Company Valuation: Tesco PLC

Data adjusted to current consolidation scope
Fiscal Period: February 2022 2023 2024 2025 2026 2027 2028 2029
Market Cap 1 21,946 18,535 19,429 25,462 30,544 27,942 - -
Change - -15.54% 4.83% 31.05% 19.96% -8.52% - -
Enterprise Value (EV) 1 32,462 29,028 29,193 34,916 41,107 38,487 38,289 38,189
Change - -10.58% 0.57% 19.6% 17.73% -6.38% -0.51% -0.26%
P/E 14.8x 25.3x 11.4x 16.2x 17.7x 14.7x 13.4x 12.3x
PBR 1.42x 1.52x 1.71x 2.23x 2.73x 2.46x 2.36x 2.26x
PEG - -0.5x 0x -3.9x 1.2x 1.2x 1.34x 1.32x
Capitalization / Revenue 0.36x 0.28x 0.28x 0.36x 0.41x 0.37x 0.36x 0.35x
EV / Revenue 0.53x 0.44x 0.43x 0.5x 0.56x 0.51x 0.5x 0.48x
EV / EBITDA 7.15x 6.7x 6.42x 7.24x 8.21x 7.54x 7.21x 6.95x
EV / EBIT 11.5x 11x 10.3x 11.2x 12.9x 11.8x 11.2x 10.8x
EV / FCF 11.6x 10.6x 11.9x 25.2x 18.4x 20.2x 19x 17.4x
FCF Yield 8.65% 9.48% 8.4% 3.96% 5.45% 4.95% 5.26% 5.73%
Dividend per Share 2 0.109 0.109 0.121 0.137 0.145 0.157 0.1713 0.1858
Rate of return 3.76% 4.27% 4.34% 3.6% 3.02% 3.5% 3.82% 4.14%
EPS 2 0.1964 0.1008 0.2453 0.2351 0.271 0.3043 0.3347 0.366
Distribution rate 55.5% 108% 49.3% 58.3% 53.5% 51.6% 51.2% 50.8%
Net sales 1 61,344 65,762 68,187 69,916 73,712 74,999 77,069 78,982
EBITDA 1 4,543 4,330 4,544 4,825 5,007 5,103 5,308 5,493
EBIT 1 2,825 2,630 2,821 3,128 3,194 3,252 3,405 3,551
Net income 1 1,481 745 1,736 1,626 1,787 1,948 2,105 2,267
Net Debt 1 10,516 10,493 9,764 9,454 10,563 10,544 10,347 10,247
Reference price 2 2.898 2.550 2.788 3.802 4.806 4.484 4.484 4.484
Nbr of stocks (in thousands) 7,574,218 7,268,607 6,968,930 6,696,942 6,355,483 6,231,580 - -
Announcement Date 4/13/22 A 4/13/23 A 4/10/24 A 4/10/25 A 4/16/26 A - - -
1GBP in Million2GBP
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
39.81x1.28x19.68x0.87% 917B
23.51x1.13x9.84x1.01% 50.55B
20.5x0.6x11.48x2.63% 39.22B
14.66x0.51x7.51x3.52% 37.64B
11.15x0.33x5.98x2.62% 34.52B
45.74x0.89x10.48x2.39% 34.21B
11.86x0.46x5.82x3.96% 32.21B
20.21x0.76x6.28x1.28% 26.45B
50.19x0.61x10.35x1.08% 23.44B
Average 26.40x 0.73x 9.71x 2.15% 132.78B
Weighted average by Cap. 36.05x 1.14x 17.10x 1.2%

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