Company Valuation: RELX PLC

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 46,327 43,690 58,515 67,352 54,936 43,651 - -
Change - -5.69% 33.93% 15.1% -18.44% -20.54% - -
Enterprise Value (EV) 1 52,381 50,294 64,961 73,915 62,137 52,101 52,126 52,142
Change - -3.98% 29.16% 13.78% -15.94% -16.15% 0.05% 0.03%
P/E 31.5x 27x 33.2x 35.2x 27x 19.5x 17.5x 15.4x
PBR 14.3x 11.6x 16.9x 19.3x 23.2x 33.7x 27.6x 26.7x
PEG - 2.5x 3.2x 3.5x 3.13x 1.4x 1.5x 1.1x
Capitalization / Revenue 6.4x 5.11x 6.39x 7.14x 5.73x 4.33x 4.07x 3.78x
EV / Revenue 7.23x 5.88x 7.09x 7.83x 6.48x 5.17x 4.86x 4.52x
EV / EBITDA 19.9x 16.2x 18.7x 19.8x 16.2x 12.7x 11.9x 11x
EV / EBIT 23.7x 18.7x 21.4x 23.1x 18.6x 14.4x 13.5x 12.5x
EV / FCF 27.5x 25.6x 32.8x 34.8x 26.9x 20.9x 19.4x 17.8x
FCF Yield 3.64% 3.91% 3.05% 2.87% 3.72% 4.78% 5.16% 5.63%
Dividend per Share 2 0.498 0.546 0.588 0.63 0.675 0.7277 0.7887 0.8549
Rate of return 2.07% 2.39% 1.89% 1.74% 2.24% 2.91% 3.16% 3.42%
EPS 2 0.763 0.847 0.936 1.031 1.12 1.281 1.428 1.622
Distribution rate 65.3% 64.5% 62.8% 61.1% 60.3% 56.8% 55.2% 52.7%
Net sales 1 7,244 8,553 9,161 9,434 9,590 10,075 10,736 11,538
EBITDA 1 2,637 3,102 3,468 3,724 3,846 4,100 4,395 4,742
EBIT 1 2,210 2,683 3,030 3,199 3,342 3,610 3,871 4,187
Net income 1 1,471 1,634 1,781 1,934 2,065 2,286 2,452 2,729
Net Debt 1 6,054 6,604 6,446 6,563 7,201 8,450 8,475 8,491
Reference price 2 24.02 22.88 31.10 36.29 30.20 24.99 24.99 24.99
Nbr of stocks (in thousands) 1,928,681 1,909,549 1,881,510 1,855,942 1,819,061 1,746,736 - -
Announcement Date 10/02/22 16/02/23 15/02/24 13/02/25 12/02/26 - - -
1GBP in Million2GBP
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
23.34x3.8x13.26x2.85% 224B
-132.68x18.51x102.63x-.--% 119B
14.13x1.56x8.19x3.39% 116B
14.18x2.58x9.75x5.79% 82.73B
20.06x5.29x13.01x2.83% 59.94B
13.88x2.01x8.52x5.62% 44.76B
22.53x1.85x11.5x1.3% 44.62B
21.43x1.63x10.36x0.88% 41.68B
17.34x2.19x10.38x5.04% 35.55B
Average 1.58x 4.38x 20.84x 3.08% 85.44B
Weighted average by Cap. -4.47x 5.32x 25.29x 2.87%

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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