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 98,287 - -
Change - 6.86% -1.54% 17.94% 6.45% 2.36% - -
Enterprise Value (EV) 1 124,600 77,671 137,726 153,951 166,968 176,148 184,654 190,260
Change - -37.66% 77.32% 11.78% 8.46% 5.5% 4.83% 3.04%
P/E 30.3x 21.8x 19.3x 20.6x 22.2x 19.1x 17.4x 16.1x
PBR 2.61x - 2.43x 2.72x 2.66x 2.42x 2.26x 2.1x
PEG - 0.5x 1.8x 2.14x -12.65x 1.4x 1.77x 1.92x
Capitalization / Revenue 3.14x 2.65x 3.03x 3.38x 3.25x 3.18x 3x 2.81x
EV / Revenue 5.39x 2.65x 5.45x 5.76x 5.65x 5.7x 5.64x 5.44x
EV / EBITDA 13.7x 8.37x 13.3x 13x 13.1x 12.5x 12.1x 11.2x
EV / EBIT 22.4x 13.8x 23.6x 21.8x 22.9x 21.7x 20.3x 18.7x
EV / FCF -116x - -89.3x 185x -56.9x -101x -72x 1,349x
FCF Yield -0.86% - -1.12% 0.54% -1.76% -0.99% -1.39% 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% 3.56% 3.67% 3.78%
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 85.44 85.44 85.44
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.($)
33.64x5.66x41.36x0.2% 274B
19.34x8.72x15.1x3.18% 162B
20.3x4.22x11.6x3.47% 153B
19.27x10.9x14.22x3.62% 104B
12.14x1.81x6.42x5.84% 98.77B
19.11x5.7x12.5x3.56% 98.29B
23.99x3.56x14.49x0.57% 106B
17.14x5.44x10.91x3.77% 90.18B
18.91x5.07x12.26x3.16% 66.24B
Average 20.43x 5.67x 15.43x 3.04% 128.22B
Weighted average by Cap. 22.45x 5.80x 19.28x 2.61%

Y-o-Y evolution of P/E

Valuation ratios - P/E - Southern Company

Historical PBR trend

Valuation ratios - PBR - Southern Company

Evolution Enterprise Value / Sales

Valuation ratios - VE_REV - Southern Company

Change in Enterprise Value/EBITDA

Valuation ratios - VE_EBITDA - Southern Company


Year-on-year evolution of the Yield

Valuation ratios - Yield - Southern Company
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