Company Valuation: Venture Corporation Limited

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 5,321 4,965 3,953 3,801 4,356 4,557 - -
Change - -6.68% -20.39% -3.83% 14.58% 4.63% - -
Enterprise Value (EV) 1 4,513 4,152 2,896 2,485 3,072 3,425 3,410 3,408
Change - -7.98% -30.25% -14.21% 23.64% 11.48% -0.42% -0.05%
P/E 17.1x 13.5x 14.7x 15.6x 19.2x 18.3x 17x 16x
PBR 1.96x 1.75x 1.4x 1.32x 1.56x 1.62x 1.6x 1.57x
PEG - 0.7x -0.5x -1.76x -2.84x 1.84x 2.17x 2.54x
Capitalization / Revenue 1.71x 1.29x 1.31x 1.39x 1.72x 1.66x 1.56x 1.46x
EV / Revenue 1.45x 1.07x 0.96x 0.91x 1.21x 1.25x 1.17x 1.1x
EV / EBITDA 11.6x 8.78x 8.66x 8.35x 11x 10.8x 10x 9.46x
EV / EBIT 12.8x 9.44x 9.56x 9.38x 12.5x 12.3x 11.3x 10.6x
EV / FCF 49.6x 17.6x 6.11x 5.33x 13.6x 31.7x 14x 18.5x
FCF Yield 2.02% 5.69% 16.4% 18.8% 7.37% 3.15% 7.13% 5.41%
Dividend per Share 2 0.75 0.75 0.75 0.75 0.8 0.805 0.815 0.8056
Rate of return 4.1% 4.4% 5.51% 5.7% 5.28% 5.08% 5.14% 5.08%
EPS 2 1.07 1.268 0.926 0.844 0.787 0.8654 0.9332 0.9918
Distribution rate 70.1% 59.1% 81% 88.9% 102% 93% 87.3% 81.2%
Net sales 1 3,107 3,864 3,025 2,736 2,535 2,745 2,926 3,111
EBITDA 1 389.9 472.7 334.6 297.7 280 316 339.8 360.4
EBIT 1 353 439.9 303.1 264.9 246.1 277.9 300.7 320.3
Net income 1 312.1 369.6 270 245 227 250.2 270.8 289.3
Net Debt 1 -807.9 -812.6 -1,056 -1,317 -1,284 -1,133 -1,147 -1,149
Reference price 2 18.31 17.06 13.61 13.15 15.14 15.86 15.86 15.86
Nbr of stocks (in thousands) 290,583 291,035 290,431 289,087 287,696 287,357 - -
Announcement Date 25/02/22 24/02/23 22/02/24 21/02/25 26/02/26 - - -
1SGD in Million2SGD
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
18.33x1.25x10.84x5.08% 3.56B
30.98x5.8x17.65x0.64% 196B
34.56x12.31x22.45x0.79% 124B
49.11x6.18x21.15x0.86% 114B
13.1x0.3x6.58x3.84% 105B
34.02x5.55x18.18x1.02% 79.55B
56.2x6.08x27.82x0.24% 65.65B
19.98x7.12x14.45x0.63% 63.95B
19.55x3.29x12.61x1.37% 61.56B
16.09x0.96x10.77x0.79% 53.9B
Average 29.19x 4.88x 16.25x 1.53% 86.71B
Weighted average by Cap. 31.28x 5.71x 17.22x 1.16%

Y-o-Y evolution of P/E

Valuation ratios - P/E - Venture Corporation Limited

Historical PBR trend

Valuation ratios - PBR - Venture Corporation Limited

Evolution Enterprise Value / Sales

Valuation ratios - VE_REV - Venture Corporation Limited

Change in Enterprise Value/EBITDA

Valuation ratios - VE_EBITDA - Venture Corporation Limited


Year-on-year evolution of the Yield

Valuation ratios - Yield - Venture Corporation Limited
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