Company Valuation: Forterra plc

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 627.2 386.2 364.4 341.2 390 310.6 - -
Change - -38.43% -5.63% -6.37% 14.31% -20.36% - -
Enterprise Value (EV) 1 602.8 410.1 481.8 447 465.6 392.4 380.2 361.7
Change - -31.98% 17.5% -7.23% 4.17% -15.72% -3.1% -4.87%
P/E 14x 6.86x 28.5x 19.5x 23.2x 15.1x 12.4x 10.2x
PBR 2.68x 1.83x 1.81x 1.52x 1.68x 1.38x 1.32x 1.23x
PEG - 0.2x -0.4x 0.6x -6.42x 0.6x 0.6x 0.5x
Capitalization / Revenue 1.69x 0.85x 1.05x 0.99x 1.01x 0.87x 0.83x 0.78x
EV / Revenue 1.63x 0.9x 1.39x 1.3x 1.21x 1.1x 1.02x 0.9x
EV / EBITDA 8.56x 4.6x 8.29x 8.6x 7.56x 7.1x 6.25x 5.19x
EV / EBIT 11.2x 5.64x 12.6x 14.3x 11.1x 11.4x 9.63x 7.57x
EV / FCF 17.1x 9.13x -10.6x 16.9x 8.69x 18.3x 12.3x 10.2x
FCF Yield 5.84% 10.9% -9.4% 5.91% 11.5% 5.46% 8.14% 9.8%
Dividend per Share 2 0.099 0.146 0.044 0.03 0.062 0.0501 0.0609 0.0756
Rate of return 3.59% 7.82% 2.49% 1.85% 3.34% 3.31% 4.02% 5%
EPS 2 0.197 0.272 0.062 0.083 0.08 0.1006 0.1224 0.1483
Distribution rate 50.3% 53.7% 71% 36.1% 77.5% 49.8% 49.7% 51%
Net sales 1 370.4 455.5 346.4 344.3 386 355.4 374.5 400.5
EBITDA 1 70.4 89.2 58.1 52 61.6 55.29 60.82 69.66
EBIT 1 54 72.7 38.1 31.2 42 34.42 39.5 47.8
Net income 1 45.5 58.8 12.8 17.5 17 21.08 25.22 30.87
Net Debt 1 -24.4 23.9 117.4 105.8 75.6 81.79 69.61 51.1
Reference price 2 2.760 1.866 1.768 1.620 1.854 1.514 1.514 1.514
Nbr of stocks (in thousands) 227,258 206,948 206,112 210,614 210,370 205,168 - -
Announcement Date 10/03/22 09/03/23 26/03/24 12/03/25 11/03/26 - - -
1GBP in Million2GBP
Estimates

P/E, Detailed evolution

P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
15.06x1.1x7.1x3.31% 419M
16.62x1.96x9.4x1.59% 65B
35.13x3.62x18.53x0.86% 36.08B
30.79x4.85x16.15x0.76% 35.96B
12.74x1.51x6.97x2.4% 32.63B
32.11x5.15x15.58x0.63% 32.72B
19.05x2.32x9.16x1.27% 25.34B
23.01x7.04x14.68x1.82% 24.65B
66.83x4.65x71.01x0.31% 23.15B
11.5x1.22x5.99x0.9% 16.1B
Average 26.28x 3.34x 17.46x 1.39% 29.21B
Weighted average by Cap. 26.40x 3.46x 16.89x 1.24%

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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