Company Valuation: GSK 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 74,370 - -
Change - -27.44% 1.25% -7.05% 33.23% 1.6% - -
Enterprise Value (EV) 1 100,296 75,578 74,152 68,039 87,654 95,612 92,887 90,066
Change - -24.65% -1.89% -8.24% 28.83% 9.08% -2.85% -3.04%
P/E 18.6x 3.93x 11.9x 21.3x 12.9x 14.4x 11.9x 11x
PBR 5.34x 5.47x 4.4x 4.02x 4.51x 4.59x 4.04x 3.58x
PEG - 0x -0.2x -0.4x 0x -1.66x 0.6x 1.34x
Capitalization / Revenue 2.36x 1.99x 1.95x 1.75x 2.24x 2.19x 2.1x 2.03x
EV / Revenue 2.94x 2.58x 2.45x 2.17x 2.68x 2.82x 2.62x 2.46x
EV / EBITDA 8.85x 7.23x 6.37x 6.36x 7.77x 8.33x 7.57x 7.09x
EV / EBIT 11.4x 9.27x 8.44x 7.44x 8.96x 9.27x 8.41x 7.81x
EV / FCF 22.6x 12.1x 13.6x 13x 13.7x 17.1x 16.2x 13.5x
FCF Yield 4.42% 8.28% 7.36% 7.67% 7.32% 5.85% 6.16% 7.41%
Dividend per Share 2 1 0.6125 0.58 0.61 0.66 0.6958 0.7494 0.7843
Rate of return 4.98% 4.26% 4% 4.53% 3.62% 3.75% 4.04% 4.23%
EPS 2 1.082 3.662 1.216 0.632 1.411 1.289 1.566 1.694
Distribution rate 92.4% 16.7% 47.7% 96.5% 46.8% 54% 47.9% 46.3%
Net sales 1 34,114 29,324 30,328 31,376 32,667 33,920 35,498 36,615
EBITDA 1 11,330 10,449 11,635 10,693 11,278 11,473 12,275 12,711
EBIT 1 8,806 8,151 8,786 9,148 9,783 10,310 11,046 11,531
Net income 1 4,385 14,956 4,928 2,575 5,716 5,191 6,209 6,755
Net Debt 1 19,838 17,197 15,040 13,095 14,453 21,242 18,517 15,696
Reference price 2 20.08 14.38 14.50 13.46 18.24 18.56 18.56 18.56
Nbr of stocks (in thousands) 4,006,383 4,060,999 4,076,145 4,080,519 4,012,126 4,007,011 - -
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 (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
33.68x12.2x24.79x0.59% 1,056B
29.76x6.61x18.5x2% 645B
33.32x7.79x16.11x2.63% 465B
108.6x6.05x25.67x2.29% 368B
19.01x4.64x11.49x2.87% 335B
20.51x5.32x13.17x3.01% 275B
20.92x4.34x12.36x2.04% 255B
26.76x6.95x12.37x2.38% 229B
-45.76x6.66x26x2.18% 188B
Average 27.42x 6.73x 17.83x 2.22% 423.98B
Weighted average by Cap. 32.80x 7.85x 19.23x 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