Company Valuation: Stockland

Data adjusted to current consolidation scope
Fiscal Period: June 2022 2023 2024 2025 2026 2027 2028 2029
Market Cap 1 8,605 9,603 9,933 12,835 9,898 10,254 - -
Change - 11.6% 3.43% 29.22% -22.88% 3.6% - -
Enterprise Value (EV) 1 12,699 13,239 13,944 17,367 13,997 14,566 14,675 14,770
Change - 4.26% 5.32% 24.55% -19.41% 4.07% 0.74% 0.65%
P/E 6.26x 22x 32.8x 15.6x 9.95x 10.9x 10.5x 9.36x
PBR 0.83x 0.94x 1x 1.26x 0.92x 0.93x 0.88x 0.84x
PEG - -0.3x -1.1x 0x 0.5x -1.9x 2.71x 0.7x
Capitalization / Revenue 3.02x 3.42x 3.32x 4.1x 2.76x 2.75x 2.73x 2.65x
EV / Revenue 4.46x 4.71x 4.66x 5.55x 3.9x 3.91x 3.91x 3.82x
EV / EBITDA 16.2x 15.1x 16.6x 19.7x 11.5x 13.7x 13.2x 12.2x
EV / EBIT 16.6x 15.4x 17x 20.1x 12.4x 13.9x 13.3x 12.4x
EV / FCF 14.2x 42.8x 423x 53.4x 21.4x 19.6x 19.3x 16.7x
FCF Yield 7.06% 2.33% 0.24% 1.87% 4.67% 5.1% 5.17% 5.98%
Dividend per Share 2 0.266 0.262 0.246 0.252 0.252 0.2526 0.2572 0.2654
Rate of return 7.37% 6.5% 5.9% 4.7% 6.18% 5.97% 6.08% 6.27%
EPS 2 0.577 0.183 0.127 0.343 0.41 0.3865 0.4015 0.4519
Distribution rate 46.1% 143% 194% 73.5% 61.5% 65.4% 64.1% 58.7%
Net sales 1 2,847 2,808 2,989 3,131 3,589 3,725 3,749 3,871
EBITDA 1 784 878 838 882 1,214 1,060 1,114 1,215
EBIT 1 767 861 822 864 1,133 1,046 1,105 1,187
Net income 1 1,381 438 305 826 994 938.7 976.2 1,100
Net Debt 1 4,094 3,636 4,011 4,532 4,099 4,312 4,421 4,516
Reference price 2 3.610 4.030 4.170 5.360 4.080 4.230 4.230 4.230
Nbr of stocks (in thousands) 2,383,654 2,382,994 2,381,896 2,394,542 2,425,901 2,424,131 - -
Announcement Date 8/18/22 A 8/23/23 A 8/21/24 A 8/19/25 A 8/18/26 A - - -
1AUD in Million2AUD
Estimates

P/E, Detailed evolution



P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
10.97x3.92x13.76x5.96% 7.11B
58.93x - - - 63.19B
12.4x4.35x11.16x3.88% 39.25B
8.2x1.47x8.16x4.31% 27.32B
5.61x0.73x1.51x8.77% 27.43B
17.64x3.92x15.78x1.39% 27.17B
13.58x3.06x14.64x2.57% 25.01B
9.74x1.9x7.83x4.31% 19.58B
7.63x0.84x3.08x2.93% 19.51B
7.9x2.84x6.61x-.--% 18.7B
Average 15.26x 2.56x 9.17x 3.79% 27.43B
Weighted average by Cap. 21.78x 2.60x 9.15x 3.78%

Y-o-Y evolution of P/E

Valuation ratios - P/E - Stockland

Historical PBR trend

Valuation ratios - PBR - Stockland

Evolution Enterprise Value / Sales

Valuation ratios - VE_REV - Stockland

Change in Enterprise Value/EBITDA

Valuation ratios - VE_EBITDA - Stockland


Year-on-year evolution of the Yield

Valuation ratios - Yield - Stockland