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 99,138 - -
Change - 44.1% -4.83% 2.82% -7.7% 21.06% - -
Enterprise Value (EV) 1 101,582 147,437 141,429 159,287 147,152 164,820 151,210 142,204
Change - 45.14% -4.07% 12.63% -7.62% 12.01% -8.26% -5.96%
P/E 19.7x 24.4x 3.31x 23x 28.9x 9.72x 9.01x 8.26x
PBR 0.25x 0.39x 0.36x 0.38x 0.33x 0.42x 0.4x 0.37x
PEG - 1x 0x -0.3x -1x 0x 1.15x 0.91x
Capitalization / Revenue 0.68x 0.99x 0.91x 1.08x 0.91x 1.05x 1x 0.97x
EV / Revenue 1.1x 1.61x 1.49x 1.94x 1.63x 1.75x 1.52x 1.4x
EV / EBITDA 6.15x 9.58x 3.74x 11.2x 9.71x 9.96x 8.74x 7.8x
EV / EBIT 8.16x 12.9x 4.62x 15.6x 14x 13.8x 12.3x 10.8x
EV / FCF 12.9x 29.2x 38.2x 26.3x 21x 21.6x 17.6x 14.8x
FCF Yield 7.73% 3.42% 2.62% 3.8% 4.76% 4.63% 5.68% 6.78%
Dividend per Share 2 2.6 3 3.2 3.35 3.8 3.973 4.227 4.561
Rate of return 5.86% 4.37% 4.84% 4.76% 6.06% 4.86% 5.17% 5.58%
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% 47.3% 46.6% 46.1%
Net sales 1 92,403 91,693 94,823 81,969 90,467 94,409 99,255 101,767
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 65,682 52,072 43,066
Reference price 2 44.35 68.70 66.10 70.45 62.70 81.70 81.70 81.70
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 (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
24.66x7.68x21.8x2.62% 350B
17x2.8x11.58x2.8% 45.4B
20.09x1.77x11.14x2.24% 24B
16.69x1.52x7.46x4.41% 20.16B
49.83x6.72x29.14x0.38% 18.35B
27.4x1.98x9.14x1.97% 8.9B
15.21x0.64x4.81x2.74% 8.39B
21.35x2.4x10.31x-.--% 8.15B
Average 24.03x 3.19x 13.17x 2.14% 60.39B
Weighted average by Cap. 24.17x 6.32x 19.27x 2.55%

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