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 2,860 - -
Change - -29.43% 18.88% 78.47% -6.9% 6.26% - -
Enterprise Value (EV) 1 3,726 3,139 3,473 4,411 4,516 4,248 4,421 4,895
Change - -15.76% 10.64% 27.04% 2.36% -5.92% 4.08% 10.71%
P/E 84x -37.8x 85x 127x 205x 52.2x 70.1x 73.9x
PBR 1.28x 0.81x 0.99x 1.4x 1.21x 1.27x 1.33x -
PEG - 0x -1x -25.4x -4.3x 0x -2.7x -14.49x
Capitalization / Revenue 6.6x 4.18x 4.78x 8.04x 6.55x 7.52x 6.83x 5.53x
EV / Revenue 12.7x 9.62x 10.3x 12.3x 11x 11.2x 10.6x 9.46x
EV / EBITDA 24.3x 17.4x 16.4x 21.4x 19.1x 16.6x 16.2x 14.5x
EV / EBIT 124x 70.7x 70.8x 67.2x 91.4x 50x 46.1x 28.7x
EV / FCF 35.5x - - 93.6x - 122x 129x -
FCF Yield 2.82% - - 1.07% - 0.82% 0.78% -
Dividend per Share 2 0.6 0.72 0.72 0.74 0.8 0.808 0.8555 0.878
Rate of return 2.75% 5.02% 4.24% 3.06% 3.89% 3.77% 3.99% 4.1%
EPS 2 0.26 -0.38 0.2 0.19 0.1 0.4102 0.3056 0.29
Distribution rate 231% -189% 360% 389% 800% 197% 280% 303%
Net sales 1 292.5 326.3 338.7 359.7 410.8 380.1 418.9 517.3
EBITDA 1 153.5 180.3 212.2 206.3 236.7 256.6 273.6 338.7
EBIT 1 30.06 44.38 49.08 65.66 49.43 84.94 95.95 170.4
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 21.42 21.42 21.42
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 (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
51.96x11.14x16.5x3.79% 2.86B
34.79x15.33x19.83x4.01% 73.68B
30.6x11.49x16.03x4.15% 17.06B
32.38x11.86x17.86x3.81% 14.74B
26.41x10.23x15.04x4% 9.62B
39.91x15.68x18.92x4.14% 9.4B
22.93x14.27x15.69x5.17% 9.03B
12.12x17.38x19.11x4.68% 8.3B
-177.48x12.58x18.95x2.7% 7.58B
11.38x7.87x10.45x8.54% 6.58B
Average 8.50x 12.78x 16.84x 4.5% 15.88B
Weighted average by Cap. 21.26x 13.84x 18.13x 4.23%

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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