Company Valuation: Prime US REIT

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 975.4 479.1 285.4 223.7 283.2 156.7 - -
Change - -50.88% -40.43% -21.62% 26.58% -44.67% - -
Enterprise Value (EV) 1 1,591 1,133 970.2 833.6 890.2 806 823.4 828.2
Change - -28.76% -14.39% -14.08% 6.78% -9.45% 2.16% 0.58%
P/E 13.6x -17.7x -2.7x 27.6x 13x 4.54x 3.72x 3.64x
PBR 0.98x 0.54x 0.4x 0.31x 0.37x 0.2x 0.2x 0.19x
PEG - 0x -0x -0x 0x 0.1x 0.2x 1.67x
Capitalization / Revenue 6.22x 2.94x 1.79x 1.59x 2.12x 1.1x 1.01x 0.99x
EV / Revenue 10.1x 6.95x 6.07x 5.91x 6.68x 5.64x 5.32x 5.24x
EV / EBITDA 17.5x 13x 11.4x 12x 14.3x 11.4x 10.7x 10.5x
EV / EBIT 17.5x 13x 11.4x 12x 14.3x 11.4x 10.7x 10.5x
EV / FCF - - - - - - - -
FCF Yield - - - - - - - -
Dividend per Share 2 0.0616 0.0596 0.0246 0.0029 0.0061 0.0128 0.0172 0.019
Rate of return 8.12% 16.2% 11.3% 1.7% 3.1% 11.7% 15.7% 17.4%
EPS 2 0.0557 -0.0208 -0.0807 0.0062 0.0152 0.024 0.0293 0.03
Distribution rate 111% -286% -30.5% 46.8% 40.1% 53.3% 58.5% 63.4%
Net sales 1 156.7 163 159.8 141 133.3 142.8 154.8 158.1
EBITDA 1 90.93 87.24 84.96 69.32 62.16 70.41 77.25 79.05
EBIT 1 90.93 87.24 84.96 69.32 62.16 70.41 77.25 79.05
Net income 1 68.19 -26.92 -115.8 8.049 20.33 32.23 36.37 40.82
Net Debt 1 615.2 654.1 684.8 609.9 607 649.4 666.7 671.5
Reference price 2 0.7591 0.3682 0.2182 0.1710 0.1970 0.1090 0.1090 0.1090
Nbr of stocks (in thousands) 1,285,013 1,301,340 1,308,261 1,308,259 1,437,458 1,437,458 - -
Announcement Date 16/02/22 08/02/23 21/02/24 19/02/25 11/02/26 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution



P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
4.58x5.65x11.47x11.64% 158M
40.84x18.82x24.07x3.2% 127B
30.55x13.85x17.52x4.49% 64.92B
36.39x14.61x15.09x5.93% 51.87B
18.16x15.37x17.49x1.14% 37.85B
16.57x25.54x27.97x3.46% 16.91B
26.23x10.55x14.53x4.78% 15.06B
8.12x11.77x14.4x6.25% 14.26B
17.73x15.95x23.13x5.42% 13.8B
28.79x11.06x16.15x4.24% 13.09B
Average 22.80x 14.32x 18.18x 5.06% 35.49B
Weighted average by Cap. 31.44x 16.21x 19.91x 3.95%

Y-o-Y evolution of P/E

Valuation ratios - P/E - Prime US REIT

Historical PBR trend

Valuation ratios - PBR - Prime US REIT

Evolution Enterprise Value / Sales

Valuation ratios - VE_REV - Prime US REIT

Change in Enterprise Value/EBITDA

Valuation ratios - VE_EBITDA - Prime US REIT


Year-on-year evolution of the Yield

Valuation ratios - Yield - Prime US REIT
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