Company Valuation: Donaldson Company, Inc.

Data adjusted to current consolidation scope
Fiscal Period: July 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 8,312 6,685 7,618 9,009 8,386 10,923 - -
Change - -19.58% 13.95% 18.26% -6.91% 30.26% - -
Enterprise Value (EV) 1 8,599 7,140 7,618 9,313 8,874 12,016 11,710 11,612
Change - -16.97% 6.69% 22.25% -4.71% 35.41% -2.54% -0.84%
P/E 29.5x 20.5x 21.7x 22.1x 23.6x 24.2x 21.5x 19.4x
PBR 7.28x 5.88x - 6.06x 5.76x 5.91x 4.99x 4.63x
PEG - 1.1x 2.41x 1.3x -2.42x 0.9x 1.7x 1.7x
Capitalization / Revenue 2.91x 2.02x 2.22x 2.51x 2.27x 2.82x 2.62x 2.51x
EV / Revenue 3.01x 2.16x 2.22x 2.6x 2.4x 3.1x 2.81x 2.66x
EV / EBITDA 17.1x 13x 12.7x 14.1x 12.7x 16.6x 14.4x 13.7x
EV / EBIT 21.5x 16x 15.2x 16.9x 15.3x 19.3x 16.6x 15.3x
EV / FCF 25x 42.6x 17.9x 22.8x 25.9x 30x 27.5x 25.5x
FCF Yield 4% 2.35% 5.6% 4.38% 3.85% 3.33% 3.64% 3.92%
Dividend per Share 2 0.85 0.89 0.94 1.02 1.11 1.202 1.296 1.36
Rate of return 1.28% 1.64% 1.5% 1.36% 1.54% 1.28% 1.38% 1.44%
EPS 2 2.24 2.66 2.9 3.38 3.05 3.897 4.382 4.87
Distribution rate 37.9% 33.5% 32.4% 30.2% 36.4% 30.8% 29.6% 27.9%
Net sales 1 2,854 3,307 3,431 3,586 3,691 3,875 4,163 4,358
EBITDA 1 504 550.7 602 661.5 701 725.1 813.5 850.7
EBIT 1 399.5 446.9 502 550.5 580.5 622.9 707.4 757.5
Net income 1 286.9 332.8 358.8 414 367 458.4 513.9 563.3
Net Debt 1 286.7 454.7 - 304 487.9 1,093 787 688.5
Reference price 2 66.19 54.41 62.83 74.82 71.97 94.24 94.24 94.24
Nbr of stocks (in thousands) 125,585 122,866 121,242 120,405 116,520 115,911 - -
Announcement Date 2/9/21 31/8/22 29/8/23 28/8/24 27/8/25 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
21.61x3.3x14.97x1.54% 4.24B
49.77x3.3x20.75x - 3.85B
26.71x - - - 1.24B
37.42x2.59x21.94x0.42% 910M
Average 33.88x 3.06x 19.22x 0.98% 2.56B
Weighted average by Cap. 34.22x 3.23x 18.15x 1.34%

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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