Added to YB: 2026-06-09
Pitch date: 2026-06-05
DGE.L [bullish]
Diageo plc
-0.07%
current return
Author Info
Daley Valuations is the weekly equity research publication of Neil Daley, PhD, CFA. Twenty years in institutional finance, now applied to public markets in plain English. Sign up for the newsletter.
Company Info
Diageo plc, together with its subsidiaries, engages in the production, marketing, and distribution of alcoholic beverages in North America, Europe, the Asia Pacific, Latin America and Caribbean, and Africa.
Market Cap
N/A
Pitch Price
GBP 15.04
Price Target
16.85 (+14%)
Dividend
4.16%
EV/EBITDA
10.55
P/E
18.41
EV/Sales
3.46
Sector
Beverages
Category
value
Diageo: why I’m still holding at 1,487p
DGE.L (holding update): World's largest premium spirits co at 1,472p vs blended target 1,685p (14% upside, Buy). DCF 1,960p (7.4% WACC), EPV 1,473p=current price gives zero growth credit. NA -9.4% organic Q3 drag, but EM strong (Africa +17%). FCF $3B FY26. Aug strategy update key catalyst. Risks: NA structural impairment, China baijiu, leverage. Hold-to-add below 1,400p.
Read full article (6 min)