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 10,480 - -
Change - -22.48% 11.6% 3.43% 29.22% -18.35% - -
Enterprise Value (EV) 1 14,692 12,699 13,239 13,944 17,367 15,524 15,714 15,898
Change - -13.57% 4.26% 5.32% 24.55% -10.61% 1.22% 1.17%
P/E 10.1x 6.26x 22x 32.8x 15.6x 12x 11.5x 10.8x
PBR 1.16x 0.83x 0.94x 1x 1.26x 0.99x 0.96x 0.92x
PEG - 0.3x -0.3x -1.1x 0x 2.39x 2.56x 1.67x
Capitalization / Revenue 4.03x 3.02x 3.42x 3.32x 4.1x 2.63x 2.63x 2.51x
EV / Revenue 5.33x 4.46x 4.71x 4.66x 5.55x 3.89x 3.94x 3.8x
EV / EBITDA 18.4x 16.2x 15.1x 16.6x 19.7x 14.8x 14.4x 13.7x
EV / EBIT 18.7x 16.6x 15.4x 17x 20.1x 15x 15x 14.2x
EV / FCF 22.9x 14.2x 42.8x 423x 53.4x 58.9x 23.1x 22x
FCF Yield 4.36% 7.06% 2.33% 0.24% 1.87% 1.7% 4.34% 4.55%
Dividend per Share 2 0.246 0.266 0.262 0.246 0.252 0.2513 0.2503 0.2565
Rate of return 5.28% 7.37% 6.5% 5.9% 4.7% 5.82% 5.79% 5.94%
EPS 2 0.462 0.577 0.183 0.127 0.343 0.3602 0.3764 0.4008
Distribution rate 53.2% 46.1% 143% 194% 73.5% 69.8% 66.5% 64%
Net sales 1 2,756 2,847 2,808 2,989 3,131 3,991 3,991 4,183
EBITDA 1 797 784 878 838 882 1,047 1,091 1,162
EBIT 1 784 767 861 822 864 1,035 1,045 1,120
Net income 1 1,105 1,381 438 305 826 862.6 915.9 931
Net Debt 1 3,592 4,094 3,636 4,011 4,532 5,044 5,234 5,418
Reference price 2 4.660 3.610 4.030 4.170 5.360 4.320 4.320 4.320
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.($)
11.99x3.89x14.83x5.82% 7.24B
14.74x4.68x12.71x3.42% 42.2B
22.51x4.39x18.44x1.13% 30.61B
6.15x0.76x1.55x8.2% 29.36B
7.62x1.38x6.92x4.68% 27.43B
14.93x3.12x15.43x2.35% 24.88B
15.65x1x6.59x2.38% 21.73B
15.49x6.71x19.03x1.22% 20.41B
9.01x2.17x7.45x4.12% 19.67B
Average 13.12x 3.12x 11.44x 3.7% 24.83B
Weighted average by Cap. 13.39x 3.13x 11.21x 3.61%

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