Company Valuation: Glencore plc

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Capitalization 1 66,484 84,943 73,181 53,787 64,096 89,907 - -
Change - 27.77% -13.85% -26.5% 19.17% 40.27% - -
Enterprise Value (EV) 1 97,884 111,797 103,497 90,192 103,501 123,548 119,460 116,630
Change - 14.21% -7.42% -12.86% 14.76% 19.37% -3.31% -2.37%
P/E ratio 13.4x 5x 17.7x -34x 182x 14.1x 14.1x 13.9x
PBR 1.82x 1.89x 1.69x 1.2x 1.68x 2.18x 2.03x 1.92x
PEG - 0x -0.2x 0x -1x 0x -101.26x 13.08x
Capitalization / Revenue 0.33x 0.33x 0.34x 0.23x 0.26x 0.32x 0.33x 0.33x
EV / Revenue 0.48x 0.44x 0.48x 0.39x 0.42x 0.44x 0.44x 0.43x
EV / EBITDA 4.59x 3.28x 6.05x 6.28x 7.67x 6.25x 6.05x 5.89x
EV / EBIT 6.75x 4.19x 9.96x 13x 17.3x 9.96x 10x 9.55x
EV / FCF 18.7x 11.8x 15.8x 20.3x -357x 18.4x 21.9x 19.7x
FCF Yield 5.36% 8.48% 6.33% 4.93% -0.28% 5.43% 4.56% 5.09%
Dividend per Share 2 0.26 0.44 0.13 0.1 0.1 0.2014 0.1768 0.2414
Rate of return 5.12% 6.61% 2.16% 2.26% 1.83% 2.62% 2.3% 3.15%
EPS 2 0.38 1.33 0.34 -0.13 0.03 0.5458 0.545 0.5508
Distribution rate 68.4% 33.1% 38.2% -76.9% 333% 36.9% 32.4% 43.8%
Net sales 1 203,751 255,984 217,829 230,944 247,535 281,008 271,140 271,381
EBITDA 1 21,323 34,060 17,102 14,358 13,500 19,780 19,759 19,801
EBIT 1 14,495 26,657 10,392 6,938 5,978 12,408 11,910 12,210
Net income 1 4,974 17,320 4,280 -1,634 400 6,217 6,103 6,309
Net Debt 1 31,400 26,854 30,316 36,405 39,405 33,640 29,552 26,723
Reference price 2 5.077 6.656 6.013 4.424 5.472 7.674 7.674 7.674
Nbr of stocks (in thousands) 13,094,998 12,762,238 12,169,709 12,157,132 11,713,994 11,715,401 - -
Announcement Date 2/15/22 2/15/23 2/21/24 2/19/25 2/18/26 - - -
1USD in Million2USD
Estimates

P/E ratio, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
14.06x0.44x6.25x2.62% 89.91B
16.64x3.93x7.04x3.57% 213B
12.63x3.06x6.54x4.64% 180B
13.75x4.2x7.22x3.72% 93.13B
23.34x5.91x15.14x0.05% 68.81B
30.52x3.06x7.96x1.23% 56.2B
13.84x4.96x7.16x3.78% 35.87B
17.98x3.31x7.1x0.59% 31.74B
20.09x6.8x12.54x3.23% 28.41B
12.43x4.2x7.2x1.18% 24.91B
Average 17.53x 3.99x 8.42x 2.46% 82.19B
Weighted average by Cap. 16.58x 3.62x 7.81x 3.07%

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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