Valuation AJ Bell plc

Equities

Real-time Estimate Cboe Europe Other stock markets 06:45:08 20/04/2026 pm IST			5-day change	1st Jan Change
551.75 ^GBX	+0.23%		+4.77%	+24.55%

17/04	Exane BNP raises BP and cuts Shell	AN
09/04	Shell cut to 'neutral'; BofA likes AG Barr	AN

Data adjusted to current consolidation scope

Fiscal Period: September	2021	2022	2023	2024	2025	2026	2027	2028
Capitalization ¹	1,633	1,105	1,130	1,854	2,185	2,177	-	-
Change	-	-32.32%	2.23%	64.07%	17.87%	-0.38%	-	-
Enterprise Value (EV) ¹	1,536	1,021	983.4	1,657	1,997	1,980	1,951	1,929
Change	-	-33.52%	-3.69%	68.49%	20.5%	-0.81%	-1.48%	-1.15%
P/E ratio	37.4x	23.7x	16.6x	22.1x	21.2x	19.7x	18.3x	15.9x
PBR	12.5x	8.28x	6.8x	9.13x	10.2x	9.48x	8.39x	7.77x
PEG	-	3.72x	0.4x	1x	0.8x	2.12x	2.42x	1x
Capitalization / Revenue	11.2x	6.74x	5.18x	6.88x	6.87x	6.22x	5.69x	5.12x
EV / Revenue	10.5x	6.23x	4.51x	6.15x	6.28x	5.66x	5.1x	4.54x
EV / EBITDA	25.8x	16.3x	10.8x	15x	14.7x	13.9x	12.3x	10.7x
EV / EBIT	27.5x	17.3x	11.4x	15.4x	15.1x	14.3x	12.9x	11.2x
EV / FCF	33x	24.1x	10x	17.8x	23.8x	18.7x	16.8x	14.5x
FCF Yield	3.03%	4.15%	9.96%	5.63%	4.21%	5.34%	5.94%	6.9%
Dividend per Share ²	0.0696	0.0459	0.1075	0.125	0.1425	0.1538	0.1691	0.1842
Rate of return	1.74%	1.71%	3.92%	2.78%	2.63%	2.79%	3.07%	3.35%
EPS ²	0.1067	0.1135	0.1653	0.2034	0.2556	0.2793	0.3005	0.3464
Distribution rate	65.2%	40.4%	65%	61.5%	55.8%	55.1%	56.3%	53.2%
Net sales ¹	145.8	163.8	218.2	269.4	317.8	349.8	382.5	424.8
EBITDA ¹	59.47	62.62	91.01	110.7	136	142.7	159	181.1
EBIT ¹	55.85	58.98	86.22	107.3	132	138.5	151.5	172.7
Net income ¹	43.82	46.74	68.22	84.3	105.1	114.2	117.9	135.1
Net Debt ¹	-97.06	-84.03	-146.3	-196.7	-188.2	-196.2	-225.5	-247.8
Reference price ²	3.990	2.692	2.744	4.495	5.415	5.505	5.505	5.505
Nbr of stocks (in thousands)	4,09,253	4,10,507	4,11,700	4,12,355	4,03,455	3,95,368	-	-
Announcement Date	02/12/21	01/12/22	07/12/23	05/12/24	04/12/25	-	-	-

¹GBP in Million²GBP

Estimates

Add to a list 0 selected To use this feature you must be a member Log in Sign up	P/E (Y)	EV / Sales (Y)	EV / EBITDA (Y)	Dividend Yield (Y)	Capi.($)
AJ BELL PLC	19.71x	5.66x	13.88x	2.79%	295.05Cr
MACQUARIE GROUP LIMITED	21.57x	5.37x	14.91x	3.01%	6.31TCr
SBI HOLDINGS, INC.	5.64x	1.67x	-	3.54%	1.3TCr
EQUITABLE HOLDINGS, INC.	6.54x	-	-	2.7%	1.17TCr
INVESTEC GROUP	8.83x	-	-	5.83%	728.79Cr
VOYA FINANCIAL, INC.	7.94x	0.52x	-	2.62%	687.64Cr
ROSEBANK INDUSTRIES PLC	-762.3x	16.07x	117.45x	-	519.9Cr
FIRST CAPITAL SECURITIES CO., LTD.	37.27x	-	-	0.88%	490.71Cr
WESTERN SECURITIES CO.,LTD.	17.95x	-	-	-	481.9Cr
Average	-70.76x	5.86x	48.75x	3.05%	1.33TCr
Weighted average by Cap.	-16.75x	5.09x	22.36x	3.1%