Company Valuation: South32 Limited

Data adjusted to current consolidation scope
Fiscal Period: June 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 10,205 12,533 11,346 11,019 8,563 12,363 - -
Change - 22.81% -9.47% -2.88% -22.29% 44.38% - -
Enterprise Value (EV) 1 9,784 11,995 11,829 11,781 8,440 12,402 12,294 11,717
Change - 22.6% -1.38% -0.41% -28.36% 46.94% -0.87% -4.69%
P/E -53.6x 4.76x -65.9x -54.3x 40.6x 12.4x 9.17x 8.45x
PBR 1.15x 1.17x 1.22x 1.23x 0.97x 1.31x 1.2x 1.11x
PEG - -0x 1x -2.9x -0x 0x 0.3x 0.99x
Capitalization / Revenue 1.61x 1.35x 1.25x 1.33x 1.13x 1.78x 1.95x 2.21x
EV / Revenue 1.54x 1.29x 1.31x 1.42x 1.11x 1.79x 1.94x 2.09x
EV / EBITDA 6.26x 2.52x 4.67x 6.54x 4.38x 5.72x 4.88x 4.9x
EV / EBIT 11.6x 3.02x 7.32x 13.3x 6.97x 8.47x 6.61x 6.69x
EV / FCF 12x 4.84x 39x - 25x 13.6x 10.9x 9.9x
FCF Yield 8.33% 20.7% 2.56% - 4% 7.35% 9.19% 10.1%
Dividend per Share 2 0.049 0.227 0.081 0.035 0.06 0.086 0.1093 0.1042
Rate of return 2.23% 8.36% 3.24% 1.43% 3.14% 3.08% 3.91% 3.73%
EPS 2 -0.041 0.57 -0.038 -0.045 0.047 0.2262 0.3048 0.3307
Distribution rate -120% 39.8% -213% -77.8% 128% 38% 35.9% 31.5%
Net sales 1 6,337 9,269 9,050 8,296 7,610 6,936 6,329 5,597
EBITDA 1 1,564 4,755 2,534 1,802 1,928 2,169 2,518 2,391
EBIT 1 844 3,967 1,616 886 1,211 1,464 1,861 1,751
Net income 1 -195 2,669 -173 -203 213 945.9 1,323 1,411
Net Debt 1 -421 -538 483 762 -123 38.56 -68.94 -646
Reference price 2 2.197 2.715 2.502 2.442 1.908 2.796 2.796 2.796
Nbr of stocks (in thousands) 4,645,432 4,616,755 4,533,946 4,512,457 4,488,409 4,477,228 - -
Announcement Date 8/18/21 8/24/22 8/23/23 8/28/24 8/27/25 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
17.69x3.74x6.67x3.81% 206B
10.91x2.65x5.75x5.37% 156B
13.38x3.95x6.61x3.74% 88.67B
12.4x0.4x5.75x3.02% 80.26B
23.34x6.25x14.45x-.--% 60.79B
26.52x2.86x7.36x1.3% 52.07B
15.55x3.06x6.41x0.64% 29.34B
10.79x3.76x5.57x5.03% 26.07B
12.77x4.51x7.95x4.28% 23.78B
Average 15.93x 3.46x 7.39x 3.02% 80.35B
Weighted average by Cap. 15.73x 3.31x 7.06x 3.48%

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