Company Valuation: Stockland

Data adjusted to current consolidation scope
Fiscal Period: June 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 11,100 8,605 9,603 9,933 12,835 10,019 - -
Change - -22.48% 11.6% 3.43% 29.22% -21.94% - -
Enterprise Value (EV) 1 14,692 12,699 13,239 13,944 17,367 14,985 15,135 15,246
Change - -13.57% 4.26% 5.32% 24.55% -13.71% 1% 0.74%
P/E 10.1x 6.26x 22x 32.8x 15.6x 11.4x 11x 10.3x
PBR 1.16x 0.83x 0.94x 1x 1.26x 0.94x 0.9x 0.86x
PEG - 0.3x -0.3x -1.1x 0x 2.16x 2.51x 1.64x
Capitalization / Revenue 4.03x 3.02x 3.42x 3.32x 4.1x 2.5x 2.45x 2.35x
EV / Revenue 5.33x 4.46x 4.71x 4.66x 5.55x 3.74x 3.7x 3.57x
EV / EBITDA 18.4x 16.2x 15.1x 16.6x 19.7x 14.5x 14.4x 13.4x
EV / EBIT 18.7x 16.6x 15.4x 17x 20.1x 14.7x 14.4x 13.6x
EV / FCF 22.9x 14.2x 42.8x 423x 53.4x 59x 22.6x 21.3x
FCF Yield 4.36% 7.06% 2.33% 0.24% 1.87% 1.7% 4.42% 4.7%
Dividend per Share 2 0.246 0.266 0.262 0.246 0.252 0.2513 0.25 0.2564
Rate of return 5.28% 7.37% 6.5% 5.9% 4.7% 6.08% 6.05% 6.21%
EPS 2 0.462 0.577 0.183 0.127 0.343 0.3611 0.3769 0.4005
Distribution rate 53.2% 46.1% 143% 194% 73.5% 69.6% 66.3% 64%
Net sales 1 2,756 2,847 2,808 2,989 3,131 4,003 4,092 4,268
EBITDA 1 797 784 878 838 882 1,035 1,053 1,139
EBIT 1 784 767 861 822 864 1,021 1,049 1,125
Net income 1 1,105 1,381 438 305 826 862.9 918.7 987.5
Net Debt 1 3,592 4,094 3,636 4,011 4,532 4,966 5,116 5,227
Reference price 2 4.660 3.610 4.030 4.170 5.360 4.130 4.130 4.130
Nbr of stocks (in thousands) 2,382,024 2,383,654 2,382,994 2,381,896 2,394,542 2,425,901 - -
Announcement Date 19/08/21 18/08/22 23/08/23 21/08/24 19/08/25 - - -
1AUD in Million2AUD
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
15.68x4.94x13.3x3.23% 44.6B
8.45x1.48x7.55x4.18% 29.72B
19.91x4.14x16.91x1.25% 29.33B
5.58x0.6x1.23x9.03% 26.66B
14.34x3.11x14.91x2.45% 25.48B
9.07x2.34x7.2x3.85% 21.38B
14.8x6.76x18.15x1.45% 20.76B
Average 12.55x 3.34x 11.32x 3.63% 28.28B
Weighted average by Cap. 12.88x 3.39x 11.40x 3.64%

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