Company Valuation: PPC Ltd

Data adjusted to current consolidation scope
Fiscal Period: March 2024 2025 2026 2027 2028 2029
Market Cap 1 5,025 7,016 9,101 11,435 - -
Change - 39.62% 29.72% 25.64% - -
Enterprise Value (EV) 1 5,025 6,646 8,562 11,800 11,539 10,639
Change - 32.26% 28.83% 37.81% -2.21% -7.8%
P/E - 14.4x 10.6x 12x 9.83x 8.69x
PBR - 1.17x 1.42x 1.62x 1.48x 1.37x
PEG - - 0.1x 1.1x 0.4x 0.7x
Capitalization / Revenue 0.5x 0.71x 0.89x 1.11x 1.03x 0.97x
EV / Revenue 0.5x 0.67x 0.83x 1.15x 1.04x 0.91x
EV / EBITDA - 4.17x 4.12x 5.68x 4.45x 3.77x
EV / EBIT - 8.13x 5.81x 13.9x 10.8x 8.36x
EV / FCF - 6.41x 14.8x 8.03x 7.3x 5.07x
FCF Yield - 15.6% 6.75% 12.5% 13.7% 19.7%
Dividend per Share 2 - 0.176 0.302 0.0034 0.0042 0.0048
Rate of return - 3.83% 5.08% 0.05% 0.06% 0.06%
EPS 2 - 0.32 0.56 0.62 0.76 0.86
Distribution rate - 55% 53.9% 0.55% 0.55% 0.56%
Net sales 1 10,058 9,871 10,255 10,281 11,079 11,737
EBITDA 1 - 1,593 2,079 2,077 2,595 2,823
EBIT 1 - 817 1,473 848 1,065 1,273
Net income 1 - 466 830 906 1,116 1,267
Net Debt 1 - -370 -539 365 104 -796
Reference price 2 3.300 4.600 5.940 7.470 7.470 7.470
Nbr of stocks (in thousands) 1,522,707 1,525,210 1,532,194 1,532,821 - -
Announcement Date 5/30/24 A 6/9/25 A 6/6/26 A - - -
1ZAR in Million2ZAR
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
12.05x1.15x5.69x0.05% 693M
21.06x2.81x11.1x2.47% 51.72B
24.5x3.43x12.3x-.--% 15.17B
11.68x0.47x2.11x4.38% 14.03B
12.35x3.36x6.87x6.03% 12.7B
46.53x3.99x18.72x0.6% 10B
8.73x1.31x4.94x1.86% 8.45B
23.41x7.68x14.26x4.11% 7.85B
16.25x3.43x10.87x0.45% 6.3B
13.41x1.3x4.89x2.89% 5.84B
Average 19.00x 2.89x 9.17x 2.28% 13.28B
Weighted average by Cap. 20.29x 2.92x 9.94x 2.56%

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