Company Valuation: Whitbread PLC

Data adjusted to current consolidation scope
Fiscal Period: February 2022 2023 2024 2025 2026 2027 2028 2029
Market Cap 1 5,939 6,287 6,414 4,751 4,374 4,103 - -
Change - 5.86% 2.02% -25.92% -7.95% -6.19% - -
Enterprise Value (EV) 1 9,500 10,074 10,810 9,468 9,606 9,273 9,305 9,236
Change - 6.04% 7.31% -12.41% 1.45% -3.47% 0.34% -0.74%
P/E 141x 22.7x 21.8x 19.3x 21.4x 13.7x 12.5x 11.6x
PBR 1.44x 1.53x 1.83x 1.43x 1.4x 1.27x 1.23x 1.19x
PEG - 0x 1.3x -1.6x -1.7x 0.3x 1.32x 1.41x
Capitalization / Revenue 3.49x 2.39x 2.17x 1.63x 1.5x 1.4x 1.36x 1.3x
EV / Revenue 5.58x 3.84x 3.65x 3.24x 3.29x 3.17x 3.08x 2.92x
EV / EBITDA 19.8x 11.3x 10.2x 9.19x 8.94x 8.86x 8.38x 7.87x
EV / EBIT 62x 18.5x 16x 15x 14.8x 15.4x 14.3x 13.3x
EV / FCF 33.1x 31.7x 27.2x 33.4x 128x 21.7x 26.5x 26x
FCF Yield 3.02% 3.16% 3.68% 2.99% 0.78% 4.61% 3.78% 3.84%
Dividend per Share 2 0.347 0.742 0.97 0.97 0.97 0.9449 1 1.07
Rate of return 1.18% 2.38% 2.78% 3.58% 3.7% 3.85% 4.07% 4.36%
EPS 2 0.209 1.375 1.599 1.406 1.224 1.79 1.959 2.12
Distribution rate 166% 54% 60.7% 69% 79.2% 52.8% 51% 50.5%
Net sales 1 1,703 2,625 2,960 2,922 2,920 2,922 3,023 3,159
EBITDA 1 480.2 888 1,057 1,030 1,074 1,047 1,110 1,174
EBIT 1 153.3 543.5 674.2 629.6 648.9 604.1 649.9 695.8
Net income 1 42.5 278.8 312.1 253.7 212.9 305 331.3 352.6
Net Debt 1 3,561 3,787 4,397 4,717 5,232 5,170 5,201 5,132
Reference price 2 29.46 31.15 34.92 27.07 26.20 24.55 24.55 24.55
Nbr of stocks (in thousands) 2,01,600 2,01,828 1,83,667 1,75,524 1,66,942 1,67,142 - -
Announcement Date 28/04/22 25/04/23 30/04/24 01/05/25 30/04/26 - - -
1GBP in Million2GBP
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
16.75x3.02x8.62x4.72% 1.3TCr
19.55x6.09x12.26x1.97% 654.06Cr
19.07x4.3x10.94x1.03% 508.45Cr
14.91x2.09x8.64x3.3% 441.66Cr
16.8x1.61x7.68x3.29% 265.96Cr
17.68x1.34x8.64x1.94% 227.89Cr
20.82x2.91x9.65x3.53% 200.31Cr
Average 17.94x 3.05x 9.49x 2.83% 514.47Cr
Weighted average by Cap. 17.65x 3.43x 9.60x 3.18%

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