Company Valuation: SLB N.V.

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 42,009 75,806 74,327 54,142 57,337 72,337 - -
Change - 80.45% -1.95% -27.16% 5.9% 26.16% - -
Enterprise Value (EV) 1 53,065 85,138 82,303 61,547 64,761 79,884 79,202 77,208
Change - 60.44% -3.33% -25.22% 5.22% 23.35% -0.85% -2.52%
P/E 22.7x 22.4x 17.9x 12.3x 16.3x 20x 15.2x 13.1x
PBR 2.79x 4.29x 3.48x 2.46x 2.02x 2.72x 2.66x 2.51x
PEG - 0.3x 0.8x 1.79x -0.7x 5.61x 0.5x 0.8x
Capitalization / Revenue 1.83x 2.7x 2.24x 1.49x 1.61x 1.96x 1.82x 1.71x
EV / Revenue 2.31x 3.03x 2.48x 1.7x 1.81x 2.16x 1.99x 1.82x
EV / EBITDA 10.8x 13.1x 10.2x 6.79x 7.65x 9.89x 8.49x 7.6x
EV / EBIT 19x 19.5x 14.2x 9.36x 11.1x 15.5x 12.3x 10.6x
EV / FCF 17.7x 60x 20.4x 15.4x 15.7x 18.4x 15.5x 12.6x
FCF Yield 5.65% 1.67% 4.91% 6.48% 6.35% 5.44% 6.44% 7.91%
Dividend per Share 2 0.5 0.725 1.025 1.1 1.14 1.175 1.23 1.315
Rate of return 1.67% 1.36% 1.97% 2.87% 2.97% 2.41% 2.52% 2.7%
EPS 2 1.32 2.39 2.91 3.11 2.35 2.434 3.204 3.72
Distribution rate 37.9% 30.3% 35.2% 35.4% 48.5% 48.3% 38.4% 35.4%
Net sales 1 22,929 28,091 33,135 36,289 35,708 36,968 39,820 42,408
EBITDA 1 4,912 6,521 8,106 9,070 8,463 8,078 9,333 10,163
EBIT 1 2,792 4,374 5,794 6,577 5,815 5,167 6,443 7,318
Net income 1 1,881 3,441 4,203 4,461 3,374 3,666 4,739 5,423
Net Debt 1 11,056 9,332 7,976 7,405 7,424 7,547 6,864 4,871
Reference price 2 29.95 53.46 52.04 38.34 38.38 48.74 48.74 48.74
Nbr of stocks (in thousands) 1,402,633 1,417,994 1,428,270 1,412,154 1,493,924 1,484,143 - -
Announcement Date 21/01/22 20/01/23 19/01/24 17/01/25 23/01/26 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
19.93x2.16x9.87x2.41% 72.22B
19.06x2.32x13.07x1.67% 55.21B
14.63x1.99x8.7x5.09% 27.8B
22.46x2.44x12.05x0.29% 27B
13.26x1.41x7.71x2.14% 26.56B
32x5.35x20.88x0.89% 16.75B
13.31x1.22x5.22x3.7% 9.92B
26.66x0.5x4.36x3.85% 9.38B
21.19x0.79x6.92x2.04% 6.74B
Average 20.28x 2.02x 9.87x 2.45% 27.95B
Weighted average by Cap. 19.55x 2.20x 10.71x 2.28%

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