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 96,016 105,914 - -
Change - 6.86% -1.54% 17.94% 6.45% 10.31% - -
Enterprise Value (EV) 1 124,600 77,671 137,726 153,951 166,968 183,357 192,436 198,054
Change - -37.66% 77.32% 11.78% 8.46% 9.82% 4.95% 2.92%
P/E 30.3x 21.8x 19.3x 20.6x 22.2x 20.6x 18.8x 17.3x
PBR 2.61x - 2.43x 2.72x 2.66x 2.67x 2.47x 2.27x
PEG - 0.5x 1.8x 2.14x -12.65x 1.5x 1.92x 2.06x
Capitalization / Revenue 3.14x 2.65x 3.03x 3.38x 3.25x 3.42x 3.23x 3.03x
EV / Revenue 5.39x 2.65x 5.45x 5.76x 5.65x 5.92x 5.87x 5.66x
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 22.4x 21.1x 19.4x
EV / FCF -116x - -89.3x 185x -56.9x -86.8x -77.1x 957x
FCF Yield -0.86% - -1.12% 0.54% -1.76% -1.15% -1.3% 0.1%
Dividend per Share 2 2.62 - 2.78 2.86 2.94 3.026 3.137 3.239
Rate of return 3.82% - 3.96% 3.47% 3.37% 3.29% 3.41% 3.52%
EPS 2 2.26 3.28 3.64 3.99 3.92 4.47 4.908 5.32
Distribution rate 116% - 76.4% 71.7% 75% 67.7% 63.9% 60.9%
Net sales 1 23,113 29,279 25,253 26,724 29,553 30,994 32,769 34,990
EBITDA 1 9,123 9,284 10,351 11,823 12,786 14,001 15,241 16,894
EBIT 1 5,558 5,621 5,826 7,068 7,285 8,172 9,106 10,198
Net income 1 2,393 3,524 3,976 4,401 4,341 5,039 5,647 6,278
Net Debt 1 51,919 - 61,252 63,754 70,952 77,443 86,522 92,140
Reference price 2 68.58 71.41 70.12 82.32 87.20 92.07 92.07 92.07
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.($)
32.57x5.54x40.51x0.2% 268B
21.41x9.24x15.76x2.86% 180B
19.9x4.15x11.38x3.59% 152B
13.06x1.89x6.7x5.42% 109B
20.6x5.92x13.1x3.29% 106B
20.89x3.15x13.51x0.64% 94.54B
18.34x5.6x11.31x3.51% 96.68B
19.85x5.16x12.54x3.05% 68.78B
19.11x6.33x13.51x3.89% 60.34B
Average 20.63x 5.22x 15.37x 2.94% 126.05B
Weighted average by Cap. 22.44x 5.45x 19.01x 2.55%

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. SOT Stock
  5. Valuation Southern Company