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 10,359 - -
Change - -22.48% 11.6% 3.43% 29.22% -19.29% - -
Enterprise Value (EV) 1 14,692 12,699 13,239 13,944 17,367 15,325 15,474 15,586
Change - -13.57% 4.26% 5.32% 24.55% -11.76% 0.97% 0.72%
P/E 10.1x 6.26x 22x 32.8x 15.6x 11.8x 11.3x 10.7x
PBR 1.16x 0.83x 0.94x 1x 1.26x 0.97x 0.93x 0.89x
PEG - 0.3x -0.3x -1.1x 0x 2.23x 2.58x 1.71x
Capitalization / Revenue 4.03x 3.02x 3.42x 3.32x 4.1x 2.59x 2.53x 2.43x
EV / Revenue 5.33x 4.46x 4.71x 4.66x 5.55x 3.83x 3.78x 3.65x
EV / EBITDA 18.4x 16.2x 15.1x 16.6x 19.7x 14.8x 14.7x 13.7x
EV / EBIT 18.7x 16.6x 15.4x 17x 20.1x 15x 14.8x 13.8x
EV / FCF 22.9x 14.2x 42.8x 423x 53.4x 60.3x 23.1x 21.7x
FCF Yield 4.36% 7.06% 2.33% 0.24% 1.87% 1.66% 4.33% 4.6%
Dividend per Share 2 0.246 0.266 0.262 0.246 0.252 0.2511 0.2499 0.2563
Rate of return 5.28% 7.37% 6.5% 5.9% 4.7% 5.88% 5.85% 6%
EPS 2 0.462 0.577 0.183 0.127 0.343 0.3611 0.3769 0.4005
Distribution rate 53.2% 46.1% 143% 194% 73.5% 69.5% 66.3% 64%
Net sales 1 2,756 2,847 2,808 2,989 3,131 4,003 4,092 4,268
EBITDA 1 797 784 878 838 882 1,035 1,053 1,139
EBIT 1 784 767 861 822 864 1,021 1,049 1,126
Net income 1 1,105 1,381 438 305 826 862.9 918.7 987.5
Net Debt 1 3,592 4,094 3,636 4,011 4,532 4,966 5,116 5,228
Reference price 2 4.660 3.610 4.030 4.170 5.360 4.270 4.270 4.270
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, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
12.02x3.87x14.97x5.79% 7.43B
15.1x4.82x12.97x3.35% 42.99B
8.61x1.49x7.8x4.13% 29.74B
18.41x4.03x16.47x1.34% 28.08B
6.23x0.33x0.69x8.99% 26.76B
13.66x3.05x14.7x2.59% 24.75B
8.84x2.28x7x3.95% 20.82B
8.03x0.89x3.24x2.78% 20.55B
13.7x6.59x17.66x1.55% 19.8B
10.08x1.64x14.18x3.74% 18.37B
Average 11.47x 2.90x 10.97x 3.82% 23.93B
Weighted average by Cap. 11.79x 2.94x 10.73x 3.72%

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