Company Valuation: Tesco PLC

Data adjusted to current consolidation scope
Fiscal Period: February 2022 2023 2024 2025 2026 2027 2028 2029
Market Cap 1 21,946 18,535 19,429 25,462 30,544 29,259 - -
Change - -15.54% 4.83% 31.05% 19.96% -4.21% - -
Enterprise Value (EV) 1 32,462 29,028 29,193 34,916 41,107 39,817 39,625 39,533
Change - -10.58% 0.57% 19.6% 17.73% -3.14% -0.48% -0.23%
P/E 14.8x 25.3x 11.4x 16.2x 17.7x 15.2x 13.8x 12.6x
PBR 1.42x 1.52x 1.71x 2.23x 2.73x 2.54x 2.44x 2.34x
PEG - -0.5x 0x -3.9x 1.2x 1.3x 1.3x 1.36x
Capitalization / Revenue 0.36x 0.28x 0.28x 0.36x 0.41x 0.39x 0.38x 0.37x
EV / Revenue 0.53x 0.44x 0.43x 0.5x 0.56x 0.53x 0.51x 0.5x
EV / EBITDA 7.15x 6.7x 6.42x 7.24x 8.21x 7.8x 7.47x 7.18x
EV / EBIT 11.5x 11x 10.3x 11.2x 12.9x 12.2x 11.6x 11.1x
EV / FCF 11.6x 10.6x 11.9x 25.2x 18.4x 21x 19.4x 18.3x
FCF Yield 8.65% 9.48% 8.4% 3.96% 5.45% 4.76% 5.16% 5.47%
Dividend per Share 2 0.109 0.109 0.121 0.137 0.145 0.1563 0.1703 0.1854
Rate of return 3.76% 4.27% 4.34% 3.6% 3.02% 3.38% 3.68% 4.01%
EPS 2 0.1964 0.1008 0.2453 0.2351 0.271 0.3037 0.335 0.3661
Distribution rate 55.5% 108% 49.3% 58.3% 53.5% 51.5% 50.8% 50.6%
Net sales 1 61,344 65,762 68,187 69,916 73,712 74,930 77,026 79,027
EBITDA 1 4,543 4,330 4,544 4,825 5,007 5,105 5,307 5,507
EBIT 1 2,825 2,630 2,821 3,128 3,194 3,256 3,412 3,560
Net income 1 1,481 745 1,736 1,626 1,787 1,944 2,108 2,268
Net Debt 1 10,516 10,493 9,764 9,454 10,563 10,559 10,367 10,274
Reference price 2 2.898 2.550 2.788 3.802 4.806 4.624 4.624 4.624
Nbr of stocks (in thousands) 75,74,218 72,68,607 69,68,930 66,96,942 63,55,483 63,27,565 - -
Announcement Date 13/04/22 13/04/23 10/04/24 10/04/25 16/04/26 - - -
1GBP in Million2GBP
Estimates

P/E, Detailed evolution

P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
15.23x0.53x7.8x3.38% 3.93TCr
41.64x1.34x20.49x0.82% 96TCr
28.58x1.21x10.55x0.95% 5.38TCr
12.5x0.36x6.51x2.23% 3.93TCr
19.73x0.59x11.24x2.72% 3.8TCr
13.22x0.5x6.3x3.53% 3.7TCr
44.22x0.87x10.25x2.46% 3.31TCr
22.64x0.75x6.37x1.29% 2.77TCr
48.92x0.72x11.76x1.07% 2.35TCr
23.79x0.61x11.88x-.--% 2.05TCr
Average 27.05x 0.75x 10.31x 1.84% 12.75TCr
Weighted average by Cap. 37.40x 1.18x 17.69x 1.13%

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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