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 81,888 123,038 - -
Change - 44.1% -4.83% 2.82% -7.7% 50.25% - -
Enterprise Value (EV) 1 101,582 147,437 141,429 159,287 147,152 178,187 171,451 163,282
Change - 45.14% -4.07% 12.63% -7.62% 21.09% -3.78% -4.76%
P/E 19.7x 24.4x 3.31x 23x 28.9x 10.1x 10.2x 9.77x
PBR 0.25x 0.39x 0.36x 0.38x 0.33x 0.5x 0.49x 0.47x
PEG - 1x 0x -0.3x -1x 0x -8.69x 2.02x
Capitalization / Revenue 0.68x 0.99x 0.91x 1.08x 0.91x 1.25x 1.19x 1.17x
EV / Revenue 1.1x 1.61x 1.49x 1.94x 1.63x 1.81x 1.66x 1.55x
EV / EBITDA 6.15x 9.58x 3.74x 11.2x 9.71x 9.84x 9.44x 8.6x
EV / EBIT 8.16x 12.9x 4.62x 15.6x 14x 12.7x 12.5x 11.2x
EV / FCF 12.9x 29.2x 38.2x 26.3x 21x 18.5x 17.5x 16x
FCF Yield 7.73% 3.42% 2.62% 3.8% 4.76% 5.4% 5.72% 6.24%
Dividend per Share 2 2.6 3 3.2 3.35 3.8 4.243 4.454 4.777
Rate of return 5.86% 4.37% 4.84% 4.76% 6.06% 4.13% 4.33% 4.65%
EPS 2 2.25 2.81 19.96 3.06 2.17 10.16 10.04 10.53
Distribution rate 116% 107% 16% 109% 175% 41.8% 44.4% 45.4%
Net sales 1 92,403 91,693 94,823 81,969 90,467 98,289 103,033 105,060
EBITDA 1 16,524 15,396 37,846 14,195 15,148 18,106 18,158 18,993
EBIT 1 12,453 11,431 30,621 10,214 10,527 13,992 13,713 14,553
Net income 1 3,364 4,195 28,853 4,321 2,938 13,121 13,198 13,880
Net Debt 1 38,655 56,759 55,136 70,563 65,264 55,149 48,413 40,244
Reference price 2 44.35 68.70 66.10 70.45 62.70 102.80 102.80 102.80
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 A 3/9/23 A 3/14/24 A 3/13/25 A 3/12/26 A - - -
1HKD in Million2HKD
Estimates

P/E, Detailed evolution



P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
27.65x8.51x24.35x2.29% 399B
16.21x2.24x11.66x4.35% 184B
40.51x9.01x29.2x-.--% 91.35B
21.91x6.31x14.07x3.22% 58.82B
22.64x2.49x13.73x2.22% 49.3B
21.14x2.85x10.95x2.71% 46.91B
17.39x1.6x7.91x3.71% 24.75B
19.05x1.67x10.4x2.4% 22.33B
18.05x1.58x7.8x4.46% 19.65B
Average 22.73x 4.03x 14.45x 2.82% 99.49B
Weighted average by Cap. 24.91x 5.99x 19.12x 2.65%

Y-o-Y evolution of P/E

Valuation ratios - P/E - Swire Pacific Limited

Historical PBR trend

Valuation ratios - PBR - Swire Pacific Limited

Evolution Enterprise Value / Sales

Valuation ratios - VE_REV - Swire Pacific Limited

Change in Enterprise Value/EBITDA

Valuation ratios - VE_EBITDA - Swire Pacific Limited


Year-on-year evolution of the Yield

Valuation ratios - Yield - Swire Pacific Limited
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