Company Valuation: LTC Properties, Inc.

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 1,344 1,439 1,330 1,564 1,637 2,173 - -
Change - 7.06% -7.57% 17.56% 4.68% 32.77% - -
Enterprise Value (EV) 1 2,062 2,197 2,201 2,239 2,465 3,037 3,269 3,757
Change - 6.54% 0.21% 1.72% 10.09% 23.23% 7.62% 14.94%
P/E 24.2x 14.3x 14.9x 16.9x 13.6x 19.9x 22.4x 22.9x
PBR 1.81x 1.72x 1.57x 1.64x 1.55x 1.72x 1.44x 1.31x
PEG - 0.2x -1.2x -3.04x 0.6x -1x -2.1x -9.78x
Capitalization / Revenue 8.65x 8.22x 6.74x 7.45x 6.23x 5.24x 3.56x 2.7x
EV / Revenue 13.3x 12.5x 11.2x 10.7x 9.38x 7.32x 5.35x 4.66x
EV / EBITDA 17.4x 16.2x 13.9x 13.2x 14.8x 15.4x 15x 14.2x
EV / EBIT 25.7x 22.2x 24.5x 24.2x 13.5x 24.9x 28.1x 26.2x
EV / FCF - - - - - - - -
FCF Yield - - - - - - - -
Dividend per Share 2 2.28 2.28 2.28 2.28 2.28 2.282 2.323 2.388
Rate of return 6.68% 6.42% 7.1% 6.6% 6.63% 5.66% 5.76% 5.92%
EPS 2 1.41 2.48 2.16 2.04 2.52 2.023 1.802 1.76
Distribution rate 162% 91.9% 106% 112% 90.5% 113% 129% 136%
Net sales 1 155.3 175.2 197.2 209.8 262.9 414.7 610.8 805.6
EBITDA 1 118.5 135.9 158.2 169.7 166.9 197.4 217.2 264.5
EBIT 1 80.17 99.08 89.96 92.44 183.1 122.1 116.5 143.6
Net income 1 55.4 99.44 89.15 90.36 117.3 103.8 98.88 118.6
Net Debt 1 717.6 757.5 871 675.2 827.8 863.9 1,095 1,584
Reference price 2 34.14 35.53 32.12 34.55 34.38 40.32 40.32 40.32
Nbr of stocks (in thousands) 39,374 40,505 41,412 45,261 47,614 53,906 - -
Announcement Date 17/02/22 16/02/23 15/02/24 24/02/25 24/02/26 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
19.93x7.32x15.39x5.66% 217.35Cr
82.23x13.07x35.14x1.33% 17TCr
164.37x8.5x23.42x2.28% 4.68TCr
49.75x7.83x13.96x5.9% 1.44TCr
18.7x16.52x14.91x5.9% 1.39TCr
91.36x4.57x24.72x1.83% 1.28TCr
25.65x17.7x18.47x4.01% 920.36Cr
7.78x15.42x17.94x6.16% 658.26Cr
-192.46x9.44x15.93x5.04% 652.54Cr
39.44x8.45x15.17x5.89% 520.89Cr
Average 30.67x 10.88x 19.51x 4.4% 2.88TCr
Weighted average by Cap. 80.32x 11.85x 28.87x 2.35%

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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  4. Valuation LTC Properties, Inc.