Company Valuation: ADT Inc.

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 6,991 8,285 6,287 6,267 6,615 4,778 - -
Change - 18.51% -24.12% -0.31% 5.55% -27.78% - -
Enterprise Value (EV) 1 16,660 17,857 14,116 13,624 13,938 12,304 11,735 11,107
Change - 7.19% -20.95% -3.48% 2.3% -11.73% -4.62% -5.35%
P/E -20.5x 47.7x 13.4x 13.3x 12x 8.28x 7.65x 7.27x
PBR 2.33x 2.42x 1.66x 1.52x 1.63x 1.23x 1.08x 0.95x
PEG - -0x 0x 6.78x 0.4x 0.5x 0.93x 1.38x
Capitalization / Revenue 1.32x 1.3x 1.26x 1.28x 1.29x 0.91x 0.89x 0.86x
EV / Revenue 3.14x 2.79x 2.83x 2.78x 2.72x 2.36x 2.19x 2.01x
EV / EBITDA 7.53x 7.3x 5.97x 5.28x 5.2x 4.6x 4.31x 3.91x
EV / EBIT 1,111x 31.9x 14.5x 11x 10.6x 9.51x 8.81x 7.75x
EV / FCF 35.8x 32x 16.6x 20.7x 17.5x 10.8x 12.1x 10.1x
FCF Yield 2.79% 3.12% 6.03% 4.84% 5.73% 9.28% 8.27% 9.9%
Dividend per Share 2 0.14 0.14 0.14 0.22 0.22 0.22 0.2267 0.2333
Rate of return 1.66% 1.54% 2.05% 3.18% 2.73% 3.36% 3.47% 3.57%
EPS 2 -0.41 0.19 0.51 0.52 0.67 0.79 0.855 0.9
Distribution rate -34.1% 73.7% 27.5% 42.3% 32.8% 27.8% 26.5% 25.9%
Net sales 1 5,307 6,395 4,983 4,898 5,129 5,222 5,361 5,533
EBITDA 1 2,213 2,447 2,365 2,578 2,680 2,678 2,723 2,844
EBIT 1 15 560 976 1,235 1,313 1,293 1,332 1,433
Net income 1 -341 173 463 501 596 627.8 625.4 683
Net Debt 1 9,669 9,572 7,829 7,357 7,323 7,526 6,958 6,329
Reference price 2 8.410 9.070 6.820 6.910 8.070 6.540 6.540 6.540
Nbr of stocks (in thousands) 831,271 913,467 921,821 907,013 819,763 730,559 - -
Announcement Date 3/1/22 A 2/28/23 A 2/28/24 A 2/27/25 A 3/2/26 A - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution



P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
8.28x2.36x4.6x3.36% 4.78B
18.8x3.31x13.22x1.45% 13.09B
22.2x0.99x6.04x1.79% 3.21B
13.67x0.94x6.11x - 2.87B
18.56x0.64x4.93x3.84% 2.08B
79.82x - - - 1.44B
23.63x - - - 1.38B
21.99x - - - 1.28B
14.86x - - - 1.04B
Average 24.64x 1.65x 6.98x 2.61% 3.46B
Weighted average by Cap. 20.09x 2.37x 9.31x 2.1%

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

-40%: Exceptional extension
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