Company Valuation: Halma plc

Data adjusted to current consolidation scope
Fiscal Period: March 2022 2023 2024 2025 2026 2027 2028 2029
Market Cap 1 9,507 8,420 8,931 9,748 14,357 13,657 - -
Change - -11.44% 6.08% 9.14% 47.28% -4.88% - -
Enterprise Value (EV) 1 9,782 9,016 9,585 10,284 15,126 14,163 13,817 13,370
Change - -7.83% 6.3% 7.29% 47.09% -6.36% -2.45% -3.23%
P/E 38.9x 35.9x 33.4x 33x 38.7x 31.6x 28.7x 26.2x
PBR 6.77x 5.27x 5.15x 5.13x 6.62x 5.68x 4.89x 4.14x
PEG - -9.27x 2.3x 3.3x 1.5x 1.9x 2.8x 2.84x
Capitalization / Revenue 6.23x 4.54x 4.39x 4.34x 5.56x 4.67x 4.32x 3.95x
EV / Revenue 6.41x 4.87x 4.71x 4.57x 5.86x 4.84x 4.37x 3.87x
EV / EBITDA 26.2x 20.9x 19.8x 18.6x 22.9x 19.3x 17.3x 15.1x
EV / EBIT 30.1x 23.8x 22.6x 21.1x 25.5x 21.2x 19.1x 16.8x
EV / FCF 46.4x 42.4x 28.6x 23.7x 36.8x 33.9x 28.9x 25.8x
FCF Yield 2.15% 2.36% 3.5% 4.22% 2.71% 2.95% 3.46% 3.88%
Dividend per Share 2 0.1888 0.202 0.2161 0.2312 0.2474 0.264 0.2914 0.3136
Rate of return 0.75% 0.91% 0.91% 0.9% 0.65% 0.73% 0.81% 0.87%
EPS 2 0.6454 0.6204 0.7096 0.7814 0.9817 1.144 1.261 1.378
Distribution rate 29.3% 32.6% 30.5% 29.6% 25.2% 23.1% 23.1% 22.8%
Net sales 1 1,525 1,853 2,034 2,248 2,582 2,927 3,164 3,455
EBITDA 1 373.8 431.7 483.1 552.8 661.5 733.6 797 884.1
EBIT 1 324.7 378.2 424.3 486.6 593.4 669.1 725 795.9
Net income 1 244.4 288.4 268.8 296.4 372.3 432.9 476.7 517.8
Net Debt 1 274.8 596.7 653.2 535.8 769.1 506.5 159.9 -286.4
Reference price 2 25.10 22.29 23.68 25.81 38.02 36.16 36.16 36.16
Nbr of stocks (in thousands) 3,78,775 3,77,732 3,77,174 3,77,683 3,77,614 3,77,678 - -
Announcement Date 16/06/22 15/06/23 13/06/24 12/06/25 11/06/26 - - -
1GBP in Million2GBP
Estimates

P/E, Detailed evolution

P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
31.6x4.84x19.31x0.73% 1.83TCr
33.9x11.59x21.61x0.84% 11TCr
53.04x7.95x37.29x1.49% 4.87TCr
31.53x1.46x16.79x-.--% 4.67TCr
25.54x2.07x9.92x1.3% 3.58TCr
31.97x4.79x19.13x-.--% 3TCr
34.32x2.21x15.83x1.52% 2.94TCr
8.93x5.17x10.29x2.17% 2.19TCr
27.86x1.58x13.79x0.43% 1.4TCr
21.24x2.43x10.93x-.--% 1.25TCr
Average 29.99x 4.41x 17.49x 0.85% 3.64TCr
Weighted average by Cap. 32.92x 6.13x 19.81x 0.88%

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