Company Valuation: IMI plc

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 4,519 3,335 4,352 4,643 6,101 7,281 - -
Change - -26.19% 30.49% 6.67% 31.41% 19.34% - -
Enterprise Value (EV) 1 5,139 4,147 4,991 5,191 6,634 7,831 7,595 7,328
Change - -19.29% 20.34% 4% 27.81% 18.05% -3.02% -3.52%
P/E 23.7x 14.8x 18.5x 19x 20.1x 24x 21.2x 19.5x
PBR 5.97x 3.69x 4.25x 4.34x 5.59x 7.55x 6.27x 5.25x
PEG - 0.8x 4.03x 3.94x 0.7x 7.1x 1.6x 2.17x
Capitalization / Revenue 2.42x 1.63x 1.98x 2.1x 2.65x 3.05x 2.94x 2.83x
EV / Revenue 2.75x 2.02x 2.27x 2.35x 2.88x 3.28x 3.07x 2.84x
EV / EBITDA 12.7x 9.08x 9.92x 9.86x 12.1x 13.6x 12.6x 11.5x
EV / EBIT 16.2x 11.4x 12.2x 11.9x 14.4x 16.4x 15x 13.6x
EV / FCF 24.3x 19.5x 17.6x 18.5x 20.9x 22.7x 23x 21x
FCF Yield 4.12% 5.12% 5.68% 5.4% 4.77% 4.4% 4.35% 4.77%
Dividend per Share 2 0.237 0.257 0.283 0.311 0.342 0.3661 0.4 0.4309
Rate of return 1.37% 2% 1.68% 1.71% 1.37% 1.19% 1.3% 1.4%
EPS 2 0.732 0.872 0.912 0.956 1.238 1.28 1.447 1.577
Distribution rate 32.4% 29.5% 31% 32.5% 27.6% 28.6% 27.6% 27.3%
Net sales 1 1,866 2,049 2,196 2,210 2,304 2,389 2,473 2,577
EBITDA 1 403.5 457 503.2 526.3 549.5 574 603.8 635.9
EBIT 1 318 363.8 410.6 435.5 460.1 477.4 506.2 540.7
Net income 1 196.3 226.3 237.3 248.5 309.9 304.1 336.3 359.8
Net Debt 1 619.9 812 638.6 547.7 532.8 550.2 313.6 46.56
Reference price 2 17.36 12.88 16.84 18.21 24.88 30.72 30.72 30.72
Nbr of stocks (in thousands) 260,311 258,957 258,455 254,960 245,217 237,018 - -
Announcement Date 25/02/22 03/03/23 01/03/24 28/02/25 06/03/26 - - -
1GBP in Million2GBP
Estimates

P/E, Detailed evolution

P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
32.06x5.47x20.04x0.79% 126B
27.48x5.06x17.63x2.19% 35.42B
22.95x1.97x14.1x2.04% 33.38B
31.77x4.22x15.94x0.11% 31.24B
21.45x3.61x11.42x1.51% 28.11B
22.3x3.23x13.93x1.05% 27.19B
24.71x3.01x12.98x1.53% 26.48B
105.01x37.81x86.48x0.35% 26.05B
26.13x3.28x16.05x1.73% 24.5B
Average 34.87x 7.52x 23.17x 1.25% 39.85B
Weighted average by Cap. 33.51x 6.70x 21.78x 1.15%

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