Company Valuation: IMI plc

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 4,519 3,335 4,352 4,643 6,101 7,409 - -
Change - -26.19% 30.49% 6.67% 31.41% 21.44% - -
Enterprise Value (EV) 1 5,139 4,147 4,991 5,191 6,634 7,937 7,734 7,458
Change - -19.29% 20.34% 4% 27.81% 19.64% -2.56% -3.56%
P/E 23.7x 14.8x 18.5x 19x 20.1x 24.2x 21.5x 19.7x
PBR 5.97x 3.69x 4.25x 4.34x 5.59x 7.68x 6.37x 5.32x
PEG - 0.8x 4.03x 3.94x 0.7x 5.73x 1.7x 2.17x
Capitalization / Revenue 2.42x 1.63x 1.98x 2.1x 2.65x 3.1x 2.99x 2.86x
EV / Revenue 2.75x 2.02x 2.27x 2.35x 2.88x 3.32x 3.13x 2.88x
EV / EBITDA 12.7x 9.08x 9.92x 9.86x 12.1x 13.8x 12.8x 11.7x
EV / EBIT 16.2x 11.4x 12.2x 11.9x 14.4x 16.6x 15.3x 13.7x
EV / FCF 24.3x 19.5x 17.6x 18.5x 20.9x 23x 23.4x 21.3x
FCF Yield 4.12% 5.12% 5.68% 5.4% 4.77% 4.34% 4.27% 4.69%
Dividend per Share 2 0.237 0.257 0.283 0.311 0.342 0.3666 0.4012 0.4339
Rate of return 1.37% 2% 1.68% 1.71% 1.37% 1.17% 1.28% 1.39%
EPS 2 0.732 0.872 0.912 0.956 1.238 1.29 1.454 1.586
Distribution rate 32.4% 29.5% 31% 32.5% 27.6% 28.4% 27.6% 27.4%
Net sales 1 1,866 2,049 2,196 2,210 2,304 2,389 2,475 2,588
EBITDA 1 403.5 457 503.2 526.3 549.5 574.4 604.5 639.3
EBIT 1 318 363.8 410.6 435.5 460.1 477.7 507.1 544.8
Net income 1 196.3 226.3 237.3 248.5 309.9 308.2 338.4 362.9
Net Debt 1 619.9 812 638.6 547.7 532.8 527.7 324.7 49.15
Reference price 2 17.36 12.88 16.84 18.21 24.88 31.26 31.26 31.26
Nbr of stocks (in thousands) 2,60,311 2,58,957 2,58,455 2,54,960 2,45,217 2,37,018 - -
Announcement Date 25/02/22 03/03/23 01/03/24 28/02/25 06/03/26 - - -
1GBP in Million2GBP
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
31.28x5.45x19.7x0.83% 12TCr
27.1x4.99x17.46x2.22% 3.55TCr
20.34x1.74x12.52x2.31% 2.96TCr
30.02x4.01x15.14x0.11% 2.95TCr
19.95x3.42x10.95x1.53% 2.78TCr
21.19x3.07x13.25x1.1% 2.58TCr
22.4x2.74x11.81x1.69% 2.4TCr
97.35x34.29x75.13x0.44% 2.37TCr
26.38x3.3x16.14x1.72% 2.35TCr
Average 32.89x 7.00x 21.34x 1.33% 3.81TCr
Weighted average by Cap. 31.72x 6.27x 20.29x 1.21%

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