Company Valuation: Gecina

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 9,059 7,022 8,134 6,688 5,992 5,488 - -
Change - -22.49% 15.83% -17.78% -10.41% -8.41% - -
Enterprise Value (EV) 1 15,957 14,199 14,334 13,188 12,746 12,154 12,500 12,521
Change - -11.02% 0.95% -7.99% -3.36% -4.64% 2.84% 0.17%
P/E 10.7x 41.4x -4.56x 21.7x 13.4x 9.24x 9.5x 8.93x
PBR 0.7x 0.55x 0.77x 0.64x 0.57x 0.52x 0.51x 0.5x
PEG - -0.5x 0x -0x 0.3x 0.3x -3.56x 1.39x
Capitalization / Revenue 14.8x 11.2x 12.2x 9.63x 8.41x 7.69x 7.52x 7.17x
EV / Revenue 26x 22.7x 21.5x 19x 17.9x 17x 17.1x 16.4x
EV / EBITDA 33.5x 28.6x 26.8x 23.3x 21.6x 20.5x 20.7x 19.7x
EV / EBIT 34.3x 28.9x 28.4x 23.8x 21.9x 20.7x 20.6x 19.7x
EV / FCF 23.6x 64.9x 99.2x 90.8x 47.4x 25x 33x 18.5x
FCF Yield 4.23% 1.54% 1.01% 1.1% 2.11% 4.01% 3.03% 5.42%
Dividend per Share 2 5.3 5.3 5.3 5.45 5.5 5.607 5.678 5.847
Rate of return 4.31% 5.57% 4.81% 6.03% 6.8% 7.57% 7.66% 7.89%
EPS 2 11.53 2.299 -24.15 4.175 6.028 8.015 7.802 8.303
Distribution rate 46% 231% -21.9% 131% 91.2% 70% 72.8% 70.4%
Net sales 1 613.3 625.9 666.8 694.5 712.6 713.7 729.4 765.5
EBITDA 1 476.4 496.5 535 565.7 589.7 592.6 604 634.9
EBIT 1 464.6 491.5 505.3 554 582.2 585.9 607.2 635.2
Net income 1 849.3 169.6 -1,787 309.8 448.2 483.3 687.5 768.9
Net Debt 1 6,898 7,177 6,200 6,500 6,754 6,666 7,012 7,033
Reference price 2 122.90 95.15 110.10 90.45 80.90 74.10 74.10 74.10
Nbr of stocks (in thousands) 73,714 73,802 73,881 73,945 74,065 74,060 - -
Announcement Date 17/02/22 15/02/23 14/02/24 13/02/25 10/02/26 - - -
1EUR in Million2EUR
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
23.9x13.49x16.02x5.28% 16.1B
9.08x14.25x18.44x5.94% 7.08B
15.26x15.32x16.43x4.75% 7.03B
23.22x14.78x16.04x4.13% 6.62B
9.24x17.03x20.51x7.57% 6.33B
10.5x14.86x15.96x6.75% 6.1B
8.83x14.15x18.16x5.65% 6.03B
11.78x11.45x13.03x5.41% 4.94B
Average 13.98x 14.42x 16.82x 5.69% 7.53B
Weighted average by Cap. 15.67x 14.34x 16.79x 5.61%

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