Company Valuation: Sasol Limited

Data adjusted to current consolidation scope
Fiscal Period: June 2022 2023 2024 2025 2026 2027 2028 2029
Market Cap 1 230,271 145,738 86,464 49,236 102,399 145,004 - -
Change - -36.71% -40.67% -43.06% 107.98% 41.61% - -
Enterprise Value (EV) 1 307,941 232,415 176,236 128,858 170,179 187,495 177,909 163,881
Change - -24.53% -24.17% -26.88% 32.07% 10.17% -5.11% -7.89%
P/E 5.96x 17.9x -1.97x 7.47x 8.63x 4.65x 7.01x 6.89x
PBR 1.25x 0.76x 0.63x 0.34x 0.64x 0.79x 0.74x 0.65x
PEG - -0.2x 0x -0x 0.1x 0x -0.2x 3.94x
Capitalization / Revenue 0.84x 0.5x 0.31x 0.2x 0.38x 0.51x 0.55x 0.53x
EV / Revenue 1.12x 0.8x 0.64x 0.52x 0.63x 0.66x 0.68x 0.6x
EV / EBITDA 4.29x 3.51x 2.76x 2.46x 2.8x 2.75x 3.36x 2.9x
EV / EBIT 5.98x 4.2x 3.66x 3.35x 3.96x 3.57x 4.15x 4.06x
EV / FCF 17.6x 12x 24.6x 10.3x 13.9x 5.23x 9.99x -46.6x
FCF Yield 5.69% 8.33% 4.07% 9.75% 7.19% 19.1% 10% -2.14%
Dividend per Share 2 14.7 17 2 - - 10.85 7.721 7.83
Rate of return 3.96% 7.29% 1.45% - - 4.73% 3.37% 3.42%
EPS 2 62.34 13.02 -69.94 10.54 18.73 49.31 32.7 33.27
Distribution rate 23.6% 131% -2.86% - - 22% 23.6% 23.5%
Net sales 1 275,738 289,696 275,111 249,096 272,118 283,332 263,182 272,927
EBITDA 1 71,843 66,305 63,753 52,466 60,705 68,082 52,953 56,458
EBIT 1 51,514 55,400 48,109 38,464 43,010 52,486 42,884 40,394
Net income 1 38,956 8,799 -44,271 6,767 12,149 34,557 21,205 19,735
Net Debt 1 77,670 86,677 89,772 79,622 67,780 42,491 32,905 18,877
Reference price 2 371.68 233.26 138.10 78.76 161.66 229.16 229.16 229.16
Nbr of stocks (in thousands) 621,707 626,698 626,698 626,698 635,410 635,410 - -
Announcement Date 23/08/22 22/08/23 20/08/24 25/08/25 31/08/26 - - -
1ZAR in Million2ZAR
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
19.71x3.48x9.9x2.03% 70.35B
11.86x0.91x7.57x4.54% 49.06B
52.21x8.35x35.55x1.04% 15.55B
13.18x0.88x6.12x2.72% 14.2B
11.17x0.72x4.8x2.92% 10.15B
15.42x0.7x7.63x3.2% 9.7B
36.31x1.67x8.8x2.08% 9.04B
4.65x0.66x2.75x4.73% 8.84B
30.74x4.21x18.03x0.38% 7.65B
Average 21.69x 2.40x 11.24x 2.63% 21.62B
Weighted average by Cap. 19.71x 2.57x 10.65x 2.8%

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