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 2,241 - -
Change - 7.06% -7.57% 17.56% 4.68% 36.89% - -
Enterprise Value (EV) 1 2,062 2,197 2,201 2,239 2,465 3,105 3,336 3,824
Change - 6.54% 0.21% 1.72% 10.09% 25.97% 7.45% 14.63%
P/E 24.2x 14.3x 14.9x 16.9x 13.6x 5.14x 22.8x 22.7x
PBR 1.81x 1.72x 1.57x 1.64x 1.55x 1.77x 1.49x 1.35x
PEG - 0.2x -1.2x -3.04x 0.6x 0x -0.3x 210.38x
Capitalization / Revenue 8.65x 8.22x 6.74x 7.45x 6.23x 5.22x 3.52x 2.68x
EV / Revenue 13.3x 12.5x 11.2x 10.7x 9.38x 7.23x 5.25x 4.58x
EV / EBITDA 17.4x 16.2x 13.9x 13.2x 14.8x 15.8x 15.5x 14.4x
EV / EBIT 25.7x 22.2x 24.5x 24.2x 13.5x 25.4x 27.9x 25.6x
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% 5.49% 5.59% 5.75%
EPS 2 1.41 2.48 2.16 2.04 2.52 8.09 1.826 1.828
Distribution rate 162% 91.9% 106% 112% 90.5% 28.2% 127% 131%
Net sales 1 155.3 175.2 197.2 209.8 262.9 429.6 635.8 835.9
EBITDA 1 118.5 135.9 158.2 169.7 166.9 196.4 215.9 264.7
EBIT 1 80.17 99.08 89.96 92.44 183.1 122.1 119.4 149.4
Net income 1 55.4 99.44 89.15 90.36 117.3 429.3 100.6 123.9
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 41.57 41.57 41.57
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.($)
5.14x7.23x15.81x5.49% 2.24B
81.97x13.13x35.41x1.32% 172B
169.2x8.56x23.53x2.26% 47.22B
50.08x7.87x14.01x5.84% 14.5B
18.78x16.75x15.21x5.74% 14.24B
93.01x4.65x25.17x1.8% 13B
25.96x16.87x18.71x3.94% 9.35B
-187.12x9.5x15.8x4.97% 6.61B
7.92x15.56x18.45x6.28% 6.44B
43.06x8.5x15.32x5.76% 5.33B
Average 30.80x 10.86x 19.74x 4.34% 29.09B
Weighted average by Cap. 81.08x 11.89x 29.09x 2.32%

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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