Company Valuation: Southern Company

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 72,681 77,671 76,474 90,197 96,016 107,995 - -
Change - 6.86% -1.54% 17.94% 6.45% 12.48% - -
Enterprise Value (EV) 1 124,600 77,671 137,726 153,951 166,968 186,312 195,062 200,827
Change - -37.66% 77.32% 11.78% 8.46% 11.59% 4.7% 2.96%
P/E 30.3x 21.8x 19.3x 20.6x 22.2x 21.4x 19.5x 17.9x
PBR 2.61x - 2.43x 2.72x 2.66x 2.75x 2.56x 2.36x
PEG - 0.5x 1.8x 2.14x -12.65x 1.5x 2x 2.02x
Capitalization / Revenue 3.14x 2.65x 3.03x 3.38x 3.25x 3.47x 3.3x 3.1x
EV / Revenue 5.39x 2.65x 5.45x 5.76x 5.65x 5.99x 5.95x 5.76x
EV / EBITDA 13.7x 8.37x 13.3x 13x 13.1x 13.2x 12.7x 11.9x
EV / EBIT 22.4x 13.8x 23.6x 21.8x 22.9x 22x 20.8x 19.1x
EV / FCF -116x - -89.3x 185x -56.9x -88.2x -78.1x 970x
FCF Yield -0.86% - -1.12% 0.54% -1.76% -1.13% -1.28% 0.1%
Dividend per Share 2 2.62 - 2.78 2.86 2.94 3.038 3.132 3.252
Rate of return 3.82% - 3.96% 3.47% 3.37% 3.17% 3.27% 3.39%
EPS 2 2.26 3.28 3.64 3.99 3.92 4.472 4.908 5.342
Distribution rate 116% - 76.4% 71.7% 75% 67.9% 63.8% 60.9%
Net sales 1 23,113 29,279 25,253 26,724 29,553 31,090 32,765 34,851
EBITDA 1 9,123 9,284 10,351 11,823 12,786 14,091 15,323 16,932
EBIT 1 5,558 5,621 5,826 7,068 7,285 8,482 9,359 10,500
Net income 1 2,393 3,524 3,976 4,401 4,341 5,037 5,596 6,243
Net Debt 1 51,919 - 61,252 63,754 70,952 78,317 87,066 92,832
Reference price 2 68.58 71.41 70.12 82.32 87.20 95.80 95.80 95.80
Nbr of stocks (in thousands) 1,059,804 1,087,673 1,090,619 1,095,684 1,101,105 1,127,301 - -
Announcement Date 17/02/22 16/02/23 15/02/24 20/02/25 19/02/26 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
21.42x5.99x13.22x3.17% 108B
32.37x5.59x40.56x0.2% 265B
22.35x9.33x15.42x2.76% 186B
21.2x4.48x11.84x3.41% 158B
13.91x1.98x6.96x5.13% 115B
18.93x5.7x11.46x3.43% 99.75B
22.44x3.39x13.31x0.61% 98.17B
20.81x5.29x12.7x2.9% 72.4B
19.75x6.44x13.82x3.76% 62.52B
16.77x3.27x10.39x0.57% 56.22B
Average 20.99x 5.15x 14.97x 2.59% 122.07B
Weighted average by Cap. 22.74x 5.46x 18.45x 2.39%

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

  1. Stock Market
  2. Stocks
  3. SO Stock
  4. Valuation Southern Company