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 2,137 - -
Change - 7.06% -7.57% 17.56% 4.68% 30.53% - -
Enterprise Value (EV) 1 2,062 2,197 2,201 2,239 2,465 2,910 2,708 2,137
Change - 6.54% 0.21% 1.72% 10.09% 18.05% -6.92% -21.1%
P/E 24.2x 14.3x 14.9x 16.9x 13.6x 21.4x 22.1x 24.6x
PBR 1.81x 1.72x 1.57x 1.64x 1.55x 1.59x 1.55x -
PEG - 0.2x -1.2x -3.04x 0.6x -0.9x -6.66x -2.48x
Capitalization / Revenue 8.65x 8.22x 6.74x 7.45x 6.23x 4.94x 3.74x 2.75x
EV / Revenue 13.3x 12.5x 11.2x 10.7x 9.38x 6.73x 4.74x 2.75x
EV / EBITDA 17.4x 16.2x 13.9x 13.2x 14.8x 14.7x 12.6x 8.27x
EV / EBIT 25.7x 22.2x 24.5x 24.2x 13.5x 30.4x 27.3x 17.7x
EV / FCF - - - - - - - -
FCF Yield - - - - - - - -
Dividend per Share 2 2.28 2.28 2.28 2.28 2.28 2.282 2.306 2.35
Rate of return 6.68% 6.42% 7.1% 6.6% 6.63% 5.47% 5.52% 5.63%
EPS 2 1.41 2.48 2.16 2.04 2.52 1.952 1.887 1.7
Distribution rate 162% 91.9% 106% 112% 90.5% 117% 122% 138%
Net sales 1 155.3 175.2 197.2 209.8 262.9 432.2 571.1 777.2
EBITDA 1 118.5 135.9 158.2 169.7 166.9 197.9 215 258.5
EBIT 1 80.17 99.08 89.96 92.44 183.1 95.85 99.21 120.5
Net income 1 55.4 99.44 89.15 90.36 117.3 98.22 103.8 133.6
Net Debt 1 717.6 757.5 871 675.2 827.8 772.7 571.5 -
Reference price 2 34.14 35.53 32.12 34.55 34.38 41.75 41.75 41.75
Nbr of stocks (in thousands) 39,374 40,505 41,412 45,261 47,614 51,181 - -
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 (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
21.39x6.73x14.7x5.47% 2.14B
83.25x13.39x35.41x1.3% 172B
158.15x8.55x23.57x2.16% 46.72B
67.53x8.58x14.98x5.46% 15.52B
25.49x17.55x16.21x5.34% 14.95B
95.79x4.04x23.37x1.77% 11.02B
28.66x18.97x20.05x3.63% 10.13B
-708.31x10.37x16.8x4.5% 7.39B
7.39x15.96x18.27x5.95% 6.71B
79.41x8x20.95x2.69% 5.33B
Average -14.13x 11.21x 20.43x 3.83% 29.16B
Weighted average by Cap. 67.70x 12.24x 29.17x 2.21%

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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