Company Valuation: Megaworld Corporation

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 100,350 62,972 61,431 66,744 67,589 70,697 - -
Change - -37.25% -2.45% 8.65% 1.27% 4.6% - -
Enterprise Value (EV) 1 150,439 62,972 139,211 155,366 150,240 127,886 151,362 150,827
Change - -58.14% 121.07% 11.6% -3.3% -14.88% 18.36% -0.35%
P/E 7.48x 4.65x 3.52x 3.47x 3.22x 3.36x 3.23x 3.13x
PBR 0.52x - 0.27x 0.27x 0.25x 0.24x 0.23x 0.22x
PEG - 2.18x 0.1x 0.65x 0.35x 5.6x 0.83x 0.95x
Capitalization / Revenue 1.98x 1.06x 0.88x 0.88x 0.85x 1.21x 0.91x 0.94x
EV / Revenue 2.96x 1.06x 2x 2.05x 1.9x 2.18x 1.95x 2x
EV / EBITDA 6.43x 2.23x 5.13x 4.97x 4.46x 3.56x 4.14x 4.1x
EV / EBIT 7.55x 2.53x 5.96x 5.63x 5.01x 4.09x 4.75x 4.7x
EV / FCF 29.5x - -18.8x -45.5x 17.4x -42.4x -98.9x -205x
FCF Yield 3.39% - -5.31% -2.2% 5.75% -2.36% -1.01% -0.49%
Dividend per Share 2 0.0615 - 0.07 0.08 0.09 0.1165 0.1097 0.1228
Rate of return 1.95% - 3.55% 3.9% 4.33% 5.35% 5.03% 5.63%
EPS 2 0.421 0.43 0.56 0.59 0.645 0.6489 0.674 0.6962
Distribution rate 14.6% - 12.5% 13.6% 14% 18% 16.3% 17.6%
Net sales 1 50,754 59,527 69,728 75,774 79,115 58,575 77,717 75,387
EBITDA 1 23,396 28,205 27,113 31,247 33,720 35,947 36,545 36,809
EBIT 1 19,928 24,925 23,363 27,592 30,012 31,288 31,859 32,065
Net income 1 13,434 13,455 17,345 18,749 21,003 22,458 22,316 22,317
Net Debt 1 50,089 - 77,780 88,622 82,652 57,189 80,665 80,129
Reference price 2 3.150 2.000 1.970 2.050 2.080 2.180 2.180 2.180
Nbr of stocks (in thousands) 31,857,071 31,486,072 31,183,252 32,558,252 32,494,616 32,429,883 - -
Announcement Date 9/3/22 1/3/23 28/2/24 26/2/25 26/2/26 - - -
1PHP in Million2PHP
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
3.36x2.18x3.56x5.35% 1.13B
14.04x4.51x12.17x3.61% 39.98B
17.8x3.94x15.85x1.38% 28.22B
7.88x1.42x7.8x4.49% 26.51B
5.45x0.65x1.36x9.17% 26.23B
13.78x3.08x14.74x2.54% 26.13B
10.63x2.15x9.15x3.95% 21.37B
7.85x0.87x3.17x2.85% 20.08B
13.11x6.41x16.85x1.66% 19.31B
37.44x13.73x34.11x3.16% 18.14B
Average 13.13x 3.89x 11.88x 3.82% 22.71B
Weighted average by Cap. 13.63x 3.81x 12.19x 3.73%

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
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  3. MEG Stock
  4. Valuation Megaworld Corporation
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