Company Valuation: Gildan Activewear Inc.

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Capitalization 1 7,995 4,766 5,663 7,224 11,694 11,540 - -
Change - -40.38% 18.8% 27.58% 61.87% -1.32% - -
Enterprise Value (EV) 1 8,525 5,396 6,656 8,793 16,112 14,585 14,263 13,933
Change - -36.7% 23.35% 32.1% 83.23% -9.47% -2.21% -2.32%
P/E ratio 13.4x 9.06x 11x 19.1x 24.2x 14.8x 11.6x 10.1x
PBR 4.13x 2.53x 2.99x 5.25x - 2.75x 2.41x 2.2x
PEG - -1.99x 3.22x -1x 3.97x 0.2x 0.4x 0.7x
Capitalization / Revenue 2.74x 1.47x 1.77x 2.21x 3.23x 1.88x 1.75x 1.67x
EV / Revenue 2.92x 1.67x 2.08x 2.69x 4.45x 2.38x 2.17x 2.02x
EV / EBITDA 11.7x 7.06x 9.87x 10.5x 17.4x 9.95x 8.65x 7.71x
EV / EBIT 14.4x 8.44x 12x 12.6x 20.7x 11.9x 10.1x 8.94x
EV / FCF 17.4x 30.9x 17x 24.7x 32.7x 16.7x 15.4x 13.2x
FCF Yield 5.75% 3.23% 5.88% 4.05% 3.06% 5.98% 6.49% 7.58%
Dividend per Share 2 0.462 - 0.744 0.82 - 1.003 1.096 1.166
Rate of return 1.12% - 2.24% 1.75% - 1.61% 1.76% 1.87%
EPS 2 3.07 2.93 3.03 2.46 2.61 4.213 5.374 6.188
Distribution rate 15% - 24.6% 33.3% - 23.8% 20.4% 18.8%
Net sales 1 2,923 3,240 3,196 3,271 3,619 6,136 6,581 6,911
EBITDA 1 726.8 764.2 674.5 833.9 926.3 1,465 1,650 1,808
EBIT 1 591.4 639.3 552.9 695.6 778.7 1,230 1,416 1,559
Net income 1 607.2 541.5 533.6 400.9 398.9 785.3 976.6 1,090
Net Debt 1 529.9 629.6 993.4 1,569 4,417 3,045 2,723 2,393
Reference price 2 41.20 26.55 33.24 46.90 63.15 62.32 62.32 62.32
Nbr of stocks (in thousands) 194,051 179,561 170,357 154,056 185,173 185,175 - -
Announcement Date 2/23/22 2/22/23 2/21/24 2/19/25 2/26/26 - - -
1USD in Million2USD
Estimates

P/E ratio, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
14.79x2.38x9.95x1.61% 11.54B
21.64x3.33x10.81x2.63% 289B
22.24x2.62x13.97x1.04% 20.48B
13.05x1.66x6.81x-.--% 19.96B
25.1x4.73x12.07x2.16% 17.33B
13.2x1.32x8.68x2.96% 7.65B
12.37x1.57x6.78x6.74% 6.95B
20.76x1.09x11.24x2.09% 6.78B
17.58x1.16x6.67x2.83% 6.74B
Average 17.86x 2.21x 9.66x 2.45% 42.95B
Weighted average by Cap. 20.76x 3.09x 10.62x 2.43%

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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  4. Valuation Gildan Activewear Inc.