Company Valuation: Holmes Place International Ltd

Data adjusted to current consolidation scope
Fiscal Period: December 2019 2020 2021 2022 2023 2024
Market Cap 1 343.1 332.4 351.2 386 408.2 499.2
Change - -3.11% 5.64% 9.91% 5.77% 22.28%
Enterprise Value (EV) 1 1,136 1,124 1,151 1,324 1,412 1,593
Change - -1.09% 2.36% 15.02% 6.71% 12.8%
P/E 24.2x -3.77x -16.1x 11.6x 10.2x 10.7x
PBR 2.39x 3.25x 4.3x 3.12x 3.39x 4.01x
PEG - 0x 0.2x -0x 0.5x 0.7x
Capitalization / Revenue 0.81x 1.69x 1.13x 0.84x 0.8x 0.9x
EV / Revenue 2.69x 5.73x 3.7x 2.87x 2.78x 2.88x
EV / EBITDA 8.16x 39.7x 65.1x 14.5x 12.7x 13x
EV / EBIT 24.4x -16.1x -117x 20x 16.5x 17.4x
EV / FCF 14.9x 17.5x 36.9x 12.8x 16x 14.3x
FCF Yield 6.73% 5.72% 2.71% 7.81% 6.26% 6.97%
Dividend per Share 2 - - - 0.4392 0.3277 -
Rate of return - - - 10.3% 7.29% -
EPS 2 0.1892 -1.03 -0.2548 0.3665 0.439 0.5077
Distribution rate - - - 120% 74.7% -
Net sales 1 421.8 196.3 311.1 461.2 508.5 552.2
EBITDA 1 139.2 28.34 17.68 91.5 111.3 122.2
EBIT 1 46.58 -69.82 -9.813 66.27 85.55 91.62
Net income 1 14.15 -77.5 -21.8 31.71 40.06 46.5
Net Debt 1 793.4 791.7 799.5 937.6 1,004 1,094
Reference price 2 4.587 3.888 4.105 4.250 4.496 5.439
Nbr of stocks (in thousands) 74,797 85,497 85,547 90,814 90,802 91,780
Announcement Date 3/25/20 3/31/21 3/31/22 3/22/23 3/28/24 3/26/25
1ILS in Million2ILS
Estimates

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
- - - - 204M
26.99x3.13x11.17x-.--% 9.08B
18.49x4.43x10.75x-.--% 4.23B
31.99x2.89x21.82x0.7% 2.91B
29.72x3.08x6.77x-.--% 2.44B
13.91x2.69x5.5x3.3% 2.4B
15.02x3.75x8.17x4.17% 1.1B
14.48x2.38x6.09x4.66% 817M
16.96x1.86x7.99x3.26% 525M
Average 20.94x 3.03x 9.78x 2.01% 2.63B
Weighted average by Cap. 23.81x 3.26x 10.99x 0.85%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

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  4. Valuation Holmes Place International Ltd