Company Valuation: Santos Limited

Data adjusted to current consolidation scope
Fiscal Period: December 2020 2021 2022 2023 2024 2025 2026 2027
Capitalization 1 10,076 15,506 16,030 16,778 13,392 14,048 - -
Change - 53.89% 3.38% 4.67% -20.18% 4.9% - -
Enterprise Value (EV) 1 13,727 20,579 19,480 21,042 18,283 19,553 18,971 18,483
Change - 49.91% -5.34% 8.02% -13.11% 6.95% -2.98% -2.57%
P/E ratio -28.3x 15x 7.73x 12x 11x 14.8x 10.8x 9.8x
PBR 1.39x 1.14x 1.08x 1.1x 0.87x 0.89x 0.86x 0.86x
PEG - -0x 0x -0.4x -0.8x -0.7x 0.3x 0.99x
Capitalization / Revenue 2.97x 3.29x 2.06x 2.85x 2.49x 2.74x 2.29x 2.14x
EV / Revenue 4.05x 4.37x 2.5x 3.57x 3.4x 3.81x 3.09x 2.82x
EV / EBITDA 7.46x 7.68x 3.54x 5.26x 5.03x 5.71x 4.49x 4.12x
EV / EBIT 16.7x 14.3x 5.19x 10.1x 9.08x 12.3x 8.65x 7.68x
EV / FCF 18.6x 17.6x 6.83x 9.89x 40.7x 25.3x 15.2x 12x
FCF Yield 5.39% 5.68% 14.6% 10.1% 2.46% 3.95% 6.57% 8.31%
Dividend per Share 2 0.071 0.14 0.151 0.262 0.233 0.2262 0.2558 0.3408
Rate of return 1.47% 3.05% 3.11% 5.06% 5.64% 5.22% 5.9% 7.86%
EPS 2 -0.171 0.306 0.628 0.432 0.376 0.2924 0.4027 0.4424
Distribution rate -41.5% 45.8% 24% 60.6% 62% 77.4% 63.5% 77%
Net sales 1 3,387 4,713 7,790 5,889 5,381 5,129 6,141 6,560
EBITDA 1 1,839 2,679 5,498 3,997 3,637 3,427 4,224 4,484
EBIT 1 824 1,436 3,751 2,075 2,013 1,593 2,194 2,408
Net income 1 -357 658 2,112 1,416 1,224 970.7 1,298 1,417
Net Debt 1 3,651 5,073 3,450 4,264 4,891 5,505 4,924 4,436
Reference price 2 4.837 4.588 4.853 5.181 4.134 4.336 4.336 4.336
Nbr of stocks (in thousands) 2,083,077 3,379,649 3,303,215 3,238,575 3,239,501 3,239,897 - -
Announcement Date 2/17/21 2/15/22 2/21/23 2/20/24 2/18/25 - - -
1USD in Million2USD
Estimates

P/E ratio, Detailed evolution

P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
14.83x3.81x5.71x5.22% 14.05B
16.94x3.92x7.58x5.11% 1,668B
23.6x1.91x8.61x4.35% 317B
9.38x0.63x3.84x5.46% 248B
12.29x0.97x4.59x3.83% 217B
9.9x0.95x4.43x5.82% 141B
3.88x1.6x3.31x10.79% 82.96B
10.57x0.68x1.84x6.14% 60.93B
12.47x0.82x3.94x6.36% 58.04B
13.67x1.67x5.37x3.71% 53.49B
Average 12.75x 1.70x 4.92x 5.68% 286.04B
Weighted average by Cap. 15.65x 2.80x 6.62x 5.18%
See all sector valuations

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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