Company Valuation: GuocoLand Limited

Data adjusted to current consolidation scope
Fiscal Period: June 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 1,776 1,753 1,676 1,631 1,667 2,382 - -
Change - -1.25% -4.43% -2.64% 2.18% 42.88% - -
Enterprise Value (EV) 1 1,776 6,315 1,676 1,631 1,667 6,671 6,375 6,005
Change - 255.66% -73.47% -2.64% 2.18% 300.14% -4.44% -5.8%
P/E 11.8x 4.69x 8.9x 14.8x 17.8x 16.4x 13.2x 11.2x
PBR - 0.41x - - - 0.52x 0.5x 0.49x
PEG - 0x -0.2x -0.4x -1.2x 0.3x 0.6x 0.6x
Capitalization / Revenue - 1.82x - 0.9x - 1.58x 1.74x 1.7x
EV / Revenue - 6.54x - 0.9x - 4.41x 4.67x 4.29x
EV / EBITDA - 9.95x - 4.93x - 18x 19.4x 20x
EV / EBIT - 10.1x - 5.1x - 19.4x 20.7x 18.5x
EV / FCF - - - - - - - -
FCF Yield - - - - - - - -
Dividend per Share 2 - 0.06 - - - 0.07 0.07 0.07
Rate of return - 3.8% - - - 3.27% 3.27% 3.27%
EPS 2 0.1352 0.3368 0.1697 0.0992 0.0842 0.1306 0.1617 0.1916
Distribution rate - 17.8% - - - 53.6% 43.3% 36.5%
Net sales 1 - 965.5 - 1,819 - 1,511 1,365 1,400
EBITDA 1 - 634.8 - 331 - 369.6 328.9 301
EBIT 1 - 627.1 - 320 - 344.2 307.5 325.2
Net income 1 169.1 392.7 207.1 129 107 162.6 136.1 114.1
Net Debt 1 - 4,562 - - - 4,289 3,993 3,623
Reference price 2 1.600 1.580 1.510 1.470 1.500 2.140 2.140 2.140
Nbr of stocks (in thousands) 1,109,768 1,109,770 1,109,768 1,109,850 1,111,387 1,113,084 - -
Announcement Date 8/26/21 8/29/22 8/29/23 8/29/24 8/28/25 - - -
1SGD in Million2SGD
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
16.39x4.41x18.05x - 1.84B
14.61x4.64x12.62x3.45% 41.83B
22.44x4.38x18.41x1.13% 30.66B
6.02x0.72x1.46x8.38% 28.73B
7.85x1.4x7.03x4.54% 28.24B
15.25x3.16x15.58x2.3% 25.54B
15.45x0.98x6.51x2.41% 21.45B
16.17x6.85x19.41x1.17% 21.41B
9.06x2.2x7.56x4.1% 19.77B
Average 13.69x 3.19x 11.85x 3.44% 24.39B
Weighted average by Cap. 13.53x 3.14x 11.25x 3.51%

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

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