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 87,280 - -
Change - 27.77% -13.85% -26.5% 19.17% 36.17% - -
Enterprise Value (EV) 1 97,884 111,797 103,497 90,192 103,501 123,067 119,658 117,001
Change - 14.21% -7.42% -12.86% 14.76% 18.9% -2.77% -2.22%
P/E 13.4x 5x 17.7x -34x 182x 12.1x 12.1x 12.3x
PBR 1.82x 1.89x 1.69x 1.2x 1.68x 2.14x 2.01x 1.84x
PEG - 0x -0.2x 0x -1x 0x -26.69x -12.84x
Capitalization / Revenue 0.33x 0.33x 0.34x 0.23x 0.26x 0.27x 0.31x 0.31x
EV / Revenue 0.48x 0.44x 0.48x 0.39x 0.42x 0.38x 0.42x 0.42x
EV / EBITDA 4.59x 3.28x 6.05x 6.28x 7.67x 6.09x 5.82x 5.76x
EV / EBIT 6.75x 4.19x 9.96x 13x 17.3x 9.06x 8.86x 9.04x
EV / FCF 18.7x 11.8x 15.8x 20.3x -357x 21.8x 14.6x 17.3x
FCF Yield 5.36% 8.48% 6.33% 4.93% -0.28% 4.58% 6.85% 5.79%
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% 3.44% 3.63% 4.09%
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 7.436 7.436 7.436
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 (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
12.3x0.38x6.17x3.38% 88.85B
19.88x4.09x7.31x3.49% 228B
11.39x2.85x6.21x5.16% 167B
15.61x4.44x7.36x3.23% 100B
25.39x6.93x16.84x-.--% 66.64B
50.43x3.13x7.66x1.21% 56.62B
14.62x3.03x5.99x0.62% 31.27B
12.95x4.19x6.32x4.52% 28.57B
13.13x4.72x8.39x3.87% 25.59B
18.82x4.48x8.17x0.3% 21.42B
Average 19.45x 3.82x 8.04x 2.58% 81.35B
Weighted average by Cap. 18.68x 3.63x 7.74x 3.2%

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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