Company Valuation: LTC Properties, Inc.

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 1,344 1,439 1,330 1,564 1,637 2,190 - -
Change - 7.06% -7.57% 17.56% 4.68% 33.76% - -
Enterprise Value (EV) 1 2,062 2,197 2,201 2,239 2,465 3,054 3,285 3,773
Change - 6.54% 0.21% 1.72% 10.09% 23.89% 7.58% 14.86%
P/E 24.2x 14.3x 14.9x 16.9x 13.6x 20.1x 22.5x 23.1x
PBR 1.81x 1.72x 1.57x 1.64x 1.55x 1.73x 1.45x 1.32x
PEG - 0.2x -1.2x -3.04x 0.6x -1x -2.1x -9.87x
Capitalization / Revenue 8.65x 8.22x 6.74x 7.45x 6.23x 5.28x 3.58x 2.72x
EV / Revenue 13.3x 12.5x 11.2x 10.7x 9.38x 7.36x 5.38x 4.68x
EV / EBITDA 17.4x 16.2x 13.9x 13.2x 14.8x 15.5x 15.1x 14.3x
EV / EBIT 25.7x 22.2x 24.5x 24.2x 13.5x 25x 28.2x 26.3x
EV / FCF - - - - - - - -
FCF Yield - - - - - - - -
Dividend per Share 2 2.28 2.28 2.28 2.28 2.28 2.282 2.323 2.388
Rate of return 6.68% 6.42% 7.1% 6.6% 6.63% 5.62% 5.72% 5.88%
EPS 2 1.41 2.48 2.16 2.04 2.52 2.023 1.802 1.76
Distribution rate 162% 91.9% 106% 112% 90.5% 113% 129% 136%
Net sales 1 155.3 175.2 197.2 209.8 262.9 414.7 610.8 805.6
EBITDA 1 118.5 135.9 158.2 169.7 166.9 197.4 217.2 264.5
EBIT 1 80.17 99.08 89.96 92.44 183.1 122.1 116.5 143.6
Net income 1 55.4 99.44 89.15 90.36 117.3 103.8 98.88 118.6
Net Debt 1 717.6 757.5 871 675.2 827.8 863.9 1,095 1,584
Reference price 2 34.14 35.53 32.12 34.55 34.38 40.62 40.62 40.62
Nbr of stocks (in thousands) 39,374 40,505 41,412 45,261 47,614 53,906 - -
Announcement Date 17/02/22 16/02/23 15/02/24 24/02/25 24/02/26 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
20.08x7.36x15.47x5.62% 2.19B
82.87x13.16x35.39x1.32% 172B
165.52x8.55x23.55x2.26% 47.09B
45.57x7.74x13.83x5.86% 14.45B
18.81x16.59x14.98x5.87% 13.94B
91.89x4.6x24.87x1.82% 12.84B
25.7x17.74x18.51x4% 9.22B
7.83x15.47x18x6.12% 6.62B
-191.95x9.43x15.91x5.06% 6.51B
39.87x8.51x15.28x5.83% 5.27B
Average 30.62x 10.91x 19.58x 4.38% 28.97B
Weighted average by Cap. 80.80x 11.91x 29.05x 2.33%

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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