Company Valuation: Southern Company

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 72,681 77,671 76,474 90,197 96,016 96,308 - -
Change - 6.86% -1.54% 17.94% 6.45% 0.3% - -
Enterprise Value (EV) 1 124,600 77,671 137,726 153,951 166,968 174,169 182,676 188,282
Change - -37.66% 77.32% 11.78% 8.46% 4.31% 4.88% 3.07%
P/E 30.3x 21.8x 19.3x 20.6x 22.2x 18.7x 17.1x 15.7x
PBR 2.61x - 2.43x 2.72x 2.66x 2.38x 2.21x 2.05x
PEG - 0.5x 1.8x 2.14x -12.65x 1.3x 1.74x 1.87x
Capitalization / Revenue 3.14x 2.65x 3.03x 3.38x 3.25x 3.12x 2.94x 2.75x
EV / Revenue 5.39x 2.65x 5.45x 5.76x 5.65x 5.63x 5.58x 5.38x
EV / EBITDA 13.7x 8.37x 13.3x 13x 13.1x 12.4x 11.9x 11.1x
EV / EBIT 22.4x 13.8x 23.6x 21.8x 22.9x 21.4x 20.1x 18.5x
EV / FCF -116x - -89.3x 185x -56.9x -99.6x -71.2x 1,335x
FCF Yield -0.86% - -1.12% 0.54% -1.76% -1% -1.4% 0.07%
Dividend per Share 2 2.62 - 2.78 2.86 2.94 3.039 3.133 3.232
Rate of return 3.82% - 3.96% 3.47% 3.37% 3.63% 3.74% 3.86%
EPS 2 2.26 3.28 3.64 3.99 3.92 4.47 4.908 5.32
Distribution rate 116% - 76.4% 71.7% 75% 68% 63.8% 60.7%
Net sales 1 23,113 29,279 25,253 26,724 29,553 30,916 32,744 34,972
EBITDA 1 9,123 9,284 10,351 11,823 12,786 14,088 15,305 16,954
EBIT 1 5,558 5,621 5,826 7,068 7,285 8,121 9,085 10,185
Net income 1 2,393 3,524 3,976 4,401 4,341 5,039 5,647 6,278
Net Debt 1 51,919 - 61,252 63,754 70,952 77,861 86,367 91,973
Reference price 2 68.58 71.41 70.12 82.32 87.20 83.72 83.72 83.72
Nbr of stocks (in thousands) 1,059,804 1,087,673 1,090,619 1,095,684 1,101,105 1,150,363 - -
Announcement Date 17/2/22 16/2/23 15/2/24 20/2/25 19/2/26 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
18.73x5.63x12.36x3.63% 96.31B
32.33x5.43x39.68x0.2% 263B
19.08x8.65x14.98x3.22% 160B
20.13x4.19x11.54x3.5% 152B
19.27x10.9x14.22x3.62% 104B
12.09x1.81x6.41x5.87% 98.27B
20.56x3.13x12.75x0.66% 91.23B
16.92x5.4x10.84x3.82% 88.99B
18.58x5.02x12.14x3.22% 65.09B
17.1x5.99x12.61x4.35% 53.92B
Average 19.48x 5.62x 14.75x 3.21% 117.36B
Weighted average by Cap. 21.42x 5.73x 18.32x 2.77%

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. Stocks
  3. SO Stock
  4. Valuation Southern Company