Company Valuation: Investec Group

Data adjusted to current consolidation scope
Fiscal Period: March 2022 2023 2024 2025 2026 2027 2028 2029
Market Cap 1 4,610 3,845 4,725 4,046 4,772 5,134 - -
Change - -16.58% 22.88% -14.39% 17.95% 7.59% - -
Enterprise Value (EV) 4,610 3,845 4,725 4,046 4,772 5,134 5,134 5,134
Change - -16.58% 22.88% -14.39% 17.95% 7.59% 0% 0%
P/E - - 5.16x 6.83x 7.55x 7.84x 7.09x 6.19x
PBR - - - - 0.89x - - -
PEG - - - -0.2x 1.13x 2.67x 0.7x 0.4x
Capitalization / Revenue 2.32x 1.69x 2.31x 1.85x 2.09x 2.16x 2.02x 1.87x
EV / Revenue 0x 0x 0x 0x 0x 2.16x 2.02x 1.87x
EV / EBITDA - - - - - - - -
EV / EBIT 0x 0x 0x 0x 0x 4.65x 4.46x 4.09x
EV / FCF - - - - - - - -
FCF Yield - - - - - - - -
Dividend per Share 2 0.257 - 0.345 0.365 0.385 0.41 0.45 0.51
Rate of return 5.07% - 6.61% 7.6% 6.8% 6.78% 7.44% 8.43%
EPS 2 - - 1.01 0.703 0.75 0.772 0.853 0.977
Distribution rate - - 34.2% 51.9% 51.3% 53.1% 52.8% 52.2%
Net sales 1 1,990 2,280 2,046 2,190 2,281 2,376 2,547 2,742
EBITDA - - - - - - - -
EBIT 1 716.2 917 963.6 1,039 1,075 1,103 1,150 1,256
Net income 1 516.2 804.9 941 693.5 724.5 754.2 845.9 936
Net Debt - - - - - - - -
Reference price 2 5.070 4.477 5.216 4.801 5.660 6.050 6.050 6.050
Nbr of stocks (in thousands) 9,13,590 8,56,353 8,96,090 8,43,759 8,34,812 8,37,503 - -
Announcement Date 19/05/22 18/05/23 23/05/24 22/05/25 21/05/26 - - -
1GBP in Million2GBP
Estimates

P/E, Detailed evolution



P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
18.04x3.34x9.15x3.18% 6.2TCr
7.9x - - 3.16% 4.29TCr
13.14x - - 2.13% 1.47TCr
8.09x0.98x - 3.29% 1.35TCr
12.26x0.83x - 1.99% 881.23Cr
7.84x - - 6.78% 679.75Cr
20.71x24.43x78.06x2.25% 445.54Cr
-76.57x2.61x13.84x1.49% 408.32Cr
Average 1.43x 6.44x 33.69x 3.03% 1.97TCr
Weighted average by Cap. 10.81x 3.74x 13.78x 3.11%

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