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 79,692 - -
Change - 27.77% -13.85% -26.5% 19.17% 24.33% - -
Enterprise Value (EV) 1 97,884 111,797 103,497 90,192 103,501 112,725 108,722 105,677
Change - 14.21% -7.42% -12.86% 14.76% 8.91% -3.55% -2.8%
P/E 13.4x 5x 17.7x -34x 182x 11.6x 11.6x 11.7x
PBR 1.82x 1.89x 1.69x 1.2x 1.68x 1.91x 1.76x 1.66x
PEG - 0x -0.2x 0x -1x 0x -57.62x -18.85x
Capitalization / Revenue 0.33x 0.33x 0.34x 0.23x 0.26x 0.28x 0.29x 0.29x
EV / Revenue 0.48x 0.44x 0.48x 0.39x 0.42x 0.39x 0.39x 0.39x
EV / EBITDA 4.59x 3.28x 6.05x 6.28x 7.67x 5.5x 5.26x 5.17x
EV / EBIT 6.75x 4.19x 9.96x 13x 17.3x 8.43x 8.29x 8.19x
EV / FCF 18.7x 11.8x 15.8x 20.3x -357x 18.4x 18.9x 16.7x
FCF Yield 5.36% 8.48% 6.33% 4.93% -0.28% 5.44% 5.28% 5.97%
Dividend per Share 2 0.26 0.44 0.13 0.1 0.1 0.2006 0.2136 0.243
Rate of return 5.12% 6.61% 2.16% 2.26% 1.83% 2.95% 3.14% 3.57%
EPS 2 0.38 1.33 0.34 -0.13 0.03 0.5861 0.5849 0.5813
Distribution rate 68.4% 33.1% 38.2% -76.9% 333% 34.2% 36.5% 41.8%
Net sales 1 203,751 255,984 217,829 230,944 247,535 289,729 275,670 274,168
EBITDA 1 21,323 34,060 17,102 14,358 13,500 20,506 20,657 20,443
EBIT 1 14,495 26,657 10,392 6,938 5,978 13,370 13,110 12,904
Net income 1 4,974 17,320 4,280 -1,634 400 6,795 6,777 6,721
Net Debt 1 31,400 26,854 30,316 36,405 39,405 33,033 29,029 25,985
Reference price 2 5.077 6.656 6.013 4.424 5.472 6.802 6.802 6.802
Nbr of stocks (in thousands) 13,094,998 12,762,238 12,169,709 12,157,132 11,713,994 11,715,401 - -
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.($)
16.02x3.77x6.7x3.7% 207B
11.22x2.77x5.93x5.26% 163B
13.67x3.98x6.69x3.7% 89.3B
21.66x6.26x14.22x0.05% 62.13B
26.52x2.88x7.31x1.39% 52.65B
16.12x3.06x6.53x0.65% 28.53B
10.94x3.88x5.64x4.83% 27.93B
12.51x4.43x7.77x4.71% 23.21B
18.37x4.25x7.73x0.33% 20.34B
Average 16.34x 3.92x 7.62x 2.74% 74.94B
Weighted average by Cap. 15.63x 3.73x 7.27x 3.41%

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