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 90,813 - -
Change - 27.77% -13.85% -26.5% 19.17% 41.68% - -
Enterprise Value (EV) 1 97,884 111,797 103,497 90,192 103,501 126,600 123,192 120,534
Change - 14.21% -7.42% -12.86% 14.76% 22.32% -2.69% -2.16%
P/E 13.4x 5x 17.7x -34x 182x 12.6x 12.6x 12.8x
PBR 1.82x 1.89x 1.69x 1.2x 1.68x 2.22x 2.09x 1.92x
PEG - 0x -0.2x 0x -1x 0x -27.8x -13.36x
Capitalization / Revenue 0.33x 0.33x 0.34x 0.23x 0.26x 0.28x 0.32x 0.32x
EV / Revenue 0.48x 0.44x 0.48x 0.39x 0.42x 0.39x 0.44x 0.43x
EV / EBITDA 4.59x 3.28x 6.05x 6.28x 7.67x 6.27x 5.99x 5.94x
EV / EBIT 6.75x 4.19x 9.96x 13x 17.3x 9.32x 9.12x 9.31x
EV / FCF 18.7x 11.8x 15.8x 20.3x -357x 22.4x 15x 17.8x
FCF Yield 5.36% 8.48% 6.33% 4.93% -0.28% 4.46% 6.65% 5.62%
Dividend per Share 2 0.26 0.44 0.13 0.1 0.1 0.2556 0.2699 0.3045
Rate of return 5.12% 6.61% 2.16% 2.26% 1.83% 3.3% 3.49% 3.93%
EPS 2 0.38 1.33 0.34 -0.13 0.03 0.6155 0.6127 0.6068
Distribution rate 68.4% 33.1% 38.2% -76.9% 333% 41.5% 44.1% 50.2%
Net sales 1 203,751 255,984 217,829 230,944 247,535 324,427 282,499 279,926
EBITDA 1 21,323 34,060 17,102 14,358 13,500 20,197 20,558 20,301
EBIT 1 14,495 26,657 10,392 6,938 5,978 13,582 13,506 12,946
Net income 1 4,974 17,320 4,280 -1,634 400 7,322 7,268 7,142
Net Debt 1 31,400 26,854 30,316 36,405 39,405 35,787 32,378 29,720
Reference price 2 5.077 6.656 6.013 4.424 5.472 7.738 7.738 7.738
Nbr of stocks (in thousands) 13,094,998 12,762,238 12,169,709 12,157,132 11,713,994 11,736,770 - -
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 (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
20.75x4.1x7.33x3.48% 228B
11.97x2.97x6.49x4.91% 175B
15.94x4.53x7.52x3.17% 102B
12.57x0.39x6.27x3.3% 90.81B
25.65x6.99x16.99x-.--% 67.31B
52.31x3.23x7.91x1.76% 58.72B
15.13x3.13x6.19x0.59% 32.42B
13.6x4.42x6.66x4.3% 30.02B
13.29x4.78x8.49x3.82% 25.91B
Average 20.14x 3.84x 8.20x 2.82% 90.03B
Weighted average by Cap. 19.30x 3.67x 7.86x 3.24%

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