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 16,322 - -
Change - 53.89% 3.38% 4.67% -20.18% 21.88% - -
Enterprise Value (EV) 1 13,727 20,579 19,480 21,042 18,283 21,544 21,039 20,560
Change - 49.91% -5.34% 8.02% -13.11% 17.84% -2.35% -2.28%
P/E ratio -28.3x 15x 7.73x 12x 11x 15.6x 12.8x 10x
PBR 1.39x 1.14x 1.08x 1.1x 0.87x 1.02x 0.98x 0.96x
PEG - -0x 0x -0.4x -0.8x -1.1x 0.6x 0.4x
Capitalization / Revenue 2.97x 3.29x 2.06x 2.85x 2.49x 3.11x 2.67x 2.45x
EV / Revenue 4.05x 4.37x 2.5x 3.57x 3.4x 4.11x 3.44x 3.09x
EV / EBITDA 7.46x 7.68x 3.54x 5.26x 5.03x 5.97x 5.1x 4.56x
EV / EBIT 16.7x 14.3x 5.19x 10.1x 9.08x 11.8x 9.88x 8x
EV / FCF 18.6x 17.6x 6.83x 9.89x 40.7x 35.3x 19.4x 14.9x
FCF Yield 5.39% 5.68% 14.6% 10.1% 2.46% 2.83% 5.15% 6.72%
Dividend per Share 2 0.071 0.14 0.151 0.262 0.233 0.2029 0.2316 0.3161
Rate of return 1.47% 3.05% 3.11% 5.06% 5.64% 4.03% 4.6% 6.28%
EPS 2 -0.171 0.306 0.628 0.432 0.376 0.3222 0.3943 0.5033
Distribution rate -41.5% 45.8% 24% 60.6% 62% 63% 58.7% 62.8%
Net sales 1 3,387 4,713 7,790 5,889 5,381 5,247 6,115 6,657
EBITDA 1 1,839 2,679 5,498 3,997 3,637 3,608 4,129 4,513
EBIT 1 824 1,436 3,751 2,075 2,013 1,824 2,129 2,570
Net income 1 -357 658 2,112 1,416 1,224 1,132 1,291 1,590
Net Debt 1 3,651 5,073 3,450 4,264 4,891 5,223 4,717 4,238
Reference price 2 4.837 4.588 4.853 5.181 4.134 5.037 5.037 5.037
Nbr of stocks (in thousands) 2,083,077 3,379,649 3,303,215 3,238,575 3,239,501 3,240,185 - -
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.($)
15.64x4.11x5.97x4.03% 16.32B
15.75x3.79x7.15x5.48% 1,554B
19.41x1.63x5.97x4.52% 264B
7.85x0.64x3.72x6.65% 220B
11.76x0.92x4.54x4.14% 206B
9.15x0.9x4.35x6.22% 136B
4.02x1.61x3.23x14.3% 76.45B
8.29x0.72x1.9x5.83% 62.95B
10.74x0.71x3.68x7.41% 49.98B
13.05x1.59x5.21x4.28% 47.96B
Average 11.57x 1.66x 4.57x 6.28% 263.38B
Weighted average by Cap. 14.14x 2.70x 6.05x 5.68%
See all sector valuations

Year-on-year evolution of the PER

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

Year-on-year evolution of the Yield

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