Company Valuation: Federal Realty Investment Trust

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 10,604 8,205 8,411 9,512 8,696 9,409 - -
Change - -22.62% 2.51% 13.08% -8.58% 8.2% - -
Enterprise Value (EV) 1 14,634 12,595 12,760 13,862 13,532 14,191 14,279 14,323
Change - -13.94% 1.31% 8.64% -2.38% 4.87% 0.62% 0.31%
P/E 41.8x 21.5x 36.8x 32.7x 21.5x 25.7x 33.3x 30.4x
PBR 4.15x 2.78x 2.88x 3.02x 2.69x 2.91x 3.02x 3.07x
PEG - 0.5x -0.9x 1.5x 0.6x -2.5x -1.5x 3.17x
Capitalization / Revenue 11.2x 7.65x 7.44x 7.92x 6.81x 6.91x 6.59x 6.31x
EV / Revenue 15.4x 11.7x 11.3x 11.5x 10.6x 10.4x 10x 9.61x
EV / EBITDA 25x 18.9x 17.8x 18.2x 16.6x 16.4x 15.6x 14.9x
EV / EBIT 48x 34.7x 32.2x 33.1x 30.4x 28.7x 28x 26.3x
EV / FCF 475x 126x 52.1x 42.3x 40.9x 109x 88.8x -
FCF Yield 0.21% 0.79% 1.92% 2.36% 2.45% 0.92% 1.13% -
Dividend per Share 2 4.26 4.3 4.34 4.38 4.46 4.568 4.674 4.821
Rate of return 3.13% 4.26% 4.21% 3.91% 4.42% 4.22% 4.32% 4.45%
EPS 2 3.26 4.71 2.8 3.42 4.68 4.208 3.254 3.566
Distribution rate 131% 91.3% 155% 128% 95.3% 109% 144% 135%
Net sales 1 948.8 1,073 1,131 1,201 1,278 1,362 1,427 1,491
EBITDA 1 584.8 665 718.4 760.9 813.2 862.8 916.1 958.6
EBIT 1 304.8 362.6 396.6 418.3 445.3 494 509.8 545.2
Net income 1 253.5 377.5 229 287.2 403 363 282.7 316.7
Net Debt 1 4,030 4,389 4,348 4,350 4,836 4,782 4,870 4,913
Reference price 2 136.32 101.04 103.05 111.95 100.80 108.29 108.29 108.29
Nbr of stocks (in thousands) 77,789 81,209 81,623 84,964 86,270 86,889 - -
Announcement Date 10/02/22 08/02/23 12/02/24 13/02/25 12/02/26 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
25.73x10.42x16.45x4.22% 9.41B
38.67x18.39x23.35x3.3% 123B
30.33x13.86x17.61x4.49% 64.96B
35.96x14.5x14.98x6.01% 51.22B
18.62x15.72x17.91x1.11% 38.65B
16.39x23.1x27.68x3.52% 16.7B
26.08x10.47x14.45x4.83% 14.9B
8.06x11.76x14.41x6.19% 14.62B
17.87x16x23.25x5.39% 13.89B
28.95x11.08x16.19x4.22% 13.13B
Average 24.67x 14.53x 18.63x 4.33% 36.09B
Weighted average by Cap. 30.36x 15.79x 19.57x 3.99%

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

  1. Stock Market
  2. Stocks
  3. FRT Stock
  4. Valuation Federal Realty Investment Trust