Company Valuation: South32 Limited

Data adjusted to current consolidation scope
Fiscal Period: June 2022 2023 2024 2025 2026 2027 2028 2029
Market Cap 1 12,533 11,346 11,019 8,563 12,080 15,612 - -
Change - -9.47% -2.88% -22.29% 41.07% 29.24% - -
Enterprise Value (EV) 1 11,995 11,829 11,781 8,440 12,080 12,613 13,663 13,845
Change - -1.38% -0.41% -28.36% 43.12% 4.42% 8.32% 1.34%
P/E 4.76x -65.9x -54.3x 40.6x 11.2x 13.4x 12.9x 13x
PBR 1.17x 1.22x 1.23x 0.97x - 1.5x 1.33x 1.26x
PEG - 1x -2.9x -0x 0x 1.76x 3.25x -14.86x
Capitalization / Revenue 1.35x 1.25x 1.33x 1.13x 2.08x 2.97x 3.29x 2.54x
EV / Revenue 1.29x 1.31x 1.42x 1.11x 2.08x 2.4x 2.88x 2.26x
EV / EBITDA 2.52x 4.67x 6.54x 4.38x 4.91x 5.21x 6.04x 6.22x
EV / EBIT 3.02x 7.32x 13.3x 6.97x 7.04x 7.63x 8.79x 9.12x
EV / FCF 4.84x 39x - 25x - 10.8x 12.9x 9.81x
FCF Yield 20.7% 2.56% - 4% - 9.25% 7.78% 10.2%
Dividend per Share 2 0.227 0.081 0.035 0.06 - 0.1071 0.0949 0.0961
Rate of return 8.36% 3.24% 1.43% 3.14% - 3.07% 2.72% 2.76%
EPS 2 0.57 -0.038 -0.045 0.047 0.241 0.2594 0.2697 0.2673
Distribution rate 39.8% -213% -77.8% 128% - 41.3% 35.2% 36%
Net sales 1 9,269 9,050 8,296 7,610 5,816 5,251 4,749 6,135
EBITDA 1 4,755 2,534 1,802 1,928 2,462 2,420 2,262 2,228
EBIT 1 3,967 1,616 886 1,211 1,717 1,654 1,554 1,518
Net income 1 2,669 -173 -203 213 1,087 1,216 1,205 1,072
Net Debt 1 -538 483 762 -123 - -2,999 -1,949 -1,767
Reference price 2 2.715 2.502 2.442 1.908 2.698 3.483 3.483 3.483
Nbr of stocks (in thousands) 4,616,755 4,533,946 4,512,457 4,488,409 4,477,228 4,481,888 - -
Announcement Date 24/08/22 23/08/23 28/08/24 27/08/25 26/08/26 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution



P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
16.37x3.94x7.1x3.57% 217B
11.03x2.76x5.98x5.34% 161B
14.79x4.25x7.02x3.22% 99.19B
11.72x0.37x5.96x3.54% 87.2B
25.59x6.23x16.53x-.--% 63.17B
54.99x3.12x7.65x2.33% 57.34B
15.78x3.21x6.33x0.57% 32.42B
12.67x4.04x6.22x4.91% 28.2B
13.14x4.75x8.33x3.78% 25.93B
Average 19.56x 3.63x 7.90x 3.03% 85.66B
Weighted average by Cap. 17.89x 3.46x 7.52x 3.43%

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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  3. S32 Stock
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  5. Valuation South32 Limited