Company Valuation: Dialight plc

Data adjusted to current consolidation scope
Fiscal Period: March 2022 2023 2024 2025 2026 2027 2028 2029
Market Cap 1 118 65.48 69.11 47.8 112 229.6 - -
Change - -44.48% 5.53% -30.83% 134.24% 105.02% - -
Enterprise Value (EV) 1 150.2 86.68 69.11 68.39 119.7 231.8 226.7 220.4
Change - -42.27% -20.28% -1.03% 75.02% 93.69% -2.23% -2.77%
P/E 303x - -2.46x -4.71x 371x 26.2x 23x 20x
PBR - - - 1.37x 3.21x 5.28x 4.44x 3.75x
PEG - - - 0.1x -4x 0x 1.7x 1.3x
Capitalization / Revenue 0.7x 0.44x 0.39x 0.35x 0.89x 1.74x 1.68x 1.61x
EV / Revenue 0.88x 0.58x 0.39x 0.5x 0.95x 1.76x 1.65x 1.54x
EV / EBITDA 12.2x 11x - 6.38x 8.01x 12x 10.7x 9.42x
EV / EBIT 30x - - 22x 15.4x 17.4x 15.2x 13x
EV / FCF -46.9x - - 18.1x 5.43x 38.3x 29.3x 23.9x
FCF Yield -2.13% - - 5.52% 18.4% 2.61% 3.42% 4.19%
Dividend per Share 2 - - - - - 0.0627 0.0708 0.0819
Rate of return - - - - - 1.09% 1.23% 1.43%
EPS 2 0.012 - -0.7095 -0.2548 0.00754 0.2192 0.2494 0.2871
Distribution rate - - - - - 28.6% 28.4% 28.5%
Net sales 1 169.7 148.8 176 135.9 125.9 131.8 137 142.9
EBITDA 1 12.3 7.9 - 10.71 14.94 19.34 21.11 23.39
EBIT 1 5 - - 3.111 7.77 13.36 14.91 16.97
Net income 1 0.4 - - -10.22 0.3018 8.93 10.11 11.66
Net Debt 1 32.2 21.2 - 20.59 7.729 2.288 -2.878 -9.151
Reference price 2 3.640 2.000 1.745 1.200 2.800 5.740 5.740 5.740
Nbr of stocks (in thousands) 32,405 32,741 39,603 39,835 39,989 39,993 - -
Announcement Date 27/03/23 19/02/24 31/07/24 24/06/25 23/06/26 - - -
1GBP in Million2GBP
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
32.59x - - 3.03% 2.04B
38.3x8.7x22.88x - 1.1B
17.02x - - 2.97% 1.11B
22.91x - - 2.21% 808M
Average 27.70x 8.70x 22.88x 2.74% 1.27B
Weighted average by Cap. 28.89x 8.70x 22.88x 2.85%

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