Company Valuation: Swire Pacific Limited

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 62,927 90,678 86,293 88,724 81,888 120,609 - -
Change - 44.1% -4.83% 2.82% -7.7% 47.28% - -
Enterprise Value (EV) 1 101,582 147,437 141,429 159,287 147,152 178,441 171,210 162,630
Change - 45.14% -4.07% 12.63% -7.62% 21.26% -4.05% -5.01%
P/E 19.7x 24.4x 3.31x 23x 28.9x 10.6x 9.92x 9.39x
PBR 0.25x 0.39x 0.36x 0.38x 0.33x 0.5x 0.48x 0.47x
PEG - 1x 0x -0.3x -1x 0x 1.47x 1.67x
Capitalization / Revenue 0.68x 0.99x 0.91x 1.08x 0.91x 1.24x 1.18x 1.15x
EV / Revenue 1.1x 1.61x 1.49x 1.94x 1.63x 1.84x 1.67x 1.55x
EV / EBITDA 6.15x 9.58x 3.74x 11.2x 9.71x 10.2x 9.56x 8.56x
EV / EBIT 8.16x 12.9x 4.62x 15.6x 14x 14x 13.3x 11.7x
EV / FCF 12.9x 29.2x 38.2x 26.3x 21x 18.5x 17.5x 16x
FCF Yield 7.73% 3.42% 2.62% 3.8% 4.76% 5.39% 5.73% 6.26%
Dividend per Share 2 2.6 3 3.2 3.35 3.8 4.177 4.394 4.64
Rate of return 5.86% 4.37% 4.84% 4.76% 6.06% 4.22% 4.44% 4.69%
EPS 2 2.25 2.81 19.96 3.06 2.17 9.343 9.975 10.54
Distribution rate 116% 107% 16% 109% 175% 44.7% 44.1% 44%
Net sales 1 92,403 91,693 94,823 81,969 90,467 97,061 102,494 104,991
EBITDA 1 16,524 15,396 37,846 14,195 15,148 17,450 17,917 19,007
EBIT 1 12,453 11,431 30,621 10,214 10,527 12,789 12,915 13,881
Net income 1 3,364 4,195 28,853 4,321 2,938 11,836 12,987 13,896
Net Debt 1 38,655 56,759 55,136 70,563 65,264 57,832 50,601 42,021
Reference price 2 44.35 68.70 66.10 70.45 62.70 98.95 98.95 98.95
Nbr of stocks (in thousands) 1,501,580 1,453,312 1,437,975 1,376,889 1,348,753 1,348,752 - -
Announcement Date 3/10/22 3/9/23 3/14/24 3/13/25 3/12/26 - - -
1HKD in Million2HKD
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
10.34x1.8x10.04x4.32% 14.96B
25.91x8.03x22.98x2.45% 374B
15.22x2.64x11.4x3.13% 41.32B
19.81x1.75x10.95x2.27% 24.1B
16.31x1.44x7.07x4.66% 19.18B
43.75x5.81x25.28x0.43% 15.77B
15.82x0.66x4.91x2.63% 8.91B
23.06x1.94x8.96x2.01% 8.66B
16.44x1.74x7.51x-.--% 6.02B
Average 20.74x 2.87x 12.12x 2.43% 56.96B
Weighted average by Cap. 24.16x 6.50x 19.85x 2.54%

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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  4. Valuation Swire Pacific Limited