Company Valuation: KAP Limited

Data adjusted to current consolidation scope
Fiscal Period: June 2022 2023 2024 2025 2026 2027 2028 2029
Market Cap 1 10,877 6,688 7,108 5,127 6,772 7,222 - -
Change - -38.51% 6.28% -27.87% 32.08% 6.65% - -
Enterprise Value (EV) 1 18,336 14,715 15,485 13,182 13,654 13,551 12,602 12,559
Change - -19.75% 5.23% -14.87% 3.58% -0.75% -7% -0.34%
P/E 6.27x 16.2x 6.6x 513x -56.3x 6.15x 5.5x 4.88x
PBR 0.94x 0.59x 0.57x 0.41x 0.56x 0.52x 0.48x 0.43x
PEG - -0.2x 0x -5.2x 0x -0x 0.5x 0.4x
Capitalization / Revenue 0.39x 0.23x 0.24x 0.17x 0.23x 0.24x 0.22x 0.21x
EV / Revenue 0.66x 0.5x 0.53x 0.45x 0.46x 0.45x 0.39x 0.37x
EV / EBITDA 4.22x 3.81x 4.19x 3.85x 3.52x 3.47x 2.92x 2.75x
EV / EBIT 6.25x 6.22x 6.88x 6.81x 5.52x 5.33x 4.5x 4.18x
EV / FCF 16.9x 39.9x -39.3x 8.23x 6.29x 8.13x 6.39x 6.46x
FCF Yield 5.93% 2.51% -2.54% 12.1% 15.9% 12.3% 15.6% 15.5%
Dividend per Share 2 0.29 - - - - - 0.11 0.125
Rate of return 6.59% - - - - - 3.89% 4.42%
EPS 2 0.702 0.167 0.432 0.004 -0.048 0.46 0.515 0.58
Distribution rate 41.3% - - - - - 21.4% 21.6%
Net sales 1 27,979 29,628 29,062 29,615 29,606 29,907 32,134 33,842
EBITDA 1 4,340 3,864 3,694 3,422 3,882 3,904 4,323 4,567
EBIT 1 2,936 2,367 2,250 1,937 2,473 2,544 2,802 3,005
Net income 1 1,746 414 1,090 10 -119 1,161 1,314 1,480
Net Debt 1 7,459 8,027 8,377 8,055 6,882 6,329 5,380 5,337
Reference price 2 4.400 2.700 2.850 2.050 2.700 2.830 2.830 2.830
Nbr of stocks (in thousands) 2,472,000 2,477,094 2,494,000 2,501,000 2,508,000 2,507,672 - -
Announcement Date 8/24/22 8/30/23 8/30/24 8/28/25 8/31/26 - - -
1ZAR in Million2ZAR
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
6.15x0.45x3.44x-.--% 426M
20.1x - - -.--% 1,084B
26.05x2.1x13.05x1.06% 160B
21.65x3.63x12.48x1.93% 83.61B
28.92x2.13x15.98x0.79% 80.98B
22.8x4.91x16.76x2.5% 74.38B
20.03x1.61x11.4x1.23% 68.4B
30.5x3.8x17.37x3.03% 65.96B
49.63x3.03x15.58x2.52% 27.69B
Average 25.09x 2.71x 13.26x 1.45% 182.84B
Weighted average by Cap. 22.22x 2.89x 14.30x 0.57%

Y-o-Y evolution of P/E

Valuation ratios - P/E - KAP Limited

Historical PBR trend

Valuation ratios - PBR - KAP Limited

Evolution Enterprise Value / Sales

Valuation ratios - VE_REV - KAP Limited

Change in Enterprise Value/EBITDA

Valuation ratios - VE_EBITDA - KAP Limited


Year-on-year evolution of the Yield

Valuation ratios - Yield - KAP Limited
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