Company Valuation: GlaxoSmithKline plc

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 80,458 58,381 59,112 54,944 73,201 75,753 - -
Change - -27.44% 1.25% -7.05% 33.23% 3.49% - -
Enterprise Value (EV) 1 1,00,296 75,578 74,152 68,039 87,654 95,591 92,813 89,818
Change - -24.65% -1.89% -8.24% 28.83% 9.05% -2.91% -3.23%
P/E 18.6x 3.93x 11.9x 21.3x 12.9x 14.3x 11.7x 10.9x
PBR 5.34x 5.47x 4.4x 4.02x - 4.62x 4.04x 3.56x
PEG - 0x -0.2x -0.4x 0x -2.29x 0.5x 1.57x
Capitalization / Revenue 2.36x 1.99x 1.95x 1.75x 2.24x 2.23x 2.13x 2.07x
EV / Revenue 2.94x 2.58x 2.45x 2.17x 2.68x 2.82x 2.61x 2.45x
EV / EBITDA 8.85x 7.23x 6.37x 6.36x 7.77x 8.34x 7.57x 7.08x
EV / EBIT 11.4x 9.27x 8.44x 7.44x 8.96x 9.28x 8.4x 7.8x
EV / FCF 22.6x 12.1x 13.6x 13x 13.7x 17.2x 16x 13.2x
FCF Yield 4.42% 8.28% 7.36% 7.67% 7.32% 5.81% 6.24% 7.57%
Dividend per Share 2 1 0.6125 0.58 0.61 0.66 0.6958 0.7495 0.7831
Rate of return 4.98% 4.26% 4% 4.53% 3.62% 3.68% 3.96% 4.14%
EPS 2 1.082 3.662 1.216 0.632 1.411 1.323 1.616 1.728
Distribution rate 92.4% 16.7% 47.7% 96.5% 46.8% 52.6% 46.4% 45.3%
Net sales 1 34,114 29,324 30,328 31,376 32,667 33,936 35,515 36,639
EBITDA 1 11,330 10,449 11,635 10,693 11,278 11,464 12,256 12,693
EBIT 1 8,806 8,151 8,786 9,148 9,783 10,298 11,044 11,519
Net income 1 4,385 14,956 4,928 2,575 5,716 5,436 6,484 6,933
Net Debt 1 19,838 17,197 15,040 13,095 14,453 19,838 17,060 14,065
Reference price 2 20.08 14.38 14.50 13.46 18.24 18.90 18.90 18.90
Nbr of stocks (in thousands) 40,06,383 40,60,999 40,76,145 40,80,519 40,12,126 40,07,011 - -
Announcement Date 09/02/22 01/02/23 31/01/24 05/02/25 04/02/26 - - -
1GBP in Million2GBP
Estimates

P/E, Detailed evolution

P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
35.74x12.95x26.26x0.55% 1,11900Cr
30.06x - - 1.99% 65TCr
33.82x7.82x16.26x2.59% 47TCr
20.93x4.96x12.28x2.66% 37TCr
22.59x5.81x14.4x2.75% 30TCr
21.46x4.4x12.56x2% 26TCr
27.79x7.17x12.73x2.3% 24TCr
13.71x4.87x10.23x3.75% 21TCr
-44.65x6.45x25.18x2.26% 18TCr
Average 17.94x 6.80x 16.24x 2.32% 42.22TCr
Weighted average by Cap. 25.52x 8.51x 18.71x 1.9%

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

  1. Stock Market
  2. Stocks
  3. GSK Stock
  4. GSK Stock
  5. Valuation GlaxoSmithKline plc