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 73,989 - -
Change - -27.44% 1.25% -7.05% 33.23% 1.08% - -
Enterprise Value (EV) 1 100,296 75,578 74,152 68,039 87,654 93,828 91,049 88,054
Change - -24.65% -1.89% -8.24% 28.83% 7.04% -2.96% -3.29%
P/E 18.6x 3.93x 11.9x 21.3x 12.9x 14x 11.4x 10.7x
PBR 5.34x 5.47x 4.4x 4.02x - 4.51x 3.95x 3.47x
PEG - 0x -0.2x -0.4x 0x -2.17x 0.5x 1.49x
Capitalization / Revenue 2.36x 1.99x 1.95x 1.75x 2.24x 2.18x 2.08x 2.02x
EV / Revenue 2.94x 2.58x 2.45x 2.17x 2.68x 2.77x 2.57x 2.4x
EV / EBITDA 8.85x 7.23x 6.37x 6.36x 7.77x 8.19x 7.44x 6.94x
EV / EBIT 11.4x 9.27x 8.44x 7.44x 8.96x 9.12x 8.25x 7.64x
EV / FCF 22.6x 12.1x 13.6x 13x 13.7x 16.9x 15.7x 13x
FCF Yield 4.42% 8.28% 7.36% 7.67% 7.32% 5.92% 6.36% 7.72%
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% 3.77% 4.06% 4.24%
EPS 2 1.082 3.662 1.216 0.632 1.411 1.32 1.613 1.728
Distribution rate 92.4% 16.7% 47.7% 96.5% 46.8% 52.7% 46.5% 45.3%
Net sales 1 34,114 29,324 30,328 31,376 32,667 33,933 35,491 36,639
EBITDA 1 11,330 10,449 11,635 10,693 11,278 11,452 12,241 12,693
EBIT 1 8,806 8,151 8,786 9,148 9,783 10,287 11,030 11,519
Net income 1 4,385 14,956 4,928 2,575 5,716 5,422 6,468 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 18.46 18.46 18.46
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.($)
13.99x2.77x8.19x3.77% 100B
32.72x11.9x24.26x0.6% 1,024B
30.62x - - 1.95% 663B
32.73x7.6x15.8x2.67% 453B
19.89x4.73x11.71x2.8% 352B
22.72x5.84x14.51x2.7% 304B
20.87x4.29x12.24x2.06% 252B
27.66x7.14x13.15x2.31% 236B
13.33x4.82x10.06x3.78% 206B
-46.14x6.65x25.95x2.18% 187B
Average 16.84x 6.19x 15.10x 2.48% 377.84B
Weighted average by Cap. 23.79x 7.82x 17.49x 2%

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