Financials Savills plc

Equities

Market Closed - London S.E. Other stock markets 11:35:29 2024-04-26 am EDT			5-day change	1st Jan Change
1,064 ^GBX	+1.14%		+3.70%	+9.80%

Apr. 26	Facilities by ADF profit hit by Hollywood strikes	AN
Apr. 26	The Gym Group plc Appoints Savills to Advise on Expansion Plans	CI

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025	2026
Capitalization ¹	1,546	1,308	1,966	1,141	1,315	1,439	-	-
Enterprise Value (EV) ¹	1,517	1,435	1,625	834	1,412	1,528	1,466	1,385
P/E ratio	19.3 x	19.9 x	14.1 x	10 x	33.6 x	17.8 x	13.5 x	11.8 x
Yield	2.82%	1.78%	1.33%	2.42%	2.35%	3.14%	3.58%	3.89%
Capitalization / Revenue	0.8 x	0.75 x	0.92 x	0.5 x	0.59 x	0.62 x	0.59 x	0.56 x
EV / Revenue	0.79 x	0.82 x	0.76 x	0.36 x	0.63 x	0.66 x	0.6 x	0.54 x
EV / EBITDA	7.31 x	8.27 x	5.65 x	3.31 x	8.4 x	7.59 x	6.3 x	5.5 x
EV / FCF	-	-	-	6.08 x	-344 x	17.8 x	12.9 x	10.8 x
FCF Yield	-	-	-	16.5%	-0.29%	5.63%	7.74%	9.28%
Price to Book	3.09 x	2.27 x	2.71 x	-	1.91 x	1.81 x	1.61 x	1.44 x
Nbr of stocks (in thousands)	136,168	137,073	139,610	138,268	135,695	135,273	-	-
Reference price ²	11.35	9.545	14.08	8.255	9.690	10.64	10.64	10.64
Announcement Date	3/12/20	3/11/21	3/10/22	3/16/23	3/14/24	-	-	-

¹GBP in Million²GBP

Estimates

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025	2026
Net sales ¹	1,930	1,740	2,147	2,298	2,238	2,312	2,448	2,565
EBITDA ¹	207.5	173.4	287.6	251.6	168.1	201.3	232.6	251.8
EBIT ¹	143.4	99.2	213.7	168.9	82.7	126.9	158	175.8
Operating Margin	7.43%	5.7%	9.95%	7.35%	3.7%	5.49%	6.45%	6.85%
Earnings before Tax (EBT) ¹	115.6	83.2	183.1	153.9	55.4	114	145	166
Net income ¹	82.9	67.6	146.2	119.4	40.8	85.37	114.8	127.5
Net margin	4.3%	3.88%	6.81%	5.2%	1.82%	3.69%	4.69%	4.97%
EPS ²	0.5880	0.4790	0.9980	0.8220	0.2880	0.5961	0.7872	0.9042
Free Cash Flow ¹	-	-	-	137.2	-4.1	86.1	113.4	128.5
FCF margin	-	-	-	5.97%	-0.18%	3.72%	4.63%	5.01%
FCF Conversion (EBITDA)	-	-	-	54.53%	-	42.77%	48.75%	51.03%
FCF Conversion (Net income)	-	-	-	114.91%	-	100.85%	98.77%	100.79%
Dividend per Share ²	0.3200	0.1700	0.1875	0.2000	0.2280	0.3344	0.3805	0.4137
Announcement Date	3/12/20	3/11/21	3/10/22	3/16/23	3/14/24	-	-	-

¹GBP in Million²GBP

Estimates

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025	2026
Net Debt ¹	-	127	-	-	96.9	89.2	26.4	-
Net Cash position ¹	28.5	-	341	307	-	-	-	54.2
Leverage (Debt/EBITDA)	-	0.7295 x	-	-	0.5764 x	0.443 x	0.1135 x	-
Free Cash Flow ¹	-	-	-	137	-4.1	86.1	113	129
ROE (net income / shareholders' equity)	16.5%	14.5%	22.4%	17.5%	10.1%	12.1%	13.6%	14.1%
ROA (Net income/ Total Assets)	-	-	-	-	-	-	-	-
Assets ¹	-	-	-	-	-	-	-	-
Book Value Per Share ²	3.670	4.210	5.200	-	5.070	5.860	6.590	7.410
Cash Flow per Share ²	0.6800	1.760	2.380	1.450	0.3500	0.9900	1.250	1.360
Capex ¹	23.5	23.6	29.1	29	22.9	25.5	24.3	24.3
Capex / Sales	1.22%	1.36%	1.36%	1.26%	1.02%	1.1%	0.99%	0.95%
Announcement Date	3/12/20	3/11/21	3/10/22	3/16/23	3/14/24	-	-	-

¹GBP in Million²GBP

Estimates

Trading Rating

Investor Rating

ESG Refinitiv

B-

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

10.64 GBP

Average target price

11.58 GBP

Spread / Average Target

+8.79%

	1st Jan change	Capi.
SAVILLS PLC	+9.80%	1.79B
CBRE GROUP, INC.	-6.19%	26.35B
KE HOLDINGS INC.	-8.51%	18.19B
ZILLOW GROUP, INC.	-23.96%	10.28B
CAPITALAND INVESTMENT LIMITED	-16.46%	9.84B
JONES LANG LASALLE INCORPORATED	-3.37%	8.67B
FIRSTSERVICE CORPORATION	-4.57%	6.73B
COLLIERS INTERNATIONAL GROUP INC.	-11.93%	5.42B
MAKKAH CONSTRUCTION AND DEVELOPMENT COMPANY	+34.32%	4.39B
CUSHMAN & WAKEFIELD PLC	-10.00%	2.23B