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 76,113 - -
Change - -27.44% 1.25% -7.05% 33.23% 3.98% - -
Enterprise Value (EV) 1 100,296 75,578 74,152 68,039 87,654 95,951 93,173 90,178
Change - -24.65% -1.89% -8.24% 28.83% 9.47% -2.9% -3.21%
P/E 18.6x 3.93x 11.9x 21.3x 12.9x 14.4x 11.8x 11x
PBR 5.34x 5.47x 4.4x 4.02x - 4.64x 4.06x 3.57x
PEG - 0x -0.2x -0.4x 0x -2.3x 0.5x 1.59x
Capitalization / Revenue 2.36x 1.99x 1.95x 1.75x 2.24x 2.24x 2.14x 2.08x
EV / Revenue 2.94x 2.58x 2.45x 2.17x 2.68x 2.83x 2.62x 2.46x
EV / EBITDA 8.85x 7.23x 6.37x 6.36x 7.77x 8.37x 7.6x 7.1x
EV / EBIT 11.4x 9.27x 8.44x 7.44x 8.96x 9.32x 8.44x 7.83x
EV / FCF 22.6x 12.1x 13.6x 13x 13.7x 17.3x 16.1x 13.3x
FCF Yield 4.42% 8.28% 7.36% 7.67% 7.32% 5.78% 6.22% 7.54%
Dividend per Share 2 1 0.6125 0.58 0.61 0.66 0.6958 0.7495 0.7831
Rate of return 4.98% 4.26% 4% 4.53% 3.62% 3.66% 3.95% 4.12%
EPS 2 1.082 3.662 1.216 0.632 1.411 1.323 1.616 1.728
Distribution rate 92.4% 16.7% 47.7% 96.5% 46.8% 52.6% 46.4% 45.3%
Net sales 1 34,114 29,324 30,328 31,376 32,667 33,936 35,515 36,639
EBITDA 1 11,330 10,449 11,635 10,693 11,278 11,464 12,256 12,693
EBIT 1 8,806 8,151 8,786 9,148 9,783 10,298 11,044 11,519
Net income 1 4,385 14,956 4,928 2,575 5,716 5,436 6,484 6,933
Net Debt 1 19,838 17,197 15,040 13,095 14,453 19,838 17,060 14,065
Reference price 2 20.08 14.38 14.50 13.46 18.24 19.00 19.00 19.00
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.($)
14.36x2.83x8.37x3.66% 103B
33.86x12.29x24.9x0.58% 1,060B
30.03x - - 1.99% 651B
33.56x7.77x16.15x2.61% 465B
20.52x4.87x12.06x2.71% 365B
22.43x5.77x14.31x2.77% 300B
21.39x4.38x12.52x2.01% 258B
27.85x7.18x12.75x2.29% 238B
13.86x4.91x10.27x3.71% 210B
-45.25x6.53x25.49x2.23% 184B
Average 17.26x 6.28x 15.20x 2.46% 383.39B
Weighted average by Cap. 24.38x 8.01x 17.77x 1.98%

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