Company Valuation: Capitec Limited

Data adjusted to current consolidation scope
Fiscal Period: February 2022 2023 2024 2025 2026 2027 2028 2029
Market Cap 1 239,851 203,698 233,629 356,035 549,409 535,183 - -
Change - -15.07% 14.69% 52.39% 54.31% -2.59% - -
Enterprise Value (EV) 239,851 203,698 233,629 356,035 549,409 535,183 535,183 535,183
Change - -15.07% 14.69% 52.39% 54.31% -2.59% 0% 0%
P/E 28.2x 20.9x 22.1x 25.9x 32.6x 26.9x 22.9x 19.5x
PBR 6.72x 5.2x - 6.99x 9.23x 7.7x 6.62x 5.66x
PEG - 1.5x 2.49x 0.9x 1.5x 1.5x 1.3x 1.1x
Capitalization / Revenue 8.9x 6.72x 6.48x 8.08x 10.5x 8.95x 7.82x 6.84x
EV / Revenue 0x 0x 0x 0x 0x 8.95x 7.82x 6.84x
EV / EBITDA - - - - - - - -
EV / EBIT 0x 0x 0x 0x 0x 15.6x 13.6x 12.3x
EV / FCF - - - - - - - -
FCF Yield - - - - - - - -
Dividend per Share 2 36.4 42 48.75 65.1 79.8 94.62 115.1 132.6
Rate of return 1.75% 2.39% 2.42% 2.12% 1.68% 2.05% 2.49% 2.87%
EPS 2 73.6 83.92 91.37 118.8 145.4 171.8 201.8 237.1
Distribution rate 49.5% 50% 53.4% 54.8% 54.9% 55.1% 57% 55.9%
Net sales 1 26,961 30,307 36,043 44,067 52,421 59,810 68,464 78,223
EBITDA - - - - - - - -
EBIT 1 14,406 18,431 22,102 25,968 32,183 34,283 39,412 43,428
Net income 1 8,523 9,707 10,567 13,742 16,833 19,945 23,491 27,522
Net Debt - - - - - - - -
Reference price 2 2,074.35 1,754.51 2,017.77 3,074.37 4,743.54 4,620.00 4,620.00 4,620.00
Nbr of stocks (in thousands) 115,627 116,100 115,786 115,808 115,823 115,840 - -
Announcement Date 12/4/22 18/4/23 23/4/24 23/4/25 22/4/26 - - -
1ZAR in Million2ZAR
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
13.48x - - 1.9% 892B
6.25x - - 4.97% 433B
6.8x - - 4.67% 381B
11.54x - - 2.36% 351B
6.36x - - 4.89% 344B
6.78x - - 4.71% 316B
10.55x - - 4.93% 294B
17.59x - - 2.39% 281B
11.26x - - 2.3% 248B
Average 10.07x 3.68% 393.22B
Weighted average by Cap. 10.32x 3.48%

Y-o-Y evolution of P/E

Valuation ratios - P/E - Capitec Limited

Historical PBR trend

Valuation ratios - PBR - Capitec Limited

Evolution Enterprise Value / Sales

Valuation ratios - VE_REV - Capitec Limited

Change in Enterprise Value/EBITDA

Valuation ratios - VE_EBITDA - Capitec Limited


Year-on-year evolution of the Yield

Valuation ratios - Yield - Capitec Limited