Company Valuation: Invesco Ltd.

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Capitalization 1 10,617 8,182 8,020 7,856 11,693 12,408 - -
Change - -22.94% -1.97% -2.04% 48.83% 6.12% - -
Enterprise Value (EV) 1 10,806 8,434 15,162 14,613 21,448 14,992 14,339 13,584
Change - -21.94% 79.76% -3.62% 46.77% -30.1% -4.35% -5.27%
P/E ratio 7.7x 12.1x -24.4x 14.8x - 11.4x 9.98x 11.3x
PBR 0.69x 0.54x 0.55x 0.54x 0.95x 0.93x 0.84x 1.09x
PEG - -0.2x 0x -0x - - 0.7x -1x
Capitalization / Revenue 2.02x 1.76x 1.86x 1.79x 2.51x 2.39x 2.26x -
EV / Revenue 2.05x 1.82x 3.52x 3.32x 4.6x 2.89x 2.61x -
EV / EBITDA 4.53x 4.66x 10.9x 9.43x - 7.28x 6.33x 5.73x
EV / EBIT 4.95x 5.22x 12.5x 10.7x 13.8x 7.87x 6.72x 5.62x
EV / FCF 11.1x 16.8x 13.3x 13x - 11.6x 8.39x 20.6x
FCF Yield 8.97% 5.97% 7.5% 7.67% - 8.63% 11.9% 4.85%
Dividend per Share 2 0.68 0.75 0.8 0.82 0.84 0.8629 0.9029 0.965
Rate of return 2.95% 4.17% 4.48% 4.69% 3.2% 3.08% 3.23% 3.45%
EPS 2 2.99 1.49 -0.73 1.18 - 2.455 2.806 2.48
Distribution rate 22.7% 50.3% -110% 69.5% - 35.1% 32.2% 38.9%
Net sales 1 5,261 4,645 4,311 4,400 4,658 5,181 5,495 -
EBITDA 1 2,388 1,810 1,396 1,550 - 2,058 2,265 2,370
EBIT 1 2,183 1,615 1,214 1,371 1,558 1,904 2,134 2,419
Net income 1 1,393 683.9 -333.7 538 - 1,096 1,245 1,064
Net Debt 1 188.7 252.9 7,142 6,757 9,755 2,584 1,931 1,176
Reference price 2 23.02 17.99 17.84 17.48 26.27 27.99 27.99 27.99
Nbr of stocks (in thousands) 4,61,207 4,54,785 4,49,554 4,49,440 4,45,093 4,43,297 - -
Announcement Date 25/01/22 24/01/23 23/01/24 28/01/25 27/01/26 - - -
1USD in Million2USD
Estimates

P/E ratio, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
- 2.89x7.28x3.08% 1.24TCr
22.07x5.9x12.77x2.1% 17TCr
13.74x3.13x - 2.78% 14TCr
15.14x6.93x - 1.67% 9.09TCr
25.26x12.51x17.93x4.07% 7.81TCr
10.95x1.56x4.89x1.43% 4.17TCr
12.46x4.88x - 2.28% 4.16TCr
4.23x4.1x4.44x3.23% 3.5TCr
14.15x5x15.63x2.02% 2.98TCr
Average 14.75x 5.21x 10.49x 2.52% 7.05TCr
Weighted average by Cap. 16.85x 5.71x 12.22x 2.47%

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

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