Company Valuation: Stockland

Data adjusted to current consolidation scope
Fiscal Period: June 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 11,100 8,605 9,603 9,933 12,835 10,431 - -
Change - -22.48% 11.6% 3.43% 29.22% -18.73% - -
Enterprise Value (EV) 1 14,692 12,699 13,239 13,944 17,367 15,398 15,547 15,659
Change - -13.57% 4.26% 5.32% 24.55% -11.34% 0.97% 0.72%
P/E 10.1x 6.26x 22x 32.8x 15.6x 11.9x 11.4x 10.7x
PBR 1.16x 0.83x 0.94x 1x 1.26x 0.98x 0.94x 0.9x
PEG - 0.3x -0.3x -1.1x 0x 2.25x 2.61x 1.71x
Capitalization / Revenue 4.03x 3.02x 3.42x 3.32x 4.1x 2.61x 2.55x 2.44x
EV / Revenue 5.33x 4.46x 4.71x 4.66x 5.55x 3.85x 3.8x 3.67x
EV / EBITDA 18.4x 16.2x 15.1x 16.6x 19.7x 14.9x 14.8x 13.7x
EV / EBIT 18.7x 16.6x 15.4x 17x 20.1x 15.1x 14.8x 13.9x
EV / FCF 22.9x 14.2x 42.8x 423x 53.4x 60.6x 23.2x 21.8x
FCF Yield 4.36% 7.06% 2.33% 0.24% 1.87% 1.65% 4.3% 4.58%
Dividend per Share 2 0.246 0.266 0.262 0.246 0.252 0.2511 0.2499 0.2563
Rate of return 5.28% 7.37% 6.5% 5.9% 4.7% 5.84% 5.81% 5.96%
EPS 2 0.462 0.577 0.183 0.127 0.343 0.3611 0.3769 0.4005
Distribution rate 53.2% 46.1% 143% 194% 73.5% 69.5% 66.3% 64%
Net sales 1 2,756 2,847 2,808 2,989 3,131 4,003 4,092 4,268
EBITDA 1 797 784 878 838 882 1,035 1,053 1,139
EBIT 1 784 767 861 822 864 1,021 1,049 1,126
Net income 1 1,105 1,381 438 305 826 862.9 918.7 987.5
Net Debt 1 3,592 4,094 3,636 4,011 4,532 4,966 5,116 5,228
Reference price 2 4.660 3.610 4.030 4.170 5.360 4.300 4.300 4.300
Nbr of stocks (in thousands) 23,82,024 23,83,654 23,82,994 23,81,896 23,94,542 24,25,901 - -
Announcement Date 19/08/21 18/08/22 23/08/23 21/08/24 19/08/25 - - -
1AUD in Million2AUD
Estimates

P/E, Detailed evolution

P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
11.74x3.81x14.73x5.92% 719.79Cr
15.87x4.99x13.43x3.19% 4.52TCr
18.46x3.97x16.19x1.35% 2.84TCr
5.58x0.6x1.23x9.03% 2.67TCr
13.77x3.05x14.62x2.55% 2.56TCr
8.5x0.94x3.43x2.63% 2.17TCr
9.03x2.33x7.17x3.86% 2.13TCr
14.05x6.62x17.72x1.52% 2.06TCr
10.26x1.65x14.29x3.68% 1.87TCr
16.39x9.6x18.19x5.05% 1.75TCr
Average 12.37x 3.76x 12.10x 3.88% 2.33TCr
Weighted average by Cap. 12.76x 3.71x 11.84x 3.69%

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