Company Valuation: IPM Holdings, Inc.

Data adjusted to current consolidation scope
Fiscal Period: December 2020 2021 2022 2023 2024 2025
Market Cap 1 5,486 4,864 4,623 2,415 2,070 1,083
Change - -11.32% -4.96% -47.76% -14.29% -47.67%
Enterprise Value (EV) 1 5,539 4,945 4,682 2,352 2,071 1,066
Change - -10.71% -5.32% -49.77% -11.94% -48.52%
P/E 170x 118x 168x 40.4x -48.3x -18.3x
PBR 6.62x 5.57x 5.12x 2.51x 2.25x 1.26x
PEG - 4.2x -5x 0x 0x -0.5x
Capitalization / Revenue 18.5x 14.7x 12.8x 8.46x 9.88x 4.08x
EV / Revenue 18.7x 15x 12.9x 8.24x 9.89x 4.01x
EV / EBITDA 54.2x 50.4x 50.4x 17.6x -136x 27.1x
EV / EBIT 91.7x 70.7x 88.2x 24.3x -50.7x -148x
EV / FCF 56.4x 109x 130x 127x 9.91x 8.44x
FCF Yield 1.77% 0.92% 0.77% 0.79% 10.1% 11.9%
Dividend per Share 2 - - - - - -
Rate of return - - - - - -
EPS 2 0.0468 0.06 0.04 0.0867 -0.0621 -0.086
Distribution rate - - - - - -
Net sales 1 296.2 330.4 361.8 285.6 209.5 265.7
EBITDA 1 102.3 98.05 92.86 133.9 -15.25 39.39
EBIT 1 60.41 69.92 53.08 96.88 -40.89 -7.221
Net income 1 32.32 44.11 30.28 59.81 -42.83 -59.33
Net Debt 1 53.21 80.91 59.47 -62.99 1.167 -17.12
Reference price 2 7.950 7.050 6.700 3.500 3.000 1.570
Nbr of stocks (in thousands) 690,000 690,000 690,000 690,000 690,000 690,000
Announcement Date 5/17/21 5/17/22 5/25/23 4/16/24 5/15/25 4/17/26
1PHP in Million2PHP
Estimates


P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
- - - - 23.18M
27.75x1.74x4.95x-.--% 435M
18.25x - - 2.34% 291M
17.38x3.59x5.33x - 145M
Average 21.13x 2.67x 5.14x 1.17% 223.59M
Weighted average by Cap. 22.85x 2.20x 5.04x 0.94%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA


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