Company Valuation: Hayleys PLC

Data adjusted to current consolidation scope
Fiscal Period: March 2021 2022 2023 2024 2025 2026
Market Cap 1 45,600 57,675 54,000 61,575 102,750 161,250
Change - 26.48% -6.37% 14.03% 66.87% 56.93%
Enterprise Value (EV) 1 138,813 180,871 168,883 181,750 254,007 395,373
Change - 30.3% -6.63% 7.62% 39.76% 55.65%
P/E 5.97x 3.16x 3.3x 8.94x 7.64x 11.5x
PBR 0.96x 0.86x 0.68x 0.77x 1.1x 1.42x
PEG - 0x -0.3x -0.2x 0.1x 2.66x
Capitalization / Revenue 0.19x 0.17x 0.11x 0.14x 0.21x 0.28x
EV / Revenue 0.58x 0.54x 0.35x 0.42x 0.52x 0.68x
EV / EBITDA 4.49x 4.56x 2.5x 3.66x 4.59x 6.71x
EV / EBIT 5.43x 5.43x 2.83x 4.43x 5.56x 8.37x
EV / FCF 6.97x -6.13x 23.7x 33.3x -17.8x -4.84x
FCF Yield 14.3% -16.3% 4.22% 3.01% -5.61% -20.7%
Dividend per Share 2 1.3 4 5.35 5.35 6 6
Rate of return 2.14% 5.2% 7.43% 6.52% 4.38% 2.79%
EPS 2 10.18 24.34 21.8 9.185 17.93 18.7
Distribution rate 12.8% 16.4% 24.5% 58.2% 33.5% 32.1%
Net sales 1 241,276 338,010 487,431 436,833 492,201 585,021
EBITDA 1 30,908 39,708 67,682 49,626 55,291 58,934
EBIT 1 25,565 33,289 59,601 41,070 45,684 47,259
Net income 1 7,637 18,257 16,352 6,889 13,449 14,052
Net Debt 1 93,213 123,196 114,883 120,175 151,257 234,123
Reference price 2 60.80 76.90 72.00 82.10 137.00 215.00
Nbr of stocks (in thousands) 750,000 750,000 750,000 750,000 750,000 750,000
Announcement Date 6/6/21 6/7/22 6/7/23 6/4/24 6/5/25 6/9/26
1LKR in Million2LKR
Estimates


P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
- - - - 556M
20.53x - - -.--% 1,081B
26.1x2.12x13.05x1.07% 156B
23.6x3.89x13.35x1.82% 89.91B
31.31x2.38x17.97x0.75% 84.56B
24.47x5.24x17.88x2.31% 79.77B
21.69x1.73x12.36x1.15% 72.27B
31.34x3.91x18x2.64% 68.91B
47.52x2.91x14.98x2.63% 27.32B
Average 28.32x 3.17x 15.37x 1.55% 184.46B
Weighted average by Cap. 22.90x 3.07x 15.07x 0.55%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA