Company Valuation: Vector Limited

Data adjusted to current consolidation scope
Fiscal Period: June 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 4,050 4,170 4,010 3,710 4,350 5,070 - -
Change - 2.97% -3.84% -7.48% 17.25% 16.55% - -
Enterprise Value (EV) 1 7,123 7,467 5,943 5,839 6,498 7,239 7,382 7,518
Change - 4.83% -20.41% -1.76% 11.3% 11.4% 1.98% 1.85%
P/E 21x 26.2x 2.34x 41.7x 26x 22.7x 20.3x 19.5x
PBR 1.75x 1.73x 1.02x 0.99x 1.21x 1.42x 1.43x 1.44x
PEG - -1.5x 0x -0.4x 0.3x 0.7x 1.8x 4.53x
Capitalization / Revenue 3.17x 3.11x 2.76x 3.25x 3.94x 4.34x 4.17x 3.97x
EV / Revenue 5.57x 5.58x 4.1x 5.12x 5.89x 6.2x 6.07x 5.88x
EV / EBITDA 11.2x 11.1x 11.4x 15.3x 15.7x 10.5x 9.85x 9.52x
EV / EBIT 19.6x 33.9x 22.4x 38.8x 35.9x 16.1x 14.9x 14.3x
EV / FCF - - - -134x 161x 71.2x 43.7x 39.9x
FCF Yield - - - -0.75% 0.62% 1.4% 2.29% 2.51%
Dividend per Share 2 0.1675 0.1675 0.1675 0.2225 0.25 0.2638 0.2833 0.2993
Rate of return 4.14% 4.02% 4.18% 6% 5.75% 5.2% 5.59% 5.9%
EPS 2 0.193 0.159 1.714 0.089 0.167 0.2234 0.2492 0.2599
Distribution rate 86.8% 105% 9.77% 250% 150% 118% 114% 115%
Net sales 1 1,279 1,339 1,451 1,141 1,104 1,167 1,216 1,278
EBITDA 1 634.3 672.5 523.3 381.8 414 691.6 749.1 790.1
EBIT 1 364.2 220.2 265.2 150.4 181 449.8 497 527.6
Net income 1 193.2 158.9 1,714 88.6 166.5 226.9 256.3 273.7
Net Debt 1 3,073 3,297 1,933 2,129 2,148 2,169 2,312 2,448
Reference price 2 4.050 4.170 4.010 3.710 4.350 5.070 5.070 5.070
Nbr of stocks (in thousands) 999,916 999,972 999,974 999,974 999,974 1,000,000 - -
Announcement Date 8/23/21 8/26/22 8/25/23 8/26/24 8/25/25 - - -
1NZD in Million2NZD
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
13.92x5.63x12.31x3.98% 81.9B
33.62x6.19x16.82x1.69% 79.89B
14.47x1.58x8.1x5.09% 75.75B
18.4x7.1x14.84x2.79% 61.62B
16.47x1.15x9.54x3.28% 53.73B
21.58x2.54x9.14x2.42% 43.59B
19.25x5.24x13.53x3.2% 41.65B
65.6x21.99x38.2x0.29% 40.5B
17.35x5.02x9.77x4.55% 37.44B
Average 24.52x 6.27x 14.69x 3.03% 57.34B
Weighted average by Cap. 23.23x 5.78x 14.08x 3.13%

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