Company Valuation: Donaldson Company, Inc.

Data adjusted to current consolidation scope
Fiscal Period: July 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 8,312 6,685 7,618 9,009 8,386 10,015 - -
Change - -19.58% 13.95% 18.26% -6.91% 19.42% - -
Enterprise Value (EV) 1 8,599 7,140 7,618 9,313 8,874 11,107 10,802 10,703
Change - -16.97% 6.69% 22.25% -4.71% 25.17% -2.75% -0.91%
P/E Ratio 29.5x 20.5x 21.7x 22.1x 23.6x 22.2x 19.7x 17.7x
PBR 7.28x 5.88x - 6.06x 5.76x 5.42x 4.58x 4.25x
PEG - 1.1x 2.41x 1.3x -2.42x 0.8x 1.6x 1.6x
Capitalization / Revenue 2.91x 2.02x 2.22x 2.51x 2.27x 2.58x 2.41x 2.3x
EV / Revenue 3.01x 2.16x 2.22x 2.6x 2.4x 2.87x 2.59x 2.46x
EV / EBITDA 17.1x 13x 12.7x 14.1x 12.7x 15.3x 13.3x 12.6x
EV / EBIT 21.5x 16x 15.2x 16.9x 15.3x 17.8x 15.3x 14.1x
EV / FCF 25x 42.6x 17.9x 22.8x 25.9x 27.8x 25.3x 23.5x
FCF Yield 4% 2.35% 5.6% 4.38% 3.85% 3.6% 3.95% 4.25%
Dividend per Share 2 0.85 0.89 0.94 1.02 1.11 1.202 1.296 1.36
Rate of return 1.28% 1.64% 1.5% 1.36% 1.54% 1.39% 1.5% 1.57%
EPS 2 2.24 2.66 2.9 3.38 3.05 3.897 4.382 4.87
Distribution rate 37.9% 33.5% 32.4% 30.2% 36.4% 30.8% 29.6% 27.9%
Net sales 1 2,854 3,307 3,431 3,586 3,691 3,875 4,163 4,358
EBITDA 1 504 550.7 602 661.5 701 725.1 813.5 850.7
EBIT 1 399.5 446.9 502 550.5 580.5 622.9 707.4 757.5
Net income 1 286.9 332.8 358.8 414 367 458.4 513.9 563.3
Net Debt 1 286.7 454.7 - 304 487.9 1,093 787 688.5
Reference price 2 66.19 54.41 62.83 74.82 71.97 86.40 86.40 86.40
Nbr of stocks (in thousands) 125,585 122,866 121,242 120,405 116,520 115,911 - -
Announcement Date 02/09/21 31/08/22 29/08/23 28/08/24 27/08/25 - - -
1USD in Million2USD
Estimates

P/E Ratio, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
22.3x3.4x15.44x1.48% 4.35B
31.03x - - - 1.44B
45.82x2.98x25.59x - 893M
30.14x - - - 731M
Average 32.32x 3.19x 20.51x 1.48% 1.85B
Weighted average by Cap. 27.60x 3.33x 17.17x 1.48%

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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