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 79,864 - -
Change - 27.77% -13.85% -26.5% 19.17% 24.6% - -
Enterprise Value (EV) 1 97,884 111,797 103,497 90,192 103,501 112,801 108,927 106,152
Change - 14.21% -7.42% -12.86% 14.76% 8.99% -3.44% -2.55%
P/E 13.4x 5x 17.7x -34x 182x 11.6x 11.6x 11.7x
PBR 1.82x 1.89x 1.69x 1.2x 1.68x 1.91x 1.76x 1.66x
PEG - 0x -0.2x 0x -1x 0x 80.26x -11.82x
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 0.39x 0.39x 0.39x
EV / EBITDA 4.59x 3.28x 6.05x 6.28x 7.67x 5.5x 5.27x 5.19x
EV / EBIT 6.75x 4.19x 9.96x 13x 17.3x 8.44x 8.26x 8.18x
EV / FCF 18.7x 11.8x 15.8x 20.3x -357x 19x 19x 16.8x
FCF Yield 5.36% 8.48% 6.33% 4.93% -0.28% 5.26% 5.27% 5.94%
Dividend per Share 2 0.26 0.44 0.13 0.1 0.1 0.2006 0.2136 0.2438
Rate of return 5.12% 6.61% 2.16% 2.26% 1.83% 2.94% 3.13% 3.58%
EPS 2 0.38 1.33 0.34 -0.13 0.03 0.5881 0.589 0.5832
Distribution rate 68.4% 33.1% 38.2% -76.9% 333% 34.1% 36.3% 41.8%
Net sales 1 203,751 255,984 217,829 230,944 247,535 285,968 275,786 274,391
EBITDA 1 21,323 34,060 17,102 14,358 13,500 20,506 20,657 20,443
EBIT 1 14,495 26,657 10,392 6,938 5,978 13,363 13,190 12,977
Net income 1 4,974 17,320 4,280 -1,634 400 6,821 6,829 6,745
Net Debt 1 31,400 26,854 30,316 36,405 39,405 32,937 29,062 26,288
Reference price 2 5.077 6.656 6.013 4.424 5.472 6.817 6.817 6.817
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.($)
15.45x3.8x6.74x3.72% 209B
11.21x2.77x5.94x5.27% 163B
13.52x3.94x6.62x3.74% 88.32B
21.41x6.19x14.07x0.05% 61.37B
26.91x2.89x7.32x1.39% 52.56B
16.41x3.12x6.63x0.64% 29.12B
10.73x3.76x5.54x5.04% 26.8B
12.88x4.57x8.01x4.58% 23.83B
18.72x4.35x7.92x0.31% 20.83B
Average 16.36x 3.93x 7.64x 2.75% 74.94B
Weighted average by Cap. 15.47x 3.73x 7.27x 3.43%

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