Company Valuation: Accelerate Property Fund Limited

Data adjusted to current consolidation scope
Fiscal Period: March 2021 2022 2023 2024 2025 2026
Market Cap 1 672.4 1,006 1,231 622 915.9 1,391
Change - 49.56% 22.41% -49.47% 47.25% 51.87%
Enterprise Value (EV) 1 6,969 5,550 5,619 5,019 4,657 4,288
Change - -20.36% 1.25% -10.68% -7.21% -7.94%
P/E -0.92x 16.3x -1.82x -1x -0.69x -29.2x
PBR 0.11x 0.17x 0.23x 0.13x 0.25x 0.38x
PEG - -0x 0x 0.13x -0x 0.3x
Capitalization / Revenue 0.73x 1.06x 1.41x 0.76x 1.2x 2.05x
EV / Revenue 7.53x 5.86x 6.45x 6.13x 6.13x 6.32x
EV / EBITDA 13.5x 8.64x 11.3x 11.9x -24.6x 11x
EV / EBIT 13.7x 8.76x 11.5x 12.1x -24.1x 11.1x
EV / FCF 13.6x 23.8x -22.1x -7.07x 23.1x 10.6x
FCF Yield 7.34% 4.2% -4.52% -14.1% 4.34% 9.45%
Dividend per Share 2 - 0.2198 - - - -
Rate of return - 20.9% - - - -
EPS 2 -0.7395 0.0644 -0.5227 -0.4821 -0.7429 -0.0233
Distribution rate - 341% - - - -
Net sales 1 925.2 947.6 871.8 819.5 760.2 678.9
EBITDA 1 515.3 642.3 498.5 421.2 -189.6 388.2
EBIT 1 507.2 633.9 490.2 413.2 -193.1 385.4
Net income 1 -705.7 61.98 -601.3 -624.7 -1,270 -45.89
Net Debt 1 6,296 4,544 4,388 4,397 3,742 2,897
Reference price 2 0.6800 1.0500 0.9500 0.4800 0.5100 0.6800
Nbr of stocks (in thousands) 988,836 957,790 1,295,868 1,295,868 1,795,868 2,045,495
Announcement Date 30/06/21 29/06/22 19/07/23 19/07/24 08/08/25 30/07/26
1ZAR in Million2ZAR
Estimates


P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
- - - - 47.86M
38.39x18.29x23.22x3.32% 123B
30.6x13.85x17.62x4.48% 65.02B
35.8x14.47x14.94x6.03% 51.06B
17.75x15x17.09x1.16% 36.82B
16.07x25.01x27.38x3.57% 16.38B
25.99x10.48x14.44x4.83% 14.92B
7.92x11.67x14.3x6.3% 14.23B
17.95x16.04x23.31x5.37% 13.93B
28.77x11.06x16.14x4.24% 13.08B
Average 24.36x 15.10x 18.72x 4.37% 34.8B
Weighted average by Cap. 30.36x 15.90x 19.50x 4.02%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA


  1. Stock Market
  2. Stocks
  3. APF Stock
  4. Valuation Accelerate Property Fund Limited