Company Valuation: Forterra plc

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 627.2 386.2 364.4 341.2 390 284.1 - -
Change - -38.43% -5.63% -6.37% 14.31% -27.15% - -
Enterprise Value (EV) 1 602.8 410.1 481.8 447 465.6 356.7 341.7 322.7
Change - -31.98% 17.5% -7.23% 4.17% -23.4% -4.19% -5.57%
P/E 14x 6.86x 28.5x 19.5x 23.2x 12.5x 11x 9.16x
PBR 2.68x 1.83x 1.81x 1.52x 1.68x 1.25x 1.18x 1.1x
PEG - 0.2x -0.4x 0.6x -6.42x 0.3x 0.8x 0.5x
Capitalization / Revenue 1.69x 0.85x 1.05x 0.99x 1.01x 0.76x 0.72x 0.67x
EV / Revenue 1.63x 0.9x 1.39x 1.3x 1.21x 0.95x 0.86x 0.76x
EV / EBITDA 8.56x 4.6x 8.29x 8.6x 7.56x 6.2x 5.34x 4.38x
EV / EBIT 11.2x 5.64x 12.6x 14.3x 11.1x 9.59x 8.03x 6.28x
EV / FCF 17.1x 9.13x -10.6x 16.9x 8.69x 13x 10.9x 8.91x
FCF Yield 5.84% 10.9% -9.4% 5.91% 11.5% 7.7% 9.21% 11.2%
Dividend per Share 2 0.099 0.146 0.044 0.03 0.062 0.0547 0.0692 0.0838
Rate of return 3.59% 7.82% 2.49% 1.85% 3.34% 3.95% 5% 6.06%
EPS 2 0.197 0.272 0.062 0.083 0.08 0.1103 0.1263 0.1512
Distribution rate 50.3% 53.7% 71% 36.1% 77.5% 49.6% 54.8% 55.5%
Net sales 1 370.4 455.5 346.4 344.3 386 375.4 395.8 424.7
EBITDA 1 70.4 89.2 58.1 52 61.6 57.52 63.99 73.6
EBIT 1 54 72.7 38.1 31.2 42 37.2 42.55 51.4
Net income 1 45.5 58.8 12.8 17.5 17 23.12 26.43 31.98
Net Debt 1 -24.4 23.9 117.4 105.8 75.6 72.51 57.57 38.56
Reference price 2 2.760 1.866 1.768 1.620 1.854 1.384 1.384 1.384
Nbr of stocks (in thousands) 227,258 206,948 206,112 210,614 210,370 205,306 - -
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.($)
12.42x0.94x6.15x3.99% 376M
18.13x2.14x10.23x1.46% 71.85B
40.86x11.43x25.6x1.05% 39.62B
32.96x5.27x17.31x0.69% 39.34B
41.38x4.05x21.49x0.69% 35.65B
31.67x5.66x16.61x0.58% 35.99B
13.42x1.6x7.33x2.25% 34.81B
20.64x2.67x10.17x1.17% 29.76B
509.38x5.57x131.08x0.32% 22.59B
11.84x1.31x6.56x0.82% 17.73B
Average 73.27x 4.06x 25.25x 1.3% 32.77B
Weighted average by Cap. 59.91x 4.41x 22.68x 1.08%

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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