Company Valuation: WEX Inc.

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 6,292 7,134 8,315 6,975 5,108 5,460 - -
Change - 13.38% 16.55% -16.11% -26.76% 6.89% - -
Enterprise Value (EV) 1 8,554 8,937 11,207 10,754 9,061 8,713 8,272 7,795
Change - 4.47% 25.41% -4.04% -15.75% -3.84% -5.07% -5.77%
P/E - 36.4x 31.6x 23.4x 17.6x 13.3x 12.3x 11.4x
PBR 3.42x 4.29x 4.46x 4.57x 4.14x 3.31x 2.56x 2.04x
PEG - - 0.9x 1.1x 1.4x 0.3x 1.57x 1.4x
Capitalization / Revenue 3.4x 3.04x 3.26x 2.65x 1.92x 1.92x 1.87x 1.8x
EV / Revenue 4.62x 3.8x 4.4x 4.09x 3.41x 3.06x 2.84x 2.57x
EV / EBITDA 13.9x 10.3x 10.1x 9.12x 7.97x 7.1x 6.46x 5.82x
EV / EBIT 25x 19x 17.3x 15.7x 13.6x 11.1x 9.95x 8.69x
EV / FCF 133x 11.7x 14.6x 19.1x 14.2x 15x 10.1x 8.51x
FCF Yield 0.75% 8.53% 6.87% 5.23% 7.04% 6.67% 9.92% 11.7%
Dividend per Share 2 - - - - - - - -
Rate of return - - - - - - - -
EPS 2 - 4.5 6.16 7.5 8.47 11.87 12.8 13.84
Distribution rate - - - - - - - -
Net sales 1 1,851 2,351 2,548 2,628 2,661 2,849 2,916 3,027
EBITDA 1 614.6 870.2 1,108 1,179 1,137 1,228 1,280 1,340
EBIT 1 342 469.8 647.1 686.3 663.9 786.5 831.2 896.6
Net income 1 0.137 201.4 266.6 309.6 304.1 416.7 455.1 474.5
Net Debt 1 2,262 1,803 2,893 3,780 3,953 3,253 2,812 2,334
Reference price 2 140.39 163.65 194.55 175.32 148.98 157.50 157.50 157.50
Nbr of stocks (in thousands) 44,819 43,593 42,737 39,783 34,289 34,668 - -
Announcement Date 10/02/22 09/02/23 08/02/24 05/02/25 04/02/26 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
13.26x3.06x7.1x-.--% 5.46B
27.38x14.63x20.76x0.77% 657B
33.55x1.68x9.66x-.--% 46.44B
9.13x1.26x6.4x1.16% 40.86B
8.83x2.59x5.97x-.--% 26.9B
16.56x5.51x10.49x-.--% 23.11B
-53.88x3.09x6.57x1.35% 20.8B
21.42x6.63x21.68x-.--% 10.5B
143.76x8.66x132.85x-.--% 9.01B
12.72x2.31x5.5x5.8% 6.33B
Average 23.27x 4.94x 22.70x 0.91% 84.68B
Weighted average by Cap. 24.92x 12.03x 19.36x 0.73%

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