Company Valuation: Primex Corporation

Data adjusted to current consolidation scope
Fiscal Period: December 2020 2021 2022 2023 2024 2025
Market Cap 1 2,492 5,040 4,946 6,071 4,191 2,948
Change - 102.21% -1.86% 22.75% -30.97% -29.65%
Enterprise Value (EV) 1 3,180 6,453 7,137 8,408 6,684 5,726
Change - 102.91% 10.59% 17.81% -20.5% -14.34%
P/E 17.5x 374x 148x 64.1x 36.4x 335x
PBR 1.88x 2.44x 2.45x 2.88x 2.05x 1.45x
PEG - -4x 1x 0x 1.6x -3.6x
Capitalization / Revenue 4.1x 58x 33.5x 22.9x 8.14x 17x
EV / Revenue 5.23x 74.2x 48.3x 31.7x 13x 33.1x
EV / EBITDA 12.5x 220x 105x 52.2x 19.1x 56x
EV / EBIT 13.4x 511x 139x 58x 20.8x 77.4x
EV / FCF -34.4x -5.55x -92.2x -64.4x 19.3x 72.7x
FCF Yield -2.91% -18% -1.08% -1.55% 5.17% 1.38%
Dividend per Share 2 0.02 0.0042 0.032 0.0027 - -
Rate of return 1.33% 0.2% 1.52% 0.1% - -
EPS 2 0.0856 0.005746 0.0143 0.0404 0.0498 0.003819
Distribution rate 23.4% 73.1% 224% 6.68% - -
Net sales 1 608.2 86.96 147.7 264.8 514.6 173.1
EBITDA 1 255 29.33 67.93 161 349.8 102.3
EBIT 1 237.9 12.62 51.47 145 321.9 73.99
Net income 1 148.9 12.49 33.63 94.8 116.4 8.801
Net Debt 1 687.9 1,413 2,190 2,336 2,493 2,778
Reference price 2 1.500 2.150 2.110 2.590 1.810 1.280
Nbr of stocks (in thousands) 16,61,667 23,44,168 23,44,168 23,44,168 23,15,521 23,03,331
Announcement Date 29/04/21 15/05/22 17/04/23 16/04/24 02/05/25 18/05/26
1PHP in Million2PHP
Estimates


P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
- - - - 4.01Cr
15.51x4.92x13.25x3.27% 4.42TCr
18.25x4x16.07x1.34% 2.85TCr
8.37x1.53x7.99x4.29% 2.77TCr
14.38x3.1x14.83x2.51% 2.6TCr
5.5x0.66x1.4x9.09% 2.65TCr
10.51x2.12x9.04x4% 2.11TCr
7.81x0.86x3.15x2.86% 2TCr
13.23x6.43x16.91x1.65% 1.92TCr
10.05x1.48x12.38x3.81% 1.84TCr
Average 11.51x 2.79x 10.56x 3.65% 2.32TCr
Weighted average by Cap. 11.98x 2.96x 10.77x 3.67%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA


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