Company Valuation: Softcat plc

Data adjusted to current consolidation scope
Fiscal Period: July 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 3,834 2,772 2,984 3,239 3,256 4,088 - -
Change - -27.69% 7.65% 8.52% 0.54% 25.54% - -
Enterprise Value (EV) 1 3,732 2,675 2,862 3,080 3,109 3,912 3,869 3,842
Change - -28.32% 6.98% 7.64% 0.94% 25.83% -1.09% -0.7%
P/E 40.1x 25.2x 26.8x 27.4x 24.7x 27.4x 25.8x 22.7x
PBR 21.4x 13.1x 11.9x 10.9x 9.63x 13x 10.6x 8.71x
PEG - 1.7x 21.17x 4.51x 2.2x 1.8x 4.14x 1.7x
Capitalization / Revenue 3.31x 2.57x 3.03x 3.36x 2.23x 2.34x 2.29x 2.09x
EV / Revenue 3.23x 2.48x 2.9x 3.2x 2.13x 2.24x 2.16x 1.96x
EV / EBITDA 30.6x 19x 19.5x 19.2x 17x 18x 17x 15.2x
EV / EBIT 31.3x 19.6x 20.3x 20x 18x 19.3x 18.1x 16x
EV / FCF 44x 34x 28x 26.9x 24.1x 29.3x 27.9x 23.5x
FCF Yield 2.27% 2.94% 3.57% 3.72% 4.15% 3.41% 3.59% 4.25%
Dividend per Share 2 0.413 0.365 0.376 0.475 0.454 0.4974 0.5075 0.5379
Rate of return 2.14% 2.62% 2.51% 2.92% 2.78% 2.39% 2.44% 2.58%
EPS 2 0.482 0.553 0.56 0.594 0.662 0.7604 0.8078 0.9178
Distribution rate 85.7% 66% 67.1% 80% 68.6% 65.4% 62.8% 58.6%
Net sales 1 1,157 1,078 985.3 962.6 1,458 1,748 1,788 1,960
EBITDA 1 122 140.7 147 160.7 183.4 216.9 227.8 252.8
EBIT 1 119.4 136.1 140.9 154.1 172.9 203 213.9 240.4
Net income 1 96.18 110.4 112 119 133 153.1 162.3 187.2
Net Debt 1 -101.7 -97.3 -122.6 -158.5 -147.1 -175.6 -218.3 -245.2
Reference price 2 19.33 13.95 15.00 16.26 16.33 20.82 20.82 20.82
Nbr of stocks (in thousands) 198,326 198,725 198,949 199,177 199,392 196,331 - -
Announcement Date 26/10/21 25/10/22 24/10/23 24/10/24 22/10/25 - - -
1GBP in Million2GBP
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
27.38x2.24x18.04x2.39% 5.57B
22.99x3.75x13.1x2.89% 221B
13.89x1.53x8.04x3.45% 114B
-110.9x17.62x101.92x-.--% 110B
14.88x2.72x10.28x5.53% 87.14B
20.5x5.37x13.2x2.78% 62.35B
14.99x2.19x9.27x5.2% 48.6B
21.04x1.72x10.6x1.44% 40.6B
20.19x1.53x9.69x0.92% 38.72B
18.16x2.3x11.01x4.81% 37.35B
Average 6.31x 4.10x 20.51x 2.94% 76.52B
Weighted average by Cap. 0.32x 5.02x 24.17x 2.91%

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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