Company Valuation: Kainos Group plc

Data adjusted to current consolidation scope
Fiscal Period: March 2022 2023 2024 2025 2026 2027 2028 2029
Market Cap 1 1,640 1,722 1,214 820.7 855 1,426 - -
Change - 5.01% -29.49% -32.4% 4.18% 66.8% - -
Enterprise Value (EV) 1 1,567 1,615 1,098 697.9 778.3 1,337 1,308 1,281
Change - 3.09% -31.99% -36.46% 11.51% 71.76% -2.13% -2.1%
P/E 46.4x 41.8x 25x 23.5x 20.8x 26.4x 22.8x 20.2x
PBR 15.1x 13.2x 7.68x 6.02x 8.8x 11.3x 9.05x 7.81x
PEG - 2.6x 1.5x -0.9x 0.9x 0.8x 1.5x 1.6x
Capitalization / Revenue 5.42x 4.59x 3.17x 2.23x 1.98x 2.63x 2.45x 2.21x
EV / Revenue 5.18x 4.31x 2.87x 1.9x 1.81x 2.47x 2.24x 1.98x
EV / EBITDA 25.3x 23.2x 14.2x 10.9x 11.4x 15.7x 13.9x 12x
EV / EBIT 34x 24.4x 15x 11.7x 14.2x 17x 15x 13x
EV / FCF 42.1x 27.2x 17.3x 12.6x 15.7x 28.2x 18.5x 16.7x
FCF Yield 2.37% 3.68% 5.77% 7.94% 6.39% 3.54% 5.4% 6%
Dividend per Share 2 0.222 0.239 0.273 0.284 0.296 0.318 0.3404 0.3521
Rate of return 1.68% 1.73% 2.83% 4.28% 4.05% 2.6% 2.78% 2.87%
EPS 2 0.285 0.331 0.386 0.282 0.351 0.464 0.5367 0.6053
Distribution rate 77.9% 72.2% 70.7% 101% 84.3% 68.5% 63.4% 58.2%
Net sales 1 302.6 374.8 382.4 367.2 431.1 542.1 583.1 645.4
EBITDA 1 61.98 69.58 77.22 64.19 68.29 85.38 94.12 106.7
EBIT 1 46.02 66.17 73.18 59.54 54.77 78.72 87.08 98.5
Net income 1 35.77 41.64 48.72 35.56 42.5 55.14 63.04 72.82
Net Debt 1 -73.25 -106.9 -115.7 -122.7 -76.67 -89.27 -117.7 -145.2
Reference price 2 13.23 13.82 9.66 6.64 7.30 12.25 12.25 12.25
Nbr of stocks (in thousands) 123,942 124,596 125,742 123,596 117,121 116,417 - -
Announcement Date 5/23/22 A 5/22/23 A 5/20/24 A 5/19/25 A 5/18/26 A - - -
1GBP in Million2GBP
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
26.4x2.47x15.66x2.6% 1.91B
22.54x3.69x12.88x2.95% 216B
-130.35x18.18x100.79x-.--% 117B
13.46x1.48x7.8x3.56% 111B
13.63x2.48x9.35x6.03% 79.37B
19.51x5.17x12.71x2.91% 58.38B
13.79x1.99x8.45x5.65% 44.37B
22.36x1.83x11.42x1.31% 43.97B
21.06x1.6x10.17x0.89% 40.66B
17.22x2.17x10.3x5.08% 35.23B
Average 3.96x 4.11x 19.95x 3.1% 74.83B
Weighted average by Cap. -4.78x 5.22x 24.89x 2.95%

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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  4. Valuation Kainos Group plc
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