Company Valuation: NEPI Rockcastle N.V.

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 3,556 3,455 3,974 4,959 5,332 5,434 - -
Change - -2.86% 15.05% 24.78% 7.52% 1.91% - -
Enterprise Value (EV) 1 5,351 5,805 6,204 7,478 8,033 8,453 8,836 9,109
Change - 8.49% 6.87% 20.54% 7.42% 5.23% 4.53% 3.09%
P/E - - - 8.07x 10.7x 9.02x 8.76x 7.74x
PBR 0.96x 0.88x 0.92x 0.96x 1.07x 1.05x 1x 0.96x
PEG - - - - -0.5x 0.4x 2.9x 0.6x
Capitalization / Revenue 10.3x 8.54x 8.09x 8.92x 8.63x 8.28x 7.72x 7.07x
EV / Revenue 15.4x 14.3x 12.6x 13.5x 13x 12.9x 12.5x 11.8x
EV / EBITDA 18.8x 14.7x 13.4x 14.2x 13.9x 14x 13.3x 11.9x
EV / EBIT 16.7x 10.8x 13.5x 14.2x 14x 13.8x 13.5x 13.1x
EV / FCF - - 35.7x 25.6x 31.6x 112x 26.9x 22.1x
FCF Yield - - 2.8% 3.91% 3.16% 0.89% 3.71% 4.53%
Dividend per Share 2 0.3442 0.5068 0.5128 0.5416 0.5583 0.5798 0.6142 0.6585
Rate of return 5.89% 8.93% 8.2% 7.67% 7.44% 7.55% 7.99% 8.57%
EPS 2 - - - 0.875 0.7014 0.8518 0.8776 0.992
Distribution rate - - - 61.9% 79.6% 68.1% 70% 66.4%
Net sales 1 346.9 404.6 491.2 555.9 618.1 656.5 704.3 769
EBITDA 1 284.9 395.5 462 527.5 576.7 603.3 665.6 763.8
EBIT 1 320.6 539.9 460.6 525.9 575.1 611.7 653 695.6
Net income 1 235 - 476.8 587.6 498.8 594.8 598.6 763.4
Net Debt 1 1,794 2,350 2,229 2,519 2,701 3,019 3,402 3,675
Reference price 2 5.840 5.673 6.251 7.059 7.503 7.683 7.683 7.683
Nbr of stocks (in thousands) 6,08,995 6,08,995 6,35,830 7,02,551 7,10,717 7,07,299 - -
Announcement Date 23/02/22 24/02/23 20/02/24 25/02/25 24/02/26 - - -
1EUR in Million2EUR
Estimates

P/E, Detailed evolution



P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
8.99x12.85x13.99x7.57% 608.09Cr
60.45x - - - 6.48TCr
12.53x4.39x11.26x3.84% 3.97TCr
18.95x4.08x16.42x1.29% 2.92TCr
5.7x0.76x1.57x8.68% 2.77TCr
8.25x1.49x8.35x4.29% 2.75TCr
14.28x3.13x14.99x2.45% 2.63TCr
10x1.96x8.06x4.2% 2.01TCr
8.29x2.95x6.89x-.--% 1.96TCr
13.34x6.46x16.98x1.63% 1.91TCr
Average 16.08x 4.23x 10.95x 3.77% 2.8TCr
Weighted average by Cap. 22.86x 3.42x 10.68x 3.6%

Y-o-Y evolution of P/E

Valuation ratios - P/E - NEPI Rockcastle N.V.

Historical PBR trend

Valuation ratios - PBR - NEPI Rockcastle N.V.

Evolution Enterprise Value / Sales

Valuation ratios - VE_REV - NEPI Rockcastle N.V.

Change in Enterprise Value/EBITDA

Valuation ratios - VE_EBITDA - NEPI Rockcastle N.V.


Year-on-year evolution of the Yield

Valuation ratios - Yield - NEPI Rockcastle N.V.
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