Company Valuation: HSBC Holdings plc

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 122,196 122,627 153,691 173,644 270,882 354,845 - -
Change - 0.35% 25.33% 12.98% 56% 31% - -
Enterprise Value (EV) 122,196 122,627 153,691 173,644 270,882 354,845 354,845 354,845
Change - 0.35% 25.33% 12.98% 56% 31% 0% 0%
P/E 9.8x 8.4x 7.1x 7.93x 13.2x 12.8x 10.9x 10.5x
PBR 0.69x 0.73x 0.85x 0.98x 1.39x 1.93x 1.8x 1.69x
PEG - 0.4x 0.1x 0.9x -4.09x 0.4x 0.6x 2.85x
Capitalization / Revenue 2.47x 2.37x 2.33x 2.64x 3.81x 4.69x 4.45x 4.26x
EV / Revenue 0x 0x 0x 0x 0x 4.69x 4.45x 4.26x
EV / EBITDA - - - - - - - -
EV / EBIT 0x 0x 0x 0x 0x 9.03x 8.39x 8.03x
EV / FCF - - - - - - - -
FCF Yield - - - - - - - -
Dividend per Share 2 0.25 0.32 0.61 0.87 0.75 0.8536 0.9518 1.031
Rate of return 4.12% 5.15% 7.54% 8.85% 4.75% 4.09% 4.56% 4.94%
EPS 2 0.62 0.74 1.14 1.24 1.2 1.636 1.915 1.985
Distribution rate 40.3% 43.2% 53.5% 70.2% 62.5% 52.2% 49.7% 51.9%
Net sales 1 49,552 51,727 66,058 65,854 71,020 75,702 79,702 83,231
EBITDA - - - - - - - -
EBIT 1 14,932 18,397 33,988 32,811 34,592 39,306 42,293 44,192
Net income 1 12,607 14,822 22,432 22,917 21,102 27,959 32,099 33,008
Net Debt - - - - - - - -
Reference price 2 6.07 6.21 8.09 9.83 15.80 20.86 20.86 20.86
Nbr of stocks (in thousands) 20,114,611 19,735,210 18,986,604 17,662,246 17,146,495 17,145,289 - -
Announcement Date 2/22/22 2/21/23 2/21/24 2/19/25 2/25/26 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution

P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
14.1x - - 1.77% 947B
13.32x - - 1.91% 436B
6.21x - - 4.99% 399B
12.75x - - 4.09% 358B
5.97x - - 5.11% 315B
17.76x - - 2.43% 284B
6.25x - - 5.03% 276B
11.6x - - 2.25% 256B
14.02x - - 2.83% 246B
Average 11.33x 3.38% 390.83B
Weighted average by Cap. 11.73x 3.11%

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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  5. Valuation HSBC Holdings plc