Company Valuation: Tesco PLC

Data adjusted to current consolidation scope
Fiscal Period: February 2022 2023 2024 2025 2026 2027 2028 2029
Market Cap 1 21,946 18,535 19,429 25,462 30,544 28,726 - -
Change - -15.54% 4.83% 31.05% 19.96% -5.95% - -
Enterprise Value (EV) 1 32,462 29,028 29,193 34,916 41,107 39,285 39,093 39,001
Change - -10.58% 0.57% 19.6% 17.73% -4.43% -0.49% -0.24%
P/E 14.8x 25.3x 11.4x 16.2x 17.7x 15x 13.6x 12.5x
PBR 1.42x 1.52x 1.71x 2.23x 2.73x 2.51x 2.41x 2.31x
PEG - -0.5x 0x -3.9x 1.2x 1.2x 1.3x 1.35x
Capitalization / Revenue 0.36x 0.28x 0.28x 0.36x 0.41x 0.38x 0.37x 0.36x
EV / Revenue 0.53x 0.44x 0.43x 0.5x 0.56x 0.52x 0.51x 0.49x
EV / EBITDA 7.15x 6.7x 6.42x 7.24x 8.21x 7.7x 7.37x 7.08x
EV / EBIT 11.5x 11x 10.3x 11.2x 12.9x 12.1x 11.5x 11x
EV / FCF 11.6x 10.6x 11.9x 25.2x 18.4x 20.7x 19.1x 18x
FCF Yield 8.65% 9.48% 8.4% 3.96% 5.45% 4.82% 5.23% 5.55%
Dividend per Share 2 0.109 0.109 0.121 0.137 0.145 0.1563 0.1703 0.1854
Rate of return 3.76% 4.27% 4.34% 3.6% 3.02% 3.42% 3.73% 4.06%
EPS 2 0.1964 0.1008 0.2453 0.2351 0.271 0.3037 0.335 0.3661
Distribution rate 55.5% 108% 49.3% 58.3% 53.5% 51.5% 50.8% 50.6%
Net sales 1 61,344 65,762 68,187 69,916 73,712 74,930 77,026 79,027
EBITDA 1 4,543 4,330 4,544 4,825 5,007 5,105 5,307 5,507
EBIT 1 2,825 2,630 2,821 3,128 3,194 3,256 3,412 3,560
Net income 1 1,481 745 1,736 1,626 1,787 1,944 2,108 2,268
Net Debt 1 10,516 10,493 9,764 9,454 10,563 10,559 10,367 10,274
Reference price 2 2.898 2.550 2.788 3.802 4.806 4.567 4.567 4.567
Nbr of stocks (in thousands) 7,574,218 7,268,607 6,968,930 6,696,942 6,355,483 6,289,986 - -
Announcement Date 13/04/22 13/04/23 10/04/24 10/04/25 16/04/26 - - -
1GBP in Million2GBP
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
15.04x0.52x7.7x3.42% 38.48B
40.64x1.31x20.02x0.84% 940B
28.5x1.21x10.52x0.95% 53.49B
12.05x0.35x6.33x2.32% 37.87B
19.62x0.58x11.19x2.73% 37.78B
12.92x0.49x6.21x3.61% 36.1B
43.67x0.87x10.15x2.49% 32.62B
22.67x0.76x6.38x1.29% 27.68B
50.42x0.72x12.02x1.07% 23.58B
23.93x0.61x11.94x-.--% 20.65B
Average 26.95x 0.74x 10.24x 1.87% 124.83B
Weighted average by Cap. 36.62x 1.16x 17.30x 1.15%

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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