Company Valuation: SLM Corporation

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 5,767 4,153 4,326 5,856 5,494 4,828 - -
Change - -27.98% 4.17% 35.36% -6.18% -12.13% - -
Enterprise Value (EV) 1 27,981 26,064 26,907 5,856 7,114 5,079 5,079 5,079
Change - -6.85% 3.24% -78.24% 21.48% -28.6% 0% 0%
P/E 5.45x 9.43x 7.93x 10.3x 7.82x 8.13x 7.55x 6.63x
PBR 2.55x 2.51x 2.24x 2.69x 2.2x 2.1x 1.82x 1.68x
PEG - -0.2x 0.2x 0.9x 0.3x -0.91x 0.98x 0.5x
Capitalization / Revenue 4.13x 2.79x 2.77x 3.95x 3.66x 3.31x 3.23x 3.18x
EV / Revenue 20.1x 17.5x 17.2x 3.95x 4.74x 3.48x 3.4x 3.35x
EV / EBITDA - - 23x 4.68x 7.14x 6.38x 6.21x 5.71x
EV / EBIT 18.6x 20.6x 23.9x 4.85x 5.36x 6.32x 6.12x 5.73x
EV / FCF - - - - 8.26x 8.65x 8.44x -
FCF Yield - - - - 12.1% 11.6% 11.9% -
Dividend per Share 2 0.2 0.44 0.44 0.46 0.52 0.5362 0.5671 0.6667
Rate of return 1.02% 2.65% 2.3% 1.67% 1.92% 2.09% 2.22% 2.6%
EPS 2 3.61 1.76 2.41 2.68 3.46 3.15 3.393 3.862
Distribution rate 5.54% 25% 18.3% 17.2% 15% 17% 16.7% 17.3%
Net sales 1 1,395 1,489 1,562 1,481 1,502 1,460 1,493 1,516
EBITDA 1 - - 1,169 1,251 996.1 795.6 817.9 890.1
EBIT 1 1,507 1,264 1,124 1,207 1,326 804.2 829.3 886.8
Net income 1 1,156 460 563.7 590 729.1 603.2 605.3 630.7
Net Debt 1 22,214 21,910 22,581 - 1,620 251.1 251.1 251.1
Reference price 2 19.67 16.60 19.12 27.58 27.06 25.60 25.60 25.60
Nbr of stocks (in thousands) 293,177 250,197 226,271 212,330 203,039 188,593 - -
Announcement Date 26/01/22 01/02/23 24/01/24 23/01/25 22/01/26 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
9.2x7.84x - 1.04% 2.04B
5.03x2.9x16.97x11.18% 1.07B
15.73x - - 4.58% 929M
-9.76x - - -.--% 527M
2.87x - - 11.47% 315M
16.11x - - 5.06% 219M
10.42x - - 3.76% 147M
Average 7.08x 5.37x 16.97x 5.3% 750.63M
Weighted average by Cap. 7.54x 6.14x 16.97x 4.5%

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