Company Valuation: Servcorp Limited

Data adjusted to current consolidation scope
Fiscal Period: June 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 338.9 319.5 290.5 402.5 566.9 608.9 - -
Change - -5.71% -9.09% 38.59% 40.83% 7.4% - -
Enterprise Value (EV) 1 593.8 529.5 552.9 670.4 798.6 638.9 609.5 570.1
Change - -10.83% 4.42% 21.25% 19.11% -20% -4.6% -6.46%
P/E 15.2x 11.4x 26.3x 10.3x 10.9x 9.1x 8.36x 7.82x
PBR 1.69x 1.61x 1.55x 2.07x 2.43x 2.3x 1.97x 1.7x
PEG - 0.4x -0.4x 0x 0.3x 0.3x 0.93x 1.14x
Capitalization / Revenue 1.26x 1.18x 0.99x 1.28x 1.62x 1.63x 1.53x 1.45x
EV / Revenue 2.2x 1.95x 1.89x 2.13x 2.29x 1.72x 1.53x 1.36x
EV / EBITDA 3.83x 9.85x 9.37x 9.1x 8.9x 2.92x 2.55x 2.24x
EV / EBIT 19.8x 15.5x 14.2x 12.3x 11.7x 6.45x 5.7x 4.93x
EV / FCF - - - - - 8.75x 6.77x 5.64x
FCF Yield - - - - - 11.4% 14.8% 17.7%
Dividend per Share 2 0.18 0.2 0.22 0.25 0.28 0.32 0.3478 0.3806
Rate of return 5.14% 6.06% 7.33% 6.11% 4.89% 5.25% 5.7% 6.24%
EPS 2 0.23 0.289 0.114 0.399 0.527 0.67 0.73 0.78
Distribution rate 78.3% 69.2% 193% 62.7% 53.1% 47.8% 47.6% 48.8%
Net sales 1 269.7 271.6 292.5 314.1 349.4 372.5 398.6 420.3
EBITDA 1 155 53.76 59 73.63 89.75 218.4 239.4 255
EBIT 1 30 34.1 39 54.3 68.4 99.11 107 115.6
Net income 1 22.12 28.02 11.07 39.04 53.12 69.87 77.13 83.93
Net Debt 1 255 210 262.5 267.9 231.7 30 0.609 -38.79
Reference price 2 3.500 3.300 3.000 4.090 5.730 6.100 6.100 6.100
Nbr of stocks (in thousands) 96,818 96,818 96,818 98,420 98,935 99,815 - -
Announcement Date 8/25/21 8/24/22 8/23/23 8/22/24 8/14/25 - - -
1AUD in Million2AUD
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
9.18x1.73x2.95x5.2% 430M
17.67x14.15x20.16x2.54% 2.4B
9.64x13.43x15.4x6.05% 2.34B
16.01x16.24x22.18x3.98% 2.33B
-52.99x15.93x18.29x2.07% 1.97B
145.67x4.11x6.42x - 1.03B
13.49x6.54x18.75x4.36% 957M
Average 22.67x 10.30x 14.88x 4.03% 1.63B
Weighted average by Cap. 14.35x 12.73x 17.28x 3.84%

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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