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 9,801 - -
Change - -22.48% 11.6% 3.43% 29.22% -23.64% - -
Enterprise Value (EV) 1 14,692 12,699 13,239 13,944 17,367 14,818 14,988 15,131
Change - -13.57% 4.26% 5.32% 24.55% -14.68% 1.15% 0.96%
P/E 10.1x 6.26x 22x 32.8x 15.6x 11.2x 10.7x 10.1x
PBR 1.16x 0.83x 0.94x 1x 1.26x 0.92x 0.89x 0.86x
PEG - 0.3x -0.3x -1.1x 0x 2.13x 2.22x 1.65x
Capitalization / Revenue 4.03x 3.02x 3.42x 3.32x 4.1x 2.45x 2.39x 2.3x
EV / Revenue 5.33x 4.46x 4.71x 4.66x 5.55x 3.7x 3.66x 3.55x
EV / EBITDA 18.4x 16.2x 15.1x 16.6x 19.7x 14.2x 13.8x 13x
EV / EBIT 18.7x 16.6x 15.4x 17x 20.1x 14.5x 14.2x 13.4x
EV / FCF 22.9x 14.2x 42.8x 423x 53.4x 58.3x 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 0.2488 0.2546
Rate of return 5.28% 7.37% 6.5% 5.9% 4.7% 6.22% 6.16% 6.3%
EPS 2 0.462 0.577 0.183 0.127 0.343 0.3611 0.3784 0.4016
Distribution rate 53.2% 46.1% 143% 194% 73.5% 69.6% 65.7% 63.4%
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 1,042 1,087 1,165
EBIT 1 784 767 861 822 864 1,022 1,053 1,125
Net income 1 1,105 1,381 438 305 826 862.7 921.2 990.2
Net Debt 1 3,592 4,094 3,636 4,011 4,532 5,017 5,187 5,331
Reference price 2 4.660 3.610 4.030 4.170 5.360 4.040 4.040 4.040
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.($)
11.19x3.7x14.23x6.22% 6.8B
14.88x4.71x12.81x3.38% 42.6B
21.11x4.3x17.63x1.19% 31.49B
6.05x0.73x1.51x8.25% 29.17B
7.86x1.41x7.04x4.53% 28.29B
14.24x3.1x14.86x2.47% 25.7B
16.12x1.03x6.79x2.31% 22.38B
15.47x6.9x18.52x1.38% 22.03B
9.05x2.2x7.56x4.11% 19.76B
Average 12.89x 3.12x 11.22x 3.76% 25.36B
Weighted average by Cap. 13.23x 3.16x 11.09x 3.59%

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