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 80,483 - -
Change - 27.77% -13.85% -26.5% 19.17% 25.57% - -
Enterprise Value (EV) 1 97,884 111,797 103,497 90,192 103,501 116,368 113,996 112,796
Change - 14.21% -7.42% -12.86% 14.76% 12.43% -2.04% -1.05%
P/E 13.4x 5x 17.7x -34x 182x 12.2x 11x 11.2x
PBR 1.82x 1.89x 1.69x 1.2x 1.68x 1.97x 1.84x 1.7x
PEG - 0x -0.2x 0x -1x 0x 1x -6.05x
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 0.41x 0.41x 0.41x
EV / EBITDA 4.59x 3.28x 6.05x 6.28x 7.67x 5.85x 5.49x 5.48x
EV / EBIT 6.75x 4.19x 9.96x 13x 17.3x 8.8x 8.46x 8.56x
EV / FCF 18.7x 11.8x 15.8x 20.3x -357x 18.4x 19.2x 18.2x
FCF Yield 5.36% 8.48% 6.33% 4.93% -0.28% 5.44% 5.2% 5.5%
Dividend per Share 2 0.26 0.44 0.13 0.1 0.1 0.2267 0.2968 0.3168
Rate of return 5.12% 6.61% 2.16% 2.26% 1.83% 3.3% 4.32% 4.61%
EPS 2 0.38 1.33 0.34 -0.13 0.03 0.5618 0.6247 0.6132
Distribution rate 68.4% 33.1% 38.2% -76.9% 333% 40.3% 47.5% 51.7%
Net sales 1 203,751 255,984 217,829 230,944 247,535 285,605 277,007 277,155
EBITDA 1 21,323 34,060 17,102 14,358 13,500 19,891 20,747 20,591
EBIT 1 14,495 26,657 10,392 6,938 5,978 13,224 13,478 13,182
Net income 1 4,974 17,320 4,280 -1,634 400 6,454 7,353 7,103
Net Debt 1 31,400 26,854 30,316 36,405 39,405 35,885 33,513 32,313
Reference price 2 5.077 6.656 6.013 4.424 5.472 6.870 6.870 6.870
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.($)
12.23x0.41x5.85x3.3% 80.48B
18.69x3.7x6.61x3.83% 205B
10.87x2.64x5.65x5.44% 153B
13.51x3.96x6.58x3.46% 89.55B
22.63x6.08x14.11x-.--% 58.92B
26.89x2.69x6.96x1.4% 48.39B
14.26x2.71x5.61x0.71% 26.69B
10.48x3.53x5.25x5.37% 24.3B
12.46x4.39x7.71x4.4% 22.9B
17.03x4.33x7.8x0.33% 20.74B
Average 15.90x 3.44x 7.21x 2.82% 72.93B
Weighted average by Cap. 15.89x 3.27x 6.94x 3.45%

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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