Company Valuation: Southwest Gas Holdings, Inc.

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 4,230 4,150 4,531 5,073 5,776 6,219 - -
Change - -1.89% 9.17% 11.97% 13.86% 7.68% - -
Enterprise Value (EV) 1 10,329 10,018 9,705 9,768 8,708 9,861 10,516 11,570
Change - -3.02% -3.12% 0.64% -10.85% 13.25% 6.64% 10.02%
P/E 20.7x -20x 29.7x 25.6x 13.2x 19.5x 17.1x 14.4x
PBR 1.43x 1.36x 1.37x 1.44x 1.46x 1.49x 1.43x 1.33x
PEG - 0x -0x 0.9x 0x -0.7x 1.2x 0.8x
Capitalization / Revenue 1.15x 0.84x 0.83x 0.99x 1.63x 3.29x 3.09x 2.88x
EV / Revenue 2.81x 2.02x 1.79x 1.91x 2.45x 5.21x 5.22x 5.36x
EV / EBITDA 14x 22.5x 10.4x 10x 10.1x 10.9x 10.7x 10.7x
EV / EBIT 28.2x -411x 19.8x 18.1x 16.3x 18x 17.9x 17.5x
EV / FCF -17.1x -22.2x -26.7x 23.8x -34.6x -25.4x -26.7x -15.7x
FCF Yield -5.85% -4.51% -3.74% 4.2% -2.89% -3.93% -3.75% -6.39%
Dividend per Share 2 2.38 2.455 2.48 2.48 2.48 2.549 2.666 2.65
Rate of return 3.4% 3.97% 3.91% 3.51% 3.1% 2.97% 3.11% 3.09%
EPS 2 3.39 -3.1 2.13 2.76 6.08 4.407 5.027 5.947
Distribution rate 70.2% -79.2% 116% 89.9% 40.8% 57.8% 53% 44.6%
Net sales 1 3,680 4,960 5,434 5,112 3,553 1,891 2,013 2,157
EBITDA 1 737.1 446.1 930.5 976.8 864.7 907.5 983.6 1,086
EBIT 1 366 -24.4 489.6 538.3 534 548.3 587 661.5
Net income 1 200.8 -203.3 150.9 198.8 439.8 321 366 440.4
Net Debt 1 6,099 5,868 5,174 4,695 2,931 3,642 4,297 5,351
Reference price 2 70.05 61.88 63.35 70.71 80.02 85.85 85.85 85.85
Nbr of stocks (in thousands) 60,385 67,068 71,521 71,744 72,184 72,446 - -
Announcement Date 3/1/22 2/28/23 2/28/24 2/26/25 2/25/26 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
19.48x5.21x10.87x2.97% 6.22B
21.02x3.35x14.54x4.94% 16.86B
11.47x6.98x9.11x5.67% 9.85B
10.46x0.55x4.24x6.11% 8.62B
14.28x5.87x20.87x9.3% 8.37B
9.68x0.22x2.71x5.17% 8.3B
13.35x - - 3.98% 8.08B
7.8x0.51x4.83x6.39% 7.04B
14.94x4.29x12.36x3.62% 5.41B
Average 13.61x 3.37x 9.94x 5.35% 8.75B
Weighted average by Cap. 14.25x 3.40x 10.43x 5.43%

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

  1. Stock Market
  2. Stocks
  3. SWX Stock
  4. Valuation Southwest Gas Holdings, Inc.
-40%: Exceptional extension
d
:
:
SEIZE THE OFFER!