Company Valuation: Stockland

Data adjusted to current consolidation scope
Fiscal Period: June 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 11,100 8,605 9,603 9,933 12,835 9,898 - -
Change - -22.48% 11.6% 3.43% 29.22% -22.88% - -
Enterprise Value (EV) 1 14,692 12,699 13,239 13,944 17,367 14,864 15,012 15,124
Change - -13.57% 4.26% 5.32% 24.55% -14.41% 0.99% 0.75%
P/E 10.1x 6.26x 22x 32.8x 15.6x 11.3x 10.8x 10.1x
PBR 1.16x 0.83x 0.94x 1x 1.26x 0.93x 0.89x 0.85x
PEG - 0.3x -0.3x -1.1x 0x 2.14x 2.23x 1.62x
Capitalization / Revenue 4.03x 3.02x 3.42x 3.32x 4.1x 2.47x 2.42x 2.32x
EV / Revenue 5.33x 4.46x 4.71x 4.66x 5.55x 3.71x 3.67x 3.54x
EV / EBITDA 18.4x 16.2x 15.1x 16.6x 19.7x 14.3x 14x 13.1x
EV / EBIT 18.7x 16.6x 15.4x 17x 20.1x 14.6x 14.3x 13.4x
EV / FCF 22.9x 14.2x 42.8x 423x 53.4x 58.5x 22.1x 20.7x
FCF Yield 4.36% 7.06% 2.33% 0.24% 1.87% 1.71% 4.52% 4.83%
Dividend per Share 2 0.246 0.266 0.262 0.246 0.252 0.2513 0.25 0.2564
Rate of return 5.28% 7.37% 6.5% 5.9% 4.7% 6.16% 6.13% 6.28%
EPS 2 0.462 0.577 0.183 0.127 0.343 0.3611 0.3786 0.4022
Distribution rate 53.2% 46.1% 143% 194% 73.5% 69.6% 66% 63.8%
Net sales 1 2,756 2,847 2,808 2,989 3,131 4,003 4,092 4,268
EBITDA 1 797 784 878 838 882 1,036 1,070 1,154
EBIT 1 784 767 861 822 864 1,021 1,049 1,125
Net income 1 1,105 1,381 438 305 826 862.9 921.5 991.7
Net Debt 1 3,592 4,094 3,636 4,011 4,532 4,966 5,114 5,227
Reference price 2 4.660 3.610 4.030 4.170 5.360 4.080 4.080 4.080
Nbr of stocks (in thousands) 2,382,024 2,383,654 2,382,994 2,381,896 2,394,542 2,425,901 - -
Announcement Date 19/08/21 18/08/22 23/08/23 21/08/24 19/08/25 - - -
1AUD in Million2AUD
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
11.08x3.66x14.16x6.28% 6.79B
21.34x4.32x17.73x1.18% 31.63B
5.76x0.67x1.38x8.67% 27.77B
14.37x3.11x14.93x2.45% 25.8B
15.56x6.92x18.57x1.37% 22.05B
31.52x14.93x48.33x1.31% 16.92B
7.39x1.64x5.3x2.99% 16.61B
9.9x28.74x - 2.22% 17B
27.9x11.74x27.17x3.58% 15.83B
Average 16.09x 8.41x 18.45x 3.34% 20.05B
Weighted average by Cap. 16.02x 7.58x 17.29x 3.22%

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