Company Valuation: Servcorp Limited

Data adjusted to current consolidation scope
Fiscal Period: June 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 338.9 319.5 290.5 402.5 566.9 673.8 - -
Change - -5.71% -9.09% 38.59% 40.83% 18.85% - -
Enterprise Value (EV) 1 593.8 529.5 552.9 670.4 798.6 703.7 674.4 635
Change - -10.83% 4.42% 21.25% 19.11% -11.87% -4.18% -5.84%
P/E 15.2x 11.4x 26.3x 10.3x 10.9x 10.1x 9.25x 8.65x
PBR 1.69x 1.61x 1.55x 2.07x 2.43x 2.55x 2.18x 1.89x
PEG - 0.4x -0.4x 0x 0.3x 0.4x 1.03x 1.26x
Capitalization / Revenue 1.26x 1.18x 0.99x 1.28x 1.62x 1.81x 1.69x 1.6x
EV / Revenue 2.2x 1.95x 1.89x 2.13x 2.29x 1.89x 1.69x 1.51x
EV / EBITDA 3.83x 9.85x 9.37x 9.1x 8.9x 3.22x 2.82x 2.49x
EV / EBIT 19.8x 15.5x 14.2x 12.3x 11.7x 7.1x 6.3x 5.49x
EV / FCF - - - - - 9.64x 7.49x 6.29x
FCF Yield - - - - - 10.4% 13.3% 15.9%
Dividend per Share 2 0.18 0.2 0.22 0.25 0.28 0.32 0.3478 0.3806
Rate of return 5.14% 6.06% 7.33% 6.11% 4.89% 4.74% 5.15% 5.64%
EPS 2 0.23 0.289 0.114 0.399 0.527 0.67 0.73 0.78
Distribution rate 78.3% 69.2% 193% 62.7% 53.1% 47.8% 47.6% 48.8%
Net sales 1 269.7 271.6 292.5 314.1 349.4 372.5 398.6 420.3
EBITDA 1 155 53.76 59 73.63 89.75 218.4 239.4 255
EBIT 1 30 34.1 39 54.3 68.4 99.11 107 115.6
Net income 1 22.12 28.02 11.07 39.04 53.12 69.87 77.13 83.93
Net Debt 1 255 210 262.5 267.9 231.7 30 0.609 -38.79
Reference price 2 3.500 3.300 3.000 4.090 5.730 6.750 6.750 6.750
Nbr of stocks (in thousands) 96,818 96,818 96,818 98,420 98,935 99,815 - -
Announcement Date 25/08/21 24/08/22 23/08/23 22/08/24 14/08/25 - - -
1AUD in Million2AUD
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
10.07x1.89x3.22x4.74% 472M
17.08x14.47x20.61x2.56% 2.4B
15.74x15.38x24.09x3.71% 2.3B
8.98x12.98x14.88x6.51% 2.17B
19.69x15.55x18.13x2.18% 1.93B
13.42x6.53x18.71x4.38% 962M
127.64x3.6x5.63x - 917M
Average 30.38x 10.06x 15.04x 4.02% 1.59B
Weighted average by Cap. 24.15x 12.44x 17.65x 3.86%

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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  4. Valuation Servcorp Limited
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