Company Valuation: State Street Corporation

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 34,004 28,464 23,903 28,773 36,034 50,732 - -
Change - -16.29% -16.02% 20.37% 25.24% 40.79% - -
Enterprise Value (EV) 1 49,182 46,734 48,269 65,566 61,406 84,328 85,148 86,259
Change - -4.98% 3.29% 35.83% -6.34% 37.33% 0.97% 1.3%
P/E 12.9x 10.8x 13.9x 12x 13.7x 13.8x 12.1x 11x
PBR 1.24x 1.07x 0.98x 1.26x 1.48x 1.99x 1.83x 1.71x
PEG - - -0.6x 0.3x 0.9x 0.3x 0.9x 1x
Capitalization / Revenue 2.83x 2.34x 2x 2.21x 2.58x 3.19x 3.03x 2.87x
EV / Revenue 4.09x 3.85x 4.04x 5.04x 4.4x 5.29x 5.09x 4.88x
EV / EBITDA - - - - - - - -
EV / EBIT 14.6x 13x 16.2x 18.9x 16.2x 17.1x 15.1x 14.7x
EV / FCF - - - - - - - -
FCF Yield - - - - - - - -
Dividend per Share 2 2.18 2.4 2.64 2.9 3.2 3.505 3.8 4.038
Rate of return 2.34% 3.09% 3.41% 2.95% 2.48% 1.9% 2.06% 2.19%
EPS 2 7.19 7.19 5.58 8.21 9.4 13.38 15.24 16.83
Distribution rate 30.3% 33.4% 47.3% 35.3% 34% 26.2% 24.9% 24%
Net sales 1 12,027 12,148 11,945 13,000 13,944 15,926 16,717 17,668
EBITDA - - - - - - - -
EBIT 1 3,378 3,604 2,987 3,470 3,790 4,918 5,656 5,886
Net income 1 2,572 2,660 1,821 2,483 2,717 3,714 4,093 4,302
Net Debt 1 15,178 18,270 24,366 36,793 25,372 33,596 34,416 35,527
Reference price 2 93.00 77.57 77.46 98.15 129.01 184.68 184.68 184.68
Nbr of stocks (in thousands) 365,629 366,940 308,584 293,151 279,312 274,702 - -
Announcement Date 19/01/22 20/01/23 19/01/24 17/01/25 16/01/26 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
13.8x5.29x - 1.9% 50.73B
21.05x5.9x12.65x2.02% 176B
15.19x3.66x - 2.34% 165B
17.11x7.55x - 1.46% 107B
25.49x13.35x22.9x3.83% 83.85B
12.24x1.86x5.7x1.2% 48.76B
5.64x5.56x4.84x3.29% 38.77B
14.56x5.29x16.5x1.81% 33.94B
10.87x2.61x6.45x4.54% 24.32B
Average 15.10x 5.68x 11.51x 2.49% 80.89B
Weighted average by Cap. 17.10x 6.02x 13.14x 2.3%

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

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