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 (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
11.96x3.86x14.92x5.81% 737.19Cr
15.07x4.79x12.88x3.36% 4.29TCr
8.64x1.5x7.82x4.11% 2.99TCr
19.16x4.05x16.54x1.3% 2.92TCr
5.84x0.68x1.41x8.62% 2.79TCr
13.76x3.05x14.62x2.55% 2.53TCr
8.35x0.93x3.37x2.68% 2.14TCr
8.86x2.28x7.02x3.94% 2.09TCr
14.22x6.72x18.27x1.5% 2.07TCr
10.12x1.64x14.19x3.73% 1.84TCr
Average 11.60x 2.95x 11.10x 3.76% 2.44TCr
Weighted average by Cap. 11.92x 2.99x 10.85x 3.66%

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