Valuation Hammerson Euronext Paris

Stocks

End-of-day quote Euronext Paris Other stock markets			5-day change	1st Jan Change
- ^PTS	-.--%		-.--%	-

16/07	Panmure Liberum raises Dunelm and cuts B&M	AN
15/07	Panmure Liberum Downgrades Hammerson to Hold, Lifts PT	MT

Data adjusted to current consolidation scope

Fiscal Period: December	2021	2022	2023	2024	2025	2026	2027	2028
Market Cap ¹	1,447	1,188	1,411	1,373	1,750	1,977	-	-
Change	-	-17.88%	18.77%	-2.73%	27.46%	13.03%	-	-
Enterprise Value (EV) ¹	3,266	2,920	2,738	2,172	3,119	3,372	3,402	3,420
Change	-	-10.59%	-6.26%	-20.67%	43.64%	8.1%	0.88%	0.54%
P/E	-3.35x	-7.21x	-28.4x	-2.64x	7.17x	10.8x	9x	8.73x
PBR	0.53x	0.45x	0.57x	0.76x	0.79x	0.89x	0.84x	0.8x
PEG	-	0.1x	0.4x	-0x	-0x	-0.4x	0.5x	2.88x
Capitalization / Revenue	5.99x	5.52x	6.77x	7.26x	7.58x	7.27x	6.87x	6.63x
EV / Revenue	13.5x	13.6x	13.1x	11.5x	13.5x	12.4x	11.8x	11.5x
EV / EBITDA	22.3x	17.5x	16.5x	15.9x	21.6x	18.8x	17.4x	16.6x
EV / EBIT	21.2x	18.3x	16.8x	16.2x	21.6x	19.3x	17.8x	17.3x
EV / FCF	-22.2x	88x	140x	-	142x	-115x	68x	67.4x
FCF Yield	-4.51%	1.14%	0.72%	-	0.7%	-0.87%	1.47%	1.48%
Dividend per Share ²	0.04	0.02	0.15	0.1563	0.165	0.1823	0.1947	0.1996
Rate of return	1.22%	0.84%	5.28%	5.59%	5%	4.89%	5.22%	5.35%
EPS ²	-0.98	-0.33	-0.1	-1.06	0.46	0.3459	0.4146	0.4272
Distribution rate	-4.08%	-6.06%	-150%	-14.7%	35.9%	52.7%	47%	46.7%
Net sales ¹	241.6	215.2	208.4	189	230.9	272.2	287.9	298.3
EBITDA ¹	146.4	166.4	166	136.9	144.2	179.2	195.8	205.5
EBIT ¹	154.3	159.4	163	133.8	144.6	174.6	190.7	198.2
Net income ¹	-429.1	-164.2	-51.4	-526.3	232.1	197.1	217.6	225.6
Net Debt ¹	1,819	1,732	1,326	799	1,370	1,395	1,424	1,443
Reference price ²	3.280	2.380	2.840	2.796	3.300	3.730	3.730	3.730
Nbr of stocks (in thousands)	4,41,130	4,99,228	4,96,906	4,90,939	5,30,184	5,30,161	-	-
Announcement Date	04/03/22	09/03/23	29/02/24	26/02/25	25/02/26	-	-	-

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 (N)	EV / Sales (N)	EV / EBITDA (N)	Dividend Yield (N)	Capi.($)
REALTY INCOME CORPORATION	41.99x	16.08x	16.66x	4.98%	6.13TCr
UNIBAIL-RODAMCO-WESTFIELD SE	9.39x	12.65x	15.79x	5.3%	1.71TCr
SEGRO PLC	12.27x	23.11x	27.22x	3.65%	1.63TCr
CAPITALAND INTEGRATED COMMERCIAL TRUST	20.41x	17.18x	25.18x	4.85%	1.52TCr
KLÉPIERRE	10.86x	13.69x	16.4x	5.19%	1.24TCr
FEDERAL REALTY INVESTMENT TRUST	32.53x	11.61x	18.32x	3.6%	1.09TCr
MERLIN PROPERTIES SOCIMI, S.A.	7.94x	22.45x	30.39x	2.81%	1.06TCr
CAPITALAND ASCENDAS REIT	16.07x	12.35x	19.29x	6.08%	971.02Cr
ALEXANDRIA REAL ESTATE EQUITIES, INC.	24.35x	7.28x	11.92x	5.74%	875.18Cr
Average	19.53x	15.15x	20.13x	4.69%	1.8TCr
Weighted average by Cap.	25.79x	15.77x	19.33x	4.76%