Company Valuation: Southern Company

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 72,681 77,671 76,474 90,197 96,016 107,099 - -
Change - 6.86% -1.54% 17.94% 6.45% 11.54% - -
Enterprise Value (EV) 1 124,600 77,671 137,726 153,951 166,968 185,653 193,995 199,763
Change - -37.66% 77.32% 11.78% 8.46% 11.19% 4.49% 2.97%
P/E 30.3x 21.8x 19.3x 20.6x 22.2x 20.8x 19x 17.5x
PBR 2.61x - 2.43x 2.72x 2.66x 2.71x 2.52x 2.3x
PEG - 0.5x 1.8x 2.14x -12.65x 1.4x 2x 2.04x
Capitalization / Revenue 3.14x 2.65x 3.03x 3.38x 3.25x 3.45x 3.27x 3.06x
EV / Revenue 5.39x 2.65x 5.45x 5.76x 5.65x 5.98x 5.91x 5.71x
EV / EBITDA 13.7x 8.37x 13.3x 13x 13.1x 13.3x 12.7x 11.8x
EV / EBIT 22.4x 13.8x 23.6x 21.8x 22.9x 22.5x 21.2x 19.5x
EV / FCF -116x - -89.3x 185x -56.9x -87.9x -77.7x 965x
FCF Yield -0.86% - -1.12% 0.54% -1.76% -1.14% -1.29% 0.1%
Dividend per Share 2 2.62 - 2.78 2.86 2.94 3.026 3.135 3.255
Rate of return 3.82% - 3.96% 3.47% 3.37% 3.25% 3.37% 3.5%
EPS 2 2.26 3.28 3.64 3.99 3.92 4.484 4.91 5.332
Distribution rate 116% - 76.4% 71.7% 75% 67.5% 63.8% 61.1%
Net sales 1 23,113 29,279 25,253 26,724 29,553 31,035 32,799 35,015
EBITDA 1 9,123 9,284 10,351 11,823 12,786 13,999 15,264 16,924
EBIT 1 5,558 5,621 5,826 7,068 7,285 8,241 9,156 10,267
Net income 1 2,393 3,524 3,976 4,401 4,341 5,070 5,635 6,268
Net Debt 1 51,919 - 61,252 63,754 70,952 78,554 86,897 92,664
Reference price 2 68.58 71.41 70.12 82.32 87.20 93.10 93.10 93.10
Nbr of stocks (in thousands) 1,059,804 1,087,673 1,090,619 1,095,684 1,101,105 1,150,363 - -
Announcement Date 17/02/22 16/02/23 15/02/24 20/02/25 19/02/26 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
20.76x5.98x13.26x3.25% 107B
33x5.61x40.74x0.2% 271B
21.34x9.11x15.48x2.87% 179B
20.25x4.19x11.53x3.53% 154B
13.7x1.95x6.95x5.17% 115B
18.27x5.61x11.22x3.55% 96.17B
20.12x3.31x13.11x0.64% 94.67B
19.68x5.18x12.52x3.05% 68.85B
18.98x6.45x13.38x3.91% 60.05B
24.35x6.17x13.86x2.42% 49.86B
Average 21.04x 5.36x 15.20x 2.86% 119.64B
Weighted average by Cap. 22.62x 5.49x 18.80x 2.53%

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

  1. Stock Market
  2. Stocks
  3. SO Stock
  4. Valuation Southern Company