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 96,016 107,781 - -
Change - 6.86% -1.54% 17.94% 6.45% 12.25% - -
Enterprise Value (EV) 1 124,600 77,671 137,726 153,951 166,968 186,106 194,854 200,622
Change - -37.66% 77.32% 11.78% 8.46% 11.46% 4.7% 2.96%
P/E 30.3x 21.8x 19.3x 20.6x 22.2x 21.5x 19.5x 17.9x
PBR 2.61x - 2.43x 2.72x 2.66x 2.74x 2.55x 2.35x
PEG - 0.5x 1.8x 2.14x -12.65x 1.6x 1.9x 2.04x
Capitalization / Revenue 3.14x 2.65x 3.03x 3.38x 3.25x 3.46x 3.29x 3.1x
EV / Revenue 5.39x 2.65x 5.45x 5.76x 5.65x 5.98x 5.95x 5.76x
EV / EBITDA 13.7x 8.37x 13.3x 13x 13.1x 13.2x 12.7x 11.8x
EV / EBIT 22.4x 13.8x 23.6x 21.8x 22.9x 21.9x 20.8x 19.1x
EV / FCF -116x - -89.3x 185x -56.9x -86.4x -78.8x 960x
FCF Yield -0.86% - -1.12% 0.54% -1.76% -1.16% -1.27% 0.1%
Dividend per Share 2 2.62 - 2.78 2.86 2.94 3.037 3.131 3.251
Rate of return 3.82% - 3.96% 3.47% 3.37% 3.18% 3.28% 3.4%
EPS 2 2.26 3.28 3.64 3.99 3.92 4.447 4.909 5.341
Distribution rate 116% - 76.4% 71.7% 75% 68.3% 63.8% 60.9%
Net sales 1 23,113 29,279 25,253 26,724 29,553 31,117 32,762 34,806
EBITDA 1 9,123 9,284 10,351 11,823 12,786 14,088 15,333 16,937
EBIT 1 5,558 5,621 5,826 7,068 7,285 8,481 9,366 10,507
Net income 1 2,393 3,524 3,976 4,401 4,341 5,021 5,599 6,242
Net Debt 1 51,919 - 61,252 63,754 70,952 78,325 87,073 92,841
Reference price 2 68.58 71.41 70.12 82.32 87.20 95.61 95.61 95.61
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 (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
35.62x6.27x45.87x0.18% 293B
21.97x9.23x15.26x2.8% 183B
20.73x4.23x11.47x3.48% 155B
14.02x1.99x6.98x5.09% 116B
18.58x5.65x11.27x3.49% 97.82B
20.52x3.15x12.37x0.67% 89.77B
21.24x5.34x12.83x2.85% 73.69B
19.47x6.41x13.73x3.81% 61.64B
15.97x3.15x10.02x0.6% 53.56B
Average 20.90x 5.05x 15.53x 2.55% 124.94B
Weighted average by Cap. 23.66x 5.53x 20.80x 2.29%

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