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 6,303 - -
Change - -23.94% 16.02% -2.96% 4.39% -5.5% - -
Enterprise Value (EV) 1 9,072 7,743 9,008 6,389 6,670 22,066 22,134 6,303
Change - -14.65% 16.34% -29.07% 4.39% 230.84% 0.31% -71.52%
P/E 16x 6.69x 19.6x 17.2x 15.7x 18.4x 13.2x 13x
PBR 1.22x - 1x 0.99x 0.98x 0.95x 0.98x 1.11x
PEG - 0.1x -0.3x 6.13x 3.45x -0.9x 0.3x 8.48x
Capitalization / Revenue 6.38x 3.87x 3.21x 3.28x 3.62x 2.95x 2.73x 2.47x
EV / Revenue 7.75x 5.29x 4.39x 3.28x 3.62x 10.3x 9.58x 2.47x
EV / EBITDA - - - - 4.64x 13.1x 11.8x -
EV / EBIT 50.1x 32.5x 5.52x 4.23x 4.93x 20x 17.6x -
EV / FCF - - - - - 33.9x 29.9x -
FCF Yield - - - - - 2.95% 3.35% -
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% 11.3% 11.3% 11.3%
EPS 2 1.52 2.74 1.07 1.1 1.15 0.926 1.292 1.312
Distribution rate 126% 70.1% 179% 175% 167% 207% 149% 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 1 447.7 871.5 339.2 359.9 411.5 346.6 474.2 504.5
Net Debt 1 1,611 2,068 2,424 - - 15,763 15,831 -
Reference price 2 24.30 18.33 21.02 18.95 18.01 17.00 17.00 17.00
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.($)
18.36x10.34x13.06x11.29% 6.3B
7.32x57.99x17.98x12.82% 16.86B
10.69x62.53x56.96x12.83% 12.88B
8.24x - - 10.73% 5.2B
23.92x45.93x16.83x11.01% 2.92B
29.19x - - 15.3% 2.87B
6.83x - - 17.34% 2.06B
6.39x - - 11.59% 1.7B
6.21x - - 18.39% 1.37B
19.69x - - 9.16% 1.28B
Average 13.68x 44.20x 26.21x 13.05% 5.35B
Weighted average by Cap. 11.82x 50.88x 29.98x 12.67%

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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