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 2,811 - -
Change - -29.43% 18.88% 78.47% -6.9% 4.42% - -
Enterprise Value (EV) 1 3,726 3,139 3,473 4,411 4,516 4,199 4,372 4,846
Change - -15.76% 10.64% 27.04% 2.36% -7.02% 4.13% 10.83%
P/E 84x -37.8x 85x 127x 205x 51.3x 68.9x 72.6x
PBR 1.28x 0.81x 0.99x 1.4x 1.21x 1.24x 1.3x -
PEG - 0x -1x -25.4x -4.3x 0x -2.7x -14.24x
Capitalization / Revenue 6.6x 4.18x 4.78x 8.04x 6.55x 7.39x 6.71x 5.43x
EV / Revenue 12.7x 9.62x 10.3x 12.3x 11x 11x 10.4x 9.37x
EV / EBITDA 24.3x 17.4x 16.4x 21.4x 19.1x 16.4x 16x 14.3x
EV / EBIT 124x 70.7x 70.8x 67.2x 91.4x 49.4x 45.6x 28.4x
EV / FCF 35.5x - - 93.6x - 121x 127x -
FCF Yield 2.82% - - 1.07% - 0.83% 0.78% -
Dividend per Share 2 0.6 0.72 0.72 0.74 0.8 0.808 0.8555 0.878
Rate of return 2.75% 5.02% 4.24% 3.06% 3.89% 3.84% 4.06% 4.17%
EPS 2 0.26 -0.38 0.2 0.19 0.1 0.4102 0.3056 0.29
Distribution rate 231% -189% 360% 389% 800% 197% 280% 303%
Net sales 1 292.5 326.3 338.7 359.7 410.8 380.1 418.9 517.3
EBITDA 1 153.5 180.3 212.2 206.3 236.7 256.6 273.6 338.7
EBIT 1 30.06 44.38 49.08 65.66 49.43 84.94 95.95 170.4
Net income 1 23.15 -35.44 19.87 21.65 16.9 56.34 44.06 42.2
Net Debt 1 1,795 1,776 1,853 1,520 1,824 1,388 1,562 2,035
Reference price 2 21.83 14.35 16.99 24.16 20.54 21.05 21.05 21.05
Nbr of stocks (in thousands) 88,454 94,957 95,341 119,655 131,035 133,517 - -
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 (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
51.32x11.05x16.36x3.84% 2.81B
34.48x15.23x19.71x4.05% 72.32B
30.34x11.43x16.01x4.18% 16.91B
32.19x11.81x17.78x3.83% 14.49B
14.61x10.75x15.61x6.86% 12.09B
26.59x10.28x15.11x3.97% 9.58B
39.45x15.55x18.76x4.18% 9.15B
22.73x14.19x15.61x5.22% 8.86B
12.03x17.3x19.02x4.71% 8.39B
-188.1x12.32x19.42x2.71% 7.56B
Average 7.57x 12.99x 17.34x 4.35% 16.22B
Weighted average by Cap. 20.28x 13.76x 18.19x 4.29%

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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