Company Valuation: Servcorp Limited

Data adjusted to current consolidation scope
Fiscal Period: June 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 338.9 319.5 290.5 402.5 566.9 665.8 - -
Change - -5.71% -9.09% 38.59% 40.83% 17.44% - -
Enterprise Value (EV) 1 593.8 529.5 552.9 670.4 798.6 695.8 666.4 627
Change - -10.83% 4.42% 21.25% 19.11% -12.87% -4.22% -5.91%
P/E Ratio 15.2x 11.4x 26.3x 10.3x 10.9x 9.96x 9.14x 8.55x
PBR 1.69x 1.61x 1.55x 2.07x 2.43x 2.52x 2.16x 1.86x
PEG - 0.4x -0.4x 0x 0.3x 0.4x 1.02x 1.25x
Capitalization / Revenue 1.26x 1.18x 0.99x 1.28x 1.62x 1.79x 1.67x 1.58x
EV / Revenue 2.2x 1.95x 1.89x 2.13x 2.29x 1.87x 1.67x 1.49x
EV / EBITDA 3.83x 9.85x 9.37x 9.1x 8.9x 3.19x 2.78x 2.46x
EV / EBIT 19.8x 15.5x 14.2x 12.3x 11.7x 7.02x 6.23x 5.42x
EV / FCF - - - - - 9.53x 7.4x 6.21x
FCF Yield - - - - - 10.5% 13.5% 16.1%
Dividend per Share 2 0.18 0.2 0.22 0.25 0.28 0.32 0.3478 0.3806
Rate of return 5.14% 6.06% 7.33% 6.11% 4.89% 4.8% 5.21% 5.71%
EPS 2 0.23 0.289 0.114 0.399 0.527 0.67 0.73 0.78
Distribution rate 78.3% 69.2% 193% 62.7% 53.1% 47.8% 47.6% 48.8%
Net sales 1 269.7 271.6 292.5 314.1 349.4 372.5 398.6 420.3
EBITDA 1 155 53.76 59 73.63 89.75 218.4 239.4 255
EBIT 1 30 34.1 39 54.3 68.4 99.11 107 115.6
Net income 1 22.12 28.02 11.07 39.04 53.12 69.87 77.13 83.93
Net Debt 1 255 210 262.5 267.9 231.7 30 0.609 -38.79
Reference price 2 3.500 3.300 3.000 4.090 5.730 6.670 6.670 6.670
Nbr of stocks (in thousands) 96,818 96,818 96,818 98,420 98,935 99,815 - -
Announcement Date 8/25/21 A 8/24/22 A 8/23/23 A 8/22/24 A 8/14/25 A - - -
1AUD in Million2AUD
Estimates

P/E Ratio, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
9.96x1.87x3.19x4.8% 472M
18.62x14.14x20.15x2.54% 2.47B
15.67x15.34x24.03x3.73% 2.31B
9.36x13.19x15.11x6.25% 2.27B
19.77x15.58x18.15x2.17% 1.97B
13.61x6.57x18.82x4.32% 983M
128.76x3.63x5.68x - 923M
Average 30.82x 10.04x 15.02x 3.97% 1.63B
Weighted average by Cap. 24.51x 12.43x 17.60x 3.8%

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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