Company Valuation: PPC Ltd

Data adjusted to current consolidation scope
Fiscal Period: March 2024 2025 2026 2027 2028 2029
Market Cap 1 5,025 7,016 9,101 11,481 - -
Change - 39.62% 29.72% 26.15% - -
Enterprise Value (EV) 1 5,025 6,646 8,562 11,846 11,585 10,685
Change - 32.26% 28.83% 38.35% -2.2% -7.77%
P/E - 14.4x 10.6x 12.1x 9.86x 8.71x
PBR - 1.17x 1.42x 1.62x 1.48x 1.37x
PEG - - 0.1x 1.1x 0.4x 0.7x
Capitalization / Revenue 0.5x 0.71x 0.89x 1.12x 1.04x 0.98x
EV / Revenue 0.5x 0.67x 0.83x 1.15x 1.05x 0.91x
EV / EBITDA - 4.17x 4.12x 5.7x 4.46x 3.78x
EV / EBIT - 8.13x 5.81x 14x 10.9x 8.39x
EV / FCF - 6.41x 14.8x 8.06x 7.33x 5.09x
FCF Yield - 15.6% 6.75% 12.4% 13.6% 19.7%
Dividend per Share 2 - 0.176 0.302 0.0034 0.0042 0.0048
Rate of return - 3.83% 5.08% 0.05% 0.06% 0.06%
EPS 2 - 0.32 0.56 0.62 0.76 0.86
Distribution rate - 55% 53.9% 0.55% 0.55% 0.56%
Net sales 1 10,058 9,871 10,255 10,281 11,079 11,737
EBITDA 1 - 1,593 2,079 2,077 2,595 2,823
EBIT 1 - 817 1,473 848 1,065 1,273
Net income 1 - 466 830 906 1,116 1,267
Net Debt 1 - -370 -539 365 104 -796
Reference price 2 3.300 4.600 5.940 7.490 7.490 7.490
Nbr of stocks (in thousands) 1,522,707 1,525,210 1,532,194 1,532,821 - -
Announcement Date 5/30/24 6/9/25 6/6/26 - - -
1ZAR in Million2ZAR
Estimates

P/E, Detailed evolution

P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
12.08x1.15x5.7x0.05% 684M
20.67x2.76x10.91x2.51% 50.13B
23.99x3.42x12.3x-.--% 14.99B
11.19x0.41x1.87x4.59% 13.36B
12.35x3.36x6.87x6.03% 12.68B
47.03x4.04x18.95x0.59% 10.02B
8.65x1.29x4.88x1.88% 8.28B
24x7.87x14.6x4.01% 8.03B
16.58x3.54x11.06x0.47% 6.6B
26.59x1.34x6.55x3.47% 5.53B
Average 20.31x 2.92x 9.37x 2.36% 13.03B
Weighted average by Cap. 20.74x 2.94x 10.01x 2.61%

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