Valuation Spirent Communications plc

Stocks

Market Closed - London S.E. 07:30:00 16/10/2025 BST			5-day change	1st Jan Change
198.80 ^GBX	-.--%		+0.10%	-

10-13	Keysight Technologies (Spirent Services) Limited Change of Accounting Reference Date	CI
03-26	Spirent Communications Announces Landslide M6 Platform For Validating Next-Generation Mobile Core Networks	CI

Data adjusted to current consolidation scope

Fiscal Period: December	2019	2020	2021	2022	2023	2024
Market Cap ¹	2,034	2,197	2,275	1,902	894	1,276
Change	-	8.03%	3.54%	-16.39%	-53%	42.7%
Enterprise Value (EV) ¹	1,884	1,984	2,130	1,715	807.3	1,154
Change	-	5.34%	7.35%	-19.5%	-52.92%	42.98%
P/E	26.4x	26.3x	25.7x	19.2x	36.9x	99.8x
PBR	5.05x	4.95x	5.07x	4.06x	2.39x	3.25x
PEG	-	3.08x	4.25x	1.5x	-0.5x	-2.1x
Capitalization / Revenue	4.04x	4.21x	3.95x	3.13x	1.88x	2.77x
EV / Revenue	3.74x	3.8x	3.7x	2.82x	1.7x	2.51x
EV / EBITDA	17.9x	17.6x	16.9x	12.9x	16.5x	25.4x
EV / EBIT	21.3x	20x	19.5x	14.6x	24.3x	36.3x
EV / FCF	21.4x	22.7x	29.6x	16.9x	34.2x	18.5x
FCF Yield	4.68%	4.41%	3.38%	5.92%	2.92%	5.41%
Dividend per Share ²	0.0539	0.0604	0.0676	0.0757	0.0276	-
Rate of return	1.62%	1.68%	1.81%	2.41%	1.76%	-
EPS ²	0.1263	0.1371	0.1454	0.1636	0.0426	0.0222
Distribution rate	42.7%	44.1%	46.5%	46.3%	64.8%	-
Net sales ¹	503.6	522.4	576	607.5	474.3	460.2
EBITDA ¹	105.1	112.6	126.4	133.4	48.8	45.5
EBIT ¹	88.3	99	109	117.1	33.2	31.8
Net income ¹	78	84.4	89.2	99.9	25.2	12.9
Net Debt ¹	-150.2	-213	-145	-187.5	-86.7	-121.5
Reference price ²	3.331	3.604	3.740	3.135	1.571	2.216
Nbr of stocks (in thousands)	610,642	609,642	608,342	606,742	569,246	575,746
Announcement Date	24/03/20	24/03/21	30/03/22	03/04/23	27/03/24	21/05/25

¹USD in Million²USD

Estimates

Add to a list 0 selected To use this feature you must be a member Log in Sign up	P/E (Y)	EV / Sales (Y)	EV / EBITDA (Y)	Dividend Yield (Y)	Capi.($)
SPIRENT COMMUNICATIONS PLC	-	-	-	-	1.56B
CISCO SYSTEMS, INC.	25.55x	5.73x	14.84x	1.62%	420B
ARISTA NETWORKS, INC.	44.84x	15.8x	31.67x	-.--%	217B
FOXCONN INDUSTRIAL INTERNET CO., LTD.	15.78x	0.63x	11.46x	2.87%	145B
ZHONGJI INNOLIGHT CO., LTD.	19.09x	5.93x	14.32x	0.64%	108B
MOTOROLA SOLUTIONS, INC.	34.57x	6.71x	19.44x	1.01%	79.74B
LUMENTUM HOLDINGS INC.	34.83x	10.4x	23.27x	-.--%	68.5B
GARMIN LTD.	29.22x	6.68x	22.04x	1.4%	56.65B
NOKIA OYJ	38.57x	1.88x	11.75x	2.07%	46.7B
CIENA CORPORATION	55.63x	7.2x	31.87x	-.--%	45.42B
Average	33.12x	6.78x	20.07x	1.07%	118.89B
Weighted average by Cap.	30.28x	7.25x	19.13x	1.2%