Company Valuation: Glencore plc

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Capitalization 1 66,484 84,943 73,181 53,787 64,096 89,630 - -
Change - 27.77% -13.85% -26.5% 19.17% 39.84% - -
Enterprise Value (EV) 1 97,884 111,797 103,497 90,192 103,501 123,270 119,182 116,353
Change - 14.21% -7.42% -12.86% 14.76% 19.1% -3.32% -2.37%
P/E ratio 13.4x 5x 17.7x -34x 182x 14x 14x 13.9x
PBR 1.82x 1.89x 1.69x 1.2x 1.68x 2.18x 2.02x 1.91x
PEG - 0x -0.2x 0x -1x 0x -100.54x 13.08x
Capitalization / Revenue 0.33x 0.33x 0.34x 0.23x 0.26x 0.32x 0.33x 0.33x
EV / Revenue 0.48x 0.44x 0.48x 0.39x 0.42x 0.44x 0.44x 0.43x
EV / EBITDA 4.59x 3.28x 6.05x 6.28x 7.67x 6.23x 6.03x 5.88x
EV / EBIT 6.75x 4.19x 9.96x 13x 17.3x 9.93x 10x 9.53x
EV / FCF 18.7x 11.8x 15.8x 20.3x -357x 18.4x 21.9x 19.6x
FCF Yield 5.36% 8.48% 6.33% 4.93% -0.28% 5.44% 4.57% 5.1%
Dividend per Share 2 0.26 0.44 0.13 0.1 0.1 0.2014 0.1768 0.2414
Rate of return 5.12% 6.61% 2.16% 2.26% 1.83% 2.63% 2.31% 3.16%
EPS 2 0.38 1.33 0.34 -0.13 0.03 0.5458 0.545 0.5508
Distribution rate 68.4% 33.1% 38.2% -76.9% 333% 36.9% 32.4% 43.8%
Net sales 1 203,751 255,984 217,829 230,944 247,535 281,008 271,140 271,381
EBITDA 1 21,323 34,060 17,102 14,358 13,500 19,780 19,759 19,801
EBIT 1 14,495 26,657 10,392 6,938 5,978 12,408 11,910 12,210
Net income 1 4,974 17,320 4,280 -1,634 400 6,217 6,103 6,309
Net Debt 1 31,400 26,854 30,316 36,405 39,405 33,640 29,552 26,723
Reference price 2 5.077 6.656 6.013 4.424 5.472 7.651 7.651 7.651
Nbr of stocks (in thousands) 13,094,998 12,762,238 12,169,709 12,157,132 11,713,994 11,715,401 - -
Announcement Date 15/02/22 15/02/23 21/02/24 19/02/25 18/02/26 - - -
1USD in Million2USD
Estimates

P/E ratio, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
14.02x0.44x6.23x2.63% 89.63B
17.14x4.05x7.24x3.46% 220B
12.44x3.05x6.52x4.71% 179B
13.39x4.09x7.03x3.87% 90.67B
22.51x6.54x15.17x0.05% 66.36B
29.71x2.99x7.78x1.81% 54.71B
12.63x4.5x6.49x4.14% 32.74B
17.09x3.15x6.77x0.62% 30.01B
20.17x6.83x12.59x3.22% 28.07B
22.55x5.11x9.51x0.27% 24.03B
Average 18.17x 4.07x 8.53x 2.48% 81.49B
Weighted average by Cap. 16.71x 3.68x 7.83x 3.12%

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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