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Sector: Oil & gas

AU_STO

Price chart

7.075 AUDDay -1.74%

Key metrics

Net debt (table and EV/EBITDA): |short-term borrowings| + |long-term borrowings| + |other financial liabilities| when extracted + |non-controlling interest| when extracted − |cash and equivalents|; amounts in millions of the reporting currency.

Market

Price
7.075 AUD · -1.74%
Market cap
15.1 bn USD

Growth

Δ revenue y/y
-8.4%
Δ EBITDA y/y
-10.3%

Multiples

P/E (LTM)
18.5x
3y avg: 14.7x
P/B (FY)
1.0x
EV/EBITDA (LTM)
6.6x
3y avg: 6.1x

Cash return

Dividend yield
4.9%
FCF yield (LTM)
5.0%

Value creation

to fair market cap at the 3-yr-average EV/EBITDA
Upside (potential)

Liquidity

Daily turnover (listing)
54.7 mln AUD

Shares: yahoo_fundamentals_timeseries/STO.AX

Financial dynamics

Monetary columns are in M USD, one decimal; scale (K/M/B/T) keeps values readable. For the period (default) shows P&L and cash flow for that row’s reporting window: quarterly amounts when the feed uses quarter-duration facts (typical US 10-Q revenue and income), quarterly cash flows after stripping YTD where only cumulative tags exist, and an implied Q4 on 31 Dec FY rows (P&L: FY minus Q1–Q3; operating / investing cash flow: FY 12m minus 9M YTD to 30 Sep when sourced from SEC builder evidence) so they match 10-Q scale. Some issuers still use cumulative YTD minus the prior row in the same calendar year. As reported shows values stored on each row (e.g. full-year on FY). Balance sheet is always as reported. Source JSON may use millions etc.; conversion uses amounts_unit per row.

DatePeriodStatusRevenueM USDOperating profitM USDD&AM USDEBITDAM USDNet profitM USDOperating CFM USDCapex + M&AM USDAssetsM USDEquityM USDROE (annualized)Net debtM USDSource
2025-12-31FY 2025 (12M)OK4951.0
y/y -8.4%
1180.0
y/y -27.1%
1777.0
y/y 5.8%
2957.0
y/y -10.3%
818.0
y/y -33.2%
2813.0-2056.030530.0
y/y 3.0%
15665.0
y/y 0.8%
5.2%4354.0
2024-12-31FY 2024 (12M)OK5404.0
y/y -8.2%
1618.0
y/y -10.6%
1679.0
y/y -9.6%
3297.0
y/y -10.1%
1224.0
y/y -13.6%
2850.0-2401.029633.0
y/y -0.4%
15537.0
y/y 1.7%
7.9%4034.0
2023-12-31FY 2023 (12M)OK5889.0
y/y
1809.0
y/y
1858.0
y/y
3667.0
y/y
1416.0
y/y
3258.0-2369.029756.0
y/y
15275.0
y/y
3499.0
Data quality No obvious scale, balance-sheet, or cash-flow sanity issues in the displayed periods.

Revenue & EBITDA

RevenueEBITDA

Quarterly values ($ mln)

02 0004 0006 0002023 FY2024 FY2025 FY

Year-over-year change

-15%-10%-5%0%2023 FY2024 FY2025 FY

Cash flow

FCF ($ mln)

02004006002023 FY2024 FY2025 FY

Net debt / cash ($ mln)

01 0002 0003 0004 0002023 FY2024 FY2025 FY

Key-commodity price — Brent

Current 73spot vs LTM -4%

Commodity-player potential

Target market cap from conservative EBITDA and the historical EV/EBITDA

Upside: -50.0%

Main driver: Brent -5% vs LTM; revenue ×0.96 vs costs ×1.04; EBITDA 3 286→3 030; at 4.0× EV/EBITDA → -50%.

Product prices — moves vs the LTM average

CommodityShareSpotLTM3-yrvs LTM, $3y vs LTM
Brent (rev)+80%72.9376.5880.29-5%+5%

How it is calculated — revenue → costs → EBITDA → target market cap

1 · Reported baseline (LTM)
LTM revenue4 951
LTM EBITDA3 286
LTM cash costs (revenue − EBITDA)1 665
2 · Revenue projection
Revenue multiplier — spot×0.962 (-4%)
= Spot revenue4 762
Revenue multiplier — 3y price×1.039 (+4%)
= 3-year-price revenue5 143
3 · Costs projection
Cost multiplier — spot×1.040 (+4%)
= Spot cash costs1 732
Cost multiplier — 3y price×1.040 (+4%)
= 3-year-price cash costs1 732
4 · EBITDA projection (revenue − costs)
= Spot EBITDA3 030
= 3-year-price EBITDA3 411
Conservative EBITDA = min(spot, avg)3 030
5 · Valuation → target market cap
Historical EV/EBITDA (75th pct)4.0x
Target EV = EV/EBITDA × conservative EBITDA12 029
Net debt4 354
Target market cap = EV − net debt7 675
Current market cap15 363

Upside = target market cap ÷ current − 1 = -50.0%

Spot model vs reported — what the spot model projected (trailing-LTM base brought to the period × the period's commodity-price move) against the actual report, per reported period (quarter, half-year or full year — per the filer's calendar); amounts in USD mln. green = reported above projection, pink = below.

PeriodAct. revModel revΔ revAct. EBITDAModel EBITDAΔ EBITDA
2023 FY5 8896 747-12.7%3 9683 811+4.1%
2024 FY5 4045 748-6.0%3 6743 750-2.0%
2025 FY4 9514 775+3.7%3 2862 975+10.4%

Revenue growth & acceleration

Growth steady →
Last-year revenue growth -8% vs -8% the year before — a -0.1 pp move. 3-year CAGR -14%.
revenue growth by year: 2023 -24% · 2024 -8% · 2025 -8%
The growth-acceleration signal behind the GARP+acceleration strategy — it favours companies whose revenue growth is speeding up and flags those slowing down (the second derivative of growth).

EV/EBITDA — LTM vs projected

Projected EV/EBITDA 6.3x · target 75th pct (3y) 6.4x · LTM avg 5.5x

EV/EBITDA (LTM)EV/EBITDA (projected)target 75th pct (projected, 3y)

Dividends

Paid (completed)

DatePer shareDetailsStatusSource
2026-02-220.1457 AUDEx-dividend: 0.1457 AUD per sharePaidYahoo Finance (ex-div)
2025-09-020.2029 AUDEx-dividend: 0.2029 AUD per sharePaidYahoo Finance (ex-div)
2025-02-230.1632 AUDEx-dividend: 0.1632 AUD per sharePaidYahoo Finance (ex-div)
2024-08-260.1911 AUDEx-dividend: 0.1911 AUD per sharePaidYahoo Finance (ex-div)
2024-02-250.2683 AUDEx-dividend: 0.2683 AUD per sharePaidYahoo Finance (ex-div)
2023-08-280.134 AUDEx-dividend: 0.134 AUD per sharePaidYahoo Finance (ex-div)
2023-02-260.2236 AUDEx-dividend: 0.2236 AUD per sharePaidYahoo Finance (ex-div)
2022-08-220.1093 AUDEx-dividend: 0.1093 AUD per sharePaidYahoo Finance (ex-div)
2022-02-200.1181 AUDEx-dividend: 0.1181 AUD per sharePaidYahoo Finance (ex-div)
2021-08-200.0769 AUDEx-dividend: 0.0769 AUD per sharePaidYahoo Finance (ex-div)

KASE: status follows wording in the news headline (paid vs intends to pay). Yahoo: amounts are cash dividends per share on ex-dividend dates (UTC calendar date). stockscope.uz (UZ): amounts are per share in UZS by publication date (not necessarily ex-div).

Reporting forms detected in loaded periods: (Balance sheet / Profit or loss (P&L) / Cash flows)