Company Valuation: Multiplan Empreendimentos Imobiliarios S.A.

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 11,091 12,829 16,547 10,936 13,314 13,921 - -
Change - 15.67% 28.97% -33.91% 21.75% 4.56% - -
Enterprise Value (EV) 1 13,336 12,829 18,632 15,210 17,983 17,845 17,453 17,060
Change - -3.8% 45.23% -18.37% 18.23% -0.76% -2.2% -2.25%
P/E 24.8x 16.9x 16.4x 9.06x 11.8x 11.1x 10.6x 8.57x
PBR 1.64x - 2.46x 1.82x 2.12x 1.97x 1.81x 1.68x
PEG - 0.2x 0.5x 0.3x -11.07x 1x 2.09x 0.4x
Capitalization / Revenue 8.61x 7.14x 8.15x 4.3x 4.86x 5.02x 5.04x 4.79x
EV / Revenue 10.4x 7.14x 9.18x 5.98x 6.57x 6.44x 6.32x 5.87x
EV / EBITDA 16.4x 18.1x 12.4x 8.23x 8.98x 8.48x 8.25x 7.52x
EV / EBIT 21.8x 12x 13.7x 8.9x 9.64x 8.35x 8.93x 8.16x
EV / FCF 85.8x - 20x 18.5x 14.2x 15.2x 9.7x 8.97x
FCF Yield 1.17% - 5.01% 5.4% 7.05% 6.57% 10.3% 11.1%
Dividend per Share 2 0.4989 - - - - 1.037 1.578 2.334
Rate of return 2.67% - - - - 3.66% 5.56% 8.23%
EPS 2 0.7563 1.3 1.733 2.326 2.301 2.554 2.684 3.306
Distribution rate 66% - - - - 40.6% 58.8% 70.6%
Net sales 1 1,288 1,798 2,030 2,545 2,739 2,773 2,762 2,905
EBITDA 1 812.6 708.3 1,506 1,848 2,003 2,106 2,115 2,269
EBIT 1 611.5 1,069 1,358 1,710 1,866 2,138 1,955 2,091
Net income 1 453.1 769.3 1,020 1,341 1,141 1,214 1,303 1,539
Net Debt 1 2,245 - 2,086 4,275 4,668 3,924 3,532 3,139
Reference price 2 18.72 21.90 28.42 21.08 27.25 28.35 28.35 28.35
Nbr of stocks (in thousands) 592,477 585,816 582,219 518,764 488,602 491,047 - -
Announcement Date 10/02/22 09/02/23 08/02/24 06/02/25 05/02/26 - - -
1BRL in Million2BRL
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
11.1x6.44x8.48x3.66% 2.7B
13.45x15.12x15.71x5.14% 13.38B
18.89x14.7x18.04x1.31% 9.45B
53.56x16.02x27.35x0.17% 7.11B
25.61x12.18x17.01x1.43% 4.14B
128.65x15.61x23.68x2.29% 3.4B
14.63x5.89x7.95x12.81% 2.65B
9.59x6.71x10.88x1.92% 2.27B
Average 34.44x 11.58x 16.14x 3.59% 5.64B
Weighted average by Cap. 30.45x 13.45x 17.62x 3.2%

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. MULT3 Stock
  4. Valuation Multiplan Empreendimentos Imobiliarios S.A.