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 13,015 - -
Change - -11.44% 6.08% 9.14% 47.28% -9.35% - -
Enterprise Value (EV) 1 9,782 9,016 9,585 10,284 15,126 13,753 13,475 13,090
Change - -7.83% 6.3% 7.29% 47.09% -9.08% -2.02% -2.86%
P/E 38.9x 35.9x 33.4x 33x 38.7x 28.7x 25.8x 23.4x
PBR 6.77x 5.27x 5.15x 5.13x 6.62x 5.21x 4.49x 3.89x
PEG - -9.27x 2.3x 3.3x 1.5x 1.3x 2.3x 2.2x
Capitalization / Revenue 6.23x 4.54x 4.39x 4.34x 5.56x 4.38x 3.99x 3.69x
EV / Revenue 6.41x 4.87x 4.71x 4.57x 5.86x 4.63x 4.13x 3.71x
EV / EBITDA 26.2x 20.9x 19.8x 18.6x 22.9x 17.8x 15.9x 14.3x
EV / EBIT 30.1x 23.8x 22.6x 21.1x 25.5x 19.7x 17.7x 15.8x
EV / FCF 46.4x 42.4x 28.6x 23.7x 36.8x 30.7x 26.8x 23.2x
FCF Yield 2.15% 2.36% 3.5% 4.22% 2.71% 3.25% 3.73% 4.31%
Dividend per Share 2 0.1888 0.202 0.2161 0.2312 0.2474 0.2648 0.2862 0.3112
Rate of return 0.75% 0.91% 0.91% 0.9% 0.65% 0.77% 0.83% 0.9%
EPS 2 0.6454 0.6204 0.7096 0.7814 0.9817 1.2 1.334 1.474
Distribution rate 29.3% 32.6% 30.5% 29.6% 25.2% 22.1% 21.4% 21.1%
Net sales 1 1,525 1,853 2,034 2,248 2,582 2,973 3,265 3,527
EBITDA 1 373.8 431.7 483.1 552.8 661.5 773.7 845.3 913.9
EBIT 1 324.7 378.2 424.3 486.6 593.4 698.4 763.3 829.3
Net income 1 244.4 288.4 268.8 296.4 372.3 459.5 511.2 559.3
Net Debt 1 274.8 596.7 653.2 535.8 769.1 738.3 460.2 74.77
Reference price 2 25.10 22.29 23.68 25.81 38.02 34.46 34.46 34.46
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 (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
28.71x4.63x17.78x0.77% 1.73TCr
31.61x5.92x17.63x0.63% 20TCr
33.89x12.07x22x0.81% 12TCr
48.31x6.1x20.62x0.88% 11TCr
13.5x0.31x6.8x3.73% 11TCr
32.63x5.34x17.54x1.05% 7.71TCr
58.14x6.79x29.66x0.2% 7.16TCr
20.34x3.4x13x1.32% 6.36TCr
17.85x1.05x11.86x0.7% 6.01TCr
16.72x5.91x12.01x0.76% 5.37TCr
Average 30.17x 5.15x 16.89x 1.08% 8.86TCr
Weighted average by Cap. 31.36x 5.58x 17.18x 1.13%

Y-o-Y evolution of P/E

Valuation ratios - P/E - Halma plc

Historical PBR trend

Valuation ratios - PBR - Halma plc

Evolution Enterprise Value / Sales

Valuation ratios - VE_REV - Halma plc

Change in Enterprise Value/EBITDA

Valuation ratios - VE_EBITDA - Halma plc


Year-on-year evolution of the Yield

Valuation ratios - Yield - Halma plc