Company Valuation: Halma plc

Data adjusted to current consolidation scope
Fiscal Period: March 2022 2023 2024 2025 2026 2027 2028 2029
Market Cap 1 9,507 8,420 8,931 9,748 14,357 13,498 - -
Change - -11.44% 6.08% 9.14% 47.28% -5.98% - -
Enterprise Value (EV) 1 9,782 9,016 9,585 10,284 15,126 14,005 13,658 13,212
Change - -7.83% 6.3% 7.29% 47.09% -7.41% -2.47% -3.27%
P/E 38.9x 35.9x 33.4x 33x 38.7x 31.2x 28.3x 25.9x
PBR 6.77x 5.27x 5.15x 5.13x 6.62x 5.61x 4.84x 4.1x
PEG - -9.27x 2.3x 3.3x 1.5x 1.9x 2.8x 2.8x
Capitalization / Revenue 6.23x 4.54x 4.39x 4.34x 5.56x 4.61x 4.27x 3.91x
EV / Revenue 6.41x 4.87x 4.71x 4.57x 5.86x 4.78x 4.32x 3.82x
EV / EBITDA 26.2x 20.9x 19.8x 18.6x 22.9x 19.1x 17.2x 15x
EV / EBIT 30.1x 23.8x 22.6x 21.1x 25.5x 20.9x 18.8x 16.6x
EV / FCF 46.4x 42.4x 28.6x 23.7x 36.8x 33.5x 28.5x 25.5x
FCF Yield 2.15% 2.36% 3.5% 4.22% 2.71% 2.98% 3.5% 3.92%
Dividend per Share 2 0.1888 0.202 0.2161 0.2312 0.2474 0.264 0.2914 0.3136
Rate of return 0.75% 0.91% 0.91% 0.9% 0.65% 0.74% 0.82% 0.88%
EPS 2 0.6454 0.6204 0.7096 0.7814 0.9817 1.144 1.261 1.378
Distribution rate 29.3% 32.6% 30.5% 29.6% 25.2% 23.1% 23.1% 22.8%
Net sales 1 1,525 1,853 2,034 2,248 2,582 2,927 3,164 3,455
EBITDA 1 373.8 431.7 483.1 552.8 661.5 732.3 795.7 881.5
EBIT 1 324.7 378.2 424.3 486.6 593.4 668.6 724.7 795.4
Net income 1 244.4 288.4 268.8 296.4 372.3 432.9 476.7 517.8
Net Debt 1 274.8 596.7 653.2 535.8 769.1 506.5 159.9 -286.4
Reference price 2 25.10 22.29 23.68 25.81 38.02 35.74 35.74 35.74
Nbr of stocks (in thousands) 378,775 377,732 377,174 377,683 377,614 377,678 - -
Announcement Date 16/06/22 15/06/23 13/06/24 12/06/25 11/06/26 - - -
1GBP in Million2GBP
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
29.8x4.57x18.28x0.77% 17.11B
34.88x12.16x22.19x0.79% 115B
42.29x6.35x29.79x1.87% 38.81B
25.31x1.15x13.63x-.--% 37.74B
22.62x1.83x8.78x1.47% 31.81B
30.23x4.62x18.41x-.--% 29.27B
33.26x2.17x15.45x1.55% 28.83B
10.75x6.09x16.91x1.2% 26.48B
28.84x1.56x13.62x0.44% 13.79B
22.91x2.59x11.65x-.--% 13.48B
Average 28.09x 4.31x 16.87x 0.81% 35.22B
Weighted average by Cap. 30.29x 6.35x 18.71x 0.87%

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