Company Valuation: Public Storage

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 65,681 49,212 53,630 52,457 45,533 58,383 - -
Change - -25.07% 8.98% -2.19% -13.2% 28.22% - -
Enterprise Value (EV) 1 72,421 55,308 62,363 61,362 55,468 71,179 71,550 71,844
Change - -23.63% 12.76% -1.61% -9.61% 28.32% 0.52% 0.41%
P/E 37.9x 11.9x 27.6x 28.1x 28.8x 33.3x 31.7x 29.6x
PBR 7.04x 4.87x 5.35x 5.41x 4.92x 3.81x 4.9x 5.06x
PEG - 0x -0.5x -7.4x -1.9x 8.1x 6.08x 4.29x
Capitalization / Revenue 20.5x 11.8x 11.9x 11.2x 9.44x 11.5x 10.7x 10.5x
EV / Revenue 22.6x 13.2x 13.8x 13.1x 11.5x 14x 13.2x 12.9x
EV / EBITDA 30.3x 18.3x 19.1x 18.5x 16.4x 19.7x 18x 17.6x
EV / EBIT 43.1x 26x 27.2x 28.1x 24.8x 33.5x 28.4x 27.2x
EV / FCF - - - - - - - -
FCF Yield - - - - - - - -
Dividend per Share 2 8 21.15 12 12 12 12.02 12.31 12.66
Rate of return 2.14% 7.55% 3.93% 4.01% 4.62% 3.85% 3.94% 4.05%
EPS 2 9.87 23.5 11.06 10.64 9.01 9.38 9.87 10.55
Distribution rate 81.1% 90% 108% 113% 133% 128% 125% 120%
Net sales 1 3,204 4,182 4,518 4,696 4,824 5,081 5,432 5,561
EBITDA 1 2,394 3,015 3,263 3,315 3,388 3,607 3,978 4,082
EBIT 1 1,681 2,126 2,293 2,186 2,236 2,124 2,518 2,641
Net income 1 1,732 4,142 1,949 1,873 1,586 1,743 1,975 2,075
Net Debt 1 6,741 6,096 8,733 8,906 9,936 12,796 13,167 13,461
Reference price 2 374.56 280.19 305.00 299.44 259.50 312.47 312.47 312.47
Nbr of stocks (in thousands) 175,355 175,638 175,836 175,183 175,463 186,843 - -
Announcement Date 22/02/22 21/02/23 20/02/24 24/02/25 12/02/26 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
78.26x12.34x32.3x1.39% 166B
58.26x11.69x22.77x2.07% 98.61B
26.57x10.98x16.7x3.89% 85.66B
61.94x12.03x22.3x2.74% 66.41B
33.31x14.01x19.73x3.85% 58.38B
150.93x7.89x21.69x2.5% 42.75B
45.6x13.69x20.35x4.84% 37.43B
62.44x6.48x17.43x3.05% 34.34B
30.95x14.66x17.85x4.51% 30.54B
Average 60.92x 11.53x 21.24x 3.2% 68.9B
Weighted average by Cap. 61.79x 11.74x 23.39x 2.75%

Y-o-Y evolution of P/E

Valuation ratios - P/E - Public Storage

Historical PBR trend

Valuation ratios - PBR - Public Storage

Evolution Enterprise Value / Sales

Valuation ratios - VE_REV - Public Storage

Change in Enterprise Value/EBITDA

Valuation ratios - VE_EBITDA - Public Storage


Year-on-year evolution of the Yield

Valuation ratios - Yield - Public Storage