Company Valuation: GSK plc

Data adjusted to current consolidation scope
Fiscal Period: December 2020 2021 2022 2023 2024 2025 2026 2027
Capitalization 1 66,801 80,458 58,381 59,112 54,944 72,880 72,880 -
Change - 20.44% -27.44% 1.25% -7.05% 32.64% 0% -
Enterprise Value (EV) 1 87,581 100,296 75,578 74,152 68,039 87,012 84,590 81,517
Change - 14.52% -24.65% -1.89% -8.24% 27.89% -2.78% -3.63%
P/E ratio 11.8x 18.6x 3.93x 11.9x 21.3x 13.4x 11.6x 10.7x
PBR 4.58x 5.34x 5.47x 4.4x 4.02x 5.07x 4.24x 3.45x
PEG - -0.8x 0x -0.2x -0.4x 0x 0.7x 1.27x
Capitalization / Revenue 1.96x 2.36x 1.99x 1.95x 1.75x 2.24x 2.14x 2.04x
EV / Revenue 2.57x 2.94x 2.58x 2.45x 2.17x 2.68x 2.49x 2.29x
EV / EBITDA 9.19x 8.85x 7.23x 6.37x 6.36x 7.73x 7.14x 6.46x
EV / EBIT 9.83x 11.4x 9.27x 8.44x 7.44x 9.05x 8.24x 7.31x
EV / FCF 16.2x 22.6x 12.1x 13.6x 13x 19.1x 13.9x 12.3x
FCF Yield 6.17% 4.42% 8.28% 7.36% 7.67% 5.23% 7.22% 8.15%
Dividend per Share 2 1 1 0.6125 0.58 0.61 0.6476 0.6966 0.7402
Rate of return 5.96% 4.98% 4.26% 4% 4.53% 3.57% 3.84% 4.07%
EPS 2 1.426 1.082 3.662 1.216 0.632 1.352 1.572 1.704
Distribution rate 70.1% 92.4% 16.7% 47.7% 96.5% 47.9% 44.3% 43.4%
Net sales 1 34,099 34,114 29,324 30,328 31,376 32,498 34,040 35,653
EBITDA 1 9,530 11,330 10,449 11,635 10,693 11,252 11,845 12,628
EBIT 1 8,906 8,806 8,151 8,786 9,148 9,615 10,272 11,149
Net income 1 5,749 4,385 14,956 4,928 2,575 5,311 6,321 6,904
Net Debt 1 20,780 19,838 17,197 15,040 13,095 14,132 11,710 8,637
Reference price 2 16.78 20.08 14.38 14.50 13.46 18.16 18.16 18.16
Nbr of stocks (in thousands) 3,982,185 4,006,383 4,060,999 4,076,145 4,080,519 4,012,126 4,012,126 -
Announcement Date 2/3/21 2/9/22 2/1/23 1/31/24 2/5/25 - - -
1GBP in Million2GBP
Estimates

P/E ratio, Detailed evolution

P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
13.44x2.68x7.73x3.57% 97.55B
45.31x15.02x33.36x0.57% 930B
21.34x5.89x16.37x2.36% 527B
63.59x7.14x17.12x3.05% 379B
20.49x5.08x12.65x2.84% 371B
28.83x5.35x15.87x1.73% 292B
20x5.35x12.53x2.85% 276B
13.93x4.57x9.84x2.97% 270B
16.84x5.95x12.3x2.99% 268B
25.84x6.13x10.48x2.89% 178B
Average 26.96x 6.32x 14.82x 2.58% 358.85B
Weighted average by Cap. 31.54x 8.05x 18.81x 2.16%
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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