Company Valuation: Techtronic Industries Company Limited

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Capitalization 1 36,512 20,495 21,849 24,179 21,128 26,233 - -
Change - -43.87% 6.61% 10.66% -12.62% 24.17% - -
Enterprise Value (EV) 1 38,475 22,924 23,738 25,057 21,209 24,706 23,793 22,804
Change - -40.42% 3.55% 5.56% -15.36% 16.49% -3.7% -4.16%
P/E ratio 33.3x 19x 22.4x 21.6x 17.7x 18.5x 16.1x 14.2x
PBR 7.74x 3.93x 3.81x 3.81x 3.04x 3.38x 3.03x 2.71x
PEG - -10.71x -2.39x 1.5x 2.5x 1x 1.1x 1.1x
Capitalization / Revenue 2.77x 1.55x 1.59x 1.65x 1.38x 1.6x 1.48x 1.36x
EV / Revenue 2.91x 1.73x 1.73x 1.71x 1.39x 1.51x 1.34x 1.18x
EV / EBITDA 25.5x 14.6x 13.6x 13.4x 10.4x 11.2x 9.92x 8.47x
EV / EBIT 32.3x 19.1x 21.2x 20x 16x 16x 13.3x 11.2x
EV / FCF -34.2x 35.2x 14.8x 12.7x 12.5x 14.3x 13.4x 11.3x
FCF Yield -2.93% 2.84% 6.75% 7.89% 7.97% 6.99% 7.44% 8.86%
Dividend per Share 2 0.2381 0.2381 0.2484 0.2909 0.3308 0.3751 0.4331 0.5006
Rate of return 1.2% 2.13% 2.09% 2.2% 2.86% 2.62% 3.02% 3.49%
EPS 2 0.5973 0.5867 0.5317 0.6108 0.6541 0.7749 0.892 1.009
Distribution rate 39.9% 40.6% 46.7% 47.6% 50.6% 48.4% 48.6% 49.6%
Net sales 1 13,203 13,254 13,731 14,622 15,260 16,357 17,782 19,296
EBITDA 1 1,506 1,574 1,751 1,875 2,038 2,207 2,399 2,693
EBIT 1 1,192 1,201 1,118 1,254 1,325 1,544 1,784 2,030
Net income 1 1,099 1,077 976.3 1,122 1,198 1,429 1,646 1,842
Net Debt 1 1,963 2,429 1,888 877.8 81.2 -1,527 -2,441 -3,429
Reference price 2 19.90 11.17 11.91 13.20 11.55 14.34 14.34 14.34
Nbr of stocks (in thousands) 18,34,484 18,34,698 18,34,318 18,32,305 18,29,210 18,29,740 - -
Announcement Date 02/03/22 01/03/23 06/03/24 04/03/25 03/03/26 - - -
1USD in Million2USD
Estimates

P/E ratio, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
18.5x1.51x11.19x2.62% 2.62TCr
36.56x6.26x23.05x0.74% 12TCr
36.05x6.11x22.97x1.7% 3.66TCr
33.34x4.68x17.15x0.1% 3.46TCr
28.48x3.41x14.76x1.33% 3.15TCr
23.7x3.57x15.23x0.97% 2.95TCr
28.27x4.65x16.64x1.41% 2.83TCr
26.06x3.3x16.02x1.74% 2.51TCr
31.17x2.71x17.69x1.72% 2.48TCr
18.81x3.88x13.4x2.66% 1.97TCr
Average 28.10x 4.01x 16.81x 1.5% 3.81TCr
Weighted average by Cap. 30.73x 4.66x 18.61x 1.25%

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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