Projected Income Statement: South32 Limited

Forecast Balance Sheet: South32 Limited

Fiscal Period: June 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 -504 -298 -421 -538 483 759 -750 -953
Change - -159.13% -241.28% -227.79% -10.22% 57.14% -198.81% -227.07%
Announcement Date 21/08/19 19/08/20 18/08/21 24/08/22 23/08/23 - - -
1USD in Million
Estimates

Cash Flow Forecast: South32 Limited

Fiscal Period: June 2019 2020 2021 2022 2023 2024 2025 2026
CAPEX 1 726 737 590 592 888 1,136 1,211 1,316
Change - 1.52% -19.95% 0.34% 50% 27.88% 6.63% 8.72%
Free Cash Flow (FCF) 1 1,091 628 815 2,478 303 -25.33 635 818
Change - -42.44% 29.78% 204.05% -87.77% -108.36% -2,606.58% 28.82%
Announcement Date 21/08/19 19/08/20 18/08/21 24/08/22 23/08/23 - - -
1USD in Million
Estimates

Forecast Financial Ratios: South32 Limited

Fiscal Period: June 2019 2020 2021 2022 2023 2024 2025 2026

Profitability

        
EBITDA Margin (%) 30.2% 19.51% 24.68% 51.3% 28% 21.51% 30.19% 30.32%
EBIT Margin (%) 19.8% 7.34% 13.32% 42.8% 17.86% 10.38% 21.03% 22.18%
EBT Margin (%) 11.04% 2.01% -4.7% 39.84% 2.35% 6.49% 20.23% 21.71%
Net margin (%) 5.35% -1.07% -3.08% 28.79% -1.91% 1.22% 13.36% 15.18%
FCF / Net Income (%) 15% 10.34% 12.86% 26.73% 3.35% -0.33% 7.6% 9.5%

Profitability

        
ROA 6.65% 1.36% 3.62% 18.05% 5.93% 3.5% 8% 9%
ROE 9.5% 1.96% 5.28% 27.05% 9.09% 3.93% 10.45% 9.81%

Financial Health

        
Leverage (Debt/EBITDA) - - - - 0.19x 0.46x - -
Debt / Free cash flow - - - - 1.59x -29.98x - -

Capital Intensity

        
CAPEX / Current Assets (%) 9.98% 12.13% 9.31% 6.39% 9.81% 14.75% 14.48% 15.28%
CAPEX / EBITDA (%) 33.05% 62.19% 37.72% 12.45% 35.04% 68.56% 47.97% 50.4%
CAPEX / FCF (%) 66.54% 117.36% 72.39% 23.89% 293.07% -4,482.64% 190.69% 160.94%

Items per share

        
Cash flow per share 1 0.3477 0.2224 0.2945 0.6606 0.3968 0.2501 0.4825 0.4902
Change - -36.04% 32.41% 124.33% -39.94% -36.96% 192.92% 101.59%
Dividend per Share 1 0.096 0.032 0.049 0.227 0.081 0.0307 0.0904 0.1108
Change - -66.67% 53.12% 363.27% -64.32% -62.11% 294.72% 122.51%
Book Value Per Share 1 2.031 1.973 1.916 2.329 2.051 2.083 2.215 2.354
Change - -2.86% -2.93% 21.6% -11.97% 1.58% 106.34% 106.26%
EPS 1 0.076 -0.013 -0.041 0.57 -0.038 -0.0299 0.335 0.35
Change - -117.11% 215.38% -1,490.24% -106.67% -21.42% -1,121.77% 104.49%
Nbr of stocks (in thousands) 4,974,612 4,785,340 4,645,432 4,616,755 4,533,946 4,512,457 4,512,457 4,512,457
Announcement Date 21/08/19 19/08/20 18/08/21 24/08/22 23/08/23 - - -
1USD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Trading Rating
Investor Rating
ESG Refinitiv
C+
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
14
Last Close Price
1.954USD
Average target price
2.500USD
Spread / Average Target
+27.95%
Consensus
  1. Stock Market
  2. Equities
  3. S32 Stock
  4. Financials South32 Limited