Company Valuation: Glencore plc

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 66,484 84,943 73,181 53,787 64,096 80,268 - -
Change - 27.77% -13.85% -26.5% 19.17% 25.23% - -
Enterprise Value (EV) 1 97,884 111,797 103,497 90,192 103,501 114,423 110,702 107,856
Change - 14.21% -7.42% -12.86% 14.76% 10.55% -3.25% -2.57%
P/E 13.4x 5x 17.7x -34x 182x 12.2x 11.4x 11.5x
PBR 1.82x 1.89x 1.69x 1.2x 1.68x 1.92x 1.76x 1.66x
PEG - 0x -0.2x 0x -1x 0x 1.67x -12.03x
Capitalization / Revenue 0.33x 0.33x 0.34x 0.23x 0.26x 0.28x 0.29x 0.29x
EV / Revenue 0.48x 0.44x 0.48x 0.39x 0.42x 0.4x 0.4x 0.39x
EV / EBITDA 4.59x 3.28x 6.05x 6.28x 7.67x 5.68x 5.34x 5.25x
EV / EBIT 6.75x 4.19x 9.96x 13x 17.3x 8.6x 8.24x 8.16x
EV / FCF 18.7x 11.8x 15.8x 20.3x -357x 17.7x 18x 17.2x
FCF Yield 5.36% 8.48% 6.33% 4.93% -0.28% 5.66% 5.57% 5.82%
Dividend per Share 2 0.26 0.44 0.13 0.1 0.1 0.2047 0.2341 0.2526
Rate of return 5.12% 6.61% 2.16% 2.26% 1.83% 2.99% 3.42% 3.69%
EPS 2 0.38 1.33 0.34 -0.13 0.03 0.561 0.5992 0.5935
Distribution rate 68.4% 33.1% 38.2% -76.9% 333% 36.5% 39.1% 42.6%
Net sales 1 203,751 255,984 217,829 230,944 247,535 283,776 275,882 275,907
EBITDA 1 21,323 34,060 17,102 14,358 13,500 20,136 20,714 20,556
EBIT 1 14,495 26,657 10,392 6,938 5,978 13,299 13,428 13,219
Net income 1 4,974 17,320 4,280 -1,634 400 6,517 6,908 6,805
Net Debt 1 31,400 26,854 30,316 36,405 39,405 34,156 30,435 27,588
Reference price 2 5.077 6.656 6.013 4.424 5.472 6.851 6.851 6.851
Nbr of stocks (in thousands) 13,094,998 12,762,238 12,169,709 12,157,132 11,713,994 11,715,401 - -
Announcement Date 2/15/22 2/15/23 2/21/24 2/19/25 2/18/26 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
16.96x3.67x6.56x3.87% 202B
10.45x2.58x5.59x5.63% 151B
13.03x3.85x6.45x3.82% 86.76B
21.07x6.03x13.73x0.07% 60.37B
24.71x2.69x6.9x1.45% 48.41B
14.86x2.9x6.1x0.68% 27.46B
10.48x3.64x5.39x5.18% 25.31B
12.74x4.53x7.93x4.53% 23.4B
15.97x4.03x7.33x0.35% 19.41B
Average 15.59x 3.77x 7.33x 2.84% 71.55B
Weighted average by Cap. 15.35x 3.60x 7.03x 3.57%

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