Company Valuation: Forterra plc

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 627.2 386.2 364.4 341.2 390 295 - -
Change - -38.43% -5.63% -6.37% 14.31% -24.36% - -
Enterprise Value (EV) 1 602.8 410.1 481.8 447 465.6 376.8 364.6 346.1
Change - -31.98% 17.5% -7.23% 4.17% -19.07% -3.23% -5.08%
P/E 14x 6.86x 28.5x 19.5x 23.2x 14.3x 11.7x 9.7x
PBR 2.68x 1.83x 1.81x 1.52x 1.68x 1.31x 1.26x 1.17x
PEG - 0.2x -0.4x 0.6x -6.42x 0.6x 0.5x 0.5x
Capitalization / Revenue 1.69x 0.85x 1.05x 0.99x 1.01x 0.83x 0.79x 0.74x
EV / Revenue 1.63x 0.9x 1.39x 1.3x 1.21x 1.06x 0.97x 0.86x
EV / EBITDA 8.56x 4.6x 8.29x 8.6x 7.56x 6.82x 5.99x 4.97x
EV / EBIT 11.2x 5.64x 12.6x 14.3x 11.1x 10.9x 9.23x 7.24x
EV / FCF 17.1x 9.13x -10.6x 16.9x 8.69x 17.6x 11.8x 9.76x
FCF Yield 5.84% 10.9% -9.4% 5.91% 11.5% 5.68% 8.48% 10.2%
Dividend per Share 2 0.099 0.146 0.044 0.03 0.062 0.0501 0.0609 0.0756
Rate of return 3.59% 7.82% 2.49% 1.85% 3.34% 3.48% 4.23% 5.26%
EPS 2 0.197 0.272 0.062 0.083 0.08 0.1006 0.1224 0.1483
Distribution rate 50.3% 53.7% 71% 36.1% 77.5% 49.8% 49.7% 51%
Net sales 1 370.4 455.5 346.4 344.3 386 355.4 374.5 400.5
EBITDA 1 70.4 89.2 58.1 52 61.6 55.29 60.82 69.66
EBIT 1 54 72.7 38.1 31.2 42 34.42 39.5 47.8
Net income 1 45.5 58.8 12.8 17.5 17 21.08 25.22 30.87
Net Debt 1 -24.4 23.9 117.4 105.8 75.6 81.79 69.61 51.1
Reference price 2 2.760 1.866 1.768 1.620 1.854 1.438 1.438 1.438
Nbr of stocks (in thousands) 227,258 206,948 206,112 210,614 210,370 205,168 - -
Announcement Date 3/10/22 A 3/9/23 A 3/26/24 A 3/12/25 A 3/11/26 A - - -
1GBP in Million2GBP
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
16.11x1.91x9.16x1.65% 63.03B
34.27x3.54x18.14x0.89% 35.24B
30.66x4.83x16.09x0.76% 35.8B
12.49x1.49x6.86x2.46% 32.27B
31.56x5.07x15.35x0.64% 32.17B
22.28x6.82x14.23x1.88% 23.91B
19.05x2.28x9.09x1.14% 24.89B
74.8x4.66x72.13x0.31% 23.2B
11.05x1.18x5.81x0.94% 15.47B
Average 28.03x 3.53x 18.54x 1.19% 31.78B
Weighted average by Cap. 26.76x 3.41x 16.91x 1.25%

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