Company Valuation: GSK plc

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Capitalization 1 80,458 58,381 59,112 54,944 73,201 81,119 - -
Change - -27.44% 1.25% -7.05% 33.23% 10.82% - -
Enterprise Value (EV) 1 1,00,296 75,578 74,152 68,039 87,654 93,101 90,373 88,391
Change - -24.65% -1.89% -8.24% 28.83% 6.21% -2.93% -2.19%
P/E ratio 18.6x 3.93x 11.9x 21.3x 12.9x 12.7x 11.8x 11.3x
PBR 5.34x 5.47x 4.4x 4.02x - 4.32x 3.6x 3.2x
PEG - 0x -0.2x -0.4x 0x 1x 1.52x 2.67x
Capitalization / Revenue 2.36x 1.99x 1.95x 1.75x 2.24x 2.4x 2.29x 2.22x
EV / Revenue 2.94x 2.58x 2.45x 2.17x 2.68x 2.75x 2.55x 2.42x
EV / EBITDA 8.85x 7.23x 6.37x 6.36x 7.77x 7.97x 7.28x 6.99x
EV / EBIT 11.4x 9.27x 8.44x 7.44x 8.96x 9.15x 8.2x 7.6x
EV / FCF 22.6x 12.1x 13.6x 13x 13.7x 14.6x 14.1x 12.3x
FCF Yield 4.42% 8.28% 7.36% 7.67% 7.32% 6.85% 7.1% 8.11%
Dividend per Share 2 1 0.6125 0.58 0.61 0.66 0.693 0.761 0.7633
Rate of return 4.98% 4.26% 4% 4.53% 3.62% 3.42% 3.76% 3.77%
EPS 2 1.082 3.662 1.216 0.632 1.411 1.594 1.717 1.79
Distribution rate 92.4% 16.7% 47.7% 96.5% 46.8% 43.5% 44.3% 42.6%
Net sales 1 34,114 29,324 30,328 31,376 32,667 33,804 35,419 36,517
EBITDA 1 11,330 10,449 11,635 10,693 11,278 11,681 12,415 12,648
EBIT 1 8,806 8,151 8,786 9,148 9,783 10,174 11,021 11,627
Net income 1 4,385 14,956 4,928 2,575 5,716 6,311 6,796 7,183
Net Debt 1 19,838 17,197 15,040 13,095 14,453 11,982 9,253 7,272
Reference price 2 20.08 14.38 14.50 13.46 18.24 20.26 20.26 20.26
Nbr of stocks (in thousands) 40,06,383 40,60,999 40,76,145 40,80,519 40,12,126 40,03,922 - -
Announcement Date 09/02/22 01/02/23 31/01/24 05/02/25 04/02/26 - - -
1GBP in Million2GBP
Estimates

P/E ratio, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
12.71x2.75x7.97x3.42% 11TCr
29.07x10.95x22x0.67% 88TCr
25.8x6x16.34x2.18% 59TCr
24.19x6.6x13.25x3.13% 39TCr
17.41x4.24x10.49x3.12% 33TCr
24x4.98x13.88x1.74% 30TCr
20.97x5.65x13.98x2.86% 29TCr
26.98x4.73x14.8x2.92% 29TCr
24.64x6.26x11.14x2.74% 20TCr
20.13x6.12x11.08x2.24% 18TCr
Average 22.59x 5.83x 13.49x 2.5% 35.48TCr
Weighted average by Cap. 24.46x 6.84x 15.53x 2.15%

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

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