Company Valuation: PPL Corporation

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 22,567 21,515 19,976 23,955 25,906 25,993 - -
Change - -4.66% -7.15% 19.92% 8.15% 0.34% - -
Enterprise Value (EV) 1 30,205 35,387 35,249 40,455 44,185 46,314 48,402 50,331
Change - 17.16% -0.39% 14.77% 9.22% 4.82% 4.51% 3.98%
P/E -15.6x 28.6x 27.1x 27.1x 22x 18x 16.4x 15.1x
PBR 1.61x 1.62x 1.43x 1.7x 1.77x 1.65x 1.55x 1.47x
PEG - -0x -13.82x 1.4x 0.7x 0.9x 1.69x 1.76x
Capitalization / Revenue 3.9x 2.72x 2.4x 2.83x 2.87x 2.68x 2.54x 2.4x
EV / Revenue 5.22x 4.48x 4.24x 4.78x 4.89x 4.78x 4.72x 4.64x
EV / EBITDA 11.9x 13.6x 11.9x 13.1x 12.5x 11.4x 10.6x 9.87x
EV / EBIT 21.2x 25.8x 21.6x 23.2x 20.8x 17.9x 16.8x 15.5x
EV / FCF 102x -83.3x -55.8x -87x -31.5x -26.1x -21.3x -23.8x
FCF Yield 0.98% -1.2% -1.79% -1.15% -3.17% -3.83% -4.7% -4.2%
Dividend per Share 2 1.66 0.875 0.96 1.03 1.09 1.143 1.207 1.271
Rate of return 5.52% 2.99% 3.54% 3.17% 3.11% 3.31% 3.49% 3.68%
EPS 2 -1.93 1.02 1 1.2 1.59 1.921 2.108 2.289
Distribution rate -86% 85.8% 96% 85.8% 68.6% 59.5% 57.2% 55.5%
Net sales 1 5,783 7,902 8,312 8,462 9,042 9,685 10,245 10,849
EBITDA 1 2,545 2,607 2,965 3,097 3,545 4,070 4,563 5,099
EBIT 1 1,424 1,374 1,630 1,740 2,129 2,581 2,887 3,240
Net income 1 -1,480 756 740 888 1,181 1,456 1,631 1,799
Net Debt 1 7,638 13,872 15,273 16,500 18,279 20,321 22,410 24,338
Reference price 2 30.06 29.22 27.10 32.46 35.02 34.54 34.54 34.54
Nbr of stocks (in thousands) 750,716 736,318 737,124 737,970 739,739 752,545 - -
Announcement Date 18/02/22 17/02/23 16/02/24 13/02/25 20/02/26 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
12.82x5.53x11.84x4.31% 77.11B
12.71x1.44x7.51x5.88% 67.4B
16.65x6.39x13.65x3.14% 54.79B
15.96x1.1x9.19x3.38% 52.91B
19.62x2.63x9.14x2.27% 47.86B
64.87x20.98x36.3x0.23% 38.89B
16.48x4.94x9.69x4.54% 37.03B
17.42x4.85x12.71x3.64% 36.54B
19.62x5.62x12.78x2.84% 29.31B
Average 21.80x 5.94x 13.65x 3.36% 49.09B
Weighted average by Cap. 20.11x 5.43x 12.90x 3.58%

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