Company Valuation: PSP Swiss Property AG

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 5,215 4,977 5,394 5,912 6,582 6,600 - -
Change - -4.57% 8.39% 9.61% 11.33% 0.28% - -
Enterprise Value (EV) 1 8,200 8,041 8,718 9,240 9,906 9,844 9,835 9,845
Change - -1.94% 8.42% 5.99% 7.21% -0.63% -0.09% 0.11%
P/E 8.77x 15.1x 26x 15.8x 16.1x 18.3x 19.1x 19.3x
PBR 1.04x 0.96x 1.03x 1.09x 1.17x 1.13x 1.1x 1.07x
PEG - -0.3x -0.7x 0.2x 1.78x -1.6x -4.51x -20.73x
Capitalization / Revenue 16.8x 15.7x 16.3x 16.9x 18.8x 18.3x 18.2x 18.1x
EV / Revenue 26.5x 25.4x 26.3x 26.4x 28.4x 27.2x 27.1x 27.1x
EV / EBITDA 29.4x 27.4x 29.3x 30.3x 32.8x 29.8x 30.6x 30.8x
EV / EBIT 29.6x 27.5x 29.4x 30.4x 32.9x 30.4x 30.8x 31x
EV / FCF 42.6x 85.3x -114x 52.9x 53.9x 59x 59.8x 53.8x
FCF Yield 2.35% 1.17% -0.88% 1.89% 1.85% 1.69% 1.67% 1.86%
Dividend per Share 2 3.75 3.8 3.85 3.9 3.95 4.008 4.065 4.119
Rate of return 3.3% 3.5% 3.27% 3.03% 2.75% 2.79% 2.83% 2.86%
EPS 2 12.97 7.19 4.53 8.17 8.91 7.872 7.539 7.469
Distribution rate 28.9% 52.9% 85% 47.7% 44.3% 50.9% 53.9% 55.1%
Net sales 1 309.6 316.2 331.9 350 349.2 361.4 363.5 363.8
EBITDA 1 278.8 293.8 297.7 304.9 302 330 321 319.2
EBIT 1 277.4 292.5 296.6 304 300.9 324.3 319.1 317.2
Net income 1 595 330 207.6 374.9 408.5 334.6 321.1 314.8
Net Debt 1 2,985 3,065 3,324 3,328 3,324 3,243 3,234 3,245
Reference price 2 113.70 108.50 117.60 128.90 143.50 143.90 143.90 143.90
Nbr of stocks (in thousands) 45,868 45,868 45,868 45,868 45,868 45,868 - -
Announcement Date 22/02/22 21/02/23 27/02/24 25/02/25 24/02/26 - - -
1CHF in Million2CHF
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
18.28x27.24x29.83x2.79% 8.13B
15.26x4.86x13.08x3.32% 43.43B
9.2x1.55x8.11x3.86% 31.8B
18.41x4.03x16.47x1.34% 27.83B
6.32x0.39x0.76x8.87% 27.14B
13.53x3.03x14.64x2.61% 24.53B
8.79x2.26x6.96x3.97% 20.7B
8.09x0.9x3.26x2.76% 20.68B
13.65x6.6x17.63x1.56% 19.75B
10.54x1.67x14.47x3.58% 19.19B
Average 12.21x 5.25x 12.52x 3.47% 24.32B
Weighted average by Cap. 12.09x 3.73x 11.28x 3.58%

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. PSPN Stock
  4. Valuation PSP Swiss Property AG