Company Valuation: GSK plc

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 80,458 58,381 59,112 54,944 73,201 75,652 - -
Change - -27.44% 1.25% -7.05% 33.23% 3.35% - -
Enterprise Value (EV) 1 100,296 75,578 74,152 68,039 87,654 94,853 92,025 88,978
Change - -24.65% -1.89% -8.24% 28.83% 8.21% -2.98% -3.31%
P/E 18.6x 3.93x 11.9x 21.3x 12.9x 14.3x 11.7x 10.9x
PBR 5.34x 5.47x 4.4x 4.02x - 4.59x 3.98x 3.48x
PEG - 0x -0.2x -0.4x 0x -2.29x 0.5x 1.57x
Capitalization / Revenue 2.36x 1.99x 1.95x 1.75x 2.24x 2.23x 2.13x 2.06x
EV / Revenue 2.94x 2.58x 2.45x 2.17x 2.68x 2.79x 2.59x 2.43x
EV / EBITDA 8.85x 7.23x 6.37x 6.36x 7.77x 8.27x 7.49x 6.99x
EV / EBIT 11.4x 9.27x 8.44x 7.44x 8.96x 9.21x 8.31x 7.7x
EV / FCF 22.6x 12.1x 13.6x 13x 13.7x 17.1x 15.9x 13.1x
FCF Yield 4.42% 8.28% 7.36% 7.67% 7.32% 5.85% 6.29% 7.64%
Dividend per Share 2 1 0.6125 0.58 0.61 0.66 0.6958 0.7495 0.7831
Rate of return 4.98% 4.26% 4% 4.53% 3.62% 3.69% 3.97% 4.15%
EPS 2 1.082 3.662 1.216 0.632 1.411 1.323 1.616 1.728
Distribution rate 92.4% 16.7% 47.7% 96.5% 46.8% 52.6% 46.4% 45.3%
Net sales 1 34,114 29,324 30,328 31,376 32,667 33,942 35,540 36,692
EBITDA 1 11,330 10,449 11,635 10,693 11,278 11,467 12,286 12,727
EBIT 1 8,806 8,151 8,786 9,148 9,783 10,301 11,074 11,551
Net income 1 4,385 14,956 4,928 2,575 5,716 5,436 6,484 6,933
Net Debt 1 19,838 17,197 15,040 13,095 14,453 19,200 16,373 13,325
Reference price 2 20.08 14.38 14.50 13.46 18.24 18.88 18.88 18.88
Nbr of stocks (in thousands) 4,006,383 4,060,999 4,076,145 4,080,519 4,012,126 4,007,011 - -
Announcement Date 2/9/22 2/1/23 1/31/24 2/5/25 2/4/26 - - -
1GBP in Million2GBP
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
35.07x12.64x25.79x0.56% 1,093B
30.16x - - 1.98% 653B
33.05x7.66x15.93x2.65% 458B
20.11x4.77x11.83x2.77% 355B
21.93x5.66x14.07x2.83% 294B
20.48x4.23x12x2.08% 248B
26.9x6.98x12.39x2.37% 230B
13.48x4.8x10.06x3.81% 203B
-43.83x6.34x24.76x2.3% 178B
Average 17.48x 6.63x 15.85x 2.37% 412.27B
Weighted average by Cap. 25.04x 8.32x 18.34x 1.93%

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