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 87,488 - -
Change - -27.44% 1.25% -7.05% 33.23% 19.52% - -
Enterprise Value (EV) 1 100,296 75,578 74,152 68,039 87,654 99,613 96,854 95,080
Change - -24.65% -1.89% -8.24% 28.83% 13.64% -2.77% -1.83%
P/E ratio 18.6x 3.93x 11.9x 21.3x 12.9x 13.9x 13x 12.1x
PBR 5.34x 5.47x 4.4x 4.02x - 4.54x 3.83x 3.39x
PEG - 0x -0.2x -0.4x 0x 1.2x 1.9x 1.73x
Capitalization / Revenue 2.36x 1.99x 1.95x 1.75x 2.24x 2.58x 2.46x 2.39x
EV / Revenue 2.94x 2.58x 2.45x 2.17x 2.68x 2.93x 2.72x 2.6x
EV / EBITDA 8.85x 7.23x 6.37x 6.36x 7.77x 8.5x 7.79x 7.47x
EV / EBIT 11.4x 9.27x 8.44x 7.44x 8.96x 9.68x 8.73x 8.13x
EV / FCF 22.6x 12.1x 13.6x 13x 13.7x 15.8x 15.3x 13.4x
FCF Yield 4.42% 8.28% 7.36% 7.67% 7.32% 6.35% 6.55% 7.47%
Dividend per Share 2 1 0.6125 0.58 0.61 0.66 0.6987 0.7589 0.7606
Rate of return 4.98% 4.26% 4% 4.53% 3.62% 3.19% 3.47% 3.47%
EPS 2 1.082 3.662 1.216 0.632 1.411 1.581 1.689 1.807
Distribution rate 92.4% 16.7% 47.7% 96.5% 46.8% 44.2% 44.9% 42.1%
Net sales 1 34,114 29,324 30,328 31,376 32,667 33,975 35,579 36,601
EBITDA 1 11,330 10,449 11,635 10,693 11,278 11,715 12,429 12,722
EBIT 1 8,806 8,151 8,786 9,148 9,783 10,286 11,099 11,691
Net income 1 4,385 14,956 4,928 2,575 5,716 6,338 6,749 7,237
Net Debt 1 19,838 17,197 15,040 13,095 14,453 12,125 9,366 7,593
Reference price 2 20.08 14.38 14.50 13.46 18.24 21.90 21.90 21.90
Nbr of stocks (in thousands) 4,006,383 4,060,999 4,076,145 4,080,519 4,012,126 3,994,878 - -
Announcement Date 9/2/22 1/2/23 31/1/24 5/2/25 4/2/26 - - -
1GBP in Million2GBP
Estimates

P/E ratio, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
13.8x2.9x8.41x3.22% 117B
27.39x10.36x20.75x0.73% 832B
25.22x5.87x15.95x2.22% 573B
23.23x6.22x12.63x3.36% 365B
25.43x5.25x14.83x1.65% 313B
28.43x4.94x15.35x2.81% 297B
21.18x5.7x13.8x2.88% 292B
23.4x6.05x10.77x2.87% 189B
19.14x5.87x10.78x2.34% 173B
Average 23.03x 5.91x 13.70x 2.45% 349.98B
Weighted average by Cap. 24.65x 6.83x 15.59x 2.1%

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