Valuation Covivio

Stocks

Market Closed - Euronext Paris Other stock markets 19:55:00 10/07/2026 +04			5-day change	1st Jan Change
53.35 ^EUR	+0.47%		-1.57%	-5.83%

07-01	Delfin deadlocked, Del Vecchio skips meeting as heirs approve 2025 accounts	AN
06-19	Covivio Maintained Among Deloitte France’s “Best Managed Companies”

Data adjusted to current consolidation scope

Fiscal Period: December	2021	2022	2023	2024	2025	2026	2027	2028
Market Cap ¹	6,813	5,199	4,872	5,403	6,274	5,910	-	-
Change	-	-23.69%	-6.29%	10.89%	16.12%	-5.8%	-	-
Enterprise Value (EV) ¹	17,785	5,199	11,797	12,248	13,335	14,078	14,187	14,082
Change	-	-70.77%	126.9%	3.82%	8.88%	5.57%	0.78%	-0.74%
P/E	7.37x	8.39x	-3.34x	76.5x	8.5x	9.5x	8.95x	7.58x
PBR	0.79x	0.55x	0.6x	0.66x	0.73x	0.61x	0.59x	0.57x
PEG	-	-0.3x	0x	-1x	0x	-0.6x	1.45x	0.4x
Capitalization / Revenue	11.5x	8.57x	7.91x	5.4x	9.88x	6.42x	5.43x	5.82x
EV / Revenue	29.9x	8.57x	19.2x	12.2x	21x	15.3x	13x	13.9x
EV / EBITDA	32.6x	9.73x	21.4x	20.9x	20.7x	20.4x	19.7x	18.3x
EV / EBIT	35.7x	10x	22.3x	21.4x	21.7x	20x	18.6x	16.5x
EV / FCF	24.8x	-	34x	31.8x	55.6x	-66.4x	-65.1x	251x
FCF Yield	4.03%	-	2.94%	3.14%	1.8%	-1.51%	-1.54%	0.4%
Dividend per Share ²	3.75	3.75	3.3	3.5	3.75	3.911	4.002	4.143
Rate of return	5.19%	6.76%	6.78%	7.18%	6.62%	7.33%	7.5%	7.77%
EPS ²	9.791	6.606	-14.55	0.637	6.667	5.615	5.962	7.041
Distribution rate	38.3%	56.8%	-22.7%	549%	56.2%	69.7%	67.1%	58.8%
Net sales ¹	594.6	606.8	615.6	1,000	634.8	920.5	1,088	1,016
EBITDA ¹	545.6	534.3	551	587	643	689.4	721.7	769.3
EBIT ¹	498	517.5	530	571.8	615.7	702.4	762.5	852.9
Net income ¹	923.6	620.7	-1,419	68.1	738.7	790.2	700.6	688
Net Debt ¹	10,972	-	6,925	6,845	7,061	8,168	8,277	8,172
Reference price ²	72.20	55.45	48.68	48.76	56.65	53.35	53.35	53.35
Nbr of stocks (in thousands)	94,369	93,764	100,084	110,805	110,750	110,776	-	-
Announcement Date	22/02/22	21/02/23	15/02/24	19/02/25	18/02/26	-	-	-

¹EUR in Million²EUR

Estimates

Add to a list 0 selected To use this feature you must be a member Log in Sign up	P/E (Y)	EV / Sales (Y)	EV / EBITDA (Y)	Dividend Yield (Y)	Capi.($)
COVIVIO	9.5x	15.29x	20.42x	7.33%	6.76B
REALTY INCOME CORPORATION	40.45x	15.69x	16.27x	5.17%	59.04B
UNIBAIL-RODAMCO-WESTFIELD SE	9.2x	12.59x	15.43x	5.36%	16.9B
SEGRO PLC	13.53x	22.51x	26.48x	3.81%	15.64B
CAPITALAND INTEGRATED COMMERCIAL TRUST	20.16x	17.01x	24.95x	4.91%	15.04B
KLÉPIERRE	10.16x	13.36x	16.08x	5.43%	11.83B
MERLIN PROPERTIES SOCIMI, S.A.	7.95x	22.47x	30.42x	2.8%	10.65B
FEDERAL REALTY INVESTMENT TRUST	31.39x	11.29x	17.82x	3.76%	10.45B
CAPITALAND ASCENDAS REIT	16.13x	12.37x	19.33x	6.06%	9.75B
ALEXANDRIA REAL ESTATE EQUITIES, INC.	22.96x	7.11x	11.65x	6.02%	8.34B
Average	18.14x	14.97x	19.88x	5.06%	16.44B
Weighted average by Cap.	24.36x	15.49x	19.07x	5%