Company Valuation: South32 Limited

Data adjusted to current consolidation scope
Fiscal Period: June 2022 2023 2024 2025 2026 2027 2028 2029
Market Cap 1 12,533 11,346 11,019 8,563 12,080 15,560 - -
Change - -9.47% -2.88% -22.29% 41.07% 28.81% - -
Enterprise Value (EV) 1 11,995 11,829 11,781 8,440 12,080 12,561 13,817 13,751
Change - -1.38% -0.41% -28.36% 43.12% 3.98% 10% -0.47%
P/E 4.76x -65.9x -54.3x 40.6x 11.2x 13.2x 12.5x 12.6x
PBR 1.17x 1.22x 1.23x 0.97x - 1.48x 1.32x 1.24x
PEG - 1x -2.9x -0x 0x 1.5x 2.08x -10.98x
Capitalization / Revenue 1.35x 1.25x 1.33x 1.13x 2.08x 2.96x 3.23x 2.5x
EV / Revenue 1.29x 1.31x 1.42x 1.11x 2.08x 2.39x 2.87x 2.21x
EV / EBITDA 2.52x 4.67x 6.54x 4.38x 4.91x 5.17x 6.04x 6.11x
EV / EBIT 3.02x 7.32x 13.3x 6.97x 7.04x 7.54x 8.75x 8.9x
EV / FCF 4.84x 39x - 25x - 10.8x 13x 9.74x
FCF Yield 20.7% 2.56% - 4% - 9.29% 7.69% 10.3%
Dividend per Share 2 0.227 0.081 0.035 0.06 - 0.1082 0.0971 0.0984
Rate of return 8.36% 3.24% 1.43% 3.14% - 3.12% 2.8% 2.84%
EPS 2 0.57 -0.038 -0.045 0.047 0.241 0.2622 0.278 0.2748
Distribution rate 39.8% -213% -77.8% 128% - 41.3% 34.9% 35.8%
Net sales 1 9,269 9,050 8,296 7,610 5,816 5,264 4,811 6,226
EBITDA 1 4,755 2,534 1,802 1,928 2,462 2,432 2,287 2,252
EBIT 1 3,967 1,616 886 1,211 1,717 1,665 1,579 1,546
Net income 1 2,669 -173 -203 213 1,087 1,229 1,236 1,100
Net Debt 1 -538 483 762 -123 - -2,999 -1,743 -1,808
Reference price 2 2.715 2.502 2.442 1.908 2.698 3.472 3.472 3.472
Nbr of stocks (in thousands) 4,616,755 4,533,946 4,512,457 4,488,409 4,477,228 4,481,888 - -
Announcement Date 8/24/22 8/23/23 8/28/24 8/27/25 8/26/26 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
16.37x3.94x7.1x3.57% 218B
11.03x2.76x5.98x5.34% 161B
14.79x4.25x7.02x3.22% 97.89B
11.72x0.37x5.96x3.54% 85.17B
25.59x6.23x16.53x-.--% 63.17B
54.99x3.12x7.65x2.33% 56.37B
15.78x3.21x6.33x0.57% 32.6B
12.67x4.04x6.22x4.91% 27.5B
13.14x4.75x8.33x3.78% 25.84B
Average 19.56x 3.63x 7.90x 3.03% 85.19B
Weighted average by Cap. 17.86x 3.46x 7.52x 3.43%

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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  3. S32 Stock
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  5. Valuation South32 Limited