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 10,456 - -
Change - -22.48% 11.6% 3.43% 29.22% -18.54% - -
Enterprise Value (EV) 1 14,692 12,699 13,239 13,944 17,367 15,422 15,571 15,683
Change - -13.57% 4.26% 5.32% 24.55% -11.2% 0.97% 0.72%
P/E 10.1x 6.26x 22x 32.8x 15.6x 11.9x 11.4x 10.8x
PBR 1.16x 0.83x 0.94x 1x 1.26x 0.98x 0.94x 0.9x
PEG - 0.3x -0.3x -1.1x 0x 2.25x 2.61x 1.72x
Capitalization / Revenue 4.03x 3.02x 3.42x 3.32x 4.1x 2.61x 2.55x 2.45x
EV / Revenue 5.33x 4.46x 4.71x 4.66x 5.55x 3.85x 3.8x 3.67x
EV / EBITDA 18.4x 16.2x 15.1x 16.6x 19.7x 14.9x 14.8x 13.8x
EV / EBIT 18.7x 16.6x 15.4x 17x 20.1x 15.1x 14.8x 13.9x
EV / FCF 22.9x 14.2x 42.8x 423x 53.4x 60.7x 23.3x 21.9x
FCF Yield 4.36% 7.06% 2.33% 0.24% 1.87% 1.65% 4.3% 4.57%
Dividend per Share 2 0.246 0.266 0.262 0.246 0.252 0.2511 0.2499 0.2563
Rate of return 5.28% 7.37% 6.5% 5.9% 4.7% 5.83% 5.8% 5.95%
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% 69.5% 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 1,126
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 5,228
Reference price 2 4.660 3.610 4.030 4.170 5.360 4.310 4.310 4.310
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.($)
11.74x3.81x14.73x5.92% 7.26B
15.26x4.86x13.08x3.32% 43.43B
8.97x1.53x7.99x3.96% 31.01B
18.33x4.04x16.49x1.34% 27.94B
6.26x0.37x0.73x8.94% 26.9B
13.59x3.04x14.66x2.6% 24.61B
12.43x2.19x7.83x3.82% 21.45B
8.18x0.91x3.3x2.73% 20.93B
13.68x6.6x17.64x1.56% 19.77B
10.32x1.66x14.33x3.66% 18.8B
Average 11.88x 2.90x 11.08x 3.79% 24.21B
Weighted average by Cap. 12.16x 2.94x 10.82x 3.68%

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