Company Valuation: IMI plc

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 4,519 3,335 4,352 4,643 6,101 7,054 - -
Change - -26.19% 30.49% 6.67% 31.41% 15.62% - -
Enterprise Value (EV) 1 5,139 4,147 4,991 5,191 6,634 7,623 7,382 7,146
Change - -19.29% 20.34% 4% 27.81% 14.91% -3.16% -3.19%
P/E 23.7x 14.8x 18.5x 19x 20.1x 22.7x 21x 19.3x
PBR 5.97x 3.69x 4.25x 4.34x 5.59x 7.03x 5.45x 4.44x
PEG - 0.8x 4.03x 3.94x 0.7x 4.52x 2.56x 2.22x
Capitalization / Revenue 2.42x 1.63x 1.98x 2.1x 2.65x 2.98x 2.88x 2.77x
EV / Revenue 2.75x 2.02x 2.27x 2.35x 2.88x 3.22x 3.02x 2.8x
EV / EBITDA 12.7x 9.08x 9.92x 9.86x 12.1x 13.4x 12.5x 11.5x
EV / EBIT 16.2x 11.4x 12.2x 11.9x 14.4x 16x 14.7x 13.4x
EV / FCF 24.3x 19.5x 17.6x 18.5x 20.9x 24.3x 22.3x 20.3x
FCF Yield 4.12% 5.12% 5.68% 5.4% 4.77% 4.12% 4.48% 4.92%
Dividend per Share 2 0.237 0.257 0.283 0.311 0.342 0.3634 0.396 0.4272
Rate of return 1.37% 2% 1.68% 1.71% 1.37% 1.23% 1.34% 1.44%
EPS 2 0.732 0.872 0.912 0.956 1.238 1.3 1.407 1.529
Distribution rate 32.4% 29.5% 31% 32.5% 27.6% 28% 28.2% 27.9%
Net sales 1 1,866 2,049 2,196 2,210 2,304 2,369 2,446 2,550
EBITDA 1 403.5 457 503.2 526.3 549.5 567.6 592.5 620.7
EBIT 1 318 363.8 410.6 435.5 460.1 476.1 501.5 534
Net income 1 196.3 226.3 237.3 248.5 309.9 304.9 326.8 354
Net Debt 1 619.9 812 638.6 547.7 532.8 569 327.9 92.12
Reference price 2 17.36 12.88 16.84 18.21 24.88 29.58 29.58 29.58
Nbr of stocks (in thousands) 260,311 258,957 258,455 254,960 245,217 238,476 - -
Announcement Date 2/25/22 A 3/3/23 A 3/1/24 A 2/28/25 A 3/6/26 A - - -
1GBP in Million2GBP
Estimates

P/E, Detailed evolution

P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
36.37x6.23x23.17x0.74% 125B
42.7x7.34x27.46x1.43% 42.47B
33.89x4.35x16.06x0.1% 31.97B
25.52x3.72x16x0.92% 31.07B
21.15x1.74x12.89x2.3% 29.96B
28.85x4.77x17.07x1.38% 28.49B
25.68x3.07x13.41x1.47% 27.81B
26.31x3.39x16.15x1.73% 24.01B
Average 30.06x 4.33x 17.78x 1.26% 42.57B
Weighted average by Cap. 32.39x 4.99x 19.68x 1.1%

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