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 95,977 - -
Change - 27.77% -13.85% -26.5% 19.17% 49.74% - -
Enterprise Value (EV) 1 97,884 111,797 103,497 90,192 103,501 132,139 129,087 126,248
Change - 14.21% -7.42% -12.86% 14.76% 27.67% -2.31% -2.2%
P/E 13.4x 5x 17.7x -34x 182x 13.3x 13.5x 13.4x
PBR 1.82x 1.89x 1.69x 1.2x 1.68x 2.35x 2.22x 2.03x
PEG - 0x -0.2x 0x -1x 0x -8.08x 18.74x
Capitalization / Revenue 0.33x 0.33x 0.34x 0.23x 0.26x 0.3x 0.34x 0.34x
EV / Revenue 0.48x 0.44x 0.48x 0.39x 0.42x 0.41x 0.45x 0.45x
EV / EBITDA 4.59x 3.28x 6.05x 6.28x 7.67x 6.56x 6.31x 6.22x
EV / EBIT 6.75x 4.19x 9.96x 13x 17.3x 9.77x 9.68x 9.75x
EV / FCF 18.7x 11.8x 15.8x 20.3x -357x 23.4x 15.8x 18.6x
FCF Yield 5.36% 8.48% 6.33% 4.93% -0.28% 4.27% 6.35% 5.37%
Dividend per Share 2 0.26 0.44 0.13 0.1 0.1 0.2571 0.2649 0.3045
Rate of return 5.12% 6.61% 2.16% 2.26% 1.83% 3.14% 3.24% 3.72%
EPS 2 0.38 1.33 0.34 -0.13 0.03 0.6158 0.6055 0.6098
Distribution rate 68.4% 33.1% 38.2% -76.9% 333% 41.8% 43.8% 49.9%
Net sales 1 203,751 255,984 217,829 230,944 247,535 324,792 285,571 282,728
EBITDA 1 21,323 34,060 17,102 14,358 13,500 20,157 20,466 20,282
EBIT 1 14,495 26,657 10,392 6,938 5,978 13,528 13,335 12,954
Net income 1 4,974 17,320 4,280 -1,634 400 7,281 7,165 7,186
Net Debt 1 31,400 26,854 30,316 36,405 39,405 36,162 33,110 30,271
Reference price 2 5.077 6.656 6.013 4.424 5.472 8.177 8.177 8.177
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.($)
17.49x4.17x7.48x3.32% 231B
12.19x3.02x6.55x4.82% 177B
13.28x0.41x6.56x3.14% 95.98B
27.03x6.71x17.61x-.--% 68.38B
54.16x3.33x8.19x1.12% 60.8B
16.04x3.26x6.45x0.56% 33.96B
13.88x4.51x6.86x4.18% 30.73B
13.29x4.77x8.42x3.85% 26.34B
19.83x4.6x8.47x0.31% 21.87B
Average 20.80x 3.86x 8.51x 2.37% 82.93B
Weighted average by Cap. 19.26x 3.58x 8.12x 3.01%

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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