Company Valuation: PLDT Inc.

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 391,493 284,545 276,335 279,792 272,230 257,106 - -
Change - -27.32% -2.89% 1.25% -2.7% -5.56% - -
Enterprise Value (EV) 1 639,381 507,935 514,956 551,367 556,923 546,226 526,322 511,293
Change - -20.56% 1.38% 7.07% 1.01% -1.92% -3.64% -2.86%
P/E 14.9x 27.3x 10.4x 8.68x 9.09x 8.17x 7.89x 7.55x
PBR 3.18x 2.62x 2.63x 2.42x 2.15x 1.87x 1.69x 1.61x
PEG - -0.5x 0x 0.4x -1.28x 1.59x 2.23x 1.68x
Capitalization / Revenue 2.03x 1.39x 1.31x 1.29x 1.25x 1.15x 1.13x 1.1x
EV / Revenue 3.31x 2.47x 2.44x 2.54x 2.55x 2.45x 2.31x 2.19x
EV / EBITDA 6.65x 5.06x 4.94x 5.08x 5.01x 4.87x 4.55x 4.37x
EV / EBIT 14.5x -92.3x 9.81x 10.9x 11.1x 10x 9.35x 8.79x
EV / FCF -52.6x -28.9x 54.2x 34.3x 22.2x 7.99x 9.18x 8.71x
FCF Yield -1.9% -3.47% 1.84% 2.91% 4.51% 12.5% 10.9% 11.5%
Dividend per Share 2 84 134 95 97 94 93.17 97.57 103.5
Rate of return 4.64% 10.2% 7.43% 7.49% 7.46% 7.83% 8.2% 8.7%
EPS 2 121.8 48.26 122.9 149.3 138.6 145.7 150.9 157.7
Distribution rate 69% 278% 77.3% 65% 67.8% 63.9% 64.7% 65.6%
Net sales 1 193,257 205,245 210,953 216,833 218,388 223,275 228,236 233,178
EBITDA 1 96,169 100,478 104,297 108,515 111,231 112,063 115,673 117,052
EBIT 1 44,000 -5,501 52,483 50,487 50,348 54,359 56,321 58,138
Net income 1 26,367 10,485 26,614 32,307 30,011 32,465 33,450 34,605
Net Debt 1 247,888 223,390 238,621 271,575 284,693 289,120 269,215 254,186
Reference price 2 1,812.00 1,317.00 1,279.00 1,295.00 1,260.00 1,190.00 1,190.00 1,190.00
Nbr of stocks (in thousands) 216,056 216,056 216,056 216,056 216,056 216,056 - -
Announcement Date 03/03/22 23/03/23 07/03/24 27/02/25 26/02/26 - - -
1PHP in Million2PHP
Estimates

P/E, Detailed evolution



P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
8.17x2.45x4.87x7.83% 4.05B
10.03x2.45x6.44x6.24% 188B
12.52x2.09x5.39x4.3% 141B
13.9x1.89x8.23x3% 92.24B
13.87x2.07x5.18x2.38% 74.64B
14.17x2.56x7.98x5.41% 54.3B
22.38x5.15x18.81x4.87% 52.98B
14.09x2.64x5.83x4.53% 49.48B
9.44x1.73x5.21x5.48% 42.77B
25.65x3.42x7.51x3.94% 43.03B
Average 14.42x 2.64x 7.54x 4.8% 74.2B
Weighted average by Cap. 13.69x 2.50x 7.27x 4.64%

Y-o-Y evolution of P/E

Valuation ratios - P/E - PLDT Inc.

Historical PBR trend

Valuation ratios - PBR - PLDT Inc.

Evolution Enterprise Value / Sales

Valuation ratios - VE_REV - PLDT Inc.

Change in Enterprise Value/EBITDA

Valuation ratios - VE_EBITDA - PLDT Inc.


Year-on-year evolution of the Yield

Valuation ratios - Yield - PLDT Inc.