Company Valuation: Starwood Property Trust, Inc.

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 7,461 5,675 6,584 6,389 6,670 6,336 - -
Change - -23.94% 16.02% -2.96% 4.39% -5% - -
Enterprise Value (EV) 1 9,072 7,743 9,008 6,389 6,670 22,395 22,404 6,336
Change - -14.65% 16.34% -29.07% 4.39% 235.77% 0.04% -71.72%
P/E 16x 6.69x 19.6x 17.2x 15.7x 18.1x 13.1x 13x
PBR 1.22x - 1x 0.99x 0.98x 0.97x 1.01x 1.12x
PEG - 0.1x -0.3x 6.13x 3.45x -1x 0.3x 13.76x
Capitalization / Revenue 6.38x 3.87x 3.21x 3.28x 3.62x 2.97x 2.74x 2.48x
EV / Revenue 7.75x 5.29x 4.39x 3.28x 3.62x 10.5x 9.7x 2.48x
EV / EBITDA - - - - 4.64x 13.3x 11.9x -
EV / EBIT 50.1x 32.5x 5.52x 4.23x 4.93x 20.3x 17.8x -
EV / FCF - - - - - 34.4x 30.2x -
FCF Yield - - - - - 2.9% 3.31% -
Dividend per Share 2 1.92 1.92 1.92 1.92 1.92 1.92 1.92 1.92
Rate of return 7.9% 10.5% 9.13% 10.1% 10.7% 11.2% 11.2% 11.2%
EPS 2 1.52 2.74 1.07 1.1 1.15 0.9428 1.3 1.312
Distribution rate 126% 70.1% 179% 175% 167% 204% 148% 146%
Net sales 1 1,170 1,465 2,050 1,947 1,844 2,133 2,310 2,552
EBITDA 1 - - - - 1,439 1,690 1,880 -
EBIT 1 181 238.4 1,631 1,511 1,354 1,102 1,261 -
Net income 1 447.7 871.5 339.2 359.9 411.5 349.8 472.9 504.5
Net Debt 1 1,611 2,068 2,424 - - 16,059 16,068 -
Reference price 2 24.30 18.33 21.02 18.95 18.01 17.09 17.09 17.09
Nbr of stocks (in thousands) 307,018 309,584 313,226 337,159 370,331 370,749 - -
Announcement Date 25/02/22 01/03/23 22/02/24 27/02/25 25/02/26 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
18.13x10.5x13.25x11.23% 6.34B
7.86x56.75x17.69x12.6% 17.16B
11.24x63.92x56.85x12.6% 13.12B
8.34x - - 10.6% 5.26B
21.85x45.98x16.85x10.81% 2.98B
29.63x - - 15.08% 2.91B
7.04x - - 16.82% 2.12B
6.47x - - 11.45% 1.72B
8.68x - - 18.88% 1.4B
24.88x - - 38.43% 919M
Average 14.41x 44.29x 26.16x 15.85% 5.39B
Weighted average by Cap. 12.12x 50.91x 29.90x 13.01%

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

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