Company Valuation: Norcros plc

Data adjusted to current consolidation scope
Fiscal Period: April 2022 2023 2024 2025 2026 2027 2028 2029
Market Cap 1 208.3 168.3 161.3 184.1 258.8 258.8 - -
Change - -19.21% -4.16% 14.17% 40.55% -0.01% - -
Enterprise Value (EV) 1 223.7 242.9 220.8 241.5 324.6 344.7 326.8 306.2
Change - 8.57% -9.1% 9.4% 34.39% 6.19% -5.18% -6.3%
P/E 8.24x 10x 6.04x 52.6x 960x 9.25x 8.92x 8.76x
PBR 1.04x 0.79x 0.73x 0.89x 1.31x 1.19x 1.12x 1.01x
PEG - -0.3x 0.1x -0.6x -10.4x 0x 2.46x 4.81x
Capitalization / Revenue 0.53x 0.38x 0.41x 0.5x 0.66x 0.58x 0.57x 0.55x
EV / Revenue 0.56x 0.55x 0.56x 0.66x 0.83x 0.78x 0.72x 0.65x
EV / EBITDA 4.93x 4.81x 4.83x 5.21x 6.56x 5.61x 5.1x 4.62x
EV / EBIT 5.35x 5.13x 5.11x 5.59x 7.06x 6.39x 5.82x 5.27x
EV / FCF 24.3x 13.1x 7.53x 16x 7.98x 14x 11.3x 9.8x
FCF Yield 4.11% 7.62% 13.3% 6.25% 12.5% 7.13% 8.84% 10.2%
Dividend per Share 2 0.1 0.102 0.102 0.104 0.113 0.1176 0.1246 0.1309
Rate of return 3.89% 5.41% 5.67% 5.07% 3.92% 4.06% 4.3% 4.51%
EPS 2 0.312 0.188 0.298 0.039 0.003 0.3137 0.325 0.331
Distribution rate 32.1% 54.3% 34.2% 267% 3,767% 37.5% 38.3% 39.6%
Net sales 1 396.3 441 392.1 368.1 393.4 444.1 456.6 469.1
EBITDA 1 45.4 50.5 45.7 46.4 49.5 61.4 64.04 66.3
EBIT 1 41.8 47.3 43.2 43.2 46 53.97 56.2 58.08
Net income 1 25.7 16.8 26.8 3.5 0.3 24.82 27.85 30.75
Net Debt 1 15.4 74.6 59.5 57.4 65.8 85.94 68.07 47.48
Reference price 2 2.570 1.885 1.800 2.050 2.880 2.900 2.900 2.900
Nbr of stocks (in thousands) 81,052 89,274 89,597 89,819 89,858 89,228 - -
Announcement Date 6/9/22 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.($)
9.25x0.78x5.61x4.06% 343M
22.65x2.85x13.96x1.94% 39.79B
11.78x0.93x6.01x3.38% 38.93B
15.33x2.11x10.54x1.86% 13.52B
17.48x2.91x11.99x1.41% 12.93B
-22.6x1.47x16.51x2.94% 12.9B
27.66x4.2x15.29x0.96% 7.74B
15.11x0.75x5.01x3.68% 7.71B
19.15x2.89x11.77x0.67% 7.24B
20.07x4.04x11.77x0.86% 6.88B
Average 13.59x 2.29x 10.85x 2.17% 14.8B
Weighted average by Cap. 14.27x 2.17x 10.98x 2.28%

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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  4. Valuation Norcros plc