How does STS's PE Ratio compare to its peers?

STS is good value based on its Price-To-Earnings Ratio (10.6x) compared to the peer average (30.7x).

How does STS's PE Ratio compare vs other companies in the European Oil and Gas Industry?

STS is expensive based on its Price-To-Earnings Ratio (10.6x) compared to the European Oil and Gas industry average (8.4x).

What is STS's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

STS is good value based on its Price-To-Earnings Ratio (10.6x) compared to the estimated Fair Price-To-Earnings Ratio (24.2x).

What is the Fair Price of STS when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

STS (€3.78) is trading below our estimate of [[fair value]] (€9.41)

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Insufficient data to show price forecast.

STS Stock Overview

Explores for, develops, produces, transports, and markets hydrocarbons in Australia and Papua New Guinea. More details

STS fundamental analysis
Snowflake Score
Valuation	4/6
Future Growth	2/6
Past Performance	2/6
Financial Health	5/6
Dividends	4/6

Rewards

Trading at 59.8% below our estimate of its fair value

Earnings are forecast to grow 11.21% per year

Risk Analysis

Dividend of 7.36% is not well covered by free cash flows

My Notes

Capture your thoughts, links and company narrative

Santos Limited Competitors

Deutsche Rohstoff

XTRA:DR0

€158.7m

PTT Exploration and Production

SET:PTTEP

฿472.4b

CropEnergies

HMSE:CE2

€1.2b

PJSC Tatneft

MISX:TATN

₽915.4b

Price History & Performance

Summary of share price highs, lows and changes for Santos
Historical stock prices
Current Share Price	AU$3.78
52 Week High	AU$4.78
52 Week Low	AU$3.62
Beta	1.12
1 Month Change	-2.07%
3 Month Change	-9.13%
1 Year Change	n/a
3 Year Change	n/a
5 Year Change	n/a
Change since IPO	-27.24%

Recent updates

Shareholder Returns

	STS	DE Oil and Gas	DE Market
7D	2.7%	2.7%	0.3%
1Y	n/a	-36.3%	6.9%

Return vs Industry: Insufficient data to determine how STS performed against the German Oil and Gas industry.

Return vs Market: Insufficient data to determine how STS performed against the German Market.

Price Volatility

Is STS's price volatile compared to industry and market?
STS volatility
STS Average Weekly Movement	4.4%
Oil and Gas Industry Average Movement	5.4%
Market Average Movement	4.9%
10% most volatile stocks in DE Market	11.8%
10% least volatile stocks in DE Market	2.4%

Stable Share Price: STS has not had significant price volatility in the past 3 months compared to the German market.

Volatility Over Time: STS's weekly volatility (4%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1954	3,864	Kevin Gallagher	www.santos.com

Santos Limited explores for, develops, produces, transports, and markets hydrocarbons in Australia and Papua New Guinea. The company’s assets are located in the Cooper Basin, Queensland and NSW, Papua New Guinea, Western Australia, Northern Australia and Timor-Leste. It also holds an asset in Alaska, the United States; and engages in the development of decarbonization technologies, such as carbon capture and storage technologies.

Santos Limited Fundamentals Summary

How do Santos's earnings and revenue compare to its market cap?
STS fundamental statistics
Market cap	€12.90b
Earnings (TTM)	€1.21b
Revenue (TTM)	€5.42b

10.6x

P/E Ratio

2.4x

P/S Ratio

Is STS overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
STS income statement (TTM)
Revenue	US$5.63b
Cost of Revenue	US$3.53b
Gross Profit	US$2.10b
Other Expenses	US$842.00m
Earnings	US$1.26b

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	0.39
Gross Margin	37.35%
Net Profit Margin	22.40%
Debt/Equity Ratio	35.5%

How did STS perform over the long term?

See historical performance and comparison

Dividends

7.4%

Current Dividend Yield

78%

Payout Ratio

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/30 15:45
End of Day Share Price	2024/12/30 00:00
Earnings	2024/06/30
Annual Earnings	2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Santos Limited is covered by 29 analysts. 13 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Russell Wright	Barclay Pearce Capital Pty Limited
Dale Koenders	Barrenjoey Markets Pty Limited
Rob Crookston	Bell Potter