Company Valuation: Mears Group plc

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 209.1 230.9 307.1 328.6 309.6 341.1 - -
Change - 10.41% 33.04% 6.98% -5.78% 10.18% - -
Enterprise Value (EV) 1 371.4 130.8 198 534.7 579.8 590.5 584 567.3
Change - -64.79% 51.41% 170.05% 8.45% 1.85% -1.11% -2.86%
P/E 15.1x 8.34x 9.71x 7.41x 6.65x 9.17x 9.84x 10.1x
PBR 1.04x 1.09x 1.59x 1.78x 1.53x 1.35x 1.23x 1.08x
PEG - 0.1x 0.3x 0.1x 0.6x -0.6x -1.44x -4.2x
Capitalization / Revenue 0.24x 0.24x 0.28x 0.29x 0.27x 0.32x 0.34x 0.34x
EV / Revenue 0.42x 0.14x 0.18x 0.47x 0.51x 0.55x 0.58x 0.56x
EV / EBITDA 4.37x 1.38x 1.67x 3.68x 3.68x 4.03x 4.4x 4.17x
EV / EBIT 11x 3.15x 3.83x 7.37x 7.73x 9.69x 10.5x 9.86x
EV / FCF -309x 1.29x 1.8x 5.48x 8.82x 14.1x 16.1x 20.4x
FCF Yield -0.32% 77.6% 55.6% 18.2% 11.3% 7.08% 6.2% 4.91%
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% 4.46% 4.68% 4.9%
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 4.120 4.120 4.120
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.($)
9.17x0.55x4.03x4.46% 46Cr
32.77x16.89x24.01x0.66% 76TCr
39.56x7.19x25.53x0.91% 8.66TCr
24.78x4.92x10.71x0.66% 7.42TCr
-81.39x18.18x44.09x-.--% 4.71TCr
11.23x1.46x7.23x0.99% 4.73TCr
44.55x1.71x9.59x-.--% 4.65TCr
21.52x3.62x8.59x1.47% 3.46TCr
19.95x6.1x11.7x-.--% 2.61TCr
10.19x2.64x6.36x-.--% 2.58TCr
Average 13.23x 6.33x 15.18x 0.91% 11.52TCr
Weighted average by Cap. 26.54x 13.23x 21.67x 0.63%

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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