Company Valuation: Stockland

Data adjusted to current consolidation scope
Fiscal Period: June 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 11,100 8,605 9,603 9,933 12,835 10,262 - -
Change - -22.48% 11.6% 3.43% 29.22% -20.05% - -
Enterprise Value (EV) 1 14,692 12,699 13,239 13,944 17,367 15,305 15,495 15,680
Change - -13.57% 4.26% 5.32% 24.55% -11.87% 1.24% 1.19%
P/E Ratio 10.1x 6.26x 22x 32.8x 15.6x 11.7x 11.2x 10.6x
PBR 1.16x 0.83x 0.94x 1x 1.26x 0.97x 0.94x 0.9x
PEG - 0.3x -0.3x -1.1x 0x 2.33x 2.49x 1.64x
Capitalization / Revenue 4.03x 3.02x 3.42x 3.32x 4.1x 2.57x 2.57x 2.45x
EV / Revenue 5.33x 4.46x 4.71x 4.66x 5.55x 3.84x 3.88x 3.75x
EV / EBITDA 18.4x 16.2x 15.1x 16.6x 19.7x 14.6x 14.2x 13.5x
EV / EBIT 18.7x 16.6x 15.4x 17x 20.1x 14.8x 14.8x 14x
EV / FCF 22.9x 14.2x 42.8x 423x 53.4x 58.1x 22.7x 21.7x
FCF Yield 4.36% 7.06% 2.33% 0.24% 1.87% 1.72% 4.4% 4.62%
Dividend per Share 2 0.246 0.266 0.262 0.246 0.252 0.2513 0.251 0.2565
Rate of return 5.28% 7.37% 6.5% 5.9% 4.7% 5.94% 5.93% 6.06%
EPS 2 0.462 0.577 0.183 0.127 0.343 0.3602 0.3764 0.4008
Distribution rate 53.2% 46.1% 143% 194% 73.5% 69.8% 66.7% 64%
Net sales 1 2,756 2,847 2,808 2,989 3,131 3,991 3,991 4,183
EBITDA 1 797 784 878 838 882 1,047 1,091 1,162
EBIT 1 784 767 861 822 864 1,036 1,050 1,120
Net income 1 1,105 1,381 438 305 826 862.6 915.9 931
Net Debt 1 3,592 4,094 3,636 4,011 4,532 5,044 5,234 5,418
Reference price 2 4.660 3.610 4.030 4.170 5.360 4.230 4.230 4.230
Nbr of stocks (in thousands) 2,382,024 2,383,654 2,382,994 2,381,896 2,394,542 2,425,901 - -
Announcement Date 8/19/21 8/18/22 8/23/23 8/21/24 8/19/25 - - -
1AUD in Million2AUD
Estimates

P/E Ratio, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
11.38x3.76x14.32x6.13% 6.96B
14.77x4.62x12.67x3.39% 42.6B
9.32x1.55x7.76x3.83% 33.56B
22.67x4.41x18.52x1.12% 31.05B
5.48x0.52x1.05x9.26% 25.99B
15.51x3.18x15.71x2.26% 26.04B
11.8x1.78x15.12x3.2% 21.81B
9.31x2.24x7.72x3.99% 20.34B
15.04x6.62x18.77x1.26% 19.96B
Average 12.81x 3.19x 12.40x 3.83% 25.37B
Weighted average by Cap. 13.22x 3.17x 12.14x 3.62%

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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