Company Valuation: Swift Haulage

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 707 423.8 480 395.4 334.3 327.4 - -
Change - -40.06% 13.27% -17.62% -15.46% -2.05% - -
Enterprise Value (EV) 1 707 1,097 1,139 1,166 1,119 1,041 1,047 979.3
Change - 55.21% 3.8% 2.34% -4.04% -6.91% 0.51% -6.44%
P/E 12.1x 8.44x 7.79x 9.85x 12.3x 11.1x 10.1x 8.86x
PBR 0.96x 0.65x 0.68x 0.54x 0.46x 0.46x 0.45x -
PEG - -0.3x 0.3x -0.3x -0.4x 1x 1x 0.6x
Capitalization / Revenue 1.19x 0.66x 0.71x 0.55x 0.43x 0.43x 0.42x 0.4x
EV / Revenue 1.19x 1.7x 1.7x 1.62x 1.45x 1.36x 1.35x 1.19x
EV / EBITDA 4.9x 7.2x 8.53x 8.31x 7.71x 6.9x 6.96x 6.08x
EV / EBIT 7.99x 12x 11.4x 16.9x 16.3x 13x 13x 11.4x
EV / FCF - 23.8x 32.1x -47.5x 27.8x 9.82x 9.75x 8.82x
FCF Yield - 4.2% 3.12% -2.11% 3.6% 10.2% 10.3% 11.3%
Dividend per Share 2 0.018 0.02 0.016 0.016 - 0.0153 0.0163 0.018
Rate of return 1.87% 4.17% 2.94% 3.56% - 3.93% 4.19% 4.62%
EPS 2 0.0798 0.0569 0.07 0.0457 0.0314 0.035 0.0387 0.044
Distribution rate 22.6% 35.1% 22.9% 35% - 43.8% 42.2% 40.9%
Net sales 1 592.8 644.8 671.5 720.5 772.2 763.3 777 821
EBITDA 1 144.4 152.3 133.6 140.3 145 151 150.4 161.1
EBIT 1 88.49 91.42 99.73 68.83 68.76 79.83 80.37 86.25
Net income 1 50.58 50.46 61.73 40.27 27.39 30.9 33.8 38.65
Net Debt 1 - 673.6 659 770.2 784.3 714 719.3 651.9
Reference price 2 0.9650 0.4800 0.5450 0.4500 0.3850 0.3900 0.3900 0.3900
Nbr of stocks (in thousands) 732,662 882,844 880,713 878,722 868,280 839,538 - -
Announcement Date 2/24/22 2/27/23 2/23/24 2/27/25 2/25/26 - - -
1MYR in Million2MYR
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
11x1.36x6.87x3.98% 79.02M
37.27x7.49x22.39x0.53% 44.86B
34.32x1.93x14.63x0.67% 25.22B
28.47x2.67x14.53x - 21.64B
26.29x1.63x10.82x1.37% 11.57B
31.89x2.67x14.46x-.--% 9.69B
30.91x1.09x19.3x1.17% 6.21B
33.72x2.69x17.62x2.16% 4.2B
-88.84x0.58x29.28x-.--% 3.58B
45.36x0.84x7.03x1.52% 2.25B
Average 19.04x 2.29x 15.69x 1.27% 12.93B
Weighted average by Cap. 30.05x 3.94x 17.54x 0.71%

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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