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 96,016 107,375 - -
Change - 6.86% -1.54% 17.94% 6.45% 11.83% - -
Enterprise Value (EV) 1 124,600 77,671 137,726 153,951 166,968 184,128 192,755 198,419
Change - -37.66% 77.32% 11.78% 8.46% 10.28% 4.69% 2.94%
P/E 30.3x 21.8x 19.3x 20.6x 22.2x 21.4x 19x 17.5x
PBR 2.61x - 2.43x 2.72x 2.66x 2.64x 2.46x 2.28x
PEG - 0.5x 1.8x 2.14x -12.65x 1.9x 1.5x 2.06x
Capitalization / Revenue 3.14x 2.65x 3.03x 3.38x 3.25x 3.48x 3.29x 3.09x
EV / Revenue 5.39x 2.65x 5.45x 5.76x 5.65x 5.97x 5.9x 5.71x
EV / EBITDA 13.7x 8.37x 13.3x 13x 13.1x 13.1x 12.6x 11.7x
EV / EBIT 22.4x 13.8x 23.6x 21.8x 22.9x 22.7x 21.2x 19.4x
EV / FCF -116x - -89.3x 185x -56.9x -107x -75.1x 1,427x
FCF Yield -0.86% - -1.12% 0.54% -1.76% -0.94% -1.33% 0.07%
Dividend per Share 2 2.62 - 2.78 2.86 2.94 3.04 3.135 3.232
Rate of return 3.82% - 3.96% 3.47% 3.37% 3.26% 3.36% 3.46%
EPS 2 2.26 3.28 3.64 3.99 3.92 4.369 4.905 5.322
Distribution rate 116% - 76.4% 71.7% 75% 69.6% 63.9% 60.7%
Net sales 1 23,113 29,279 25,253 26,724 29,553 30,863 32,667 34,754
EBITDA 1 9,123 9,284 10,351 11,823 12,786 14,068 15,312 16,935
EBIT 1 5,558 5,621 5,826 7,068 7,285 8,108 9,106 10,202
Net income 1 2,393 3,524 3,976 4,401 4,341 4,982 5,640 6,275
Net Debt 1 51,919 - 61,252 63,754 70,952 76,753 85,380 91,044
Reference price 2 68.58 71.41 70.12 82.32 87.20 93.34 93.34 93.34
Nbr of stocks (in thousands) 1,059,804 1,087,673 1,090,619 1,095,684 1,101,105 1,150,363 - -
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.($)
21.36x5.97x13.09x3.26% 107B
24.28x4.02x28.04x0.26% 203B
21.62x9.53x17.08x2.82% 185B
21.53x4.52x12.5x3.21% 170B
21.69x11.87x15.25x3.27% 107B
13.4x1.93x6.82x5.29% 109B
19.23x5.75x11.59x3.35% 101B
19.41x2.94x12.22x0.71% 84.91B
19.6x5.16x12.34x3.04% 69.03B
23.53x6.31x13.6x3.83% 61.25B
Average 20.57x 5.80x 14.25x 2.9% 119.85B
Weighted average by Cap. 20.92x 5.88x 15.57x 2.71%

Y-o-Y evolution of P/E

Valuation ratios - P/E - Southern Company

Historical PBR trend

Valuation ratios - PBR - Southern Company

Evolution Enterprise Value / Sales

Valuation ratios - VE_REV - Southern Company

Change in Enterprise Value/EBITDA

Valuation ratios - VE_EBITDA - Southern Company


Year-on-year evolution of the Yield

Valuation ratios - Yield - Southern Company
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