Company Valuation: Santos Limited

Data adjusted to current consolidation scope
Fiscal Period: December 2020 2021 2022 2023 2024 2025 2026 2027
Capitalization 1 10,076 15,506 16,030 16,778 13,392 14,009 - -
Change - 53.89% 3.38% 4.67% -20.18% 4.61% - -
Enterprise Value (EV) 1 13,727 20,579 19,480 21,042 18,283 19,520 19,036 18,603
Change - 49.91% -5.34% 8.02% -13.11% 6.76% -2.48% -2.28%
P/E ratio -28.3x 15x 7.73x 12x 11x 14.9x 11x 9.95x
PBR 1.39x 1.14x 1.08x 1.1x 0.87x 0.89x 0.86x 0.85x
PEG - -0x 0x -0.4x -0.8x -0.7x 0.3x 1x
Capitalization / Revenue 2.97x 3.29x 2.06x 2.85x 2.49x 2.74x 2.3x 2.15x
EV / Revenue 4.05x 4.37x 2.5x 3.57x 3.4x 3.82x 3.12x 2.85x
EV / EBITDA 7.46x 7.68x 3.54x 5.26x 5.03x 5.71x 4.54x 4.17x
EV / EBIT 16.7x 14.3x 5.19x 10.1x 9.08x 12.3x 9.02x 7.97x
EV / FCF 18.6x 17.6x 6.83x 9.89x 40.7x 25.4x 16.9x 13.1x
FCF Yield 5.39% 5.68% 14.6% 10.1% 2.46% 3.93% 5.92% 7.62%
Dividend per Share 2 0.071 0.14 0.151 0.262 0.233 0.2272 0.2454 0.3278
Rate of return 1.47% 3.05% 3.11% 5.06% 5.64% 5.25% 5.68% 7.58%
EPS 2 -0.171 0.306 0.628 0.432 0.376 0.2904 0.3941 0.4344
Distribution rate -41.5% 45.8% 24% 60.6% 62% 78.2% 62.3% 75.5%
Net sales 1 3,387 4,713 7,790 5,889 5,381 5,116 6,099 6,529
EBITDA 1 1,839 2,679 5,498 3,997 3,637 3,417 4,197 4,463
EBIT 1 824 1,436 3,751 2,075 2,013 1,586 2,110 2,335
Net income 1 -357 658 2,112 1,416 1,224 956.3 1,264 1,389
Net Debt 1 3,651 5,073 3,450 4,264 4,891 5,511 5,027 4,594
Reference price 2 4.837 4.588 4.853 5.181 4.134 4.324 4.324 4.324
Nbr of stocks (in thousands) 2,083,077 3,379,649 3,303,215 3,238,575 3,239,501 3,239,897 - -
Announcement Date 2/17/21 2/15/22 2/21/23 2/20/24 2/18/25 - - -
1USD in Million2USD
Estimates

P/E ratio, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
14.89x3.82x5.71x5.25% 14.01B
16.03x3.74x7.19x5.39% 1,580B
22.16x1.81x8.16x4.57% 302B
9.37x0.64x3.87x5.67% 251B
11.9x0.95x4.49x3.92% 211B
9.82x0.96x4.4x5.8% 142B
3.67x1.53x3.16x11.27% 76.72B
9.95x0.66x1.78x6.43% 58.37B
12.32x0.78x3.82x6.5% 56.81B
13.04x1.63x5.19x3.77% 53.25B
Average 12.31x 1.65x 4.78x 5.86% 274.48B
Weighted average by Cap. 14.84x 2.66x 6.30x 5.41%
See all sector valuations

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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