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 6,570 - -
Change - -38.51% 6.28% -27.87% 32.08% -2.98% - -
Enterprise Value (EV) 1 18,336 14,715 15,485 13,182 13,654 12,899 11,950 11,907
Change - -19.75% 5.23% -14.87% 3.58% -5.53% -7.36% -0.36%
P/E 6.27x 16.2x 6.6x 513x -56.3x 5.7x 5.09x 4.52x
PBR 0.94x 0.59x 0.57x 0.41x 0.56x 0.48x 0.44x 0.4x
PEG - -0.2x 0x -5.2x 0x -0x 0.4x 0.4x
Capitalization / Revenue 0.39x 0.23x 0.24x 0.17x 0.23x 0.22x 0.2x 0.19x
EV / Revenue 0.66x 0.5x 0.53x 0.45x 0.46x 0.43x 0.37x 0.35x
EV / EBITDA 4.22x 3.81x 4.19x 3.85x 3.52x 3.3x 2.76x 2.61x
EV / EBIT 6.25x 6.22x 6.88x 6.81x 5.52x 5.07x 4.26x 3.96x
EV / FCF 16.9x 39.9x -39.3x 8.23x 6.29x 7.74x 6.06x 6.12x
FCF Yield 5.93% 2.51% -2.54% 12.1% 15.9% 12.9% 16.5% 16.3%
Dividend per Share 2 0.29 - - - - - 0.11 0.125
Rate of return 6.59% - - - - - 4.2% 4.77%
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 2.620 2.620 2.620
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.($)
5.7x0.43x3.3x-.--% 394M
25.47x - - -.--% 1,157B
26.28x2.04x12.38x1.08% 159B
22.45x3.86x13.04x1.85% 89.29B
24.06x5.16x17.58x2.32% 78.62B
26.36x1.99x15.05x0.85% 75.41B
9.88x4x18.14x2.35% 69.58B
18.59x1.46x10.43x1.34% 62.24B
52.18x3.18x16.33x2.38% 29.11B
Average 23.44x 2.77x 13.28x 1.35% 191.26B
Weighted average by Cap. 24.93x 2.99x 14.26x 0.52%

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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