Company Valuation: PZ Cussons Plc

Data adjusted to current consolidation scope
Fiscal Period: May 2022 2023 2024 2025 2026 2027 2028 2029
Market Cap 1 847.3 770 462.2 366.5 369.9 430.6 - -
Change - -9.12% -39.98% -20.71% 0.94% 16.41% - -
Enterprise Value (EV) 1 857.1 764.3 577.5 478.5 369.9 431.6 402.1 377.4
Change - -10.83% -24.45% -17.15% -22.69% 16.68% -6.83% -6.14%
P/E 16.9x 21.2x -8.12x -63.3x 18.8x 14.1x 12.9x 11.3x
PBR 2.05x 1.87x 1.91x 1.67x - 1.67x 1.5x 1.4x
PEG - -0.8x 0x 0.7x -0x 0.3x 1.44x 0.8x
Capitalization / Revenue 1.43x 1.17x 0.88x 0.71x 0.68x 0.76x 0.74x 0.71x
EV / Revenue 1.45x 1.16x 1.09x 0.93x 0.68x 0.77x 0.69x 0.62x
EV / EBITDA 9.82x 8.27x 7.61x 7.19x 5.14x 5.83x 5.44x 4.94x
EV / EBIT 12.6x 10.4x 9.91x 8.72x 6.22x 7.14x 6.35x 5.64x
EV / FCF 20.3x 18x 13.9x 28.8x - 11x 9.1x 8.54x
FCF Yield 4.92% 5.56% 7.2% 3.47% - 9.1% 11% 11.7%
Dividend per Share 2 0.064 0.064 0.036 0.036 - 0.0379 0.0402 0.044
Rate of return 3.16% 3.48% 3.26% 4.12% - 3.71% 3.93% 4.3%
EPS 2 0.1195 0.0867 -0.136 -0.0138 0.0467 0.0726 0.0791 0.0905
Distribution rate 53.6% 73.8% -26.5% -261% - 52.2% 50.8% 48.6%
Net sales 1 592.8 656.3 527.9 513.8 541.4 564 585.2 606.8
EBITDA 1 87.3 92.4 75.9 66.5 72 73.97 73.94 76.41
EBIT 1 67.9 73.3 58.3 54.9 59.5 60.48 63.3 66.91
Net income 1 48.5 36.4 -57 -5.8 19.8 30.81 33.52 38.29
Net Debt 1 9.8 -5.7 115.3 112 - 1.004 -28.49 -53.18
Reference price 2 2.025 1.840 1.104 0.874 0.880 1.022 1.022 1.022
Nbr of stocks (in thousands) 418,434 418,497 418,630 419,289 420,354 421,330 - -
Announcement Date 9/22/22 A 9/26/23 A 9/18/24 A 9/17/25 A 8/6/26 A - - -
1GBP in Million2GBP
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
21.58x4.12x15.08x2.99% 340B
18.63x2.75x12.15x3.47% 139B
24.5x3.67x15.42x2.36% 70.77B
40.69x6.55x28.44x2.27% 49.11B
34.02x2.59x14.39x1.58% 37.58B
19.93x2.79x11.62x4.45% 36B
22.87x1.67x10.72x2.2% 20.26B
15.84x1.52x8.73x3.36% 19.28B
20.15x1.29x8.38x1.3% 19.37B
Average 24.25x 3.00x 13.88x 2.66% 81.24B
Weighted average by Cap. 22.99x 3.63x 14.78x 2.91%

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