Company Valuation: Bunzl plc

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 9,649 9,266 10,710 10,842 6,691 8,635 - -
Change - -3.97% 15.59% 1.23% -38.29% 29.06% - -
Enterprise Value (EV) 1 11,475 10,996 12,460 13,208 9,097 10,807 10,587 10,353
Change - -4.17% 13.32% 6% -31.12% 18.8% -2.03% -2.22%
P/E 21.9x 19.6x 20.4x 22.2x 14.7x 18.7x 17.8x 16.8x
PBR 4.4x 3.42x 3.63x 3.97x 2.42x 2.86x 2.65x 2.49x
PEG - 2.9x 1.9x -4.74x -2.8x 7.93x 3.79x 2.86x
Capitalization / Revenue 0.94x 0.77x 0.91x 0.92x 0.56x 0.71x 0.69x 0.68x
EV / Revenue 1.12x 0.91x 1.06x 1.12x 0.77x 0.88x 0.85x 0.81x
EV / EBITDA 12.4x 10.2x 10.8x 10.9x 7.82x 9.21x 8.79x 8.39x
EV / EBIT 15.2x 12.4x 13.2x 13.5x 9.99x 11.7x 11.1x 10.6x
EV / FCF 16.4x 12.2x 19.4x 20.8x 15.7x 18.3x 17x 16.1x
FCF Yield 6.1% 8.23% 5.16% 4.8% 6.36% 5.46% 5.88% 6.2%
Dividend per Share 2 0.57 0.627 0.683 0.739 0.741 0.7768 0.8092 0.8461
Rate of return 1.98% 2.27% 2.14% 2.24% 3.57% 2.89% 3.01% 3.15%
EPS 2 1.318 1.407 1.56 1.487 1.409 1.442 1.51 1.599
Distribution rate 43.2% 44.6% 43.8% 49.7% 52.6% 53.9% 53.6% 52.9%
Net sales 1 10,285 12,040 11,797 11,776 11,845 12,212 12,489 12,775
EBITDA 1 924 1,075 1,151 1,212 1,164 1,173 1,204 1,234
EBIT 1 752.8 885.9 944.2 976.1 910.3 924.1 950.6 976.8
Net income 1 442.8 474.4 526.2 500.4 459.2 466 485.7 518.7
Net Debt 1 1,826 1,730 1,750 2,366 2,406 2,172 1,952 1,717
Reference price 2 28.85 27.59 31.90 32.96 20.76 26.90 26.90 26.90
Nbr of stocks (in thousands) 3,34,442 3,35,835 3,35,749 3,28,953 3,22,290 3,21,015 - -
Announcement Date 28/02/22 27/02/23 26/02/24 03/03/25 02/03/26 - - -
1GBP in Million2GBP
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
18.65x0.88x9.21x2.89% 1.16TCr
17.1x1.06x15.29x2.78% 10TCr
13.44x1.08x13.02x2.37% 8.08TCr
13.4x1.2x19.18x2.97% 8TCr
13.16x1.15x17.83x2.46% 4.88TCr
11.5x1.39x14.36x2.55% 4.55TCr
64.18x3.88x23.97x0.04% 4.49TCr
22.81x1.23x11.32x0.85% 3.86TCr
13.72x0.57x8.77x2.14% 3.5TCr
36.82x3.61x19.7x1.17% 928.48Cr
Average 22.48x 1.61x 15.26x 2.02% 4.95TCr
Weighted average by Cap. 19.89x 1.40x 15.67x 2.22%

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