Company Valuation: Gecina

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 9,059 7,022 8,134 6,688 5,992 5,373 - -
Change - -22.49% 15.83% -17.78% -10.41% -10.33% - -
Enterprise Value (EV) 1 15,957 14,199 14,334 13,188 12,746 12,039 12,385 12,406
Change - -11.02% 0.95% -7.99% -3.36% -5.54% 2.87% 0.17%
P/E 10.7x 41.4x -4.56x 21.7x 13.4x 9.05x 9.3x 8.74x
PBR 0.7x 0.55x 0.77x 0.64x 0.57x 0.51x 0.5x 0.49x
PEG - -0.5x 0x -0x 0.3x 0.3x -3.49x 1.36x
Capitalization / Revenue 14.8x 11.2x 12.2x 9.63x 8.41x 7.53x 7.37x 7.02x
EV / Revenue 26x 22.7x 21.5x 19x 17.9x 16.9x 17x 16.2x
EV / EBITDA 33.5x 28.6x 26.8x 23.3x 21.6x 20.3x 20.5x 19.5x
EV / EBIT 34.3x 28.9x 28.4x 23.8x 21.9x 20.5x 20.4x 19.5x
EV / FCF 23.6x 64.9x 99.2x 90.8x 47.4x 24.7x 32.7x 18.3x
FCF Yield 4.23% 1.54% 1.01% 1.1% 2.11% 4.05% 3.06% 5.47%
Dividend per Share 2 5.3 5.3 5.3 5.45 5.5 5.607 5.678 5.847
Rate of return 4.31% 5.57% 4.81% 6.03% 6.8% 7.73% 7.83% 8.06%
EPS 2 11.53 2.299 -24.15 4.175 6.028 8.015 7.802 8.303
Distribution rate 46% 231% -21.9% 131% 91.2% 70% 72.8% 70.4%
Net sales 1 613.3 625.9 666.8 694.5 712.6 713.7 729.4 765.5
EBITDA 1 476.4 496.5 535 565.7 589.7 592.6 604 634.9
EBIT 1 464.6 491.5 505.3 554 582.2 585.9 607.2 635.2
Net income 1 849.3 169.6 -1,787 309.8 448.2 423.4 687.5 768.9
Net Debt 1 6,898 7,177 6,200 6,500 6,754 6,666 7,012 7,033
Reference price 2 122.90 95.15 110.10 90.45 80.90 72.55 72.55 72.55
Nbr of stocks (in thousands) 73,714 73,802 73,881 73,945 74,065 74,060 - -
Announcement Date 17/02/22 15/02/23 14/02/24 13/02/25 10/02/26 - - -
1EUR in Million2EUR
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
9.05x16.87x20.32x7.73% 627.26Cr
23.71x13.52x15.8x5.25% 1.62TCr
8.59x14.02x18.1x6.12% 693.58Cr
23.42x14.95x16.3x4.11% 666.99Cr
12.36x14.71x15.68x5.17% 649.46Cr
10.51x14.87x15.96x6.75% 615.82Cr
8.69x14.03x18x5.74% 599.02Cr
13.1x12.47x13.33x5.28% 540.22Cr
19.75x10.31x13.07x6.13% 462.33Cr
Average 14.35x 13.97x 16.28x 5.81% 719.64Cr
Weighted average by Cap. 15.69x 14.02x 16.34x 5.71%

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