SEVERN TRENT PLC |
Real-time Estimate
Other stock markets
|
5-day change | 1st Jan Change | ||
| 2,480 GBX | -0.72% |
|
-0.04% | -4.07% |
| 04-17 | The market is pinning its hopes on earnings reports |  |
| 04-17 | Bernstein Upgrades Severn Trent to Outperform from Market Perform, Lifts PT | MT |
Valuation
| Fiscal Period: March | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 4,686 | 5,430 | 5,509 | 7,704 | 7,242 | 7,471 | - | - |
| Enterprise Value (EV) 1 | 10,700 | 11,815 | 12,068 | 14,212 | 14,403 | 14,403 | 15,259 | 15,940 |
| P/E ratio | 14.8 x | 34.4 x | 26 x | -87.4 x | 54.6 x | 41.5 x | 29.1 x | 16.2 x |
| Yield | 4.73% | 4.39% | 4.41% | 3.32% | 3.71% | 4.67% | 4.87% | 4.96% |
| Capitalization / Revenue | 2.65 x | 2.94 x | 3.01 x | 3.96 x | 3.35 x | 3.2 x | 3.13 x | 2.83 x |
| EV / Revenue | 6.05 x | 6.41 x | 6.6 x | 7.31 x | 6.65 x | 6.17 x | 6.4 x | 6.05 x |
| EV / EBITDA | 11.6 x | 12.6 x | 14.2 x | 15.7 x | 15.6 x | 14.9 x | 14.3 x | 11.8 x |
| EV / FCF | 467 x | 101 x | 49.7 x | 58.3 x | -74.8 x | -52 x | -34.6 x | -42.8 x |
| FCF Yield | 0.21% | 0.99% | 2.01% | 1.71% | -1.34% | -1.92% | -2.89% | -2.34% |
| Price to Book | 4.01 x | 4.36 x | 4.82 x | 6.04 x | 7.47 x | 3.84 x | 4.33 x | 4.2 x |
| Nbr of stocks (in thousands) | 237,166 | 238,172 | 238,881 | 250,291 | 251,557 | 299,097 | - | - |
| Reference price 2 | 19.76 | 22.80 | 23.06 | 30.78 | 28.79 | 24.98 | 24.98 | 24.98 |
| Announcement Date | 21/05/19 | 20/05/20 | 19/05/21 | 25/05/22 | 24/05/23 | - | - | - |
1GBP in Million2GBP
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: Maart | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 1,767 | 1,844 | 1,827 | 1,943 | 2,165 | 2,333 | 2,385 | 2,636 |
| EBITDA 1 | 919.5 | 935.1 | 850.5 | 907.8 | 926.1 | 964.3 | 1,070 | 1,350 |
| EBIT 1 | 573.6 | 570.3 | 472.8 | 508.3 | 508.8 | 512.6 | 594.9 | 872.3 |
| Operating Margin | 32.45% | 30.93% | 25.88% | 26.16% | 23.5% | 21.97% | 24.95% | 33.1% |
| Earnings before Tax (EBT) 1 | 384.7 | 310.7 | 267.2 | 274.1 | 167.9 | 228.7 | 358.8 | 653.1 |
| Net income 1 | 315.3 | 158.8 | 212.2 | -87.2 | 132.2 | 168 | 263.8 | 462.1 |
| Net margin | 17.84% | 8.61% | 11.61% | -4.49% | 6.11% | 7.2% | 11.06% | 17.53% |
| EPS 2 | 1.332 | 0.6630 | 0.8860 | -0.3520 | 0.5270 | 0.6018 | 0.8573 | 1.542 |
| Free Cash Flow 1 | 22.9 | 117 | 242.6 | 243.6 | -192.6 | -277 | -440.7 | -372.5 |
| FCF margin | 1.3% | 6.34% | 13.28% | 12.54% | -8.9% | -11.87% | -18.48% | -14.13% |
| FCF Conversion (EBITDA) | 2.49% | 12.51% | 28.52% | 26.83% | - | - | - | - |
| FCF Conversion (Net income) | 7.26% | 73.68% | 114.33% | - | - | - | - | - |
| Dividend per Share 2 | 0.9337 | 1.001 | 1.016 | 1.021 | 1.068 | 1.166 | 1.217 | 1.240 |
| Announcement Date | 21/05/19 | 20/05/20 | 19/05/21 | 25/05/22 | 24/05/23 | - | - | - |
1GBP in Million2GBP
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: March | 2020 S1 | 2020 S2 | 2021 S1 | 2021 S2 | 2022 S1 | 2022 S2 | 2023 S1 | 2023 S2 | 2024 S1 | 2024 S2 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 910 | 934 | 887.6 | 939.6 | 958.2 | 985.1 | 1,062 | 1,103 | 1,165 | 1,182 |
| EBITDA | 469.1 | - | 421.2 | - | 456.2 | - | 469.7 | - | 471 | - |
| EBIT | 285.3 | - | 224.6 | - | 255.6 | - | 261.7 | - | 255.1 | - |
| Operating Margin | 31.35% | - | 25.3% | - | 26.68% | - | 24.65% | - | 21.89% | - |
| Earnings before Tax (EBT) | - | - | - | - | - | - | - | - | - | - |
| Net income | - | - | - | - | -180 | - | - | - | - | - |
| Net margin | - | - | - | - | -18.79% | - | - | - | - | - |
| EPS | - | - | - | - | -0.7300 | - | - | - | - | - |
| Dividend per Share | 0.4003 | - | 0.4063 | - | 0.4086 | 0.6128 | 0.4273 | - | 0.4674 | - |
| Announcement Date | 21/11/19 | 20/05/20 | 26/11/20 | 19/05/21 | 23/11/21 | 25/05/22 | 22/11/22 | 24/05/23 | 22/11/23 | - |
1GBP in Million
Estimates
Balance Sheet Analysis
| Fiscal Period: March | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net Debt 1 | 6,013 | 6,385 | 6,560 | 6,508 | 7,161 | 6,932 | 7,788 | 8,469 |
| Net Cash position 1 | - | - | - | - | - | - | - | - |
| Leverage (Debt/EBITDA) | 6.54 x | 6.828 x | 7.713 x | 7.169 x | 7.732 x | 7.188 x | 7.281 x | 6.273 x |
| Free Cash Flow 1 | 22.9 | 117 | 243 | 244 | -193 | -277 | -441 | -373 |
| ROE (net income / shareholders' equity) | 29.2% | 28.9% | 21.1% | 17.4% | 11.8% | 13% | 16.7% | 25.8% |
| ROA (Net income/ Total Assets) | 3.21% | 3.31% | 2.3% | 1.85% | 1.23% | 1.51% | 2.07% | 3.24% |
| Assets 1 | 9,815 | 4,801 | 9,226 | -4,703 | 10,731 | 11,142 | 12,724 | 14,270 |
| Book Value Per Share 2 | 4.930 | 5.230 | 4.780 | 5.100 | 3.850 | 6.500 | 5.770 | 5.950 |
| Cash Flow per Share 2 | 3.400 | 3.740 | 3.670 | 3.590 | 2.970 | 1.890 | 2.310 | 3.320 |
| Capex 1 | 782 | 777 | 636 | 647 | 740 | 1,028 | 1,277 | 1,290 |
| Capex / Sales | 44.25% | 42.15% | 34.8% | 33.29% | 34.16% | 44.06% | 53.56% | 48.93% |
| Announcement Date | 21/05/19 | 20/05/20 | 19/05/21 | 25/05/22 | 24/05/23 | - | - | - |
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
C+
Sell
Buy
Mean consensus
HOLD
Number of Analysts
12
Last Close Price
24.98
GBP
Average target price
27.1
GBP
Spread / Average Target
+8.47%
EPS Revisions
Quarterly revenue - Rate of surprise
| 1st Jan change | Capi. | |
|---|---|---|
| -3.41% | 9.33B | |
| +7.23% | 10.67B | |
| -0.37% | 10.18B | |
| -0.42% | 8.98B | |
| +25.31% | 2.92B | |
| -3.93% | 2.88B | |
| -10.37% | 2.68B | |
| -9.58% | 2.42B | |
| -4.78% | 1.71B | |
| +5.75% | 1.57B |
- Stock Market
- Equities
- SVT Stock
- Financials Severn Trent Plc
