Company Valuation: HSBC Holdings plc

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Capitalization 1 122,196 122,627 153,691 173,644 270,882 285,737 - -
Change - 0.35% 25.33% 12.98% 56% 5.48% - -
Enterprise Value (EV) 122,196 122,627 153,691 173,644 270,882 285,737 285,737 285,737
Change - 0.35% 25.33% 12.98% 56% 5.48% 0% 0%
P/E ratio 9.8x 8.4x 7.1x 7.93x 13.2x 10.7x 9.66x 8.8x
PBR 0.69x 0.73x 0.85x 0.98x 1.39x 1.56x 1.46x 1.36x
PEG - 0.4x 0.1x 0.9x -4.09x 0.4x 0.9x 0.9x
Capitalization / Revenue 2.47x 2.37x 2.33x 2.64x 3.81x 3.91x 3.82x 3.63x
EV / Revenue 0x 0x 0x 0x 0x 3.91x 3.82x 3.63x
EV / EBITDA - - - - - - - -
EV / EBIT 0x 0x 0x 0x 0x 7.83x 7.44x 7.06x
EV / FCF - - - - - - - -
FCF Yield - - - - - - - -
Dividend per Share 2 0.25 0.32 0.61 0.87 0.75 0.8185 0.8743 0.9606
Rate of return 4.12% 5.15% 7.54% 8.85% 4.75% 4.91% 5.24% 5.76%
EPS 2 0.62 0.74 1.14 1.24 1.2 1.551 1.725 1.894
Distribution rate 40.3% 43.2% 53.5% 70.2% 62.5% 52.8% 50.7% 50.7%
Net sales 1 49,552 51,727 66,058 65,854 71,020 72,993 74,747 78,643
EBITDA - - - - - - - -
EBIT 1 14,932 18,397 33,988 32,811 34,592 36,489 38,402 40,482
Net income 1 12,607 14,822 22,432 22,917 21,102 26,698 28,681 31,171
Net Debt - - - - - - - -
Reference price 2 6.07 6.21 8.09 9.83 15.80 16.67 16.67 16.67
Nbr of stocks (in thousands) 20,114,611 19,735,210 18,986,604 17,662,246 17,146,495 17,139,886 - -
Announcement Date 22/02/22 21/02/23 21/02/24 19/02/25 25/02/26 - - -
1USD in Million2USD
Estimates

P/E ratio, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
10.75x - - 4.91% 286B
13.3x - - 2.21% 781B
5.66x - - 5.49% 349B
11.22x - - 2.47% 349B
5.42x - - 5.51% 271B
11.51x - - 2.34% 248B
5.44x - - 5.58% 235B
14.23x - - 3.02% 228B
26.49x - - 2.93% 202B
14.11x - - 2.73% 198B
Average 11.81x 3.72% 314.64B
Weighted average by Cap. 11.55x 3.53%

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

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