Financials Sage Group plc

Equities

SGE

GB00B8C3BL03

Software

Market Closed - London S.E. 16:35:23 12/07/2024 BST 5-day change 1st Jan Change
1,064 GBX +1.00% Intraday chart for Sage Group plc -2.07% -9.30%

Valuation

Fiscal Period: September 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 7,530 7,877 7,401 7,077 10,112 10,520 - -
Enterprise Value (EV) 1 7,923 8,028 7,648 7,810 10,673 11,190 10,940 10,529
P/E ratio 28.5 x 25.6 x 27.2 x 27.7 x 48.4 x 33.6 x 28.9 x 25.4 x
Yield 2.45% 2.39% 2.49% 2.64% 1.95% 1.96% 2.09% 2.15%
Capitalization / Revenue 3.89 x 4.14 x 4.01 x 3.63 x 4.63 x 4.46 x 4.08 x 3.74 x
EV / Revenue 4.09 x 4.22 x 4.14 x 4.01 x 4.89 x 4.74 x 4.25 x 3.75 x
EV / EBITDA 16.4 x 16.1 x 17.3 x 16.7 x 19.3 x 19 x 16.7 x 14.6 x
EV / FCF 18.4 x 21.9 x 22.7 x 26.5 x 26.4 x 26 x 22 x 19 x
FCF Yield 5.43% 4.56% 4.41% 3.78% 3.79% 3.85% 4.54% 5.25%
Price to Book 4.99 x 4.76 x 6.65 x 5.09 x 7.17 x 8.81 x 7.45 x 6.29 x
Nbr of stocks (in thousands) 1,089,054 1,092,754 1,043,006 1,015,010 1,022,463 999,066 - -
Reference price 2 6.914 7.208 7.096 6.972 9.890 10.53 10.53 10.53
Announcement Date 20/11/19 20/11/20 17/11/21 16/11/22 22/11/23 - - -
1GBP in Million2GBP
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: September 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 1,936 1,903 1,846 1,947 2,184 2,359 2,576 2,810
EBITDA 1 483 498 443 468 553 588.3 656.5 723.2
EBIT 1 448 411 358 377 456 512.9 576.7 641.2
Operating Margin 23.14% 21.6% 19.39% 19.36% 20.88% 21.75% 22.39% 22.82%
Earnings before Tax (EBT) 1 361 373 347 337 282 430.4 497.3 568.6
Net income 1 266 310 285 260 211 319.6 370.3 423.9
Net margin 13.74% 16.29% 15.44% 13.35% 9.66% 13.55% 14.37% 15.08%
EPS 2 0.2429 0.2815 0.2608 0.2517 0.2043 0.3132 0.3643 0.4154
Free Cash Flow 1 430 366 337 295 404 430.4 496.3 552.9
FCF margin 22.21% 19.23% 18.26% 15.15% 18.5% 18.25% 19.26% 19.68%
FCF Conversion (EBITDA) 89.03% 73.49% 76.07% 63.03% 73.06% 73.17% 75.6% 76.46%
FCF Conversion (Net income) 161.65% 118.06% 118.25% 113.46% 191.47% 134.69% 134.02% 130.44%
Dividend per Share 2 0.1691 0.1725 0.1768 0.1840 0.1930 0.2063 0.2200 0.2263
Announcement Date 20/11/19 20/11/20 17/11/21 16/11/22 22/11/23 - - -
1GBP in Million2GBP
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: September 2020 S1 2020 S2 2021 S1 2021 S2 2022 S1 2022 S2 2023 S1 2023 S2 2024 S1 2024 S2
Net sales 1 975 928 937 909 934 1,013 1,087 1,097 1,152 1,190
EBITDA 256 242 - - - 242 - - - -
EBIT 1 218 193 191 167 183 194 227 229 254 259.1
Operating Margin 22.36% 20.8% 20.38% 18.37% 19.59% 19.15% 20.88% 20.88% 22.05% 21.77%
Earnings before Tax (EBT) 1 275 98 190 157 189 148 139 142 203 209
Net income 1 224 86 146 139 152 108 100 111 156 159
Net margin 22.97% 9.27% 15.58% 15.29% 16.27% 10.66% 9.2% 10.12% 13.54% 13.36%
EPS 2 0.2042 - 0.1319 0.1289 0.1468 0.1049 0.0966 0.1077 0.1503 0.1566
Dividend per Share 0.0593 - - - 0.0630 - 0.0655 - - -
Announcement Date 13/05/20 20/11/20 14/05/21 17/11/21 13/05/22 16/11/22 17/05/23 22/11/23 16/05/24 -
1GBP in Million2GBP
Estimates

Balance Sheet Analysis

Fiscal Period: September 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 393 151 247 733 561 670 420 9.14
Net Cash position 1 - - - - - - - -
Leverage (Debt/EBITDA) 0.8137 x 0.3032 x 0.5576 x 1.566 x 1.014 x 1.139 x 0.6391 x 0.0126 x
Free Cash Flow 1 430 366 337 295 404 430 496 553
ROE (net income / shareholders' equity) 18.8% 19.6% 20.6% 21% 23.5% 27.7% 30.4% 31.4%
ROA (Net income/ Total Assets) 9.27% 8.77% 8.09% 7.28% 8.4% 7.91% 9.47% 9.91%
Assets 1 2,870 3,534 3,522 3,571 2,512 4,042 3,910 4,276
Book Value Per Share 2 1.380 1.510 1.070 1.370 1.380 1.190 1.410 1.680
Cash Flow per Share 2 0.4300 0.3700 0.3400 0.2800 0.3700 0.4700 0.5600 0.6100
Capex 1 42 40 39 12 5 23.6 26.2 28.9
Capex / Sales 2.17% 2.1% 2.11% 0.62% 0.23% 1% 1.02% 1.03%
Announcement Date 20/11/19 20/11/20 17/11/21 16/11/22 22/11/23 - - -
1GBP in Million2GBP
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
B-
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
20
Last Close Price
10.53 GBP
Average target price
12.18 GBP
Spread / Average Target
+15.64%
Consensus
  1. Stock Market
  2. Equities
  3. SGE Stock
  4. Financials Sage Group plc