Valuation SM Prime Holdings, Inc.

Equities

Market Closed - Philippines S.E. Other stock markets 01:56:43 2026-02-12 EST			5-day change	1st Jan Change
21.30 ^PHP	-2.52%		+0.24%	-6.37%

11-26	SM Prime invests 3.6 bln pesos for SMX Seaside Cebu	RE
11-24	SM Prime says Costa del Hamilo invests 3 billion pesos to build eco-resort community in Batangas	RE

Data adjusted to current consolidation scope

Fiscal Period: December	2020	2021	2022	2023	2024	2025	2026	2027
Capitalization ¹	1,111,850	978,232	1,024,403	949,362	726,313	629,321	629,321	-
Change	-	-12.02%	4.72%	-7.33%	-23.49%	-13.35%	0%	-
Enterprise Value (EV) ¹	1,353,658	1,252,175	1,334,740	1,284,203	1,084,987	1,013,515	1,026,540	1,062,827
Change	-	-7.5%	6.59%	-3.79%	-15.51%	-6.59%	1.29%	3.53%
P/E ratio	61.7x	44.9x	34x	23.7x	15.9x	13x	12.2x	11.6x
PBR	3.59x	2.94x	2.82x	2.4x	1.68x	1.35x	1.24x	1.16x
PEG	-	2.1x	0.9x	0.7x	1.1x	2.03x	1.77x	2.36x
Capitalization / Revenue	13.6x	11.9x	9.68x	7.41x	5.17x	4.36x	4.07x	3.84x
EV / Revenue	16.5x	15.2x	12.6x	10x	7.73x	7.02x	6.63x	6.48x
EV / EBITDA	34.3x	29x	21.8x	17.3x	13.2x	11.6x	10.9x	10.7x
EV / EBIT	46.6x	38.6x	27.1x	21x	15.9x	14.1x	13.3x	13x
EV / FCF	-66.1x	-142x	-331x	-591x	-445x	111x	16.6x	16.5x
FCF Yield	-1.51%	-0.7%	-0.3%	-0.17%	-0.22%	0.9%	6.01%	6.07%
Dividend per Share ²	0.185	0.082	0.097	0.237	0.346	0.4424	0.4597	0.4872
Rate of return	0.48%	0.24%	0.27%	0.72%	1.38%	2.02%	2.1%	2.23%
EPS ²	0.624	0.755	1.043	1.387	1.581	1.682	1.798	1.887
Distribution rate	29.6%	10.9%	9.3%	17.1%	21.9%	26.3%	25.6%	25.8%
Net sales ¹	81,899	82,315	105,786	128,098	140,391	144,330	154,774	163,925
EBITDA ¹	39,416	43,107	61,088	74,083	82,167	87,206	94,066	99,363
EBIT ¹	29,074	32,415	49,243	61,279	68,037	71,837	77,086	81,475
Net income ¹	18,007	21,787	30,100	40,011	45,632	48,549	51,779	54,445
Net Debt ¹	241,807	273,942	310,337	334,841	358,674	384,194	397,219	433,506
Reference price ²	38.50	33.90	35.50	32.90	25.15	21.85	21.85	21.85
Nbr of stocks (in thousands)	28,879,232	28,856,412	28,856,412	28,856,000	28,879,232	28,801,894	28,801,894	-
Announcement Date	2/28/21	3/1/22	3/1/23	2/29/24	3/3/25	-	-	-

¹PHP in Million²PHP

Estimates

Add to a list 0 selected To use this feature you must be a member Log in Sign up	P/E (Y)	EV / Sales (Y)	EV / EBITDA (Y)	Dividend Yield (Y)	Capi.($)
SM PRIME HOLDINGS, INC.	12.99x	7.02x	11.62x	2.02%	10.8B
SUN HUNG KAI PROPERTIES LIMITED	16.62x	5.23x	14.41x	2.89%	48.11B
EMAAR PROPERTIES	9.1x	1.92x	3.85x	6.22%	39.46B
MITSUBISHI ESTATE CO., LTD.	28.51x	5.08x	21.01x	0.95%	38.99B
MITSUI FUDOSAN CO., LTD.	21.13x	3.78x	18.61x	1.66%	37.27B
SUMITOMO REALTY & DEVELOPMENT CO., LTD.	22.32x	8.1x	22.93x	0.84%	31B
CHINA RESOURCES LAND LIMITED	8.36x	1.26x	7.04x	4.2%	29.19B
ALPHA DHABI HOLDING	18.53x	1.18x	7.79x	2.01%	25.73B
ALDAR PROPERTIES	9.21x	2.18x	6.74x	2.16%	23.33B
Average	16.31x	3.97x	12.67x	2.55%	31.54B
Weighted average by Cap.	17.00x	3.91x	13.24x	2.66%