Company Valuation: State Street Corporation

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 34,004 28,464 23,903 28,773 36,034 47,100 - -
Change - -16.29% -16.02% 20.37% 25.24% 30.71% - -
Enterprise Value (EV) 1 49,182 46,734 48,269 65,566 61,406 79,658 80,461 81,550
Change - -4.98% 3.29% 35.83% -6.34% 29.72% 1.01% 1.35%
P/E 12.9x 10.8x 13.9x 12x 13.7x 13.8x 12.1x 10.9x
PBR 1.24x 1.07x 0.98x 1.26x 1.48x 1.84x 1.7x 1.63x
PEG - - -0.6x 0.3x 0.9x 0.4x 0.9x 1x
Capitalization / Revenue 2.83x 2.34x 2x 2.21x 2.58x 3.06x 2.93x 2.78x
EV / Revenue 4.09x 3.85x 4.04x 5.04x 4.4x 5.18x 5x 4.81x
EV / EBITDA - - - - - - - -
EV / EBIT 14.6x 13x 16.2x 18.9x 16.2x 16.9x 16x 16.8x
EV / FCF - - - - - - - -
FCF Yield - - - - - - - -
Dividend per Share 2 2.18 2.4 2.64 2.9 3.2 3.471 3.704 3.978
Rate of return 2.34% 3.09% 3.41% 2.95% 2.48% 2.04% 2.18% 2.34%
EPS 2 7.19 7.19 5.58 8.21 9.4 12.33 14.08 15.55
Distribution rate 30.3% 33.4% 47.3% 35.3% 34% 28.1% 26.3% 25.6%
Net sales 1 12,027 12,148 11,945 13,000 13,944 15,389 16,102 16,962
EBITDA - - - - - - - -
EBIT 1 3,378 3,604 2,987 3,470 3,790 4,708 5,026 4,860
Net income 1 2,572 2,660 1,821 2,483 2,717 3,434 3,796 4,167
Net Debt 1 15,178 18,270 24,366 36,793 25,372 32,558 33,360 34,450
Reference price 2 93.00 77.57 77.46 98.15 129.01 170.18 170.18 170.18
Nbr of stocks (in thousands) 365,629 366,940 308,584 293,151 279,312 276,767 - -
Announcement Date 1/19/22 1/20/23 1/19/24 1/17/25 1/16/26 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
13.83x5.19x - 2.04% 47.1B
14.87x3.42x - 2.44% 150B
19.27x5.14x11.27x2.39% 147B
16.27x7.24x - 1.56% 98.7B
23.97x11.21x19.06x4.52% 70.25B
10.53x1.47x4.57x1.49% 40.17B
4.65x4.73x4.7x3.79% 33.4B
14.78x5.16x16.52x1.88% 32.37B
12.87x2.64x6.75x4.53% 24.51B
Average 14.56x 5.13x 10.48x 2.74% 71.59B
Weighted average by Cap. 16.13x 5.38x 11.61x 2.55%

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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  4. Valuation State Street Corporation