Valuation The British Land Company PLC

Equities

Market Closed - London S.E. Other stock markets 20:35:15 23/01/2026 +04			5-day change	1st Jan Change
409.80 ^GBX	-0.24%		-0.10%	+1.49%

01:57pm	Jefferies raises Severn Trent; Davy cuts Weir	AN
01-21	British Land backs outlook amid office campus and retail park demand	AN

Data adjusted to current consolidation scope

Fiscal Period: March	2021	2022	2023	2024	2025	2026	2027	2028
Capitalization ¹	4,678	4,916	3,595	3,665	3,691	4,107	-	-
Change	-	5.09%	-26.87%	1.96%	0.69%	11.28%	-	-
Enterprise Value (EV) ¹	6,927	8,374	6,816	6,926	7,328	7,945	7,924	7,883
Change	-	20.89%	-18.6%	1.62%	5.8%	8.43%	-0.27%	-0.53%
P/E ratio	-4.54x	5.15x	-3.46x	-3,952x	10.6x	7.11x	7.06x	6.88x
PBR	0.79x	0.74x	0.66x	0.69x	0.65x	0.68x	0.64x	0.6x
PEG	-	-0x	0x	39.6x	-0x	0.1x	8.46x	2.7x
Capitalization / Revenue	9.21x	10x	7.29x	7.7x	7.63x	7.64x	7.23x	6.76x
EV / Revenue	13.6x	17.1x	13.8x	14.6x	15.1x	14.8x	14x	13x
EV / EBITDA	22.8x	23.7x	20.5x	20.9x	21.1x	19.2x	17.6x	16.3x
EV / EBIT	22.8x	23.7x	21x	21.4x	21.6x	18.9x	17.7x	16.3x
EV / FCF	-301x	-598x	220x	71.4x	136x	845x	58.4x	67.7x
FCF Yield	-0.33%	-0.17%	0.45%	1.4%	0.74%	0.12%	1.71%	1.48%
Dividend per Share ²	0.1504	0.2192	0.2264	0.228	0.228	0.2302	0.2443	0.2607
Rate of return	2.98%	4.13%	5.84%	5.77%	6.17%	5.6%	5.95%	6.35%
EPS ²	-1.112	1.03	-1.12	-0.001	0.35	0.5774	0.5822	0.597
Distribution rate	-13.5%	21.3%	-20.2%	-22,800%	65.1%	39.9%	42%	43.7%
Net sales ¹	508	490	493	476	484	537.7	567.8	607.5
EBITDA ¹	304	353	332	332	347	414.6	449.1	484.9
EBIT ¹	304	353	325	324	339	419.5	447.5	483.6
Net income ¹	-1,031	958	-1,038	-1	338	540.6	581.7	638.2
Net Debt ¹	2,249	3,458	3,221	3,261	3,637	3,838	3,817	3,775
Reference price ²	5.048	5.304	3.878	3.952	3.694	4.108	4.108	4.108
Nbr of stocks (in thousands)	926,708	926,843	927,061	927,490	999,154	999,847	-	-
Announcement Date	26/05/21	18/05/22	17/05/23	22/05/24	22/05/25	-	-	-

¹GBP in Million²GBP

Estimates

Add to a list 0 selected To use this feature you must be a member Log in Sign up	P/E (Y)	EV / Sales (Y)	EV / EBITDA (Y)	Dividend Yield (Y)	Capi.($)
THE BRITISH LAND COMPANY PLC	7.11x	14.78x	19.16x	5.6%	5.54B
W. P. CAREY INC.	32.75x	13.81x	17.56x	5.26%	15.02B
THE GPT GROUP	14.85x	16.75x	17.49x	4.39%	7.19B
GECINA	8.59x	17.12x	20.91x	7.26%	6.77B
LAND SECURITIES GROUP PLC	11.54x	13.63x	17.95x	6.43%	6.44B
LONDONMETRIC PROPERTY PLC	10.98x	16.04x	17.21x	6.23%	6.29B
ESSENTIAL PROPERTIES REALTY TRUST, INC.	23.78x	15.67x	17.31x	3.96%	6B
MIRVAC GROUP	15.52x	12.55x	14.07x	4.8%	5.42B
NOMURA REAL ESTATE MASTER FUND, INC.	27.27x	18.42x	27.99x	3.91%	5.01B
KDX REALTY INVESTMENT CORPORATION	20.9x	15.02x	24.33x	4.82%	4.36B
Average	17.33x	15.38x	19.40x	5.27%	6.8B
Weighted average by Cap.	19.02x	15.20x	18.92x	5.32%