HALEON PLC |
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 334.4 GBX | +0.87% |
|
+2.64% | +3.96% |
| Apr. 25 | Moody’s Affirms Haleon’s Ratings on Strong Operating Performance | MT |
| Apr. 24 | Haleon: a new CFO at the end of October | CF |
Valuation
| Fiscal Period: December | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|
| Capitalization 1 | 30,229 | 29,703 | 30,538 | - | - |
| Enterprise Value (EV) 1 | 40,097 | 38,217 | 38,384 | 37,643 | 37,089 |
| P/E ratio | 28.5 x | 28.5 x | 20.7 x | 18.1 x | 16.9 x |
| Yield | - | 1.87% | 1.88% | 2.15% | 2.39% |
| Capitalization / Revenue | 2.78 x | 2.63 x | 2.67 x | 2.56 x | 2.45 x |
| EV / Revenue | 3.69 x | 3.38 x | 3.35 x | 3.15 x | 2.97 x |
| EV / EBITDA | 14.7 x | 13.5 x | 13.4 x | 12.5 x | 11.7 x |
| EV / FCF | 22.8 x | 20.5 x | 26.2 x | 22.1 x | 20.4 x |
| FCF Yield | 4.39% | 4.88% | 3.81% | 4.53% | 4.89% |
| Price to Book | 1.85 x | 1.79 x | 1.79 x | 1.69 x | 1.59 x |
| Nbr of stocks (in thousands) | 9,234,574 | 9,234,574 | 9,132,301 | - | - |
| Reference price 2 | 3.274 | 3.216 | 3.344 | 3.344 | 3.344 |
| 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 | 11,447 | 11,931 | 12,473 |
| EBITDA 1 | 2,730 | 2,831 | 2,866 | 3,019 | 3,167 |
| EBIT 1 | 1,825 | 2,549 | 2,582 | 2,717 | 2,876 |
| Operating Margin | 16.81% | 22.55% | 22.56% | 22.77% | 23.05% |
| Earnings before Tax (EBT) 1 | 1,618 | 1,628 | 2,043 | 2,346 | 2,443 |
| Net income 1 | 1,060 | 1,049 | 1,471 | 1,693 | 1,798 |
| Net margin | 9.76% | 9.28% | 12.85% | 14.19% | 14.42% |
| EPS 2 | 0.1150 | 0.1130 | 0.1616 | 0.1846 | 0.1975 |
| Free Cash Flow 1 | 1,759 | 1,866 | 1,464 | 1,706 | 1,815 |
| FCF margin | 16.2% | 16.51% | 12.79% | 14.3% | 14.55% |
| FCF Conversion (EBITDA) | 64.43% | 65.91% | 51.09% | 56.53% | 57.29% |
| FCF Conversion (Net income) | 165.94% | 177.88% | 99.55% | 100.78% | 100.9% |
| Dividend per Share 2 | - | 0.0600 | 0.0630 | 0.0720 | 0.0800 |
| 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 | 2,941 | 2,778 | 5,668 | 2,908 | 2,870 | 5,761 | - |
| EBITDA | - | - | - | - | - | - | - | - | 1,406 | - | - | 1,425 | - | - | - | - | - | - | - |
| EBIT 1 | - | - | - | 569 | 356 | - | 627 | 644 | 1,271 | 689 | 589 | 1,278 | 590 | 476 | - | 638 | 439 | - | - |
| Operating Margin | - | - | - | 19.67% | 12.81% | - | 21% | 23.4% | 22.15% | 24.62% | 21.29% | 22.97% | 20.06% | 17.13% | - | 21.94% | 15.29% | - | - |
| Earnings before Tax (EBT) | - | - | - | - | - | - | - | - | - | - | 172 | - | - | - | - | - | - | - | - |
| Net income 1 | 343 | - | - | - | - | - | - | 298 | - | 365 | -3 | - | 368.2 | 322.6 | - | 461 | 359.6 | - | - |
| Net margin | 13.06% | - | - | - | - | - | - | 10.83% | - | 13.05% | -0.11% | - | 12.52% | 11.61% | - | 15.85% | 12.53% | - | - |
| EPS 2 | - | 0.0189 | - | 0.0400 | - | - | - | 0.0320 | - | 0.0390 | - | - | 0.0404 | 0.0354 | - | 0.0505 | 0.0394 | - | - |
| Dividend per Share 2 | - | - | - | - | - | - | - | - | 0.0180 | - | - | 0.0420 | - | - | 0.0220 | - | 0.0643 | 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 | - | - | - | - | - | - | - |
1GBP in Million2GBP
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|
| Net Debt 1 | 9,868 | 8,514 | 7,846 | 7,105 | 6,551 |
| Net Cash position 1 | - | - | - | - | - |
| Leverage (Debt/EBITDA) | 3.615 x | 3.007 x | 2.738 x | 2.354 x | 2.068 x |
| Free Cash Flow 1 | 1,759 | 1,866 | 1,464 | 1,706 | 1,815 |
| ROE (net income / shareholders' equity) | 4.97% | 6.37% | 9.76% | 10% | 10.3% |
| ROA (Net income/ Total Assets) | 3.06% | 3.05% | 4.48% | 4.77% | 5.07% |
| Assets 1 | 34,633 | 34,435 | 32,797 | 35,477 | 35,484 |
| Book Value Per Share 2 | 1.770 | 1.790 | 1.860 | 1.980 | 2.100 |
| Cash Flow per Share 2 | 0.2200 | 0.2300 | 0.1600 | 0.2100 | 0.2300 |
| 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
3.344
GBP
Average target price
3.594
GBP
Spread / Average Target
+7.47%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| +3.96% | 38.04B | |
| +25.83% | 661B | |
| +27.00% | 566B | |
| -6.76% | 352B | |
| +20.34% | 332B | |
| +3.00% | 283B | |
| +13.09% | 231B | |
| +5.46% | 200B | |
| -9.61% | 195B | |
| -6.26% | 145B |
- Stock Market
- Equities
- HLN Stock
- Financials Haleon plc
