Company Valuation: SLB N.V.

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 42,009 75,806 74,327 54,142 57,337 85,086 - -
Change - 80.45% -1.95% -27.16% 5.9% 48.4% - -
Enterprise Value (EV) 1 53,065 85,138 82,303 61,547 64,761 92,560 91,485 89,879
Change - 60.44% -3.33% -25.22% 5.22% 42.93% -1.16% -1.75%
P/E 22.7x 22.4x 17.9x 12.3x 16.3x 23.3x 17.7x 15.2x
PBR 2.79x 4.29x 3.48x 2.46x 2.02x 3.24x 3.16x 3.02x
PEG - 0.3x 0.8x 1.79x -0.7x 5x 0.6x 0.9x
Capitalization / Revenue 1.83x 2.7x 2.24x 1.49x 1.61x 2.3x 2.14x 2.02x
EV / Revenue 2.31x 3.03x 2.48x 1.7x 1.81x 2.5x 2.3x 2.13x
EV / EBITDA 10.8x 13.1x 10.2x 6.79x 7.65x 11.4x 9.78x 8.82x
EV / EBIT 19x 19.5x 14.2x 9.36x 11.1x 17.7x 14.1x 12.2x
EV / FCF 17.7x 60x 20.4x 15.4x 15.7x 20.6x 17.7x 14.6x
FCF Yield 5.65% 1.67% 4.91% 6.48% 6.35% 4.84% 5.66% 6.85%
Dividend per Share 2 0.5 0.725 1.025 1.1 1.14 1.174 1.23 1.315
Rate of return 1.67% 1.36% 1.97% 2.87% 2.97% 2.05% 2.15% 2.29%
EPS 2 1.32 2.39 2.91 3.11 2.35 2.46 3.237 3.783
Distribution rate 37.9% 30.3% 35.2% 35.4% 48.5% 47.7% 38% 34.8%
Net sales 1 22,929 28,091 33,135 36,289 35,708 37,023 39,827 42,172
EBITDA 1 4,912 6,521 8,106 9,070 8,463 8,107 9,355 10,195
EBIT 1 2,792 4,374 5,794 6,577 5,815 5,224 6,474 7,352
Net income 1 1,881 3,441 4,203 4,461 3,374 3,707 4,758 5,444
Net Debt 1 11,056 9,332 7,976 7,405 7,424 7,474 6,399 4,793
Reference price 2 29.95 53.46 52.04 38.34 38.38 57.33 57.33 57.33
Nbr of stocks (in thousands) 1,402,633 1,417,994 1,428,270 1,412,154 1,493,924 1,484,143 - -
Announcement Date 1/21/22 1/20/23 1/19/24 1/17/25 1/23/26 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
23.31x2.5x11.42x2.05% 85.09B
20.74x2.6x14.35x1.47% 61.95B
15.12x1.56x8.53x1.89% 30.14B
24.74x2.7x13.33x0.26% 29.74B
27.52x0.52x4.55x3.71% 10.05B
23.48x0.88x7.66x1.84% 7.48B
17.57x1.49x7x1.17% 6.72B
7x1.45x5.86x3.16% 6.59B
9.09x - - 4.19% 5.95B
28.83x5.67x10.2x3.48% 5.83B
Average 19.74x 2.15x 9.21x 2.32% 24.96B
Weighted average by Cap. 21.23x 2.32x 11.34x 1.82%

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