Company Valuation: Whitbread PLC

Data adjusted to current consolidation scope
Fiscal Period: February 2022 2023 2024 2025 2026 2027 2028 2029
Market Cap 1 5,939 6,287 6,414 4,751 4,379 4,052 - -
Change - 5.86% 2.02% -25.92% -7.84% -7.48% - -
Enterprise Value (EV) 1 9,500 10,074 10,810 9,468 9,611 9,245 9,224 9,211
Change - 6.04% 7.31% -12.41% 1.51% -3.81% -0.23% -0.14%
P/E 141x 22.7x 21.8x 19.3x 21.4x 13.5x 12.4x 11.4x
PBR 1.44x 1.53x 1.83x 1.43x 1.4x 1.25x 1.22x 1.17x
PEG - 0x 1.3x -1.6x -1.7x 0.3x 1.31x 1.39x
Capitalization / Revenue 3.49x 2.39x 2.17x 1.63x 1.5x 1.39x 1.35x 1.29x
EV / Revenue 5.58x 3.84x 3.65x 3.24x 3.29x 3.17x 3.07x 2.92x
EV / EBITDA 19.8x 11.3x 10.2x 9.19x 8.95x 8.86x 8.32x 7.82x
EV / EBIT 62x 18.5x 16x 15x 14.8x 15.4x 14.2x 13.2x
EV / FCF 33.1x 31.7x 27.2x 33.4x 128x 23.9x 27.4x 23.5x
FCF Yield 3.02% 3.16% 3.68% 2.99% 0.78% 4.19% 3.65% 4.25%
Dividend per Share 2 0.347 0.742 0.97 0.97 0.97 0.9318 0.9853 1.068
Rate of return 1.18% 2.38% 2.78% 3.58% 3.7% 3.84% 4.06% 4.41%
EPS 2 0.209 1.375 1.599 1.406 1.224 1.79 1.959 2.12
Distribution rate 166% 54% 60.7% 69% 79.2% 52.1% 50.3% 50.4%
Net sales 1 1,703 2,625 2,960 2,922 2,920 2,912 3,004 3,149
EBITDA 1 480.2 888 1,057 1,030 1,074 1,043 1,108 1,179
EBIT 1 153.3 543.5 674.2 629.6 648.9 599.8 648.1 698.9
Net income 1 42.5 278.8 312.1 253.7 212.9 305 331.3 352.6
Net Debt 1 3,561 3,787 4,397 4,717 5,232 5,194 5,173 5,159
Reference price 2 29.46 31.15 34.92 27.07 26.20 24.24 24.24 24.24
Nbr of stocks (in thousands) 201,600 201,828 183,667 175,524 167,142 167,142 - -
Announcement Date 28/04/22 25/04/23 30/04/24 01/05/25 30/04/26 - - -
1GBP in Million2GBP
Estimates

P/E, Detailed evolution

P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
19.03x3.41x9.74x4.29% 15.12B
16.82x5.5x10.94x2.31% 5.54B
13.54x3.17x8.86x3.84% 5.52B
20.72x4.19x10.66x1.06% 4.89B
15.68x2.17x9.11x2.82% 4.78B
17.49x1.67x7.96x3.15% 2.79B
17.68x1.34x8.22x1.94% 2.48B
Average 17.28x 3.06x 9.36x 2.77% 5.87B
Weighted average by Cap. 17.62x 3.37x 9.61x 3.19%

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