Company Valuation: Entain plc

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 9,872 7,782 6,351 4,393 4,903 3,312 - -
Change - -21.17% -18.39% -30.82% 11.61% -32.45% - -
Enterprise Value (EV) 1 11,958 10,532 9,642 7,732 8,547 6,704 6,582 6,224
Change - -11.93% -8.45% -19.8% 10.54% -21.56% -1.82% -5.45%
P/E 39.9x 322x -6.6x -9.71x -7.35x 17.1x 12.1x 10.4x
PBR 3.12x 2.48x 2.8x 2.84x 5.51x 2.92x 2.53x 2.06x
PEG - -3.6x 0x 0.2x -0.2x -0x 0.3x 0.6x
Capitalization / Revenue 2.58x 1.81x 1.33x 0.86x 0.93x 0.62x 0.6x 0.58x
EV / Revenue 3.12x 2.45x 2.02x 1.52x 1.63x 1.26x 1.2x 1.09x
EV / EBITDA 13.6x 10.6x 9.57x 7.1x 7.37x 6.34x 6x 5.32x
EV / EBIT 24.7x 19.4x 15x 12.5x 9.92x 9.42x 7.9x 6.85x
EV / FCF 21.3x 24.6x 51.2x 27.5x 39.6x 20x 16.9x 12.2x
FCF Yield 4.7% 4.07% 1.95% 3.63% 2.52% 5.01% 5.91% 8.18%
Dividend per Share 2 - 0.17 0.178 0.186 0.196 0.2072 0.2194 0.2321
Rate of return - 1.29% 1.79% 2.71% 2.56% 4% 4.24% 4.48%
EPS 2 0.422 0.041 -1.507 -0.708 -1.043 0.3024 0.4266 0.4968
Distribution rate - 415% -11.8% -26.3% -18.8% 68.5% 51.4% 46.7%
Net sales 1 3,830 4,297 4,770 5,089 5,259 5,304 5,480 5,724
EBITDA 1 881.7 993.2 1,008 1,089 1,160 1,058 1,098 1,171
EBIT 1 484.1 541.8 641.8 616.6 861.2 711.6 832.8 908.2
Net income 1 249.3 24.2 -928.6 -452.7 -666.7 205 186.7 226.8
Net Debt 1 2,086 2,750 3,291 3,339 3,644 3,392 3,270 2,912
Reference price 2 16.830 13.215 9.942 6.872 7.666 5.176 5.176 5.176
Nbr of stocks (in thousands) 5,86,553 5,88,850 6,38,785 6,39,305 6,39,603 6,39,908 - -
Announcement Date 03/03/22 09/03/23 07/03/24 06/03/25 05/03/26 - - -
1GBP in Million2GBP
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
23.4x6.05x14.19x1.67% 2.59TCr
-128.27x1.5x10.22x-.--% 1.68TCr
13.88x6.36x9.66x3.61% 1.65TCr
223.05x1.82x16.76x-.--% 1.16TCr
30.39x3.56x16.91x3.47% 792.71Cr
18.1x3.3x8.22x2.26% 673.63Cr
15.77x2.34x8.57x2.3% 683.87Cr
12.32x3.48x8.42x0.54% 603.95Cr
Average 26.08x 3.55x 11.62x 1.73% 1.23TCr
Weighted average by Cap. 18.46x 4.02x 12.12x 1.67%

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