Company Valuation: Halma plc

Data adjusted to current consolidation scope
Fiscal Period: March 2022 2023 2024 2025 2026 2027 2028 2029
Market Cap 1 9,507 8,420 8,931 9,748 14,357 14,087 - -
Change - -11.44% 6.08% 9.14% 47.28% -1.88% - -
Enterprise Value (EV) 1 9,782 9,016 9,585 10,284 15,126 14,594 14,247 13,801
Change - -7.83% 6.3% 7.29% 47.09% -3.52% -2.37% -3.13%
P/E 38.9x 35.9x 33.4x 33x 38.7x 32.6x 29.6x 27.1x
PBR 6.77x 5.27x 5.15x 5.13x 6.62x 5.86x 5.05x 4.28x
PEG - -9.27x 2.3x 3.3x 1.5x 2x 2.9x 2.93x
Capitalization / Revenue 6.23x 4.54x 4.39x 4.34x 5.56x 4.81x 4.45x 4.08x
EV / Revenue 6.41x 4.87x 4.71x 4.57x 5.86x 4.99x 4.5x 3.99x
EV / EBITDA 26.2x 20.9x 19.8x 18.6x 22.9x 19.9x 17.9x 15.7x
EV / EBIT 30.1x 23.8x 22.6x 21.1x 25.5x 21.8x 19.7x 17.4x
EV / FCF 46.4x 42.4x 28.6x 23.7x 36.8x 34.9x 29.8x 26.6x
FCF Yield 2.15% 2.36% 3.5% 4.22% 2.71% 2.86% 3.36% 3.76%
Dividend per Share 2 0.1888 0.202 0.2161 0.2312 0.2474 0.264 0.2914 0.3136
Rate of return 0.75% 0.91% 0.91% 0.9% 0.65% 0.71% 0.78% 0.84%
EPS 2 0.6454 0.6204 0.7096 0.7814 0.9817 1.144 1.261 1.378
Distribution rate 29.3% 32.6% 30.5% 29.6% 25.2% 23.1% 23.1% 22.8%
Net sales 1 1,525 1,853 2,034 2,248 2,582 2,927 3,164 3,455
EBITDA 1 373.8 431.7 483.1 552.8 661.5 732.3 795.7 881.5
EBIT 1 324.7 378.2 424.3 486.6 593.4 668.6 724.7 795.4
Net income 1 244.4 288.4 268.8 296.4 372.3 432.9 476.7 517.8
Net Debt 1 274.8 596.7 653.2 535.8 769.1 506.5 159.9 -286.4
Reference price 2 25.10 22.29 23.68 25.81 38.02 37.30 37.30 37.30
Nbr of stocks (in thousands) 378,775 377,732 377,174 377,683 377,614 377,678 - -
Announcement Date 6/16/22 A 6/15/23 A 6/13/24 A 6/12/25 A 6/11/26 A - - -
1GBP in Million2GBP
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
37.34x13.2x24.29x0.74% 130B
54.17x8.11x38.09x1.46% 49.89B
29.09x1.34x15.4x-.--% 44.22B
23.83x1.99x9.55x1.32% 36.37B
33.03x5.02x19.99x-.--% 32B
32.83x2.28x15.85x1.46% 31.23B
11x6.12x17.06x1.38% 27.53B
32.6x4.99x19.93x0.71% 19.05B
25.4x3.23x13.5x-.--% 17.89B
Average 31.03x 5.14x 19.29x 0.79% 43.1B
Weighted average by Cap. 33.93x 7.22x 21.41x 0.81%

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