Company Valuation: Stockland

Data adjusted to current consolidation scope
Fiscal Period: June 2022 2023 2024 2025 2026 2027 2028 2029
Market Cap 1 8,605 9,603 9,933 12,835 9,898 10,448 - -
Change - 11.6% 3.43% 29.22% -22.88% 5.56% - -
Enterprise Value (EV) 1 12,699 13,239 13,944 17,367 9,898 14,775 14,852 14,924
Change - 4.26% 5.32% 24.55% -43.01% 49.28% 0.53% 0.48%
P/E 6.26x 22x 32.8x 15.6x 9.95x 11.1x 10.6x 9.43x
PBR 0.83x 0.94x 1x 1.26x - 0.95x 0.91x 0.87x
PEG - -0.3x -1.1x 0x 0.5x -1.98x 1.93x 0.8x
Capitalization / Revenue 3.02x 3.42x 3.32x 4.1x 2.76x 2.78x 2.7x 3.06x
EV / Revenue 4.46x 4.71x 4.66x 5.55x 2.76x 3.94x 3.84x 4.37x
EV / EBITDA 16.2x 15.1x 16.6x 19.7x 8.15x 13.8x 13x 12.1x
EV / EBIT 16.6x 15.4x 17x 20.1x 8.74x 14.3x 13.5x 12.6x
EV / FCF 14.2x 42.8x 423x 53.4x - 19.9x 19.4x 16.6x
FCF Yield 7.06% 2.33% 0.24% 1.87% - 5.02% 5.16% 6.03%
Dividend per Share 2 0.266 0.262 0.246 0.252 - 0.2526 0.2603 0.2702
Rate of return 7.37% 6.5% 5.9% 4.7% - 5.86% 6.04% 6.27%
EPS 2 0.577 0.183 0.127 0.343 0.41 0.387 0.4083 0.457
Distribution rate 46.1% 143% 194% 73.5% - 65.3% 63.7% 59.1%
Net sales 1 2,847 2,808 2,989 3,131 3,589 3,752 3,869 3,413
EBITDA 1 784 878 838 882 1,214 1,070 1,141 1,237
EBIT 1 767 861 822 864 1,133 1,036 1,103 1,187
Net income 1 1,381 438 305 826 994 942.7 995.7 1,112
Net Debt 1 4,094 3,636 4,011 4,532 - 4,327 4,404 4,476
Reference price 2 3.610 4.030 4.170 5.360 4.080 4.310 4.310 4.310
Nbr of stocks (in thousands) 2,383,654 2,382,994 2,381,896 2,394,542 2,425,901 2,424,131 - -
Announcement Date 8/18/22 8/23/23 8/21/24 8/19/25 8/18/26 - - -
1AUD in Million2AUD
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
15.82x5x13.46x3.2% 45.05B
8.73x1.51x7.87x4.07% 30.18B
18.8x4.1x16.57x1.3% 28.78B
5.5x0.66x1.4x9.09% 26.47B
14.25x3.13x14.96x2.46% 25.91B
8.16x0.9x3.29x2.74% 20.87B
10.81x2.05x9.59x4.11% 20.47B
10.46x1.52x12.68x3.63% 19.29B
13.59x6.57x17.49x1.57% 19.61B
Average 11.79x 2.83x 10.81x 3.58% 26.29B
Weighted average by Cap. 12.22x 2.99x 10.98x 3.6%

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