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 81,888 126,275 - -
Change - 44.1% -4.83% 2.82% -7.7% 54.2% - -
Enterprise Value (EV) 1 101,582 147,437 141,429 159,287 147,152 182,222 175,446 167,239
Change - 45.14% -4.07% 12.63% -7.62% 23.83% -3.72% -4.68%
P/E 19.7x 24.4x 3.31x 23x 28.9x 10.6x 10.7x 9.99x
PBR 0.25x 0.39x 0.36x 0.38x 0.33x 0.52x 0.5x 0.48x
PEG - 1x 0x -0.3x -1x 0x -9.3x 1.35x
Capitalization / Revenue 0.68x 0.99x 0.91x 1.08x 0.91x 1.28x 1.23x 1.2x
EV / Revenue 1.1x 1.61x 1.49x 1.94x 1.63x 1.85x 1.7x 1.59x
EV / EBITDA 6.15x 9.58x 3.74x 11.2x 9.71x 10.1x 9.74x 8.79x
EV / EBIT 8.16x 12.9x 4.62x 15.6x 14x 13x 12.9x 11.5x
EV / FCF 12.9x 29.2x 38.2x 26.3x 21x 18.9x 17.9x 16.4x
FCF Yield 7.73% 3.42% 2.62% 3.8% 4.76% 5.28% 5.59% 6.09%
Dividend per Share 2 2.6 3 3.2 3.35 3.8 4.258 4.457 4.813
Rate of return 5.86% 4.37% 4.84% 4.76% 6.06% 4.05% 4.24% 4.58%
EPS 2 2.25 2.81 19.96 3.06 2.17 9.916 9.802 10.53
Distribution rate 116% 107% 16% 109% 175% 42.9% 45.5% 45.7%
Net sales 1 92,403 91,693 94,823 81,969 90,467 98,291 103,032 105,060
EBITDA 1 16,524 15,396 37,846 14,195 15,148 18,016 18,012 19,031
EBIT 1 12,453 11,431 30,621 10,214 10,527 13,988 13,566 14,553
Net income 1 3,364 4,195 28,853 4,321 2,938 12,848 12,635 13,880
Net Debt 1 38,655 56,759 55,136 70,563 65,264 55,947 49,171 40,964
Reference price 2 44.35 68.70 66.10 70.45 62.70 105.20 105.20 105.20
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.($)
27.18x8.39x24.03x2.33% 392B
19.64x2.77x10.78x2.93% 43.6B
18.36x1.62x10.14x2.46% 22.57B
16.16x1.43x7.03x4.89% 19.28B
10.61x1.85x10.11x4.05% 16.11B
42.38x5.63x24.49x0.44% 15.2B
15.87x0.66x5x2.63% 8.88B
28.37x2.65x11.88x-.--% 8.44B
Average 22.32x 3.13x 12.93x 2.47% 65.76B
Weighted average by Cap. 25.53x 6.88x 20.78x 2.45%

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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  5. Valuation Swire Pacific Limited