Company Valuation: Glencore plc

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 66,484 84,943 73,181 53,787 64,096 96,352 - -
Change - 27.77% -13.85% -26.5% 19.17% 50.32% - -
Enterprise Value (EV) 1 97,884 111,797 103,497 90,192 103,501 132,513 129,462 126,623
Change - 14.21% -7.42% -12.86% 14.76% 28.03% -2.3% -2.19%
P/E 13.4x 5x 17.7x -34x 182x 13.3x 13.6x 13.5x
PBR 1.82x 1.89x 1.69x 1.2x 1.68x 2.36x 2.23x 2.04x
PEG - 0x -0.2x 0x -1x 0x -8.59x 20.86x
Capitalization / Revenue 0.33x 0.33x 0.34x 0.23x 0.26x 0.3x 0.34x 0.34x
EV / Revenue 0.48x 0.44x 0.48x 0.39x 0.42x 0.41x 0.45x 0.45x
EV / EBITDA 4.59x 3.28x 6.05x 6.28x 7.67x 6.58x 6.32x 6.25x
EV / EBIT 6.75x 4.19x 9.96x 13x 17.3x 9.8x 9.71x 9.77x
EV / FCF 18.7x 11.8x 15.8x 20.3x -357x 23.5x 15.8x 18.7x
FCF Yield 5.36% 8.48% 6.33% 4.93% -0.28% 4.26% 6.33% 5.35%
Dividend per Share 2 0.26 0.44 0.13 0.1 0.1 0.2556 0.2649 0.3045
Rate of return 5.12% 6.61% 2.16% 2.26% 1.83% 3.11% 3.23% 3.71%
EPS 2 0.38 1.33 0.34 -0.13 0.03 0.6155 0.6057 0.6096
Distribution rate 68.4% 33.1% 38.2% -76.9% 333% 41.5% 43.7% 49.9%
Net sales 1 203,751 255,984 217,829 230,944 247,535 326,327 285,769 283,241
EBITDA 1 21,323 34,060 17,102 14,358 13,500 20,143 20,486 20,272
EBIT 1 14,495 26,657 10,392 6,938 5,978 13,518 13,338 12,955
Net income 1 4,974 17,320 4,280 -1,634 400 7,271 7,164 7,178
Net Debt 1 31,400 26,854 30,316 36,405 39,405 36,162 33,110 30,271
Reference price 2 5.077 6.656 6.013 4.424 5.472 8.209 8.209 8.209
Nbr of stocks (in thousands) 13,094,998 12,762,238 12,169,709 12,157,132 11,713,994 11,736,770 - -
Announcement Date 2/15/22 A 2/15/23 A 2/21/24 A 2/19/25 A 2/18/26 A - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
13.34x0.41x6.58x3.11% 96.35B
18.64x4.41x7.93x3.11% 246B
12.41x3.06x6.63x4.74% 180B
17.03x4.82x7.96x2.83% 109B
28.4x7.02x18.44x-.--% 71.85B
54.69x3.36x8.26x1.13% 61.4B
16.61x3.37x6.67x0.55% 35.08B
14.41x4.7x7.14x4.02% 31.91B
13.45x4.84x8.6x3.78% 26.23B
21.5x4.99x9.16x0.29% 23.68B
Average 21.05x 4.10x 8.74x 2.35% 88.18B
Weighted average by Cap. 19.59x 3.88x 8.37x 2.89%

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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