Company Valuation: PHINMA Corporation

Data adjusted to current consolidation scope
Fiscal Period: December 2020 2021 2022 2023 2024 2025
Market Cap 1 2,724 5,479 5,457 5,841 6,390 5,617
Change - 101.16% -0.4% 7.03% 9.4% -12.11%
Enterprise Value (EV) 1 8,691 14,336 15,693 25,805 30,127 33,948
Change - 64.95% 9.47% 64.43% 16.75% 12.68%
P/E 15.8x 4.89x 5.57x 6.1x 20x -18.2x
PBR 0.41x 0.73x 0.65x 0.76x 0.68x 0.62x
PEG - 0x -0.3x -2.61x -0.3x 0x
Capitalization / Revenue 0.22x 0.34x 0.31x 0.27x 0.27x 0.25x
EV / Revenue 0.71x 0.89x 0.89x 1.21x 1.27x 1.49x
EV / EBITDA 4.93x 5.21x 6.73x 7.41x 9.36x 12.2x
EV / EBIT 6.46x 6.35x 8.7x 9.08x 12.6x 18.4x
EV / FCF -8.91x -17.1x -9.96x -3.62x -6.3x -6.12x
FCF Yield -11.2% -5.86% -10% -27.6% -15.9% -16.4%
Dividend per Share 2 0.4 0.4 0.6 0.6 0.6 0.6
Rate of return 4% 1.99% 3.15% 2.94% 3.16% 3.59%
EPS 2 0.6337 4.118 3.425 3.345 0.9487 -0.9185
Distribution rate 63.1% 9.71% 17.5% 17.9% 63.2% -65.3%
Net sales 1 12,302 16,038 17,665 21,274 23,759 22,841
EBITDA 1 1,764 2,750 2,333 3,485 3,217 2,774
EBIT 1 1,345 2,257 1,804 2,843 2,391 1,841
Net income 1 172.6 1,121 947.7 957.6 279.6 -308.8
Net Debt 1 5,967 8,857 10,236 19,964 23,736 28,331
Reference price 2 10.00 20.15 19.06 20.40 19.00 16.70
Nbr of stocks (in thousands) 272,373 271,916 286,325 286,325 336,325 336,325
Announcement Date 3/22/21 3/21/22 3/17/23 3/27/24 4/25/25 3/25/26
1PHP in Million2PHP
Estimates


P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
- - - - 76.4M
13.78x1.55x7.96x0.86% 59.15B
8.2x1.75x4.61x7.82% 55.86B
19.7x0.83x6.97x0.96% 47.81B
14.34x1.58x9.04x0.86% 35.14B
15.27x2.28x5.58x4% 32.77B
19.62x1.76x9.7x0.61% 31.83B
12.21x1.12x6.75x2.43% 22.9B
11.53x0.75x6.67x3.7% 21.47B
17.41x1.27x11.54x1.19% 21.22B
Average 14.67x 1.43x 7.65x 2.5% 32.82B
Weighted average by Cap. 14.45x 1.47x 7.35x 2.67%

Y-o-Y evolution of P/E

Valuation ratios - P/E - PHINMA Corporation

Historical PBR trend

Valuation ratios - PBR - PHINMA Corporation

Evolution Enterprise Value / Sales

Valuation ratios - VE_REV - PHINMA Corporation

Change in Enterprise Value/EBITDA

Valuation ratios - VE_EBITDA - PHINMA Corporation

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