Projected Income Statement: Sasol Limited

Forecast Balance Sheet: Sasol Limited

Forecast Balance Sheet - Sasol Limited
Fiscal Period: June 2022 2023 2024 2025 2026 2027 2028 2029
Net Debt 1 77,670 86,677 89,772 79,622 67,780 42,491 32,905 18,877
Change - 11.6% 3.57% -11.31% -14.87% -37.31% -22.56% -42.63%
Announcement Date 8/23/22 8/22/23 8/20/24 8/25/25 8/31/26 - - -
1ZAR in Million
Estimates

Cash Flow Forecast: Sasol Limited

Fiscal Period: June 2022 2023 2024 2025 2026 2027 2028 2029
CAPEX 1 22,713 30,247 30,428 25,983 20,751 24,549 25,065 26,678
Change - 33.17% 0.6% -14.61% -20.14% 18.3% 2.1% 6.44%
Free Cash Flow (FCF) 1 17,537 19,362 7,173 12,558 12,242 35,880 17,800 -3,515
Change - 10.41% -62.95% 75.07% -2.52% 193.09% -50.39% -119.75%
Announcement Date 8/23/22 8/22/23 8/20/24 8/25/25 8/31/26 - - -
1ZAR in Million
Estimates

Forecast Financial Ratios: Sasol Limited

Fiscal Period: June 2022 2023 2024 2025 2026 2027 2028 2029

Profitability

        
EBITDA Margin (%) 26.05% 22.89% 23.17% 21.06% 22.31% 24.03% 20.12% 19.36%
EBIT Margin (%) 18.68% 19.12% 17.49% 15.44% 15.81% 18.52% 16.29% 14.8%
EBT Margin (%) 20.14% 5.01% -12.54% 4.93% 6.84% 16.19% 10.68% 8.93%
Net margin (%) 14.13% 3.04% -16.09% 2.72% 4.46% 12.2% 8.06% 7.23%
FCF margin (%) 6.36% 6.68% 2.61% 5.04% 4.5% 12.66% 6.76% -1.29%
FCF / Net Income (%) 45.02% 220.05% -16.2% 185.58% 100.77% 103.83% 83.94% -17.81%

Profitability

        
ROA - 7.92% 2.88% 6.19% 6.78% 8.07% 4.06% -
ROE 17.75% 17.52% 6.77% 15.18% 15.54% 18% 11.7% 11.22%

Financial Health

        
Leverage (Debt/EBITDA) 1.08x 1.31x 1.41x 1.52x 1.12x 0.62x 0.62x 0.36x
Debt / Free cash flow 4.43x 4.48x 12.52x 6.34x 5.54x 1.18x 1.85x -5.37x

Capital Intensity

        
CAPEX / Current Assets (%) 8.24% 10.44% 11.06% 10.43% 7.63% 8.66% 9.52% 9.77%
CAPEX / EBITDA (%) 31.61% 45.62% 47.73% 49.52% 34.18% 36.06% 47.33% 50.48%
CAPEX / FCF (%) 129.51% 156.22% 424.2% 206.9% 169.51% 68.42% 140.81% -758.97%

Items per share

        
Cash flow per share 1 63.4 74.95 59.4 60.39 50.88 89.37 72.79 62.93
Change - 18.22% -20.74% 1.66% -15.75% 75.66% -18.56% -13.54%
Dividend per Share 1 14.7 17 2 - - 10.85 7.721 7.83
Change - 15.65% -88.24% - - - -28.82% 1.41%
Book Value Per Share 1 296.7 307.3 220.5 234.7 251.1 291.1 310.8 350.8
Change - 3.57% -28.25% 6.44% 6.98% 15.93% 6.76% 12.88%
EPS 1 62.34 13.02 -69.94 10.54 18.73 49.31 32.7 33.27
Change - -79.11% -637.17% 115.07% 77.7% 163.26% -33.69% 1.75%
Nbr of stocks (in thousands) 621,707 626,698 626,698 626,698 635,410 635,410 635,410 635,410
Announcement Date 8/23/22 8/22/23 8/20/24 8/25/25 8/31/26 - - -
1ZAR
Estimates
2027 *2028 *
P/E 4.88x 7.35x
PBR 0.83x 0.77x
EV / Sales 0.69x 0.7x
Yield 4.51% 3.21%

EPS & Dividend

EPS & Dividend - Sasol Limited


Y-o-Y evolution of P/E

Valuation ratios - P/E - Sasol Limited
 

Year-on-year evolution of the Yield

Valuation ratios - Yield - Sasol Limited
Trader
Investor
Global
Quality
ESG MSCI
-
Ratings Surperformance© - Sasol Limited
Sell
Consensus
Buy
Mean consensus
HOLD
Number of Analysts
10
Last Close Price
235.99ZAR
Average target price
210.57ZAR
Spread / Average Target
-10.77%

Quarterly revenue - Rate of surprise

Rate of surprise - Net sales - Quarterly - Sasol Limited