Company Valuation: Public Storage

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 65,681 49,212 53,630 52,457 45,533 63,620 - -
Change - -25.07% 8.98% -2.19% -13.2% 39.72% - -
Enterprise Value (EV) 1 72,421 55,308 62,363 61,362 55,468 75,341 77,119 77,369
Change - -23.63% 12.76% -1.61% -9.61% 35.83% 2.36% 0.32%
P/E 37.9x 11.9x 27.6x 28.1x 28.8x 35.9x 34.9x 33.1x
PBR 7.04x 4.87x 5.35x 5.41x 4.92x 4.16x 5.34x 5.51x
PEG - 0x -0.5x -7.4x -1.9x 7x 11.32x 6.04x
Capitalization / Revenue 20.5x 11.8x 11.9x 11.2x 9.44x 12.4x 11.5x 11.1x
EV / Revenue 22.6x 13.2x 13.8x 13.1x 11.5x 14.7x 14x 13.5x
EV / EBITDA 30.3x 18.3x 19.1x 18.5x 16.4x 20.8x 19.3x 18.6x
EV / EBIT 43.1x 26x 27.2x 28.1x 24.8x 33.6x 32.5x 31.2x
EV / FCF - - - - - - - -
FCF Yield - - - - - - - -
Dividend per Share 2 8 21.15 12 12 12 12.01 12.37 12.69
Rate of return 2.14% 7.55% 3.93% 4.01% 4.62% 3.53% 3.63% 3.73%
EPS 2 9.87 23.5 11.06 10.64 9.01 9.472 9.764 10.3
Distribution rate 81.1% 90% 108% 113% 133% 127% 127% 123%
Net sales 1 3,204 4,182 4,518 4,696 4,824 5,115 5,520 5,728
EBITDA 1 2,394 3,015 3,263 3,315 3,388 3,620 3,998 4,151
EBIT 1 1,681 2,126 2,293 2,186 2,236 2,244 2,370 2,482
Net income 1 1,732 4,142 1,949 1,873 1,586 1,694 1,844 1,928
Net Debt 1 6,741 6,096 8,733 8,906 9,936 11,721 13,499 13,749
Reference price 2 374.56 280.19 305.00 299.44 259.50 340.50 340.50 340.50
Nbr of stocks (in thousands) 175,355 175,638 175,836 175,183 175,463 186,843 - -
Announcement Date 22/2/22 21/2/23 20/2/24 24/2/25 12/2/26 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
82.37x13.32x35.81x1.29% 180B
55.07x11.72x22.83x2.07% 98.73B
27.85x11.4x17.29x3.68% 89.97B
63.03x11.77x22.34x2.79% 66.08B
35.95x14.69x20.71x3.53% 63.62B
166.97x8.42x23.32x2.34% 47.09B
47.2x14x20.82x4.67% 38.7B
57.11x6.11x16.45x3.34% 31.41B
34.53x15.74x19.16x4.05% 33.42B
Average 63.34x 11.91x 22.08x 3.08% 72.12B
Weighted average by Cap. 64.50x 12.25x 24.82x 2.63%

Y-o-Y evolution of P/E

Valuation ratios - P/E - Public Storage

Historical PBR trend

Valuation ratios - PBR - Public Storage

Evolution Enterprise Value / Sales

Valuation ratios - VE_REV - Public Storage

Change in Enterprise Value/EBITDA

Valuation ratios - VE_EBITDA - Public Storage


Year-on-year evolution of the Yield

Valuation ratios - Yield - Public Storage