Valuation SM Prime Holdings, Inc.

Equities

End-of-day quote Philippines S.E. Other stock markets 2024-12-06			5-day change	1st Jan Change
26.70 ^PHP	+1.91%		+1.14%	-18.84%

Nov. 15	SM Prime Holdings, Inc. Expands to New Markets with SM Residences	CI
Nov. 14	SM Prime Holdings, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2024	CI

Data adjusted to current consolidation scope

Fiscal Period: Dezember	2019	2020	2021	2022	2023	2024	2025	2026
Capitalization ¹	1,215,816	1,111,850	978,232	1,024,403	949,362	771,075	-	-
Change	-	-8.55%	-12.02%	4.72%	-7.33%	-18.78%	-	-
Enterprise Value (EV) ¹	1,419,170	1,353,658	1,252,175	1,334,740	1,284,203	1,143,830	1,169,775	1,198,175
Change	-	-4.62%	-7.5%	6.59%	-3.79%	-10.93%	2.27%	2.43%
P/E ratio	31.9x	61.7x	44.9x	34x	23.7x	16.8x	15.8x	14.5x
PBR	4.04x	3.59x	2.94x	2.82x	2.4x	1.8x	1.65x	1.52x
PEG	-	-1.2x	2.1x	0.9x	0.7x	1.1x	2.59x	1.55x
Capitalization / Revenue	10.3x	13.6x	11.9x	9.68x	7.41x	5.47x	5.07x	4.68x
EV / Revenue	12x	16.5x	15.2x	12.6x	10x	8.12x	7.69x	7.27x
EV / EBITDA	21x	34.3x	29x	21.8x	17.3x	13.9x	13x	12.3x
EV / EBIT	25x	46.6x	38.6x	27.1x	21x	16.8x	15.8x	14.9x
EV / FCF	4,380x	-66.1x	-142x	-331x	-591x	-81x	-662x	273x
FCF Yield	0.02%	-1.51%	-0.7%	-0.3%	-0.17%	-1.23%	-0.15%	0.37%
Dividend per Share ²	0.35	0.185	0.082	0.097	0.237	0.3441	0.3582	0.3885
Rate of return	0.83%	0.48%	0.24%	0.27%	0.72%	1.29%	1.34%	1.46%
EPS ²	1.32	0.624	0.755	1.043	1.387	1.591	1.688	1.846
Distribution rate	26.5%	29.6%	10.9%	9.3%	17.1%	21.6%	21.2%	21%
Net sales ¹	118,311	81,899	82,315	105,786	128,098	140,947	152,038	164,902
EBITDA ¹	67,517	39,416	43,107	61,088	74,083	82,424	90,120	97,501
EBIT ¹	56,700	29,074	32,415	49,243	61,279	67,960	73,988	80,374
Net income ¹	38,100	18,007	21,787	30,100	40,011	45,803	48,733	53,300
Net Debt ¹	203,354	241,807	273,942	310,337	334,841	372,755	398,700	427,100
Reference price ²	42.10	38.50	33.90	35.50	32.90	26.70	26.70	26.70
Nbr of stocks (in thousands)	28,879,232	28,879,232	28,856,412	28,856,412	28,856,000	28,879,232	-	-
Announcement Date	2/17/20	2/28/21	3/1/22	3/1/23	2/29/24	-	-	-

¹PHP in Million²PHP

Estimates

Add to a list Add to a list 0 selected To use this feature you must be a member Log in Sign up	P/E ratio	EV / Sales	EV / EBITDA	Yield (Y)	Capi. ($)
SM PRIME HOLDINGS, INC.	16.78x	8.12x	13.88x	+1.29%	13.33B
SUN HUNG KAI PROPERTIES LIMITED	9.36x	4.15x	9.13x	+5.16%	28.89B
DLF LIMITED	60.42x	27.75x	82.46x	+0.56%	25.04B
EMAAR PROPERTIES	7.56x	1.72x	3.52x	+5.15%	23.34B
MITSUI FUDOSAN CO., LTD.	14.34x	2.99x	15.79x	+2.44%	23.01B
CHINA RESOURCES LAND LIMITED	5.7x	1.05x	5.69x	+6.23%	21.77B
CHINA OVERSEAS LAND & INVESTMENT LTD.	6.13x	1.49x	9.12x	+5.01%	19.41B
MITSUBISHI ESTATE CO., LTD.	15.24x	3.68x	14.36x	+2.01%	17.79B
POLY DEVELOPMENTS AND HOLDINGS GROUP CO., LTD.	10.97x	0.99x	10.89x	+3.13%	16.57B
Average	16.28x	5.77x	18.32x	+3.44%	21.02B
Weighted average by Cap.	16.97x	6.16x	19.54x	+3.58%