Company Valuation: South32 Limited

Data adjusted to current consolidation scope
Fiscal Period: June 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 10,205 12,533 11,346 11,019 8,563 14,084 - -
Change - 22.81% -9.47% -2.88% -22.29% 64.47% - -
Enterprise Value (EV) 1 9,784 11,995 11,829 11,781 8,440 14,029 13,955 13,721
Change - 22.6% -1.38% -0.41% -28.36% 66.22% -0.53% -1.68%
P/E ratio -53.6x 4.76x -65.9x -54.3x 40.6x 13.3x 9.26x 9.78x
PBR 1.15x 1.17x 1.22x 1.23x 0.97x 1.48x 1.37x 1.28x
PEG - -0x 1x -2.9x -0x 0x 0.2x -1.85x
Capitalization / Revenue 1.61x 1.35x 1.25x 1.33x 1.13x 2.09x 2.1x 2.1x
EV / Revenue 1.54x 1.29x 1.31x 1.42x 1.11x 2.08x 2.09x 2.05x
EV / EBITDA 6.26x 2.52x 4.67x 6.54x 4.38x 6.59x 5.33x 5.66x
EV / EBIT 11.6x 3.02x 7.32x 13.3x 6.97x 9.59x 7x 7.7x
EV / FCF 12x 4.84x 39x - 25x 66.6x 13.7x 12.1x
FCF Yield 8.33% 20.7% 2.56% - 4% 1.5% 7.31% 8.24%
Dividend per Share 2 0.049 0.227 0.081 0.035 0.06 0.0851 0.1181 0.1247
Rate of return 2.23% 8.36% 3.24% 1.43% 3.14% 2.71% 3.76% 3.96%
EPS 2 -0.041 0.57 -0.038 -0.045 0.047 0.236 0.3396 0.3216
Distribution rate -120% 39.8% -213% -77.8% 128% 36.1% 34.8% 38.8%
Net sales 1 6,337 9,269 9,050 8,296 7,610 6,751 6,693 6,692
EBITDA 1 1,564 4,755 2,534 1,802 1,928 2,130 2,621 2,422
EBIT 1 844 3,967 1,616 886 1,211 1,463 1,993 1,783
Net income 1 -195 2,669 -173 -203 213 934.4 1,330 1,310
Net Debt 1 -421 -538 483 762 -123 -54.37 -128.8 -363.1
Reference price 2 2.197 2.715 2.502 2.442 1.908 3.146 3.146 3.146
Nbr of stocks (in thousands) 46,45,432 46,16,755 45,33,946 45,12,457 44,88,409 44,77,228 - -
Announcement Date 18/08/21 24/08/22 23/08/23 28/08/24 27/08/25 - - -
1USD in Million2USD
Estimates

P/E ratio, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
13.51x2.11x6.68x2.67% 1.43TCr
16.64x3.91x6.98x3.59% 21TCr
11.78x2.92x6.29x4.98% 17TCr
13.32x0.43x6.05x2.68% 8.93TCr
13.13x4.09x6.88x3.79% 9.05TCr
16.81x6.19x14.05x0.05% 6.27TCr
27.2x2.94x7.53x1.38% 5.4TCr
17.03x3.2x6.77x0.62% 3.03TCr
11.35x3.94x5.73x4.61% 2.83TCr
17.84x6.04x11.14x3.64% 2.5TCr
Average 15.86x 3.58x 7.81x 2.8% 7.82TCr
Weighted average by Cap. 15.33x 3.44x 7.39x 3.29%

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

  1. Stock Market
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  3. S32 Stock
  4. Valuation South32 Limited
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