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 76,724 - -
Change - -27.44% 1.25% -7.05% 33.23% 4.81% - -
Enterprise Value (EV) 1 100,296 75,578 74,152 68,039 87,654 90,977 87,914 85,569
Change - -24.65% -1.89% -8.24% 28.83% 3.79% -3.37% -2.67%
P/E 18.6x 3.93x 11.9x 21.3x 12.9x 12.4x 11.4x 11.2x
PBR 5.34x 5.47x 4.4x 4.02x - 4.46x 3.71x 3.2x
PEG - 0x -0.2x -0.4x 0x 1.2x 1.43x 4.33x
Capitalization / Revenue 2.36x 1.99x 1.95x 1.75x 2.24x 2.27x 2.16x 2.1x
EV / Revenue 2.94x 2.58x 2.45x 2.17x 2.68x 2.69x 2.48x 2.34x
EV / EBITDA 8.85x 7.23x 6.37x 6.36x 7.77x 7.92x 7.16x 6.83x
EV / EBIT 11.4x 9.27x 8.44x 7.44x 8.96x 8.94x 8.02x 7.48x
EV / FCF 22.6x 12.1x 13.6x 13x 13.7x 16.3x 14.6x 13.6x
FCF Yield 4.42% 8.28% 7.36% 7.67% 7.32% 6.15% 6.87% 7.37%
Dividend per Share 2 1 0.6125 0.58 0.61 0.66 0.7006 0.7328 0.763
Rate of return 4.98% 4.26% 4% 4.53% 3.62% 3.64% 3.81% 3.96%
EPS 2 1.082 3.662 1.216 0.632 1.411 1.558 1.682 1.725
Distribution rate 92.4% 16.7% 47.7% 96.5% 46.8% 45% 43.6% 44.2%
Net sales 1 34,114 29,324 30,328 31,376 32,667 33,794 35,477 36,579
EBITDA 1 11,330 10,449 11,635 10,693 11,278 11,481 12,281 12,525
EBIT 1 8,806 8,151 8,786 9,148 9,783 10,181 10,967 11,432
Net income 1 4,385 14,956 4,928 2,575 5,716 6,266 6,669 6,902
Net Debt 1 19,838 17,197 15,040 13,095 14,453 14,252 11,189 8,844
Reference price 2 20.08 14.38 14.50 13.46 18.24 19.26 19.26 19.26
Nbr of stocks (in thousands) 4,006,383 4,060,999 4,076,145 4,080,519 4,012,126 3,984,652 - -
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.($)
12.36x2.69x7.92x3.64% 101B
32.01x11.69x23.99x0.62% 980B
24.41x5.63x15.32x2.34% 550B
26.86x6.49x13.28x3.17% 382B
17.04x4.24x10.43x3.13% 316B
21.94x4.59x13.02x1.91% 272B
20.28x5.27x12.78x3.05% 268B
13x4.83x9.94x3.87% 199B
21.95x5.91x10.33x2.99% 182B
-44.34x5.36x29.54x2.62% 154B
Average 14.55x 5.67x 14.65x 2.73% 340.38B
Weighted average by Cap. 21.40x 7.10x 16.59x 2.21%

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

-40%: Exceptional extension
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