Company Valuation: Secure Property Development & Investment Plc

Data adjusted to current consolidation scope
Fiscal Period: December 2020 2021 2022 2023 2024 2025
Market Cap 1 9.373 11.15 8.375 5.955 6.249 2.568
Change - 18.98% -24.9% -28.9% 4.93% -58.9%
Enterprise Value (EV) 1 12.65 12.02 9.729 6.788 6.63 3.218
Change - -4.98% -19.08% -30.23% -2.33% -51.46%
P/E -2.16x -23.5x -0.86x 0.98x -7.46x -0.51x
PBR 0.4x 0.48x 0.64x 0.32x 1x 3.04x
PEG - 0.3x -0x -0x 0x -0x
Capitalization / Revenue 11.8x 10.6x 7.38x 4.16x 4.88x 3.28x
EV / Revenue 15.9x 11.5x 8.57x 4.74x 5.18x 4.11x
EV / EBITDA -22x -34.1x -52.7x -162x 1,632x -5x
EV / EBIT -21.9x -33.9x -51.9x -160x 1,695x -5x
EV / FCF 1.59x 3.5x 0.44x -1.45x 0.48x 0.66x
FCF Yield 62.7% 28.5% 228% -68.7% 208% 151%
Dividend per Share 2 - - - - - -
Rate of return - - - - - -
EPS 2 -0.0336 -0.003677 -0.0752 0.047 -0.006487 -0.039
Distribution rate - - - - - -
Net sales 1 0.7957 1.047 1.135 1.431 1.28 0.7833
EBITDA 1 -0.5759 -0.353 -0.1845 -0.0418 0.004062 -0.6436
EBIT 1 -0.5781 -0.3545 -0.1873 -0.0425 0.003911 -0.6436
Net income 1 -4.34 -0.4748 -9.657 6.477 -0.8381 -4.443
Net Debt 1 3.279 0.87 1.354 0.8329 0.3809 0.6498
Reference price 2 0.072549 0.086320 0.064826 0.046095 0.048369 0.019881
Nbr of stocks (in thousands) 129,191 129,191 129,191 129,191 129,191 129,191
Announcement Date 30/6/21 30/6/22 30/6/23 28/6/24 30/6/25 30/6/26
1EUR in Million2EUR
Estimates

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
- - - - 870K
16x5.02x13.52x3.17% 45.53B
8.59x1.49x7.62x4.11% 30.19B
19.43x4.08x16.67x1.28% 29.4B
5.54x0.58x1.2x9.09% 26.47B
14.43x3.12x14.95x2.44% 26.35B
9.06x2.34x7.19x3.85% 21.35B
14.46x6.71x17.95x1.47% 20.88B
7.79x0.86x3.14x2.87% 19.93B
10.35x1.66x14.35x3.65% 18.86B
Average 11.74x 2.87x 10.73x 3.55% 23.9B
Weighted average by Cap. 12.27x 3.05x 10.98x 3.56%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

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