Valuation Unibail-Rodamco Euronext Amsterdam

Stocks

Delayed Euronext Amsterdam			5-day change	1st Jan Change
- ^EUR	-.--%		+0.18%	-9.52%

28/08	Listen to the yellow birds
24/08	Wall Street's Three-Way Stress Test

Data adjusted to current consolidation scope

Fiscal Period: December	2021	2022	2023	2024	2025	2026	2027	2028
Market Cap ¹	8,540	6,748	9,305	10,372	13,296	13,699	-	-
Change	-	-20.98%	37.88%	11.47%	28.19%	3.03%	-	-
Enterprise Value (EV) ¹	34,485	29,720	31,279	32,540	31,796	33,332	33,497	33,372
Change	-	-13.82%	5.24%	4.03%	-2.29%	4.83%	0.49%	-0.37%
P/E	-8.78x	38x	-5.71x	69.9x	10.6x	8.24x	7.77x	7.51x
PBR	0.5x	0.35x	0.54x	0.6x	0.77x	0.79x	0.74x	0.69x
PEG	-	-0x	0x	-1x	0x	0.3x	1.29x	2.14x
Capitalization / Revenue	4.66x	3.02x	4.01x	4.27x	5.71x	4.95x	4.84x	4.64x
EV / Revenue	18.8x	13.3x	13.5x	13.4x	13.7x	12x	11.8x	11.3x
EV / EBITDA	20.9x	13.5x	14.2x	13.8x	13.9x	14.7x	14.4x	13.6x
EV / EBIT	21x	13.8x	14.6x	14.1x	14.2x	15.1x	15.4x	14.3x
EV / FCF	42x	19.4x	35.7x	36.9x	27.6x	22.2x	24.9x	16.8x
FCF Yield	2.38%	5.15%	2.8%	2.71%	3.62%	4.5%	4.02%	5.94%
Dividend per Share ²	-	-	2.5	3.5	4.5	5.517	6.071	6.422
Rate of return	-	-	3.74%	4.81%	4.85%	5.82%	6.4%	6.77%
EPS ²	-7.02	1.28	-11.72	1.04	8.72	11.51	12.2	12.63
Distribution rate	-	-	-21.3%	337%	51.6%	47.9%	49.8%	50.8%
Net sales ¹	1,833	2,231	2,322	2,427	2,328	2,769	2,828	2,950
EBITDA ¹	1,650	2,209	2,199	2,352	2,284	2,260	2,332	2,463
EBIT ¹	1,641	2,152	2,148	2,311	2,241	2,205	2,176	2,329
Net income ¹	-972.1	178.2	-1,629	146.2	1,268	1,770	1,840	2,109
Net Debt ¹	25,945	22,972	21,974	22,168	18,500	19,633	19,798	19,673
Reference price ²	61.62	48.63	66.92	72.72	92.76	94.82	94.82	94.82
Nbr of stocks (in thousands)	1,38,594	1,38,767	1,39,041	1,42,625	1,43,334	1,44,473	-	-
Announcement Date	10/02/22	08/02/23	08/02/24	13/02/25	12/02/26	-	-	-

¹EUR in Million²EUR

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.($)
REALTY INCOME CORPORATION	39.77x	15.57x	15.91x	5.35%	5.76TCr
SEGRO PLC	16.7x	23.4x	28.04x	3.45%	1.74TCr
UNIBAIL-RODAMCO-WESTFIELD SE	8.24x	12.04x	14.75x	5.82%	1.59TCr
CAPITALAND INTEGRATED COMMERCIAL TRUST	18.38x	16.61x	23.86x	5.14%	1.47TCr
KLÉPIERRE	9.77x	13.46x	16x	5.31%	1.24TCr
FEDERAL REALTY INVESTMENT TRUST	27.65x	10.98x	17.26x	3.9%	1.02TCr
MERLIN PROPERTIES SOCIMI, S.A.	7.7x	20.2x	27.33x	3.22%	945.55Cr
CAPITALAND ASCENDAS REIT	14.57x	11.79x	18.33x	6.38%	936.07Cr
ALEXANDRIA REAL ESTATE EQUITIES, INC.	34.73x	7.49x	12.04x	5.67%	884.65Cr
Average	19.72x	14.62x	19.28x	4.92%	1.73TCr
Weighted average by Cap.	25.03x	15.31x	18.61x	5.02%