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 96,016 109,630 - -
Change - 6.86% -1.54% 17.94% 6.45% 14.18% - -
Enterprise Value (EV) 1 124,600 77,671 137,726 153,951 166,968 187,947 196,696 202,462
Change - -37.66% 77.32% 11.78% 8.46% 12.56% 4.66% 2.93%
P/E 30.3x 21.8x 19.3x 20.6x 22.2x 21.8x 19.8x 18.2x
PBR 2.61x - 2.43x 2.72x 2.66x 2.79x 2.59x 2.39x
PEG - 0.5x 1.8x 2.14x -12.65x 1.6x 2.02x 2.06x
Capitalization / Revenue 3.14x 2.65x 3.03x 3.38x 3.25x 3.52x 3.34x 3.14x
EV / Revenue 5.39x 2.65x 5.45x 5.76x 5.65x 6.04x 6x 5.81x
EV / EBITDA 13.7x 8.37x 13.3x 13x 13.1x 13.3x 12.8x 12x
EV / EBIT 22.4x 13.8x 23.6x 21.8x 22.9x 22.2x 21x 19.3x
EV / FCF -116x - -89.3x 185x -56.9x -88.9x -78.8x 978x
FCF Yield -0.86% - -1.12% 0.54% -1.76% -1.12% -1.27% 0.1%
Dividend per Share 2 2.62 - 2.78 2.86 2.94 3.038 3.132 3.252
Rate of return 3.82% - 3.96% 3.47% 3.37% 3.12% 3.22% 3.34%
EPS 2 2.26 3.28 3.64 3.99 3.92 4.471 4.908 5.342
Distribution rate 116% - 76.4% 71.7% 75% 67.9% 63.8% 60.9%
Net sales 1 23,113 29,279 25,253 26,724 29,553 31,135 32,807 34,875
EBITDA 1 9,123 9,284 10,351 11,823 12,786 14,095 15,327 16,929
EBIT 1 5,558 5,621 5,826 7,068 7,285 8,485 9,358 10,491
Net income 1 2,393 3,524 3,976 4,401 4,341 5,047 5,606 6,242
Net Debt 1 51,919 - 61,252 63,754 70,952 78,317 87,066 92,832
Reference price 2 68.58 71.41 70.12 82.32 87.20 97.25 97.25 97.25
Nbr of stocks (in thousands) 1,059,804 1,087,673 1,090,619 1,095,684 1,101,105 1,127,301 - -
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.($)
33.02x5.6x40.74x0.2% 270B
22.44x9.25x16.7x2.75% 187B
20.76x4.28x11.7x3.42% 157B
13.76x1.97x6.91x5.19% 113B
19.31x5.76x11.58x3.36% 102B
22.4x3.38x13.29x0.61% 97.97B
21.19x5.34x12.84x2.85% 73.75B
19.72x6.42x13.83x3.76% 62.53B
16.43x3.23x10.26x0.58% 55.09B
Average 21.00x 5.02x 15.32x 2.52% 124.3B
Weighted average by Cap. 23.06x 5.39x 19.32x 2.3%

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. SOT Stock
  5. Valuation Southern Company