Company Valuation: GSK plc

Data adjusted to current consolidation scope
Fiscal Period: December 2020 2021 2022 2023 2024 2025 2026 2027
Capitalization 1 66,801 80,458 58,381 59,112 54,944 56,746 - -
Change - 20.44% -27.44% 1.25% -7.05% 3.28% - -
Enterprise Value (EV) 1 87,581 100,296 75,578 74,152 68,039 70,049 67,390 64,381
Change - 14.52% -24.65% -1.89% -8.24% 2.95% -3.8% -4.46%
P/E ratio 11.8x 18.6x 3.93x 11.9x 21.3x 9.89x 8.8x 8.3x
PBR 4.58x 5.34x 5.47x 4.4x 4.02x 3.89x 3.22x 2.71x
PEG - -0.8x 0x -0.2x -0.4x 0x 0.7x 1.37x
Capitalization / Revenue 1.96x 2.36x 1.99x 1.95x 1.75x 1.77x 1.68x 1.61x
EV / Revenue 2.57x 2.94x 2.58x 2.45x 2.17x 2.19x 2x 1.82x
EV / EBITDA 9.19x 8.85x 7.23x 6.37x 6.36x 6.48x 5.75x 5.19x
EV / EBIT 9.83x 11.4x 9.27x 8.44x 7.44x 7.43x 6.55x 5.82x
EV / FCF 16.2x 22.6x 12.1x 13.6x 13x 13.7x 10.2x 9.02x
FCF Yield 6.17% 4.42% 8.28% 7.36% 7.67% 7.29% 9.84% 11.1%
Dividend per Share 2 1 1 0.6125 0.58 0.61 0.6506 0.6908 0.7349
Rate of return 5.96% 4.98% 4.26% 4% 4.53% 4.57% 4.85% 5.16%
EPS 2 1.426 1.082 3.662 1.216 0.632 1.44 1.618 1.716
Distribution rate 70.1% 92.4% 16.7% 47.7% 96.5% 45.2% 42.7% 42.8%
Net sales 1 34,099 34,114 29,324 30,328 31,376 31,999 33,751 35,302
EBITDA 1 9,530 11,330 10,449 11,635 10,693 10,812 11,728 12,402
EBIT 1 8,906 8,806 8,151 8,786 9,148 9,424 10,288 11,054
Net income 1 5,749 4,385 14,956 4,928 2,575 5,709 6,427 6,837
Net Debt 1 20,780 19,838 17,197 15,040 13,095 13,303 10,643 7,635
Reference price 2 16.78 20.08 14.38 14.50 13.46 14.24 14.24 14.24
Nbr of stocks (in thousands) 3,982,185 4,006,383 4,060,999 4,076,145 4,080,519 4,046,081 - -
Announcement Date 2/3/21 2/9/22 2/1/23 1/31/24 2/5/25 - - -
1GBP in Million2GBP
Estimates

P/E ratio, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
10.02x2.22x6.65x4.56% 77.51B
37.59x12.4x28.24x0.74% 718B
15.03x4.2x11.56x3.35% 377B
27.31x6.56x13.72x3.42% 338B
17.01x6.14x12.26x2.97% 308B
14.2x3.5x8.59x3.83% 259B
17.18x4.63x11.23x3.25% 237B
22.67x4.21x12.19x2.24% 222B
10.72x3.48x7.51x3.85% 210B
22.71x5.81x11.21x3.23% 160B
Average 19.44x 5.31x 12.32x 3.14% 290.75B
Weighted average by Cap. 22.90x 6.66x 15.31x 2.68%
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Year-on-year evolution of the PER

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

Year-on-year evolution of the Yield