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 10,791 - -
Change - 39.62% 29.72% 18.57% - -
Enterprise Value (EV) 1 5,025 6,646 8,562 11,156 10,895 9,995
Change - 32.26% 28.83% 30.29% -2.34% -8.26%
P/E - 14.4x 10.6x 11.1x 9.03x 7.98x
PBR - 1.17x 1.42x 1.49x 1.36x 1.26x
PEG - - 0.1x 1x 0.4x 0.6x
Capitalization / Revenue 0.5x 0.71x 0.89x 1.05x 0.97x 0.92x
EV / Revenue 0.5x 0.67x 0.83x 1.09x 0.98x 0.85x
EV / EBITDA - 4.17x 4.12x 5.37x 4.2x 3.54x
EV / EBIT - 8.13x 5.81x 13.2x 10.2x 7.85x
EV / FCF - 6.41x 14.8x 7.59x 6.89x 4.76x
FCF Yield - 15.6% 6.75% 13.2% 14.5% 21%
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% 0.07%
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 6.860 6.860 6.860
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 (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
11.06x1.06x5.24x0.05% 650M
19.64x2.66x10.52x2.62% 48.71B
29.13x3.8x13.51x-.--% 18.06B
10.94x0.38x1.74x4.7% 13.06B
12.35x3.36x6.87x6.03% 12.8B
47.02x3.62x17.46x0.64% 9.26B
8.84x1.29x5x1.87% 8.32B
23.41x7.68x14.26x4.11% 7.91B
16.19x3.39x10.9x0.49% 6.3B
13.65x1.3x4.89x2.84% 5.85B
Average 19.22x 2.85x 9.04x 2.33% 13.09B
Weighted average by Cap. 20.37x 2.91x 9.81x 2.6%

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