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 16,563 - -
Change - -9.47% -2.88% -22.29% 41.07% 37.11% - -
Enterprise Value (EV) 1 11,995 11,829 11,781 8,440 12,080 13,512 14,798 14,749
Change - -1.38% -0.41% -28.36% 43.12% 11.86% 9.52% -0.33%
P/E 4.76x -65.9x -54.3x 40.6x 11.2x 14x 12.1x 13.4x
PBR 1.17x 1.22x 1.23x 0.97x - 1.58x 1.4x 1.29x
PEG - 1x -2.9x -0x 0x 1.5x 0.8x -1.36x
Capitalization / Revenue 1.35x 1.25x 1.33x 1.13x 2.08x 3x 3.44x 2.66x
EV / Revenue 1.29x 1.31x 1.42x 1.11x 2.08x 2.45x 3.08x 2.37x
EV / EBITDA 2.52x 4.67x 6.54x 4.38x 4.91x 5.55x 6.49x 6.53x
EV / EBIT 3.02x 7.32x 13.3x 6.97x 7.04x 8x 9.37x 9.54x
EV / FCF 4.84x 39x - 25x - 11.7x 12.5x 10.4x
FCF Yield 20.7% 2.56% - 4% - 8.53% 8.02% 9.57%
Dividend per Share 2 0.227 0.081 0.035 0.06 - 0.1131 0.108 0.1015
Rate of return 8.36% 3.24% 1.43% 3.14% - 3.06% 2.92% 2.75%
EPS 2 0.57 -0.038 -0.045 0.047 0.241 0.2636 0.3048 0.2749
Distribution rate 39.8% -213% -77.8% 128% - 42.9% 35.4% 36.9%
Net sales 1 9,269 9,050 8,296 7,610 5,816 5,513 4,811 6,226
EBITDA 1 4,755 2,534 1,802 1,928 2,462 2,435 2,279 2,259
EBIT 1 3,967 1,616 886 1,211 1,717 1,690 1,579 1,546
Net income 1 2,669 -173 -203 213 1,087 1,236 1,213 1,086
Net Debt 1 -538 483 762 -123 - -3,051 -1,765 -1,814
Reference price 2 2.715 2.502 2.442 1.908 2.698 3.695 3.695 3.695
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.($)
18.26x4.32x7.76x3.18% 241B
12.26x3.02x6.54x4.8% 177B
16.7x4.7x7.78x2.97% 107B
13.12x0.4x6.5x3.16% 94.72B
27.01x6.7x17.6x-.--% 68.34B
55.25x3.39x8.33x1.1% 61.98B
15.86x3.22x6.38x0.57% 33.45B
14.31x4.66x7.09x4.05% 31.65B
13.47x4.84x8.54x3.8% 26.53B
Average 20.69x 3.92x 8.50x 2.63% 93.57B
Weighted average by Cap. 19.26x 3.76x 8.15x 3.03%

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