Company Valuation: Stockland

Data adjusted to current consolidation scope
Fiscal Period: June 2022 2023 2024 2025 2026 2027 2028 2029
Market Cap 1 8,605 9,603 9,933 12,835 9,898 10,351 - -
Change - 11.6% 3.43% 29.22% -22.88% 4.58% - -
Enterprise Value (EV) 1 12,699 13,239 13,944 17,367 13,997 14,663 14,728 14,788
Change - 4.26% 5.32% 24.55% -19.41% 4.76% 0.44% 0.41%
P/E 6.26x 22x 32.8x 15.6x 9.95x 11x 10.5x 9.39x
PBR 0.83x 0.94x 1x 1.26x 0.92x 0.94x 0.9x 0.86x
PEG - -0.3x -1.1x 0x 0.5x -1.96x 1.91x 0.8x
Capitalization / Revenue 3.02x 3.42x 3.32x 4.1x 2.76x 2.76x 2.68x 3.03x
EV / Revenue 4.46x 4.71x 4.66x 5.55x 3.9x 3.91x 3.81x 4.33x
EV / EBITDA 16.2x 15.1x 16.6x 19.7x 11.5x 13.7x 12.9x 12x
EV / EBIT 16.6x 15.4x 17x 20.1x 12.4x 14.2x 13.4x 12.5x
EV / FCF 14.2x 42.8x 423x 53.4x 21.4x 19.7x 19.4x 16.7x
FCF Yield 7.06% 2.33% 0.24% 1.87% 4.67% 5.07% 5.15% 5.98%
Dividend per Share 2 0.266 0.262 0.246 0.252 0.252 0.2526 0.2593 0.2692
Rate of return 7.37% 6.5% 5.9% 4.7% 6.18% 5.91% 6.07% 6.3%
EPS 2 0.577 0.183 0.127 0.343 0.41 0.387 0.4083 0.455
Distribution rate 46.1% 143% 194% 73.5% 61.5% 65.3% 63.5% 59.2%
Net sales 1 2,847 2,808 2,989 3,131 3,589 3,752 3,869 3,413
EBITDA 1 784 878 838 882 1,214 1,069 1,140 1,233
EBIT 1 767 861 822 864 1,133 1,036 1,103 1,187
Net income 1 1,381 438 305 826 994 941.8 992.7 1,106
Net Debt 1 4,094 3,636 4,011 4,532 4,099 4,312 4,377 4,437
Reference price 2 3.610 4.030 4.170 5.360 4.080 4.270 4.270 4.270
Nbr of stocks (in thousands) 2,383,654 2,382,994 2,381,896 2,394,542 2,425,901 2,424,131 - -
Announcement Date 18/08/22 23/08/23 21/08/24 19/08/25 18/08/26 - - -
1AUD in Million2AUD
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
11.03x3.91x13.72x5.92% 7.48B
15.54x4.93x13.27x3.26% 44.27B
18.08x3.98x15.99x1.35% 28.56B
8.39x1.51x7.99x4.3% 27.68B
5.55x0.68x1.43x9.01% 26.71B
14.34x3.09x14.81x2.51% 26.28B
10.43x2.11x8.97x4.02% 20.99B
7.9x0.88x3.19x2.83% 20.22B
13.26x6.44x16.92x1.64% 19.43B
37.44x13.73x34.11x3.16% 18.14B
Average 14.20x 4.13x 13.04x 3.8% 23.97B
Weighted average by Cap. 14.01x 3.92x 12.49x 3.69%

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

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