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 57,931 - -
Change - -25.07% 8.98% -2.19% -13.2% 27.23% - -
Enterprise Value (EV) 1 72,421 55,308 62,363 61,362 55,468 69,450 71,303 71,583
Change - -23.63% 12.76% -1.61% -9.61% 25.21% 2.67% 0.39%
P/E 37.9x 11.9x 27.6x 28.1x 28.8x 32.5x 31.4x 29.4x
PBR 7.04x 4.87x 5.35x 5.41x 4.92x 3.78x 4.86x 5.02x
PEG - 0x -0.5x -7.4x -1.9x 5.59x 8.91x 4.26x
Capitalization / Revenue 20.5x 11.8x 11.9x 11.2x 9.44x 11.3x 10.5x 10.1x
EV / Revenue 22.6x 13.2x 13.8x 13.1x 11.5x 13.6x 12.9x 12.5x
EV / EBITDA 30.3x 18.3x 19.1x 18.5x 16.4x 19.2x 17.8x 17.4x
EV / EBIT 43.1x 26x 27.2x 28.1x 24.8x 31.3x 28.2x 27x
EV / FCF - - - - - - - -
FCF Yield - - - - - - - -
Dividend per Share 2 8 21.15 12 12 12 12 12.31 12.59
Rate of return 2.14% 7.55% 3.93% 4.01% 4.62% 3.87% 3.97% 4.06%
EPS 2 9.87 23.5 11.06 10.64 9.01 9.534 9.87 10.55
Distribution rate 81.1% 90% 108% 113% 133% 126% 125% 119%
Net sales 1 3,204 4,182 4,518 4,696 4,824 5,115 5,520 5,728
EBITDA 1 2,394 3,015 3,263 3,315 3,388 3,611 3,996 4,122
EBIT 1 1,681 2,126 2,293 2,186 2,236 2,219 2,531 2,656
Net income 1 1,732 4,142 1,949 1,873 1,586 1,711 1,932 2,042
Net Debt 1 6,741 6,096 8,733 8,906 9,936 11,519 13,372 13,652
Reference price 2 374.56 280.19 305.00 299.44 259.50 310.05 310.05 310.05
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.($)
75.34x12.37x33.47x1.36% 167B
58.74x11.77x22.93x2.05% 99.43B
26.37x10.97x16.65x3.88% 85.22B
62.2x12.07x22.37x2.72% 66.69B
32.52x13.58x19.23x3.87% 57.93B
133.45x7.79x21.5x2.57% 42.87B
45.53x13.67x20.33x4.84% 37.38B
62.61x6.49x17.47x3.04% 34.44B
31.18x14.91x18.68x4.5% 30.58B
Average 58.66x 11.51x 21.40x 3.2% 69.02B
Weighted average by Cap. 59.90x 11.73x 23.72x 2.74%

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