Company Valuation: Acadia Realty Trust

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 1,931 1,363 1,620 2,891 2,691 2,859 - -
Change - -29.43% 18.88% 78.47% -6.9% 6.24% - -
Enterprise Value (EV) 1 3,726 3,139 3,473 4,411 4,516 4,437 4,421 4,894
Change - -15.76% 10.64% 27.04% 2.36% -1.73% -0.37% 10.71%
P/E 84x -37.8x 85x 127x 205x 48.1x 64.2x 67.2x
PBR 1.28x 0.81x 0.99x 1.4x 1.21x 1.23x 1.29x -
PEG - 0x -1x -25.4x -4.3x 0x -2.6x -15.07x
Capitalization / Revenue 6.6x 4.18x 4.78x 8.04x 6.55x 7.38x 6.39x 5.58x
EV / Revenue 12.7x 9.62x 10.3x 12.3x 11x 11.5x 9.89x 9.55x
EV / EBITDA 24.3x 17.4x 16.4x 21.4x 19.1x 17.7x 15.6x 14.9x
EV / EBIT 124x 70.7x 70.8x 67.2x 91.4x 32.6x 35.1x 27.9x
EV / FCF 35.5x - - 93.6x - 103x 116x -
FCF Yield 2.82% - - 1.07% - 0.97% 0.86% -
Dividend per Share 2 0.6 0.72 0.72 0.74 0.8 0.804 0.8476 0.8614
Rate of return 2.75% 5.02% 4.24% 3.06% 3.89% 3.86% 4.07% 4.14%
EPS 2 0.26 -0.38 0.2 0.19 0.1 0.4325 0.3245 0.31
Distribution rate 231% -189% 360% 389% 800% 186% 261% 278%
Net sales 1 292.5 326.3 338.7 359.7 410.8 387.4 447.1 512.3
EBITDA 1 153.5 180.3 212.2 206.3 236.7 251.2 283.8 328.4
EBIT 1 30.06 44.38 49.08 65.66 49.43 136.3 125.8 175.7
Net income 1 23.15 -35.44 19.87 21.65 16.9 61.48 50.16 42.2
Net Debt 1 1,795 1,776 1,853 1,520 1,824 1,578 1,562 2,035
Reference price 2 21.83 14.35 16.99 24.16 20.54 20.82 20.82 20.82
Nbr of stocks (in thousands) 88,454 94,957 95,341 119,655 131,035 137,333 - -
Announcement Date 15/02/22 14/02/23 13/02/24 11/02/25 10/02/26 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
48.14x11.45x17.67x3.86% 2.86B
35.38x15.04x19.38x4.07% 71.72B
29.15x11.21x15.32x4.39% 16.34B
30.75x11.61x16.87x3.97% 13.95B
15.54x11.18x16.26x6.45% 12.83B
39.58x15.76x19.05x4.28% 9.26B
25.46x10.01x14.89x4.17% 9.13B
22.41x14.17x15.61x5.29% 8.86B
12.16x17.17x18.88x4.68% 8.71B
-147.22x12.19x16.52x2.77% 7.01B
Average 11.13x 12.98x 17.05x 4.39% 16.07B
Weighted average by Cap. 22.73x 13.68x 17.84x 4.34%

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

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