Company Valuation: Whitbread PLC

Data adjusted to current consolidation scope
Fiscal Period: February 2022 2023 2024 2025 2026 2027 2028 2029
Market Cap 1 5,939 6,287 6,414 4,751 4,374 4,205 - -
Change - 5.86% 2.02% -25.92% -7.95% -3.85% - -
Enterprise Value (EV) 1 9,500 10,074 10,810 9,468 9,606 9,399 9,378 9,365
Change - 6.04% 7.31% -12.41% 1.45% -2.15% -0.22% -0.14%
P/E 141x 22.7x 21.8x 19.3x 21.4x 14.1x 12.8x 11.9x
PBR 1.44x 1.53x 1.83x 1.43x 1.4x 1.3x 1.26x 1.22x
PEG - 0x 1.3x -1.6x -1.7x 0.3x 1.35x 1.45x
Capitalization / Revenue 3.49x 2.39x 2.17x 1.63x 1.5x 1.44x 1.4x 1.33x
EV / Revenue 5.58x 3.84x 3.65x 3.24x 3.29x 3.23x 3.11x 2.97x
EV / EBITDA 19.8x 11.3x 10.2x 9.19x 8.94x 9.01x 8.46x 7.95x
EV / EBIT 62x 18.5x 16x 15x 14.8x 15.7x 14.5x 13.4x
EV / FCF 33.1x 31.7x 27.2x 33.4x 128x 24.3x 28.7x 24.4x
FCF Yield 3.02% 3.16% 3.68% 2.99% 0.78% 4.12% 3.49% 4.1%
Dividend per Share 2 0.347 0.742 0.97 0.97 0.97 0.9318 0.9854 1.068
Rate of return 1.18% 2.38% 2.78% 3.58% 3.7% 3.7% 3.92% 4.25%
EPS 2 0.209 1.375 1.599 1.406 1.224 1.79 1.959 2.12
Distribution rate 166% 54% 60.7% 69% 79.2% 52.1% 50.3% 50.4%
Net sales 1 1,703 2,625 2,960 2,922 2,920 2,913 3,011 3,155
EBITDA 1 480.2 888 1,057 1,030 1,074 1,043 1,108 1,178
EBIT 1 153.3 543.5 674.2 629.6 648.9 599.7 648 698.9
Net income 1 42.5 278.8 312.1 253.7 212.9 305 331.3 352.6
Net Debt 1 3,561 3,787 4,397 4,717 5,232 5,194 5,173 5,159
Reference price 2 29.46 31.15 34.92 27.07 26.20 25.16 25.16 25.16
Nbr of stocks (in thousands) 201,600 201,828 183,667 175,524 166,942 167,142 - -
Announcement Date 28/04/22 25/04/23 30/04/24 01/05/25 30/04/26 - - -
1GBP in Million2GBP
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
14.06x3.23x9.01x3.7% 5.59B
17.03x3.05x8.75x4.69% 13.18B
17.03x5.54x11.05x2.27% 5.62B
19.35x4.35x11.05x1.01% 5.17B
16.3x2.28x9.47x3.04% 4.82B
17.39x1.66x7.89x3.18% 2.76B
17.43x1.29x7.92x2.03% 2.33B
14.42x1.5x5.84x3.84% 2.01B
Average 16.63x 2.86x 8.87x 2.97% 5.18B
Weighted average by Cap. 16.75x 3.22x 9.22x 3.29%

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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