Company Valuation: Diageo plc

Data adjusted to current consolidation scope
Fiscal Period: June 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 111,604 97,766 96,438 69,845 55,656 51,123 - -
Change - -12.4% -1.36% -27.58% -20.31% -8.15% - -
Enterprise Value (EV) 1 128,474 114,424 115,633 90,216 77,204 64,911 68,476 66,706
Change - -10.94% 1.06% -21.98% -14.42% -15.92% -4.05% -2.58%
P/E 30.2x 25.3x 20.5x 18.2x 23.7x 25.9x 14.4x 13x
PBR 11.6x 10.3x 9.77x 7.01x 5.02x 4.13x 4.02x 3.24x
PEG - 3.64x 0.9x -1x -0.6x -1x 4.51x 1.1x
Capitalization / Revenue 6.27x 5.22x 4.42x 3.45x 2.75x 2.29x 2.66x 2.63x
EV / Revenue 7.22x 6.11x 5.3x 4.45x 3.81x 3.3x 3.57x 3.43x
EV / EBITDA 21.9x 16.8x 14.8x 12.8x 11.6x 9.76x 10.5x 10.1x
EV / EBIT 24.6x 19.7x 17.3x 15.2x 13.5x 11.4x 12x 11.4x
EV / FCF 30.4x 33.2x 32.9x 34.8x 28.1x 20.2x 22.9x 18.6x
FCF Yield 3.29% 3.01% 3.04% 2.88% 3.56% 4.95% 4.36% 5.39%
Dividend per Share 2 1.013 0.9239 1.019 1.035 1.035 0.5361 0.5572 0.5929
Rate of return 2.12% 2.15% 2.37% 3.29% 4.13% 2.33% 2.42% 2.58%
EPS 2 1.584 1.694 2.095 1.728 1.057 0.779 1.592 1.774
Distribution rate 64% 54.5% 48.7% 59.9% 97.9% 34.7% 35% 33.4%
Net sales 1 17,787 18,740 21,807 20,269 20,245 19,643 19,207 19,472
EBITDA 1 5,857 6,822 7,799 7,037 6,645 6,650 6,525 6,619
EBIT 1 5,233 5,818 6,695 5,945 5,704 5,683 5,726 5,826
Net income 1 3,716 3,940 4,758 3,870 2,354 1,737 3,451 3,898
Net Debt 1 16,871 16,657 19,195 20,371 21,548 19,991 17,353 15,584
Reference price 2 47.80 42.90 42.94 31.46 25.04 22.99 22.99 22.99
Nbr of stocks (in thousands) 2,334,775 2,278,906 2,245,879 2,219,979 2,222,295 2,223,707 - -
Announcement Date 29/07/21 28/07/22 01/08/23 30/07/24 05/08/25 06/08/26 - -
1USD in Million2USD
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
14.81x3.62x11.17x2.35% 50.82B
12.41x2.89x9.62x6.84% 19.87B
16.23x3.65x12.54x3.5% 12.57B
11.4x1.4x8.53x5.08% 9.24B
70.6x9.13x45.82x0.22% 6.62B
39.05x4.54x24.44x0.69% 3.82B
26.85x3.23x14.34x1.87% 2.81B
29.31x - - 2.93% 1.31B
Average 27.58x 4.07x 18.07x 2.94% 13.38B
Weighted average by Cap. 19.04x 3.66x 13.54x 3.36%

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