Company Valuation: Mears Group plc

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 209.1 230.9 307.1 328.6 309.6 335.7 - -
Change - 10.41% 33.04% 6.98% -5.78% 8.44% - -
Enterprise Value (EV) 1 371.4 130.8 198 534.7 579.8 585.2 578.6 561.9
Change - -64.79% 51.41% 170.05% 8.45% 0.92% -1.12% -2.88%
P/E 15.1x 8.34x 9.71x 7.41x 6.65x 9.02x 9.69x 9.92x
PBR 1.04x 1.09x 1.59x 1.78x 1.53x 1.33x 1.21x 1.06x
PEG - 0.1x 0.3x 0.1x 0.6x -0.5x -1.42x -4.13x
Capitalization / Revenue 0.24x 0.24x 0.28x 0.29x 0.27x 0.31x 0.34x 0.33x
EV / Revenue 0.42x 0.14x 0.18x 0.47x 0.51x 0.54x 0.58x 0.56x
EV / EBITDA 4.37x 1.38x 1.67x 3.68x 3.68x 4x 4.36x 4.13x
EV / EBIT 11x 3.15x 3.83x 7.37x 7.73x 9.61x 10.4x 9.77x
EV / FCF -309x 1.29x 1.8x 5.48x 8.82x 14x 16x 20.2x
FCF Yield -0.32% 77.6% 55.6% 18.2% 11.3% 7.15% 6.26% 4.95%
Dividend per Share 2 0.08 0.105 0.13 0.16 0.16 0.1839 0.1928 0.2018
Rate of return 4.24% 5.05% 4.19% 4.42% 4.47% 4.53% 4.76% 4.98%
EPS 2 0.1249 0.2494 0.3194 0.4886 0.5386 0.4494 0.4187 0.4086
Distribution rate 64.1% 42.1% 40.7% 32.7% 29.7% 40.9% 46.1% 49.4%
Net sales 1 878.4 959.6 1,089 1,133 1,135 1,077 1,001 1,007
EBITDA 1 85.08 94.87 118.4 145.1 157.4 146.4 132.7 136.2
EBIT 1 33.68 41.53 51.67 72.56 75.04 60.92 55.37 57.54
Net income 1 14.12 28.31 35.2 46.53 46.22 37.21 33.47 33.11
Net Debt 1 162.3 -100.1 -109.1 206.1 270.2 249.5 242.9 226.2
Reference price 2 1.885 2.080 3.100 3.620 3.580 4.055 4.055 4.055
Nbr of stocks (in thousands) 1,10,927 1,10,993 99,076 90,764 86,475 82,786 - -
Announcement Date 31/03/22 28/04/23 11/04/24 10/04/25 26/03/26 - - -
1GBP in Million2GBP
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
9.02x0.54x4x4.53% 45Cr
32.07x16.33x23.21x0.67% 74TCr
38.97x7.09x25.15x0.92% 8.53TCr
24.02x4.8x10.46x0.68% 7.19TCr
11.08x1.45x7.21x1% 4.69TCr
44.16x1.68x9.39x-.--% 4.53TCr
-80.67x18.05x43.78x-.--% 4.67TCr
20.89x3.52x8.39x1.51% 3.35TCr
19.9x6.09x11.67x-.--% 2.61TCr
9.96x2.6x6.29x-.--% 2.52TCr
Average 12.94x 6.21x 14.95x 0.93% 11.19TCr
Weighted average by Cap. 25.86x 12.80x 21.07x 0.65%

Y-o-Y evolution of P/E

Valuation ratios - P/E - Mears Group plc

Historical PBR trend

Valuation ratios - PBR - Mears Group plc

Evolution Enterprise Value / Sales

Valuation ratios - VE_REV - Mears Group plc

Change in Enterprise Value/EBITDA

Valuation ratios - VE_EBITDA - Mears Group plc


Year-on-year evolution of the Yield

Valuation ratios - Yield - Mears Group plc
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