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 46,527 - -
Change - -16.29% -16.02% 20.37% 25.24% 29.12% - -
Enterprise Value (EV) 1 49,182 46,734 48,269 65,566 61,406 79,085 79,888 80,977
Change - -4.98% 3.29% 35.83% -6.34% 28.79% 1.01% 1.36%
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 1.82x 1.68x 1.61x
PEG - - -0.6x 0.3x 0.9x 0.4x 0.9x 1x
Capitalization / Revenue 2.83x 2.34x 2x 2.21x 2.58x 3.04x 2.91x 2.77x
EV / Revenue 4.09x 3.85x 4.04x 5.04x 4.4x 5.17x 5x 4.82x
EV / EBITDA - - - - - - - -
EV / EBIT 14.6x 13x 16.2x 18.9x 16.2x 16.8x 15.9x 16.7x
EV / FCF - - - - - - - -
FCF Yield - - - - - - - -
Dividend per Share 2 2.18 2.4 2.64 2.9 3.2 3.464 3.682 3.896
Rate of return 2.34% 3.09% 3.41% 2.95% 2.48% 2.06% 2.19% 2.32%
EPS 2 7.19 7.19 5.58 8.21 9.4 12.31 14.01 15.55
Distribution rate 30.3% 33.4% 47.3% 35.3% 34% 28.1% 26.3% 25.1%
Net sales 1 12,027 12,148 11,945 13,000 13,944 15,287 15,970 16,785
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 3,427 3,774 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 98.15 129.01 168.11 168.11 168.11
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.($)
13.66x5.17x - 2.06% 46.53B
14.86x3.44x - 2.43% 150B
19.56x5.22x11.45x2.35% 150B
16.28x7.25x - 1.56% 98.54B
23.23x11.32x16.27x4.46% 71.14B
10.67x1.51x4.73x1.47% 40.71B
4.72x4.8x4.76x3.74% 33.8B
15.18x5.22x16.47x1.88% 32.17B
12.4x2.53x6.46x4.72% 23.63B
Average 14.51x 5.16x 10.02x 2.74% 71.84B
Weighted average by Cap. 16.13x 5.43x 11.13x 2.54%

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