Company Valuation: Acadia Realty Trust

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 1,931 1,363 1,620 2,891 2,691 2,999 - -
Change - -29.43% 18.88% 78.47% -6.9% 11.42% - -
Enterprise Value (EV) 1 3,726 3,139 3,473 4,411 4,516 4,387 4,560 5,034
Change - -15.76% 10.64% 27.04% 2.36% -2.85% 3.95% 10.38%
P/E 84x -37.8x 85x 127x 205x 56.4x 78.4x 83.2x
PBR 1.28x 0.81x 0.99x 1.4x 1.21x 1.33x 1.39x -
PEG - 0x -1x -25.4x -4.3x 0x -2.8x -14.47x
Capitalization / Revenue 6.6x 4.18x 4.78x 8.04x 6.55x 7.73x 6.87x 5.93x
EV / Revenue 12.7x 9.62x 10.3x 12.3x 11x 11.3x 10.4x 9.95x
EV / EBITDA 24.3x 17.4x 16.4x 21.4x 19.1x 17x 16.2x 15.4x
EV / EBIT 124x 70.7x 70.8x 67.2x 91.4x 42.3x 38.7x 29.5x
EV / FCF 35.5x - - 93.6x - 126x 133x -
FCF Yield 2.82% - - 1.07% - 0.79% 0.75% -
Dividend per Share 2 0.6 0.72 0.72 0.74 0.8 0.81 0.8536 0.8614
Rate of return 2.75% 5.02% 4.24% 3.06% 3.89% 3.61% 3.8% 3.84%
EPS 2 0.26 -0.38 0.2 0.19 0.1 0.3981 0.2865 0.27
Distribution rate 231% -189% 360% 389% 800% 203% 298% 319%
Net sales 1 292.5 326.3 338.7 359.7 410.8 387.8 436.4 505.7
EBITDA 1 153.5 180.3 212.2 206.3 236.7 257.3 280.7 326.2
EBIT 1 30.06 44.38 49.08 65.66 49.43 103.7 117.9 170.4
Net income 1 23.15 -35.44 19.87 21.65 16.9 56.34 44.06 42.2
Net Debt 1 1,795 1,776 1,853 1,520 1,824 1,388 1,562 2,035
Reference price 2 21.83 14.35 16.99 24.16 20.54 22.46 22.46 22.46
Nbr of stocks (in thousands) 88,454 94,957 95,341 119,655 131,035 133,517 - -
Announcement Date 15/02/22 14/02/23 13/02/24 11/02/25 10/02/26 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution

P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
56.41x11.31x17.05x3.61% 3B
35.81x15.46x19.88x3.95% 74.17B
31.71x11.75x16.52x4.02% 17.62B
33.5x12.23x18.28x3.68% 15.1B
15.7x11.26x16.35x6.38% 12.99B
27.72x10.55x15.55x3.81% 9.99B
41.75x16.31x19.57x3.93% 9.73B
24.2x14.78x16.26x4.9% 9.43B
12.06x17.14x18.85x4.71% 8.49B
-183.83x12.64x19.48x2.65% 7.71B
Average 9.51x 13.34x 17.78x 4.16% 16.82B
Weighted average by Cap. 21.93x 14.06x 18.51x 4.13%

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

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