Company Valuation: Swire Properties Limited

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 114,309 116,064 92,430 91,791 120,792 138,410 - -
Change - 1.54% -20.36% -0.69% 31.59% 14.59% - -
Enterprise Value (EV) 1 124,643 135,011 129,109 135,537 160,332 177,626 178,198 177,498
Change - 8.32% -4.37% 4.98% 18.29% 10.79% 0.32% -0.39%
P/E 16x 14.6x 35.1x -122x -77.7x 16.5x 16.3x 14.9x
PBR 0.39x 0.4x 0.32x 0.34x - 0.51x 0.51x 0.51x
PEG - 1.3x -0.5x 1x -1x -0x 11.89x 1.63x
Capitalization / Revenue 7.19x 8.39x 6.3x 6.36x 7.53x 7.52x 7.48x 6.97x
EV / Revenue 7.84x 9.77x 8.8x 9.39x 10x 9.66x 9.63x 8.93x
EV / EBITDA 12.3x 14.7x 15.5x 15.9x 17.6x 18.3x 18.5x 17x
EV / EBIT 12.7x 16.4x 16.3x 16.7x 18.6x 19.5x 19.9x 17.2x
EV / FCF 124x -54.6x 52.5x -198x 30.1x 37x 30.4x 20.6x
FCF Yield 0.81% -1.83% 1.9% -0.5% 3.32% 2.7% 3.29% 4.85%
Dividend per Share 2 0.95 1 1.05 1.1 1.15 1.204 1.263 1.317
Rate of return 4.86% 5.04% 6.65% 6.95% 5.48% 5.01% 5.25% 5.48%
EPS 2 1.22 1.36 0.45 -0.13 -0.27 1.456 1.475 1.61
Distribution rate 77.9% 73.5% 233% -846% -426% 82.7% 85.6% 81.8%
Net sales 1 15,891 13,826 14,670 14,428 16,041 18,396 18,512 19,867
EBITDA 1 10,141 9,156 8,349 8,533 9,106 9,710 9,617 10,424
EBIT 1 9,786 8,223 7,912 8,097 8,598 9,108 8,959 10,330
Net income 1 7,121 7,980 2,637 -766 -1,533 8,199 8,035 9,432
Net Debt 1 10,334 18,947 36,679 43,746 39,540 39,216 39,788 39,088
Reference price 2 19.54 19.84 15.80 15.82 20.98 24.04 24.04 24.04
Nbr of stocks (in thousands) 5,850,000 5,850,000 5,850,000 5,802,221 5,757,485 5,757,485 - -
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.($)
16.52x9.66x18.29x5.01% 17.65B
15.92x5x13.47x3.18% 45.3B
18.46x3.97x16.19x1.35% 28.26B
5.94x0.72x1.48x8.47% 28.4B
13.63x3.04x14.56x2.58% 25.18B
8.6x0.95x3.47x2.6% 21.99B
9.07x2.34x7.2x3.85% 21.37B
13.98x6.61x17.67x1.52% 20.42B
10.15x1.64x14.22x3.72% 18.49B
18.2x6.79x21.4x4.51% 17.3B
Average 13.05x 4.07x 12.79x 3.68% 24.43B
Weighted average by Cap. 13.17x 3.93x 12.37x 3.66%

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

  1. Stock Market
  2. Stocks
  3. 1972 Stock
  4. Valuation Swire Properties Limited