Company Valuation: Telecom Plus Plc

Data adjusted to current consolidation scope
Fiscal Period: March 2022 2023 2024 2025 2026 2027 2028 2029
Market Cap 1 1,205 1,497 1,280 1,380 1,031 669.3 - -
Change - 24.2% -14.48% 7.83% -25.28% -35.11% - -
Enterprise Value (EV) 1 1,276 1,600 1,403 1,496 1,175 841.2 847.1 845.9
Change - 25.45% -12.35% 6.67% -21.5% -28.38% 0.71% -0.15%
P/E 34x 22.2x 18.3x 18.3x 12.9x 12.2x 10.4x 7.82x
PBR 5.85x - 5.53x 5.47x 3.86x 2.52x 2.48x 2.63x
PEG - 0.2x 4.33x 2.58x 2.56x -0.4x 0.6x 0.2x
Capitalization / Revenue 1.25x 0.6x 0.63x 0.75x 0.53x 0.33x 0.32x 0.31x
EV / Revenue 1.32x 0.65x 0.69x 0.81x 0.61x 0.41x 0.4x 0.39x
EV / EBITDA 17.3x 14.5x 10.5x 10.1x 7.26x 7.32x 6.82x 5.98x
EV / EBIT 19.6x 16.6x 11.4x 11x 8.12x 8.72x 8.04x 6.84x
EV / FCF 30.8x 7.11x -9.67x 16.3x 21.7x 20.7x 15.9x 14.6x
FCF Yield 3.24% 14.1% -10.3% 6.12% 4.62% 4.83% 6.29% 6.86%
Dividend per Share 2 0.57 0.8 0.83 0.94 0.5 0.3281 0.3737 0.4464
Rate of return 3.73% 4.23% 5.1% 5.4% 3.87% 3.82% 4.35% 5.2%
EPS 2 0.45 0.852 0.888 0.951 0.999 0.7057 0.8267 1.098
Distribution rate 127% 93.9% 93.5% 98.8% 50.1% 46.5% 45.2% 40.6%
Net sales 1 967.4 2,475 2,039 1,838 1,941 2,049 2,117 2,181
EBITDA 1 73.62 110.4 133.3 148.1 161.8 114.9 124.2 141.4
EBIT 1 65.18 96.38 122.6 136.2 144.6 96.44 105.3 123.6
Net income 1 35.47 68.43 71.04 76.1 80.67 55.22 62.39 80.8
Net Debt 1 70.4 103.4 122.5 115.9 143.1 171.9 177.8 176.6
Reference price 2 15.300 18.900 16.280 17.400 12.920 8.590 8.590 8.590
Nbr of stocks (in thousands) 78,773 79,202 78,631 79,331 79,835 77,918 - -
Announcement Date 21/06/22 27/06/23 18/06/24 24/06/25 23/06/26 - - -
1GBP in Million2GBP
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
12.17x0.41x7.32x3.82% 901M
37.21x6.35x17.14x1.65% 81.73B
13.27x5.59x12.06x4.17% 79.57B
13.88x1.56x7.93x5.31% 74.3B
17.04x1.17x9.73x3.14% 56.72B
16.8x6.69x13.91x3.1% 55.34B
21x2.63x8.9x2.37% 45.04B
61.13x21.79x35.8x0.29% 41.07B
16.9x5.13x9.98x4.35% 38.52B
17.64x4.78x12.61x3.53% 37.65B
Average 22.71x 5.61x 13.54x 3.17% 51.08B
Weighted average by Cap. 23.11x 5.69x 13.72x 3.2%

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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  4. Valuation Telecom Plus Plc