Company Valuation: Glencore plc

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 66,484 84,943 73,181 53,787 64,096 85,652 - -
Change - 27.77% -13.85% -26.5% 19.17% 33.63% - -
Enterprise Value (EV) 1 97,884 111,797 103,497 90,192 103,501 120,309 117,231 115,194
Change - 14.21% -7.42% -12.86% 14.76% 16.24% -2.56% -1.74%
P/E 13.4x 5x 17.7x -34x 182x 12.5x 11.8x 12x
PBR 1.82x 1.89x 1.69x 1.2x 1.68x 2.08x 1.95x 1.81x
PEG - 0x -0.2x 0x -1x 0x 1.89x -7.31x
Capitalization / Revenue 0.33x 0.33x 0.34x 0.23x 0.26x 0.3x 0.31x 0.31x
EV / Revenue 0.48x 0.44x 0.48x 0.39x 0.42x 0.42x 0.42x 0.42x
EV / EBITDA 4.59x 3.28x 6.05x 6.28x 7.67x 5.97x 5.66x 5.6x
EV / EBIT 6.75x 4.19x 9.96x 13x 17.3x 9.08x 8.71x 8.76x
EV / FCF 18.7x 11.8x 15.8x 20.3x -357x 19.5x 19.4x 17.6x
FCF Yield 5.36% 8.48% 6.33% 4.93% -0.28% 5.12% 5.16% 5.69%
Dividend per Share 2 0.26 0.44 0.13 0.1 0.1 0.2071 0.2731 0.27
Rate of return 5.12% 6.61% 2.16% 2.26% 1.83% 2.83% 3.74% 3.69%
EPS 2 0.38 1.33 0.34 -0.13 0.03 0.5849 0.6215 0.6113
Distribution rate 68.4% 33.1% 38.2% -76.9% 333% 35.4% 43.9% 44.2%
Net sales 1 203,751 255,984 217,829 230,944 247,535 286,595 276,867 277,031
EBITDA 1 21,323 34,060 17,102 14,358 13,500 20,151 20,710 20,566
EBIT 1 14,495 26,657 10,392 6,938 5,978 13,252 13,452 13,154
Net income 1 4,974 17,320 4,280 -1,634 400 6,754 7,322 7,082
Net Debt 1 31,400 26,854 30,316 36,405 39,405 34,657 31,580 29,542
Reference price 2 5.077 6.656 6.013 4.424 5.472 7.309 7.309 7.309
Nbr of stocks (in thousands) 13,094,998 12,762,238 12,169,709 12,157,132 11,713,994 11,718,025 - -
Announcement Date 15/02/22 15/02/23 21/02/24 19/02/25 18/02/26 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
19.27x3.8x6.79x3.79% 211B
11.91x2.81x6.12x5.06% 164B
14.89x4.23x7.01x3.39% 95.55B
22.47x6.03x14.09x-.--% 58.51B
31.33x2.96x7.62x1.22% 53.67B
14.45x2.99x5.94x0.62% 30.64B
10.69x3.62x5.34x5.71% 24.98B
12.15x4.35x7.73x4.18% 23.67B
17.45x4.53x8.12x0.31% 21.7B
Average 17.18x 3.92x 7.64x 2.7% 75.95B
Weighted average by Cap. 17.28x 3.74x 7.33x 3.34%

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