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 96,016 109,529 - -
Change - 6.86% -1.54% 17.94% 6.45% 14.07% - -
Enterprise Value (EV) 1 124,600 77,671 137,726 153,951 166,968 187,854 196,602 202,369
Change - -37.66% 77.32% 11.78% 8.46% 12.51% 4.66% 2.93%
P/E 30.3x 21.8x 19.3x 20.6x 22.2x 21.9x 19.8x 18.2x
PBR 2.61x - 2.43x 2.72x 2.66x 2.79x 2.59x 2.39x
PEG - 0.5x 1.8x 2.14x -12.65x 1.6x 1.9x 2.09x
Capitalization / Revenue 3.14x 2.65x 3.03x 3.38x 3.25x 3.52x 3.34x 3.15x
EV / Revenue 5.39x 2.65x 5.45x 5.76x 5.65x 6.04x 6x 5.81x
EV / EBITDA 13.7x 8.37x 13.3x 13x 13.1x 13.3x 12.8x 11.9x
EV / EBIT 22.4x 13.8x 23.6x 21.8x 22.9x 22.2x 21x 19.3x
EV / FCF -116x - -89.3x 185x -56.9x -87.2x -79.5x 968x
FCF Yield -0.86% - -1.12% 0.54% -1.76% -1.15% -1.26% 0.1%
Dividend per Share 2 2.62 - 2.78 2.86 2.94 3.037 3.131 3.251
Rate of return 3.82% - 3.96% 3.47% 3.37% 3.13% 3.22% 3.35%
EPS 2 2.26 3.28 3.64 3.99 3.92 4.446 4.908 5.336
Distribution rate 116% - 76.4% 71.7% 75% 68.3% 63.8% 60.9%
Net sales 1 23,113 29,279 25,253 26,724 29,553 31,117 32,762 34,806
EBITDA 1 9,123 9,284 10,351 11,823 12,786 14,088 15,333 16,937
EBIT 1 5,558 5,621 5,826 7,068 7,285 8,481 9,366 10,507
Net income 1 2,393 3,524 3,976 4,401 4,341 5,009 5,587 6,219
Net Debt 1 51,919 - 61,252 63,754 70,952 78,325 87,073 92,841
Reference price 2 68.58 71.41 70.12 82.32 87.20 97.16 97.16 97.16
Nbr of stocks (in thousands) 1,059,804 1,087,673 1,090,619 1,095,684 1,101,105 1,127,301 - -
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.($)
21.86x6.04x13.33x3.13% 110B
34.04x5.99x43.9x0.19% 281B
22.12x9.27x15.33x2.79% 185B
21.51x4.44x12.01x3.34% 165B
14.02x1.98x6.96x5.1% 116B
19.03x5.72x11.41x3.41% 100B
21.55x3.3x12.95x0.64% 94.28B
21.76x5.41x13.02x2.79% 75.46B
19.28x6.38x13.65x3.85% 61.03B
16.43x3.21x10.18x0.58% 55.13B
Average 21.16x 5.17x 15.27x 2.58% 124.17B
Weighted average by Cap. 23.25x 5.54x 19.45x 2.36%

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