Company Valuation: State Street Corporation

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 34,004 28,464 23,903 28,773 36,034 46,322 - -
Change - -16.29% -16.02% 20.37% 25.24% 28.55% - -
Enterprise Value (EV) 1 49,182 46,734 48,269 65,566 61,406 78,881 79,683 80,772
Change - -4.98% 3.29% 35.83% -6.34% 28.46% 1.02% 1.37%
P/E Ratio 12.9x 10.8x 13.9x 12x 13.7x 13.9x 12.3x 11.1x
PBR 1.24x 1.07x 0.98x 1.26x 1.48x 1.81x 1.67x 1.6x
PEG - - -0.6x 0.3x 0.9x 0.5x 0.9x 1.1x
Capitalization / Revenue 2.83x 2.34x 2x 2.21x 2.58x 3.05x 2.93x 2.79x
EV / Revenue 4.09x 3.85x 4.04x 5.04x 4.4x 5.2x 5.04x 4.86x
EV / EBITDA - - - - - - - -
EV / EBIT 14.6x 13x 16.2x 18.9x 16.2x 17x 16.2x 16.6x
EV / FCF - - - - - - - -
FCF Yield - - - - - - - -
Dividend per Share 2 2.18 2.4 2.64 2.9 3.2 3.464 3.682 3.896
Rate of return 2.34% 3.09% 3.41% 2.95% 2.48% 2.07% 2.2% 2.33%
EPS 2 7.19 7.19 5.58 8.21 9.4 12.05 13.65 15.05
Distribution rate 30.3% 33.4% 47.3% 35.3% 34% 28.7% 27% 25.9%
Net sales 1 12,027 12,148 11,945 13,000 13,944 15,176 15,817 16,625
EBITDA - - - - - - - -
EBIT 1 3,378 3,604 2,987 3,470 3,790 4,645 4,926 4,860
Net income 1 2,572 2,660 1,821 2,483 2,717 3,354 3,663 3,978
Net Debt 1 15,178 18,270 24,366 36,793 25,372 32,558 33,360 34,450
Reference price 2 93.00 77.57 77.46 98.15 129.01 167.37 167.37 167.37
Nbr of stocks (in thousands) 3,65,629 3,66,940 3,08,584 2,93,151 2,79,312 2,76,767 - -
Announcement Date 19/01/22 20/01/23 19/01/24 17/01/25 16/01/26 - - -
1USD in Million2USD
Estimates

P/E Ratio, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
13.89x5.2x - 2.07% 4.63TCr
21.28x5.68x12.55x2.18% 16TCr
15x3.43x - 2.45% 15TCr
16.31x7.25x - 1.55% 9.78TCr
25.13x12.29x17.66x4.12% 7.7TCr
10.87x1.55x4.83x1.45% 4.13TCr
15.39x5.24x16.39x1.88% 3.2TCr
4.26x4.38x4.36x4.15% 3.13TCr
12.22x2.54x6.44x4.79% 2.33TCr
Average 14.93x 5.29x 10.37x 2.74% 7.36TCr
Weighted average by Cap. 16.99x 5.68x 12.00x 2.49%

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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