Company Valuation: Venture Corporation Limited

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 5,321 4,965 3,953 3,801 4,356 4,721 - -
Change - -6.68% -20.39% -3.83% 14.58% 8.39% - -
Enterprise Value (EV) 1 4,513 4,152 2,896 2,485 3,072 3,556 3,535 3,510
Change - -7.98% -30.25% -14.21% 23.64% 15.76% -0.59% -0.71%
P/E 17.1x 13.5x 14.7x 15.6x 19.2x 19x 17.6x 16.6x
PBR 1.96x 1.75x 1.4x 1.32x 1.56x 1.68x 1.66x 1.62x
PEG - 0.7x -0.5x -1.76x -2.84x 1.91x 2.25x 2.64x
Capitalization / Revenue 1.71x 1.29x 1.31x 1.39x 1.72x 1.73x 1.63x 1.54x
EV / Revenue 1.45x 1.07x 0.96x 0.91x 1.21x 1.3x 1.22x 1.15x
EV / EBITDA 11.6x 8.78x 8.66x 8.35x 11x 11.3x 10.5x 9.83x
EV / EBIT 12.8x 9.44x 9.56x 9.38x 12.5x 12.8x 11.8x 11.1x
EV / FCF 49.6x 17.6x 6.11x 5.33x 13.6x 32.9x 14.5x 19x
FCF Yield 2.02% 5.69% 16.4% 18.8% 7.37% 3.04% 6.88% 5.25%
Dividend per Share 2 0.75 0.75 0.75 0.75 0.8 0.8056 0.8056 0.7938
Rate of return 4.1% 4.4% 5.51% 5.7% 5.28% 4.9% 4.9% 4.83%
EPS 2 1.07 1.268 0.926 0.844 0.787 0.8654 0.9332 0.9918
Distribution rate 70.1% 59.1% 81% 88.9% 102% 93.1% 86.3% 80%
Net sales 1 3,107 3,864 3,025 2,736 2,535 2,735 2,897 3,065
EBITDA 1 389.9 472.7 334.6 297.7 280 315.8 338.3 357
EBIT 1 353 439.9 303.1 264.9 246.1 277.2 298.5 315.9
Net income 1 312.1 369.6 270 245 227 250.1 269.4 286.2
Net Debt 1 -807.9 -812.6 -1,056 -1,317 -1,284 -1,165 -1,186 -1,211
Reference price 2 18.31 17.06 13.61 13.15 15.14 16.43 16.43 16.43
Nbr of stocks (in thousands) 290,583 291,035 290,431 289,087 287,696 287,357 - -
Announcement Date 2/25/22 A 2/24/23 A 2/22/24 A 2/21/25 A 2/26/26 A - - -
1SGD in Million2SGD
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
18.98x1.3x11.26x4.9% 3.7B
31.72x5.91x18.08x0.71% 199B
13.42x0.3x6.76x3.74% 110B
29.74x10.72x21.76x0.43% 95.09B
38.69x6.28x20.51x0.9% 89.73B
69.1x7.33x34.09x0.21% 76.62B
19.43x1.15x12.9x0.66% 65.74B
43.43x6.09x22.92x0.01% 62.96B
19.14x3.25x12.33x1.39% 60.8B
66.48x30.5x69.17x0.38% 45.49B
Average 35.01x 7.28x 22.98x 1.33% 80.96B
Weighted average by Cap. 34.16x 6.67x 21.11x 1.06%

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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  3. V03 Stock
  4. Valuation Venture Corporation Limited
-40%: Exceptional extension
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