HALEON PLC |
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 325.1 GBX | +0.12% |
|
+0.65% | +1.07% |
| Jun. 01 | Delaware judge lets more than 70,000 Zantac lawsuits go forward | RE |
| May. 21 | Bernstein becomes more optimistic for consumer goods - Henkel upgraded | DP |
Valuation
| Fiscal Period: December | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|
| Capitalization 1 | 30,229 | 29,703 | 29,689 | - | - |
| Enterprise Value (EV) 1 | 40,097 | 38,217 | 37,509 | 36,768 | 36,169 |
| P/E ratio | 28.5 x | 28.5 x | 20.3 x | 17.6 x | 16.4 x |
| Yield | - | 1.87% | 1.9% | 2.19% | 2.39% |
| Capitalization / Revenue | 2.78 x | 2.63 x | 2.59 x | 2.49 x | 2.38 x |
| EV / Revenue | 3.69 x | 3.38 x | 3.28 x | 3.08 x | 2.9 x |
| EV / EBITDA | 14.7 x | 13.5 x | 13.1 x | 12.1 x | 11.4 x |
| EV / FCF | 22.8 x | 20.5 x | 25.4 x | 21.6 x | 19.7 x |
| FCF Yield | 4.39% | 4.88% | 3.94% | 4.62% | 5.07% |
| Price to Book | 1.85 x | 1.79 x | 1.74 x | 1.64 x | 1.55 x |
| Nbr of stocks (in thousands) | 9,234,574 | 9,234,574 | 9,132,301 | - | - |
| Reference price 2 | 3.274 | 3.216 | 3.251 | 3.251 | 3.251 |
| Announcement Date | 3/2/23 | 2/29/24 | - | - | - |
1GBP in Million2GBP
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|
| Net sales 1 | 10,858 | 11,302 | 11,448 | 11,928 | 12,464 |
| EBITDA 1 | 2,730 | 2,831 | 2,868 | 3,028 | 3,176 |
| EBIT 1 | 1,825 | 2,549 | 2,587 | 2,727 | 2,886 |
| Operating Margin | 16.81% | 22.55% | 22.59% | 22.86% | 23.16% |
| Earnings before Tax (EBT) 1 | 1,618 | 1,628 | 2,014 | 2,344 | 2,524 |
| Net income 1 | 1,060 | 1,049 | 1,461 | 1,686 | 1,815 |
| Net margin | 9.76% | 9.28% | 12.76% | 14.13% | 14.57% |
| EPS 2 | 0.1150 | 0.1130 | 0.1605 | 0.1843 | 0.1977 |
| Free Cash Flow 1 | 1,759 | 1,866 | 1,480 | 1,700 | 1,833 |
| FCF margin | 16.2% | 16.51% | 12.92% | 14.26% | 14.71% |
| FCF Conversion (EBITDA) | 64.43% | 65.91% | 51.59% | 56.16% | 57.71% |
| FCF Conversion (Net income) | 165.94% | 177.88% | 101.29% | 100.88% | 100.97% |
| Dividend per Share 2 | - | 0.0600 | 0.0617 | 0.0712 | 0.0777 |
| Announcement Date | 3/2/23 | 2/29/24 | - | - | - |
1GBP in Million2GBP
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: December | 2022 Q1 | 2022 Q2 | 2022 S1 | 2022 Q3 | 2022 Q4 | 2022 S2 | 2023 Q1 | 2023 Q2 | 2023 S1 | 2023 Q3 | 2023 Q4 | 2023 S2 | 2024 Q1 | 2024 Q2 | 2024 S1 | 2024 Q3 | 2024 Q4 | 2024 S2 | 2025 Q1 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 2,627 | - | 5,188 | 2,892 | 2,778 | 5,670 | 2,986 | 2,752 | 5,738 | 2,798 | 2,766 | 5,564 | 2,919 | 2,765 | 5,689 | 2,915 | 4,774 | 5,753 | - |
| EBITDA | - | - | - | - | - | - | - | - | 1,406 | - | - | 1,425 | - | - | 1,407 | - | - | 1,486 | - |
| EBIT 1 | - | - | - | 569 | 356 | - | 627 | 644 | 1,271 | 689 | 589 | 1,278 | 655 | 586.6 | 1,269 | 673.3 | 1,965 | 1,346 | - |
| Operating Margin | - | - | - | 19.67% | 12.81% | - | 21% | 23.4% | 22.15% | 24.62% | 21.29% | 22.97% | 22.44% | 21.21% | 22.31% | 23.1% | 41.16% | 23.4% | - |
| Earnings before Tax (EBT) | - | - | - | - | - | - | - | - | - | - | 172 | - | - | 434 | - | 550 | 269 | - | - |
| Net income 1 | 343 | - | - | - | - | - | - | 298 | - | 365 | -3 | - | 423 | 310 | - | 403.6 | 558.3 | - | - |
| Net margin | 13.06% | - | - | - | - | - | - | 10.83% | - | 13.05% | -0.11% | - | 14.49% | 11.21% | - | 13.85% | 11.7% | - | - |
| EPS 2 | - | 0.0189 | - | 0.0400 | - | - | - | 0.0320 | - | 0.0390 | - | - | 0.0460 | 0.0340 | - | 0.0445 | 0.0810 | - | - |
| Dividend per Share 2 | - | - | - | - | - | - | - | - | 0.0180 | - | - | 0.0420 | - | - | 0.0220 | - | 0.0651 | 0.0470 | - |
| Announcement Date | 6/1/22 | 9/29/22 | 9/29/22 | 11/10/22 | 3/2/23 | 3/2/23 | 5/3/23 | 8/2/23 | 8/2/23 | 11/2/23 | 2/29/24 | 2/29/24 | 5/1/24 | - | - | - | - | - | - |
1GBP in Million2GBP
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|
| Net Debt 1 | 9,868 | 8,514 | 7,820 | 7,079 | 6,480 |
| Net Cash position 1 | - | - | - | - | - |
| Leverage (Debt/EBITDA) | 3.615 x | 3.007 x | 2.727 x | 2.338 x | 2.04 x |
| Free Cash Flow 1 | 1,759 | 1,866 | 1,480 | 1,700 | 1,833 |
| ROE (net income / shareholders' equity) | 4.97% | 6.37% | 9.76% | 10.1% | 10.3% |
| ROA (Net income/ Total Assets) | 3.06% | 3.05% | 4.46% | 4.72% | 4.99% |
| Assets 1 | 34,633 | 34,435 | 32,789 | 35,723 | 36,363 |
| Book Value Per Share 2 | 1.770 | 1.790 | 1.870 | 1.980 | 2.100 |
| Cash Flow per Share 2 | 0.2200 | 0.2300 | 0.1700 | 0.2100 | 0.2400 |
| Capex 1 | 304 | 234 | 338 | 342 | 368 |
| Capex / Sales | 2.8% | 2.07% | 2.95% | 2.87% | 2.95% |
| Announcement Date | 3/2/23 | 2/29/24 | - | - | - |
1GBP in Million2GBP
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Year-on-year evolution of the Yield
Change in Enterprise Value/EBITDA
Trading Rating
Investor Rating
ESG Refinitiv
B
Sell
Buy
Mean consensus
OUTPERFORM
Number of Analysts
17
Last Close Price
3.251
GBP
Average target price
3.62
GBP
Spread / Average Target
+11.35%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| +1.07% | 37.78B | |
| +40.73% | 739B | |
| +32.83% | 598B | |
| -6.30% | 353B | |
| +15.15% | 318B | |
| +4.05% | 285B | |
| +15.00% | 240B | |
| -5.52% | 206B | |
| +6.17% | 164B | |
| -0.45% | 162B |
- Stock Market
- Equities
- HLN Stock
- Financials Haleon plc
