Valuation Westpac Banking Corporation

Equities

Delayed Australian S.E. Other stock markets 08:23:11 2025-12-14 pm EST			5-day change	1st Jan Change
38.92 ^AUD	+0.31%		+1.87%	+20.53%

Dec. 12	Westpac Banking Corporation - Shareholder/Analyst Call
Dec. 11	Westpac says 60.18% of total votes cast in favour of re-electing Peter Nash as a director	RE

Data adjusted to current consolidation scope

Fiscal Period: September	2021	2022	2023	2024	2025	2026	2027	2028
Capitalization ¹	95,271	72,158	74,103	108,924	133,104	132,485	-	-
Change	-	-24.26%	2.69%	46.99%	22.2%	-0.46%	-	-
Enterprise Value (EV)	95,271	72,158	74,103	108,924	133,104	132,485	132,485	132,485
Change	-	-24.26%	2.69%	46.99%	22.2%	-0.46%	0%	0%
P/E ratio	18.9x	12.9x	10.3x	15.8x	19.5x	18.6x	18.2x	17.4x
PBR	1.32x	1.14x	1.02x	1.52x	1.83x	1.81x	1.77x	1.73x
PEG	-	0.8x	0.4x	-8.1x	-24.5x	4.11x	9.07x	3.46x
Capitalization / Revenue	4.53x	3.8x	3.42x	5.01x	5.93x	5.74x	5.6x	5.42x
EV / Revenue	0x	0x	0x	0x	0x	5.74x	5.6x	5.42x
EV / EBITDA	-	-	-	-	-	-	-	-
EV / EBIT	0x	0x	0x	0x	0x	12x	11.5x	10.9x
EV / FCF	-	-	-	-	-	-	-	-
FCF Yield	-	-	-	-	-	-	-	-
Dividend per Share ²	1.18	1.25	1.42	1.51	1.53	1.595	1.606	1.668
Rate of return	4.54%	6.06%	6.71%	4.76%	3.93%	4.11%	4.14%	4.3%
EPS ²	1.378	1.599	2.05	2.01	1.994	2.084	2.126	2.233
Distribution rate	85.6%	78.2%	69.3%	75.1%	76.7%	76.5%	75.5%	74.7%
Net sales ¹	21,038	19,001	21,645	21,763	22,464	23,063	23,654	24,448
EBITDA	-	-	-	-	-	-	-	-
EBIT ¹	7,755	8,210	10,953	10,644	10,548	11,060	11,497	12,166
Net income ¹	5,458	5,694	7,195	6,990	6,916	7,166	7,285	7,646
Net Debt	-	-	-	-	-	-	-	-
Reference price ²	26.00	20.64	21.15	31.72	38.97	38.80	38.80	38.80
Nbr of stocks (in thousands)	3,664,269	3,496,051	3,503,681	3,433,937	3,415,538	3,414,564	-	-
Announcement Date	10/31/21	11/6/22	11/5/23	11/4/24	11/2/25	-	-	-

¹AUD in Million²AUD

Estimates

Add to a list 0 selected To use this feature you must be a member Log in Sign up	P/E (N)	EV / Sales (N)	EV / EBITDA (N)	Dividend Yield (N)	Capi.($)
WESTPAC BANKING CORPORATION	18.62x	-	-	4.11%	87.98B
JPMORGAN CHASE & CO.	15.66x	-	-	1.82%	867B
BANK OF AMERICA CORPORATION	14.42x	-	-	1.97%	403B
INDUSTRIAL AND COMMERCIAL BANK OF CHINA LIMITED	5.59x	-	-	5.56%	373B
WELLS FARGO & COMPANY	14.65x	-	-	1.84%	291B
CHINA CONSTRUCTION BANK CORPORATION	5.38x	-	-	5.54%	263B
HSBC HOLDINGS PLC	12.63x	-	-	4.77%	255B
BANK OF CHINA LIMITED	5.54x	-	-	5.55%	237B
ROYAL BANK OF CANADA	15.02x	-	-	2.92%	232B
MITSUBISHI UFJ FINANCIAL GROUP, INC.	13.43x	-	-	2.95%	182B
Average	12.09x			3.7%	319B
Weighted average by Cap.	12.30x			3.3%