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 90,255 - -
Change - 27.77% -13.85% -26.5% 19.17% 40.81% - -
Enterprise Value (EV) 1 97,884 111,797 103,497 90,192 103,501 125,628 121,848 118,927
Change - 14.21% -7.42% -12.86% 14.76% 21.38% -3.01% -2.4%
P/E 13.4x 5x 17.7x -34x 182x 12.6x 12.4x 12.6x
PBR 1.82x 1.89x 1.69x 1.2x 1.68x 2.22x 2.07x 1.89x
PEG - 0x -0.2x 0x -1x 0x 13.56x -12.34x
Capitalization / Revenue 0.33x 0.33x 0.34x 0.23x 0.26x 0.28x 0.32x 0.33x
EV / Revenue 0.48x 0.44x 0.48x 0.39x 0.42x 0.39x 0.44x 0.43x
EV / EBITDA 4.59x 3.28x 6.05x 6.28x 7.67x 6.24x 5.92x 5.85x
EV / EBIT 6.75x 4.19x 9.96x 13x 17.3x 9.26x 8.99x 9.16x
EV / FCF 18.7x 11.8x 15.8x 20.3x -357x 22.5x 15.3x 17.1x
FCF Yield 5.36% 8.48% 6.33% 4.93% -0.28% 4.45% 6.54% 5.86%
Dividend per Share 2 0.26 0.44 0.13 0.1 0.1 0.2608 0.2689 0.3043
Rate of return 5.12% 6.61% 2.16% 2.26% 1.83% 3.39% 3.5% 3.96%
EPS 2 0.38 1.33 0.34 -0.13 0.03 0.6124 0.618 0.6117
Distribution rate 68.4% 33.1% 38.2% -76.9% 333% 42.6% 43.5% 49.7%
Net sales 1 203,751 255,984 217,829 230,944 247,535 323,316 279,104 276,824
EBITDA 1 21,323 34,060 17,102 14,358 13,500 20,141 20,585 20,314
EBIT 1 14,495 26,657 10,392 6,938 5,978 13,565 13,558 12,979
Net income 1 4,974 17,320 4,280 -1,634 400 7,221 7,341 7,207
Net Debt 1 31,400 26,854 30,316 36,405 39,405 35,373 31,593 28,672
Reference price 2 5.077 6.656 6.013 4.424 5.472 7.690 7.690 7.690
Nbr of stocks (in thousands) 13,094,998 12,762,238 12,169,709 12,157,132 11,713,994 11,736,770 - -
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.($)
20.56x4.06x7.26x3.52% 226B
11.97x2.96x6.47x4.9% 174B
15.9x4.52x7.5x3.17% 102B
12.25x0.38x6.14x3.44% 88.22B
24.46x6.52x15.22x-.--% 63.68B
51.8x3.2x7.84x1.77% 58.16B
15.26x3.15x6.24x0.59% 32.64B
12.91x4.18x6.29x4.73% 28.48B
13.65x4.92x8.74x3.72% 26.68B
Average 19.86x 3.77x 7.97x 2.87% 88.88B
Weighted average by Cap. 19.04x 3.60x 7.64x 3.29%

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