.4x 0.38x 0.38x
EV / Revenue 0.38x 0.35x 0.42x 0.39x 0.41x 0.48x 0.46x 0.46x
EV / EBITDA 5.35x 4.72x 7.27x 8.05x 8.58x 10.4x 10x -
EV / EBIT 7.11x 6.53x 8.84x 9.08x 10.2x 12x 11.5x 11.5x
EV / FCF 9.36x 8.25x 17.1x 14.7x 19.3x 25.7x 25.8x -
FCF Yield 10.7% 12.1% 5.83% 6.78% 5.19% 3.89% 3.87% -
Dividend per Share 2 1.78 2.07 3.04 4.09 5.18 5.561 5.74 5.76
Rate of return 1.66% 1.8% 1.89% 2.68% 3.27% 2.86% 2.95% 2.96%
EPS 2 14.89 18.55 15.5 13.74 14.13 13.48 14.16 14.66
Distribution rate 12% 11.2% 19.6% 29.8% 36.7% 41.3% 40.6% 39.3%
Net sales 1 25,555 27,815 29,527 30,455 30,616 32,104 33,224 33,957
EBITDA 1 1,826 2,057 1,694 1,486 1,459 1,476 1,535 -
EBIT 1 1,373 1,488 1,392 1,317 1,232 1,270 1,330 1,345
Net income 1 1,188 1,380 1,053 918.9 935.4 872.6 913.1 910
Net Debt 1 1,373 1,516 1,533 1,780 2,101 2,529 2,587 2,687
Reference price 2 107.22 114.93 160.51 152.44 158.29 194.27 194.27 194.27
Nbr of stocks (in thousands) 78,295 71,303 67,161 66,769 65,859 65,749 - -
Announcement Date 09/02/22 08/02/23 07/02/24 13/02/25 11/02/26 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
14.41x0.48x10.37x2.86% 12.77B
15.77x1.34x16.53x1.33% 10.39B
9.07x0.5x8.63x-.--% 6.55B
20.49x0.91x10.51x1.01% 5.87B
19.13x0.54x9.91x3.68% 4.14B
7.53x0.46x9.06x-.--% 3.95B
13.11x0.33x8.48x1.67% 2.99B
91.84x1.88x8.9x-.--% 2.4B
15.54x0.45x9.57x1.59% 1.69B
Average 22.99x 0.76x 10.22x 1.35% 5.64B
Weighted average by Cap. 18.17x 0.77x 11.08x 1.56%

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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