Company Valuation: Swire Pacific Limited

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 62,927 90,678 86,293 88,724 81,888 124,548 - -
Change - 44.1% -4.83% 2.82% -7.7% 52.09% - -
Enterprise Value (EV) 1 101,582 147,437 141,429 159,287 147,152 180,495 173,719 165,512
Change - 45.14% -4.07% 12.63% -7.62% 22.66% -3.75% -4.72%
P/E 19.7x 24.4x 3.31x 23x 28.9x 10.5x 10.6x 9.91x
PBR 0.25x 0.39x 0.36x 0.38x 0.33x 0.51x 0.49x 0.48x
PEG - 1x 0x -0.3x -1x 0x -9.22x 1.34x
Capitalization / Revenue 0.68x 0.99x 0.91x 1.08x 0.91x 1.27x 1.21x 1.19x
EV / Revenue 1.1x 1.61x 1.49x 1.94x 1.63x 1.84x 1.69x 1.58x
EV / EBITDA 6.15x 9.58x 3.74x 11.2x 9.71x 10x 9.64x 8.7x
EV / EBIT 8.16x 12.9x 4.62x 15.6x 14x 12.9x 12.8x 11.4x
EV / FCF 12.9x 29.2x 38.2x 26.3x 21x 18.8x 17.7x 16.3x
FCF Yield 7.73% 3.42% 2.62% 3.8% 4.76% 5.33% 5.65% 6.15%
Dividend per Share 2 2.6 3 3.2 3.35 3.8 4.258 4.457 4.813
Rate of return 5.86% 4.37% 4.84% 4.76% 6.06% 4.08% 4.27% 4.61%
EPS 2 2.25 2.81 19.96 3.06 2.17 9.916 9.802 10.53
Distribution rate 116% 107% 16% 109% 175% 42.9% 45.5% 45.7%
Net sales 1 92,403 91,693 94,823 81,969 90,467 98,291 103,032 105,060
EBITDA 1 16,524 15,396 37,846 14,195 15,148 18,016 18,012 19,031
EBIT 1 12,453 11,431 30,621 10,214 10,527 13,988 13,566 14,553
Net income 1 3,364 4,195 28,853 4,321 2,938 12,848 12,635 13,880
Net Debt 1 38,655 56,759 55,136 70,563 65,264 55,947 49,171 40,964
Reference price 2 44.35 68.70 66.10 70.45 62.70 104.30 104.30 104.30
Nbr of stocks (in thousands) 1,501,580 1,453,312 1,437,975 1,376,889 1,348,753 1,348,752 - -
Announcement Date 10/03/22 09/03/23 14/03/24 13/03/25 12/03/26 - - -
1HKD in Million2HKD
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
10.52x1.84x10.02x4.08% 15.89B
26.87x8.3x23.78x2.36% 388B
19.74x2.78x10.81x2.91% 43.83B
18.84x1.66x10.39x2.4% 23.11B
16.53x1.45x7.14x4.92% 19.56B
41.5x5.51x23.98x0.44% 14.94B
30.25x2.79x12.55x-.--% 8.91B
15.84x0.66x5x2.63% 8.84B
27.12x1.89x8.71x2.09% 8.33B
Average 23.02x 2.99x 12.49x 2.43% 59B
Weighted average by Cap. 25.35x 6.71x 20.37x 2.46%

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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  4. Valuation Swire Pacific Limited