Company Valuation: Tesco PLC

Data adjusted to current consolidation scope
Fiscal Period: February 2021 2022 2023 2024 2025 2026 2027 2028
Capitalization 1 17,145 21,802 18,113 19,339 25,053 28,733 - -
Change - 27.16% -16.92% 6.76% 29.55% 14.69% - -
Enterprise Value (EV) 1 29,145 32,318 28,606 29,103 34,507 40,086 39,858 39,793
Change - 10.88% -11.48% 1.74% 18.57% 16.17% -0.57% -0.16%
P/E ratio 29.6x 14.6x 24.7x 11.3x 15.9x 16.9x 14.9x 13.9x
PBR 1.74x 1.41x 1.49x 1.7x 2.19x 2.79x 2.67x 2.48x
PEG - 0x -0.5x 0x -3.82x 1.2x 1.1x 1.81x
Capitalization / Revenue 0.3x 0.36x 0.28x 0.28x 0.36x 0.4x 0.39x 0.38x
EV / Revenue 0.5x 0.53x 0.43x 0.43x 0.49x 0.55x 0.53x 0.52x
EV / EBITDA 8.69x 7.11x 6.61x 6.4x 7.15x 8.2x 7.86x 7.58x
EV / EBIT 16.1x 11.4x 10.9x 10.3x 11x 13x 12.3x 11.8x
EV / FCF -51.2x 11.5x 10.4x 11.9x 25x 22.3x 21.4x 19.7x
FCF Yield -1.95% 8.69% 9.62% 8.43% 4.01% 4.48% 4.67% 5.08%
Dividend per Share 2 0.0915 0.109 0.109 0.121 0.137 0.1436 0.1578 0.1718
Rate of return 4.1% 3.79% 4.37% 4.37% 3.66% 3.18% 3.49% 3.8%
EPS 2 0.0754 0.1964 0.1008 0.2453 0.2351 0.2676 0.303 0.3262
Distribution rate 121% 55.5% 108% 49.3% 58.3% 53.7% 52.1% 52.7%
Net sales 1 57,887 61,344 65,762 68,187 69,916 72,550 74,592 76,544
EBITDA 1 3,353 4,543 4,330 4,544 4,825 4,891 5,074 5,252
EBIT 1 1,815 2,825 2,630 2,821 3,128 3,090 3,229 3,363
Net income 1 6,143 1,481 745 1,736 1,626 1,781 1,952 2,075
Net Debt 1 12,000 10,516 10,493 9,764 9,454 11,353 11,125 11,060
Reference price 2 2.231 2.876 2.492 2.768 3.741 4.521 4.521 4.521
Nbr of stocks (in thousands) 7,685,051 7,580,532 7,268,607 6,986,530 6,696,942 6,355,483 - -
Announcement Date 14/04/21 13/04/22 13/04/23 10/04/24 10/04/25 - - -
1GBP in Million2GBP
Estimates

P/E ratio, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
16.89x0.55x8.2x3.18% 39.1B
45.68x1.54x24.38x0.71% 1,046B
38.12x1.32x11.56x0.83% 57.62B
43.28x0.39x7.07x2.04% 42.72B
20.12x0.64x12.1x2.5% 41.44B
93.08x0.99x16.26x0.6% 39.87B
14.6x0.51x6.45x3.42% 36.74B
30.15x0.81x6.67x1.13% 28.35B
25.39x0.76x9.02x2.98% 26.91B
30.64x0.63x12.94x-.--% 20.14B
Average 35.80x 0.81x 11.46x 1.74% 137.84B
Weighted average by Cap. 43.31x 1.35x 20.93x 0.99%
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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