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 81,888 105,272 - -
Change - 44.1% -4.83% 2.82% -7.7% 28.56% - -
Enterprise Value (EV) 1 101,582 147,437 141,429 159,287 147,152 168,501 156,221 148,114
Change - 45.14% -4.07% 12.63% -7.62% 14.51% -7.29% -5.19%
P/E 19.7x 24.4x 3.31x 23x 28.9x 10.4x 9.66x 8.86x
PBR 0.25x 0.39x 0.36x 0.38x 0.33x 0.44x 0.43x 0.42x
PEG - 1x 0x -0.3x -1x 0x 1.23x 0.97x
Capitalization / Revenue 0.68x 0.99x 0.91x 1.08x 0.91x 1.11x 1.05x 1.03x
EV / Revenue 1.1x 1.61x 1.49x 1.94x 1.63x 1.77x 1.56x 1.45x
EV / EBITDA 6.15x 9.58x 3.74x 11.2x 9.71x 10.2x 9.03x 8.13x
EV / EBIT 8.16x 12.9x 4.62x 15.6x 14x 14.1x 12.7x 11.3x
EV / FCF 12.9x 29.2x 38.2x 26.3x 21x 22.1x 18.2x 15.4x
FCF Yield 7.73% 3.42% 2.62% 3.8% 4.76% 4.53% 5.5% 6.51%
Dividend per Share 2 2.6 3 3.2 3.35 3.8 4.017 4.277 4.566
Rate of return 5.86% 4.37% 4.84% 4.76% 6.06% 4.59% 4.88% 5.21%
EPS 2 2.25 2.81 19.96 3.06 2.17 8.405 9.066 9.891
Distribution rate 116% 107% 16% 109% 175% 47.8% 47.2% 46.2%
Net sales 1 92,403 91,693 94,823 81,969 90,467 95,120 99,913 102,372
EBITDA 1 16,524 15,396 37,846 14,195 15,148 16,553 17,303 18,221
EBIT 1 12,453 11,431 30,621 10,214 10,527 11,923 12,337 13,141
Net income 1 3,364 4,195 28,853 4,321 2,938 11,126 11,974 13,375
Net Debt 1 38,655 56,759 55,136 70,563 65,264 63,229 50,949 42,842
Reference price 2 44.35 68.70 66.10 70.45 62.70 87.60 87.60 87.60
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.($)
9.86x1.72x9.89x4.85% 12.82B
25.11x7.81x22.15x2.58% 356B
15.28x2.66x11.16x3.04% 41.8B
19.89x1.75x11.02x2.26% 23.89B
16.26x1.48x7.28x4.54% 19.52B
46.78x6.29x27.29x0.4% 17.06B
15.93x0.67x5.06x2.63% 8.76B
20.67x2.3x9.87x-.--% 7.8B
9.25x1.01x5.59x2.25% 4.92B
Average 19.89x 2.86x 12.14x 2.51% 54.68B
Weighted average by Cap. 23.63x 6.34x 19.28x 2.62%

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