Company Valuation: Telecom Plus Plc

Data adjusted to current consolidation scope
Fiscal Period: March 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 997 1,205 1,497 1,280 1,380 599.6 - -
Change - 20.89% 24.2% -14.48% 7.83% -56.56% - -
Enterprise Value (EV) 1 1,068 1,276 1,600 1,403 1,496 1,175 769 775.4
Change - 19.4% 25.45% -12.35% 6.67% -21.5% 2.82% 0.84%
P/E - 34x 22.2x 18.3x 18.3x 12.9x 10.9x 9.39x
PBR 4.7x 5.85x - 5.53x 5.47x 3.86x 2.2x 2.1x
PEG - - 0.2x 4.33x 2.58x 2.56x -0.3x 0.6x
Capitalization / Revenue 1.16x 1.25x 0.6x 0.63x 0.75x 0.53x 0.29x 0.28x
EV / Revenue 1.24x 1.32x 0.65x 0.69x 0.81x 0.61x 0.37x 0.36x
EV / EBITDA 16.9x 17.3x 14.5x 10.5x 10.1x 7.26x 6.71x 6.29x
EV / EBIT 18.3x 19.6x 16.6x 11.4x 11x 8.12x 8.2x 7.59x
EV / FCF 32.1x 30.8x 7.11x -9.67x 16.3x 21.7x 18.9x 14.5x
FCF Yield 3.12% 3.24% 14.1% -10.3% 6.12% 4.62% 5.28% 6.87%
Dividend per Share 2 0.57 0.57 0.8 0.83 0.94 0.5 0.3285 0.371
Rate of return 4.49% 3.73% 4.23% 5.1% 5.4% 3.87% 4.37% 4.94%
EPS 2 - 0.45 0.852 0.888 0.951 0.999 0.6867 0.7994
Distribution rate - 127% 93.9% 93.5% 98.8% 50.1% 47.8% 46.4%
Net sales 1 861.2 967.4 2,475 2,039 1,838 1,941 2,051 2,130
EBITDA 1 63.12 73.62 110.4 133.3 148.1 161.8 114.6 123.2
EBIT 1 58.39 65.18 96.38 122.6 136.2 144.6 93.83 102.1
Net income 1 - 35.47 68.43 71.04 76.1 80.67 53.79 60.26
Net Debt 1 71.42 70.4 103.4 122.5 115.9 143.1 169.4 175.8
Reference price 2 12.700 15.300 18.900 16.280 17.400 7.510 7.510 7.510
Nbr of stocks (in thousands) 78,502 78,773 79,202 78,631 79,331 79,835 - -
Announcement Date 18/06/21 21/06/22 27/06/23 18/06/24 24/06/25 23/06/26 - -
1GBP in Million2GBP
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
6.77x0.39x4.83x9.29% 801M
34.13x6.27x17.03x1.66% 81.11B
13.74x5.68x12.26x4.03% 81.79B
14.39x1.57x8.08x5.12% 75.62B
18.16x7.05x14.72x2.82% 60.83B
16.66x1.17x9.65x3.21% 54.96B
23.02x2.55x9.53x2.31% 46.01B
64.21x21.61x37.53x0.29% 39.65B
18.8x5.17x13.4x3.28% 40.67B
17.35x5.02x9.77x4.55% 37.43B
Average 22.72x 5.65x 13.68x 3.66% 51.89B
Weighted average by Cap. 23.18x 5.70x 14.00x 3.14%

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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  4. Valuation Telecom Plus Plc