Company Valuation: Forterra plc

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 627.2 386.2 364.4 341.2 390 306.6 - -
Change - -38.43% -5.63% -6.37% 14.31% -21.4% - -
Enterprise Value (EV) 1 602.8 410.1 481.8 447 465.6 390.9 377.1 360.9
Change - -31.98% 17.5% -7.23% 4.17% -16.05% -3.54% -4.29%
P/E 14x 6.86x 28.5x 19.5x 23.2x 15.2x 12.5x 10.4x
PBR 2.68x 1.83x 1.81x 1.52x 1.68x 1.44x 1.37x 1.29x
PEG - 0.2x -0.4x 0.6x -6.42x 0.6x 0.6x 0.5x
Capitalization / Revenue 1.69x 0.85x 1.05x 0.99x 1.01x 0.87x 0.83x 0.78x
EV / Revenue 1.63x 0.9x 1.39x 1.3x 1.21x 1.11x 1.02x 0.91x
EV / EBITDA 8.56x 4.6x 8.29x 8.6x 7.56x 7.12x 6.24x 5.23x
EV / EBIT 11.2x 5.64x 12.6x 14.3x 11.1x 11.5x 9.66x 7.67x
EV / FCF 17.1x 9.13x -10.6x 16.9x 8.69x 20x 12.6x 10.6x
FCF Yield 5.84% 10.9% -9.4% 5.91% 11.5% 4.99% 7.96% 9.41%
Dividend per Share 2 0.099 0.146 0.044 0.03 0.062 0.0503 0.0608 0.0756
Rate of return 3.59% 7.82% 2.49% 1.85% 3.34% 3.28% 3.97% 4.94%
EPS 2 0.197 0.272 0.062 0.083 0.08 0.1006 0.1224 0.1477
Distribution rate 50.3% 53.7% 71% 36.1% 77.5% 50% 49.6% 51.2%
Net sales 1 370.4 455.5 346.4 344.3 386 353.2 371.3 395.5
EBITDA 1 70.4 89.2 58.1 52 61.6 54.9 60.45 68.98
EBIT 1 54 72.7 38.1 31.2 42 34 39.02 47.08
Net income 1 45.5 58.8 12.8 17.5 17 20.04 24.78 30.52
Net Debt 1 -24.4 23.9 117.4 105.8 75.6 84.35 70.52 54.33
Reference price 2 2.760 1.866 1.768 1.620 1.854 1.532 1.532 1.532
Nbr of stocks (in thousands) 227,258 206,948 206,112 210,614 210,370 200,100 - -
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.($)
14.66x1.07x6.91x3.41% 391M
14.1x1.68x8.2x1.95% 53.32B
17.63x2.42x9.62x2.93% 42.6B
33.07x5.77x17.26x0.73% 33.55B
32.24x3.34x17.15x1.04% 33.31B
27.75x4.32x14.56x0.86% 31.56B
11.26x1.36x6.36x2.73% 27.94B
19.56x6.14x12.83x2.29% 22.8B
66.61x4.17x64.52x0.34% 20.81B
14.76x1.87x7.58x1.48% 19.76B
Average 25.16x 3.21x 16.50x 1.78% 28.6B
Weighted average by Cap. 24.49x 3.27x 15.46x 1.68%

Y-o-Y evolution of P/E

Valuation ratios - P/E - Forterra plc

Historical PBR trend

Valuation ratios - PBR - Forterra plc

Evolution Enterprise Value / Sales

Valuation ratios - VE_REV - Forterra plc

Change in Enterprise Value/EBITDA

Valuation ratios - VE_EBITDA - Forterra plc


Year-on-year evolution of the Yield

Valuation ratios - Yield - Forterra plc
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