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 50,155 - -
Change - -16.29% -16.02% 20.37% 25.24% 39.19% - -
Enterprise Value (EV) 1 49,182 46,734 48,269 65,566 61,406 83,752 84,571 85,682
Change - -4.98% 3.29% 35.83% -6.34% 36.39% 0.98% 1.31%
P/E 12.9x 10.8x 13.9x 12x 13.7x 13.7x 12x 10.8x
PBR 1.24x 1.07x 0.98x 1.26x 1.48x 1.96x 1.8x 1.69x
PEG - - -0.6x 0.3x 0.9x 0.3x 0.9x 1x
Capitalization / Revenue 2.83x 2.34x 2x 2.21x 2.58x 3.16x 3.01x 2.84x
EV / Revenue 4.09x 3.85x 4.04x 5.04x 4.4x 5.27x 5.07x 4.85x
EV / EBITDA - - - - - - - -
EV / EBIT 14.6x 13x 16.2x 18.9x 16.2x 17.6x 15x 15.5x
EV / FCF - - - - - - - -
FCF Yield - - - - - - - -
Dividend per Share 2 2.18 2.4 2.64 2.9 3.2 3.505 3.8 4.038
Rate of return 2.34% 3.09% 3.41% 2.95% 2.48% 1.92% 2.08% 2.21%
EPS 2 7.19 7.19 5.58 8.21 9.4 13.33 15.16 16.83
Distribution rate 30.3% 33.4% 47.3% 35.3% 34% 26.3% 25.1% 24%
Net sales 1 12,027 12,148 11,945 13,000 13,944 15,891 16,688 17,668
EBITDA - - - - - - - -
EBIT 1 3,378 3,604 2,987 3,470 3,790 4,751 5,653 5,535
Net income 1 2,572 2,660 1,821 2,483 2,717 3,697 4,068 4,302
Net Debt 1 15,178 18,270 24,366 36,793 25,372 33,596 34,416 35,527
Reference price 2 93.00 77.57 77.46 98.15 129.01 182.58 182.58 182.58
Nbr of stocks (in thousands) 365,629 366,940 308,584 293,151 279,312 274,703 - -
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 (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
13.83x5.29x - 1.92% 50.16B
19.72x5.46x11.73x2.17% 163B
15.27x3.57x - 2.36% 161B
17.05x7.54x - 1.47% 106B
25.66x11.99x20.59x4.2% 75.62B
12.04x1.82x5.71x1.27% 47.31B
4.71x4.73x4.78x3.76% 33.89B
13.95x5.41x17.88x1.81% 33.82B
11.4x2.64x6.53x4.45% 24.96B
Average 14.85x 5.38x 11.20x 2.6% 77.41B
Weighted average by Cap. 16.67x 5.65x 12.33x 2.39%

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