Company Valuation: Glencore plc

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 66,484 84,943 73,181 53,787 64,096 86,511 - -
Change - 27.77% -13.85% -26.5% 19.17% 34.97% - -
Enterprise Value (EV) 1 97,884 111,797 103,497 90,192 103,501 122,749 119,621 116,342
Change - 14.21% -7.42% -12.86% 14.76% 18.6% -2.55% -2.74%
P/E 13.4x 5x 17.7x -34x 182x 11.8x 12x 11.8x
PBR 1.82x 1.89x 1.69x 1.2x 1.68x 2.12x 1.99x 1.83x
PEG - 0x -0.2x 0x -1x 0x -7.37x 10.37x
Capitalization / Revenue 0.33x 0.33x 0.34x 0.23x 0.26x 0.27x 0.3x 0.3x
EV / Revenue 0.48x 0.44x 0.48x 0.39x 0.42x 0.38x 0.42x 0.41x
EV / EBITDA 4.59x 3.28x 6.05x 6.28x 7.67x 6.02x 5.72x 5.6x
EV / EBIT 6.75x 4.19x 9.96x 13x 17.3x 9.01x 8.96x 9.09x
EV / FCF 18.7x 11.8x 15.8x 20.3x -357x 20.5x 14.6x 17x
FCF Yield 5.36% 8.48% 6.33% 4.93% -0.28% 4.88% 6.84% 5.87%
Dividend per Share 2 0.26 0.44 0.13 0.1 0.1 0.2549 0.2509 0.2703
Rate of return 5.12% 6.61% 2.16% 2.26% 1.83% 3.46% 3.4% 3.67%
EPS 2 0.38 1.33 0.34 -0.13 0.03 0.626 0.6158 0.6228
Distribution rate 68.4% 33.1% 38.2% -76.9% 333% 40.7% 40.7% 43.4%
Net sales 1 203,751 255,984 217,829 230,944 247,535 326,431 287,360 284,614
EBITDA 1 21,323 34,060 17,102 14,358 13,500 20,401 20,915 20,769
EBIT 1 14,495 26,657 10,392 6,938 5,978 13,620 13,352 12,806
Net income 1 4,974 17,320 4,280 -1,634 400 7,421 7,311 7,288
Net Debt 1 31,400 26,854 30,316 36,405 39,405 36,239 33,110 29,831
Reference price 2 5.077 6.656 6.013 4.424 5.472 7.371 7.371 7.371
Nbr of stocks (in thousands) 13,094,998 12,762,238 12,169,709 12,157,132 11,713,994 11,736,770 - -
Announcement Date 15/02/22 15/02/23 21/02/24 19/02/25 18/02/26 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
16.47x3.89x7.03x3.58% 215B
11.22x2.77x6.05x5.25% 161B
14.85x4.27x7.04x3.21% 98.27B
11.78x0.38x6.02x3.46% 86.51B
25.37x6.24x16.25x-.--% 62.7B
51.66x3.18x7.79x2.27% 57.75B
15.73x3.2x6.3x0.58% 32.38B
12.35x3.92x6.04x5.05% 26.69B
12.65x4.56x8.01x3.92% 24.91B
Average 19.12x 3.60x 7.84x 3.04% 85.06B
Weighted average by Cap. 17.71x 3.44x 7.49x 3.42%

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