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 96,016 101,589 - -
Change - 6.86% -1.54% 17.94% 6.45% 5.8% - -
Enterprise Value (EV) 1 124,600 77,671 137,726 153,951 166,968 179,450 187,956 193,561
Change - -37.66% 77.32% 11.78% 8.46% 7.48% 4.74% 2.98%
P/E 30.3x 21.8x 19.3x 20.6x 22.2x 19.8x 18x 16.6x
PBR 2.61x - 2.43x 2.72x 2.66x 2.51x 2.33x 2.17x
PEG - 0.5x 1.8x 2.14x -12.65x 1.4x 1.84x 1.98x
Capitalization / Revenue 3.14x 2.65x 3.03x 3.38x 3.25x 3.29x 3.1x 2.9x
EV / Revenue 5.39x 2.65x 5.45x 5.76x 5.65x 5.81x 5.74x 5.53x
EV / EBITDA 13.7x 8.37x 13.3x 13x 13.1x 12.7x 12.3x 11.4x
EV / EBIT 22.4x 13.8x 23.6x 21.8x 22.9x 22x 20.7x 19x
EV / FCF -116x - -89.3x 185x -56.9x -103x -73.3x 1,373x
FCF Yield -0.86% - -1.12% 0.54% -1.76% -0.97% -1.36% 0.07%
Dividend per Share 2 2.62 - 2.78 2.86 2.94 3.038 3.134 3.235
Rate of return 3.82% - 3.96% 3.47% 3.37% 3.44% 3.55% 3.66%
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% 60.8%
Net sales 1 23,113 29,279 25,253 26,724 29,553 30,909 32,745 34,974
EBITDA 1 9,123 9,284 10,351 11,823 12,786 14,094 15,309 16,957
EBIT 1 5,558 5,621 5,826 7,068 7,285 8,148 9,089 10,188
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 91,972
Reference price 2 68.58 71.41 70.12 82.32 87.20 88.31 88.31 88.31
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.($)
29.99x5.04x36.89x0.22% 246B
20.64x9.02x15.41x2.97% 173B
19.43x4.01x11.06x3.69% 148B
12.41x1.83x6.5x5.71% 104B
19.76x5.81x12.73x3.44% 102B
22.83x3.49x14.18x0.59% 103B
17.87x5.55x11.17x3.61% 94B
19.2x5.11x12.35x3.11% 67.27B
18.42x6.22x13.06x4.04% 58.09B
Average 20.06x 5.12x 14.82x 3.04% 121.56B
Weighted average by Cap. 21.47x 5.26x 17.76x 2.65%

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. SOT Stock
  5. Valuation Southern Company