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 5,396 - -
Change - -22.49% 15.83% -17.78% -10.41% -9.95% - -
Enterprise Value (EV) 1 15,957 14,199 14,334 13,188 12,746 12,280 12,426 12,430
Change - -11.02% 0.95% -7.99% -3.36% -3.65% 1.19% 0.03%
P/E 10.7x 41.4x -4.56x 21.7x 13.4x 9.85x 9.25x 8.57x
PBR 0.7x 0.55x 0.77x 0.64x 0.57x 0.5x 0.49x 0.48x
PEG - -0.5x 0x -0x 0.3x 0.5x 1.45x 1.08x
Capitalization / Revenue 14.8x 11.2x 12.2x 9.63x 8.41x 7.5x 7.36x 7.03x
EV / Revenue 26x 22.7x 21.5x 19x 17.9x 17.1x 16.9x 16.2x
EV / EBITDA 33.5x 28.6x 26.8x 23.3x 21.6x 20.6x 20.4x 19.6x
EV / EBIT 34.3x 28.9x 28.4x 23.8x 21.9x 20.8x 20.3x 19.9x
EV / FCF 23.6x 64.9x 99.2x 90.8x 47.4x 25.2x 32.8x 18.3x
FCF Yield 4.23% 1.54% 1.01% 1.1% 2.11% 3.97% 3.05% 5.45%
Dividend per Share 2 5.3 5.3 5.3 5.45 5.5 5.654 5.741 5.804
Rate of return 4.31% 5.57% 4.81% 6.03% 6.8% 7.83% 7.95% 8.04%
EPS 2 11.53 2.299 -24.15 4.175 6.028 7.333 7.803 8.423
Distribution rate 46% 231% -21.9% 131% 91.2% 77.1% 73.6% 68.9%
Net sales 1 613.3 625.9 666.8 694.5 712.6 719.6 733.4 767.1
EBITDA 1 476.4 496.5 535 565.7 589.7 595.2 608.1 635.6
EBIT 1 464.6 491.5 505.3 554 582.2 591.6 611.8 624.4
Net income 1 849.3 169.6 -1,787 309.8 448.2 576 655.5 817.3
Net Debt 1 6,898 7,177 6,200 6,500 6,754 6,884 7,030 7,034
Reference price 2 122.90 95.15 110.10 90.45 80.90 72.20 72.20 72.20
Nbr of stocks (in thousands) 73,714 73,802 73,881 73,945 74,065 74,119 - -
Announcement Date 17/2/22 15/2/23 14/2/24 13/2/25 10/2/26 - - -
1EUR in Million2EUR
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
9.85x17x20.56x7.83% 6.12B
24.49x13.36x15.68x5.19% 16.02B
23.91x14.46x15.93x4.09% 6.75B
8.85x13.78x17.88x6.26% 6.67B
14.23x14.6x15.67x5.09% 6.48B
10.66x14.8x15.88x6.89% 5.93B
8.66x13.78x17.75x5.87% 5.79B
11.51x11.16x12.71x5.66% 4.69B
19.61x10.17x12.77x6.2% 4.56B
Average 14.64x 13.68x 16.09x 5.9% 7B
Weighted average by Cap. 16.22x 13.78x 16.19x 5.76%

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