Company Valuation: Forterra plc

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 627.2 386.2 364.4 341.2 390 290.9 - -
Change - -38.43% -5.63% -6.37% 14.31% -25.41% - -
Enterprise Value (EV) 1 602.8 410.1 481.8 447 465.6 372.7 360.5 342
Change - -31.98% 17.5% -7.23% 4.17% -19.95% -3.27% -5.13%
P/E 14x 6.86x 28.5x 19.5x 23.2x 14.1x 11.6x 9.56x
PBR 2.68x 1.83x 1.81x 1.52x 1.68x 1.29x 1.24x 1.15x
PEG - 0.2x -0.4x 0.6x -6.42x 0.5x 0.5x 0.5x
Capitalization / Revenue 1.69x 0.85x 1.05x 0.99x 1.01x 0.82x 0.78x 0.73x
EV / Revenue 1.63x 0.9x 1.39x 1.3x 1.21x 1.05x 0.96x 0.85x
EV / EBITDA 8.56x 4.6x 8.29x 8.6x 7.56x 6.74x 5.93x 4.91x
EV / EBIT 11.2x 5.64x 12.6x 14.3x 11.1x 10.8x 9.13x 7.15x
EV / FCF 17.1x 9.13x -10.6x 16.9x 8.69x 17.4x 11.7x 9.65x
FCF Yield 5.84% 10.9% -9.4% 5.91% 11.5% 5.75% 8.58% 10.4%
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% 3.53% 4.29% 5.33%
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 1.418 1.418 1.418
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 (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
14.1x1.05x6.74x3.53% 397M
16.29x1.93x9.24x1.63% 63.73B
30.62x4.83x16.07x0.76% 35.76B
34.45x3.56x18.22x0.89% 35.34B
12.63x1.5x6.93x2.43% 32.68B
31.42x5.05x15.28x0.65% 32.02B
18.93x2.27x9.04x1.15% 24.73B
20.79x6.17x12.53x2.25% 23.54B
75.21x4.68x72.52x0.3% 23.29B
11.46x1.22x5.97x0.9% 16.05B
Average 26.59x 3.23x 17.25x 1.45% 28.75B
Weighted average by Cap. 26.67x 3.35x 16.79x 1.28%

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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