Company Valuation: Southern Company

Data adjusted to current consolidation scope
Fiscal Period: December 2020 2021 2022 2023 2024 2025 2026 2027
Capitalization 1 64,885 72,681 77,671 76,474 90,197 94,376 - -
Change - 12.02% 6.86% -1.54% 17.94% 4.63% - -
Enterprise Value (EV) 1 113,009 124,600 77,671 137,726 153,951 165,386 169,279 173,481
Change - 10.26% -37.66% 77.32% 11.78% 7.43% 2.35% 2.48%
P/E ratio 20.8x 30.3x 21.8x 19.3x 20.6x 20.3x 18.7x 17.4x
PBR 2.32x 2.61x - 2.43x 2.72x 2.69x 2.5x 2.34x
PEG - -1.3x 0.5x 1.8x 2.14x 3.53x 2.15x 2.35x
Capitalization / Revenue 3.18x 3.14x 2.65x 3.03x 3.38x 3.3x 3.13x 2.97x
EV / Revenue 5.55x 5.39x 2.65x 5.45x 5.76x 5.78x 5.62x 5.46x
EV / EBITDA 12.7x 13.7x 8.37x 13.3x 13x 12.9x 12.3x 11.6x
EV / EBIT 21x 22.4x 13.8x 23.6x 21.8x 21.2x 19.7x 18.5x
EV / FCF -152x -116x - -89.3x 185x -72.9x 286x 80.3x
FCF Yield -0.66% -0.86% - -1.12% 0.54% -1.37% 0.35% 1.25%
Dividend per Share 2 2.54 2.62 - 2.78 2.86 2.951 3.039 3.133
Rate of return 4.13% 3.82% - 3.96% 3.47% 3.44% 3.55% 3.66%
EPS 2 2.95 2.26 3.28 3.64 3.99 4.219 4.585 4.924
Distribution rate 86.1% 116% - 76.4% 71.7% 69.9% 66.3% 63.6%
Net sales 1 20,375 23,113 29,279 25,253 26,724 28,608 30,124 31,751
EBITDA 1 8,889 9,123 9,284 10,351 11,823 12,858 13,812 14,935
EBIT 1 5,371 5,558 5,621 5,826 7,068 7,809 8,574 9,402
Net income 1 3,119 2,393 3,524 3,976 4,401 4,650 5,159 5,630
Net Debt 1 48,124 51,919 - 61,252 63,754 71,010 74,903 79,105
Reference price 2 61.43 68.58 71.41 70.12 82.32 85.71 85.71 85.71
Nbr of stocks (in thousands) 1,056,242 1,059,804 1,087,673 1,090,619 1,095,684 1,101,105 - -
Announcement Date 2/18/21 2/17/22 2/16/23 2/15/24 2/20/25 - - -
1USD in Million2USD
Estimates

P/E ratio, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
20.31x5.78x12.86x3.44% 94.38B
89.21x4.75x53.59x0.14% 186B
23.58x9.06x15.36x2.78% 169B
18.6x3.54x10.29x3.82% 137B
12.95x1.87x6.42x5.51% 104B
18.29x5.54x11.32x3.68% 89.89B
18.52x5.02x12.26x3.27% 61.19B
35.42x3.88x12.86x0.55% 58.77B
17.1x6.09x12.85x4.5% 50.67B
19.48x5.28x13.04x3.1% 43.61B
Average 27.35x 5.08x 16.09x 3.08% 99.56B
Weighted average by Cap. 33.15x 5.24x 19.71x 2.86%
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

  1. Stock Market
  2. Equities
  3. SO Stock
  4. Valuation Southern Company