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 4,940 - -
Change - 2.97% -3.84% -7.48% 17.25% 13.57% - -
Enterprise Value (EV) 1 7,123 7,467 5,943 5,839 6,498 7,109 7,252 7,388
Change - 4.83% -20.41% -1.76% 11.3% 9.4% 2.02% 1.88%
P/E 21x 26.2x 2.34x 41.7x 26x 22.1x 19.8x 19x
PBR 1.75x 1.73x 1.02x 0.99x 1.21x 1.38x 1.39x 1.41x
PEG - -1.5x 0x -0.4x 0.3x 0.7x 1.7x 4.42x
Capitalization / Revenue 3.17x 3.11x 2.76x 3.25x 3.94x 4.23x 4.06x 3.86x
EV / Revenue 5.57x 5.58x 4.1x 5.12x 5.89x 6.09x 5.97x 5.78x
EV / EBITDA 11.2x 11.1x 11.4x 15.3x 15.7x 10.3x 9.68x 9.35x
EV / EBIT 19.6x 33.9x 22.4x 38.8x 35.9x 15.8x 14.6x 14x
EV / FCF - - - -134x 161x 70x 43x 39.2x
FCF Yield - - - -0.75% 0.62% 1.43% 2.33% 2.55%
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% 5.34% 5.74% 6.06%
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 4.940 4.940 4.940
Nbr of stocks (in thousands) 999,916 999,972 999,974 999,974 999,974 1,000,000 - -
Announcement Date 8/23/21 A 8/26/22 A 8/25/23 A 8/26/24 A 8/25/25 A - - -
1NZD in Million2NZD
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
37.07x6.33x17.08x1.65% 81.42B
13.61x5.67x12.23x4.07% 80.63B
13.86x1.54x7.9x5.31% 72.49B
18x6.93x14.48x2.9% 59.2B
17.23x1.19x9.87x3.11% 56.57B
21.96x2.52x9.32x2.36% 44.73B
18.23x5.17x13.23x3.38% 39.34B
57.73x20.79x34.15x0.3% 38.8B
16.25x4.96x9.66x4.52% 37.03B
Average 23.77x 6.12x 14.21x 3.07% 56.69B
Weighted average by Cap. 22.93x 5.62x 13.69x 3.16%

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