Company Valuation: Megaworld Corporation

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 100,350 62,972 61,431 66,744 67,589 70,049 - -
Change - -37.25% -2.45% 8.65% 1.27% 3.64% - -
Enterprise Value (EV) 1 150,439 62,972 139,211 155,366 150,240 148,588 153,512 168,957
Change - -58.14% 121.07% 11.6% -3.3% -1.1% 3.31% 10.06%
P/E 7.48x 4.65x 3.52x 3.47x 3.22x 3.27x 3.11x 3.1x
PBR 0.52x - 0.27x 0.27x 0.25x 0.24x 0.23x 0.22x
PEG - 2.18x 0.1x 0.65x 0.35x 1.39x 0.59x 18.9x
Capitalization / Revenue 1.98x 1.06x 0.88x 0.88x 0.85x 0.86x 0.85x 0.84x
EV / Revenue 2.96x 1.06x 2x 2.05x 1.9x 1.83x 1.85x 2.02x
EV / EBITDA 6.43x 2.23x 5.13x 4.97x 4.46x 4.22x 4.18x 4.55x
EV / EBIT 7.55x 2.53x 5.96x 5.63x 5.01x 4.82x 4.78x 5.2x
EV / FCF 29.5x - -18.8x -45.5x 17.4x -49.3x -100x -230x
FCF Yield 3.39% - -5.31% -2.2% 5.75% -2.03% -1% -0.44%
Dividend per Share 2 0.0615 - 0.07 0.08 0.09 0.1016 0.102 0.1184
Rate of return 1.95% - 3.55% 3.9% 4.33% 4.7% 4.72% 5.48%
EPS 2 0.421 0.43 0.56 0.59 0.645 0.6602 0.695 0.6962
Distribution rate 14.6% - 12.5% 13.6% 14% 15.4% 14.7% 17%
Net sales 1 50,754 59,527 69,728 75,774 79,115 81,067 82,814 83,578
EBITDA 1 23,396 28,205 27,113 31,247 33,720 35,235 36,742 37,140
EBIT 1 19,928 24,925 23,363 27,592 30,012 30,810 32,107 32,520
Net income 1 13,434 13,455 17,345 18,749 21,003 21,420 22,559 22,577
Net Debt 1 50,089 - 77,780 88,622 82,652 78,539 83,463 98,909
Reference price 2 3.150 2.000 1.970 2.050 2.080 2.160 2.160 2.160
Nbr of stocks (in thousands) 31,857,071 31,486,072 31,183,252 32,558,252 32,494,616 32,429,883 - -
Announcement Date 09/03/22 01/03/23 28/02/24 26/02/25 26/02/26 - - -
1PHP in Million2PHP
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
3.24x1.82x4.2x4.75% 1.12B
16.01x5.03x13.53x3.17% 45.57B
8.68x1.49x7.69x4.08% 30.48B
21.3x4.32x17.71x1.18% 31.4B
5.61x0.61x1.25x8.98% 26.81B
14.56x3.13x15.02x2.41% 26B
8.91x2.42x7.8x4.06% 21.34B
15.46x6.9x18.51x1.38% 21.79B
Average 11.72x 3.22x 10.71x 3.75% 25.56B
Weighted average by Cap. 13.31x 3.48x 11.76x 3.57%

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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  3. MEG Stock
  4. Valuation Megaworld Corporation