Company Valuation: Southern Company

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 72,681 77,671 76,474 90,197 96,016 105,741 - -
Change - 6.86% -1.54% 17.94% 6.45% 10.13% - -
Enterprise Value (EV) 1 124,600 77,671 137,726 153,951 166,968 183,471 192,638 198,405
Change - -37.66% 77.32% 11.78% 8.46% 9.88% 5% 2.99%
P/E 30.3x 21.8x 19.3x 20.6x 22.2x 20.5x 18.7x 17.2x
PBR 2.61x - 2.43x 2.72x 2.66x 2.69x 2.49x 2.28x
PEG - 0.5x 1.8x 2.14x -12.65x 1.4x 1.97x 2x
Capitalization / Revenue 3.14x 2.65x 3.03x 3.38x 3.25x 3.41x 3.22x 3.02x
EV / Revenue 5.39x 2.65x 5.45x 5.76x 5.65x 5.91x 5.87x 5.67x
EV / EBITDA 13.7x 8.37x 13.3x 13x 13.1x 13.1x 12.6x 11.7x
EV / EBIT 22.4x 13.8x 23.6x 21.8x 22.9x 22.3x 21x 19.3x
EV / FCF -116x - -89.3x 185x -56.9x -86.8x -77.2x 958x
FCF Yield -0.86% - -1.12% 0.54% -1.76% -1.15% -1.3% 0.1%
Dividend per Share 2 2.62 - 2.78 2.86 2.94 3.026 3.135 3.255
Rate of return 3.82% - 3.96% 3.47% 3.37% 3.29% 3.41% 3.54%
EPS 2 2.26 3.28 3.64 3.99 3.92 4.484 4.91 5.332
Distribution rate 116% - 76.4% 71.7% 75% 67.5% 63.8% 61.1%
Net sales 1 23,113 29,279 25,253 26,724 29,553 31,035 32,799 35,015
EBITDA 1 9,123 9,284 10,351 11,823 12,786 13,999 15,264 16,924
EBIT 1 5,558 5,621 5,826 7,068 7,285 8,241 9,156 10,267
Net income 1 2,393 3,524 3,976 4,401 4,341 5,070 5,635 6,268
Net Debt 1 51,919 - 61,252 63,754 70,952 77,729 86,897 92,664
Reference price 2 68.58 71.41 70.12 82.32 87.20 91.92 91.92 91.92
Nbr of stocks (in thousands) 1,059,804 1,087,673 1,090,619 1,095,684 1,101,105 1,150,363 - -
Announcement Date 2/17/22 2/16/23 2/15/24 2/20/25 2/19/26 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
20.5x5.91x13.11x3.29% 106B
32.8x5.58x40.86x0.2% 269B
21.33x9.18x15.65x2.88% 179B
20.26x4.2x11.53x3.52% 154B
13.56x1.93x6.86x5.22% 113B
21.82x3.29x13.97x0.61% 98.63B
18.24x5.6x11.33x3.55% 96.05B
19.27x5.05x12.21x3.13% 67.28B
18.93x6.26x13.42x3.92% 59.9B
24.28x6.14x13.79x2.43% 49.73B
Average 21.10x 5.32x 15.27x 2.88% 119.25B
Weighted average by Cap. 22.65x 5.47x 18.89x 2.53%

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

  1. Stock Market
  2. Stocks
  3. SO Stock
  4. Valuation Southern Company