Company Valuation: Stockland

Data adjusted to current consolidation scope
Fiscal Period: June 2022 2023 2024 2025 2026 2027 2028 2029
Market Cap 1 8,605 9,603 9,933 12,835 9,898 10,812 - -
Change - 11.6% 3.43% 29.22% -22.88% 9.23% - -
Enterprise Value (EV) 1 12,699 13,239 13,944 17,367 9,898 15,138 15,216 15,287
Change - 4.26% 5.32% 24.55% -43.01% 52.95% 0.51% 0.47%
P/E 6.26x 22x 32.8x 15.6x 9.95x 11.5x 10.9x 9.76x
PBR 0.83x 0.94x 1x 1.26x - 0.99x 0.94x 0.9x
PEG - -0.3x -1.1x 0x 0.5x -2.05x 1.98x 0.8x
Capitalization / Revenue 3.02x 3.42x 3.32x 4.1x 2.76x 2.88x 2.79x 3.17x
EV / Revenue 4.46x 4.71x 4.66x 5.55x 2.76x 4.03x 3.93x 4.48x
EV / EBITDA 16.2x 15.1x 16.6x 19.7x 8.15x 14.1x 13.3x 12.4x
EV / EBIT 16.6x 15.4x 17x 20.1x 8.74x 14.6x 13.8x 12.9x
EV / FCF 14.2x 42.8x 423x 53.4x - 20.4x 19.9x 17x
FCF Yield 7.06% 2.33% 0.24% 1.87% - 4.9% 5.04% 5.89%
Dividend per Share 2 0.266 0.262 0.246 0.252 - 0.2526 0.2603 0.2702
Rate of return 7.37% 6.5% 5.9% 4.7% - 5.66% 5.84% 6.06%
EPS 2 0.577 0.183 0.127 0.343 0.41 0.387 0.4083 0.457
Distribution rate 46.1% 143% 194% 73.5% - 65.3% 63.7% 59.1%
Net sales 1 2,847 2,808 2,989 3,131 3,589 3,752 3,869 3,413
EBITDA 1 784 878 838 882 1,214 1,070 1,141 1,237
EBIT 1 767 861 822 864 1,133 1,036 1,103 1,187
Net income 1 1,381 438 305 826 994 942.7 995.7 1,112
Net Debt 1 4,094 3,636 4,011 4,532 - 4,327 4,404 4,476
Reference price 2 3.610 4.030 4.170 5.360 4.080 4.460 4.460 4.460
Nbr of stocks (in thousands) 23,83,654 23,82,994 23,81,896 23,94,542 24,25,901 24,24,131 - -
Announcement Date 18/08/22 23/08/23 21/08/24 19/08/25 18/08/26 - - -
1AUD in Million2AUD
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
11.53x4.03x14.15x5.66% 773.59Cr
18.87x4.09x16.54x1.29% 2.89TCr
5.41x0.63x1.33x9.24% 2.6TCr
14.39x3.15x15.03x2.44% 2.61TCr
7.99x0.88x3.22x2.8% 2.04TCr
13.57x6.57x17.43x1.58% 1.96TCr
33.46x15.57x53.84x1.22% 1.76TCr
35.32x13.06x32.82x3.34% 1.71TCr
7.47x1.77x5.46x2.84% 1.64TCr
9.4x27.83x - 2.34% 1.6TCr
Average 15.74x 7.76x 17.76x 3.28% 1.96TCr
Weighted average by Cap. 15.55x 6.98x 16.79x 3.25%

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