Company Valuation: Defence Holdings PLC

Data adjusted to current consolidation scope
Fiscal Period: March 2021 2022 2023 2025 2026
Market Cap 1 29.56 10.94 5.057 0.4226 31.55
Change - -62.98% -53.79% - 7,365.01%
Enterprise Value (EV) 1 19.49 11.68 7.8 0.3836 30.69
Change - -40.09% -33.2% - 7,900.79%
P/E -3.33x -1.25x -1.19x -0.47x -5.36x
PBR 2.45x 3.08x -26.3x -0.65x 7.42x
PEG - 0.94x 0x - -0x
Capitalization / Revenue 15.5x 2.46x 0.92x 0.15x -
EV / Revenue 10.2x 2.62x 1.41x 0.13x -
EV / EBITDA -2.21x -1.38x -1.97x -0.22x -6.74x
EV / EBIT -2.21x -1.36x -1.83x -0.2x -6.73x
EV / FCF -2.62x -2.95x -9.4x - -9.83x
FCF Yield -38.2% -33.8% -10.6% - -10.2%
Dividend per Share 2 - - - - -
Rate of return - - - - -
EPS 2 -0.0171 -0.0169 -0.008212 -0.001114 -0.002426
Distribution rate - - - - -
Net sales 1 1.902 4.453 5.525 2.889 -
EBITDA 1 -8.818 -8.485 -3.954 -1.736 -4.556
EBIT 1 -8.826 -8.576 -4.254 -1.953 -4.562
Net income 1 -8.816 -8.748 -4.497 -0.8513 -4.327
Net Debt 1 -10.07 0.733 2.743 -0.039 -0.856
Reference price 2 0.0570 0.0211 0.0098 0.0005 0.0130
Nbr of stocks (in thousands) 518,617 518,617 518,617 804,984 2,426,793
Announcement Date 01/04/22 31/01/23 31/01/24 21/07/25 28/07/26
1GBP in Million2GBP
Estimates

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
- - - - 33.74M
42.39x7.61x31.63x0.5% 374B
36.43x3.37x19.84x1.3% 297B
37.54x5.31x22.75x0.94% 171B
19.63x1.88x13.51x2.34% 138B
23.12x1.95x15.98x1.6% 106B
28.75x2.04x14.38x1.77% 85.46B
19.8x2.05x14.61x1.69% 81.65B
33.92x3.76x16.63x1.21% 62.7B
23.92x2.62x14.39x1.73% 53.72B
Average 29.50x 3.40x 18.19x 1.46% 136.99B
Weighted average by Cap. 33.40x 4.34x 21.47x 1.23%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

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