Company Valuation: Altarea

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 3,385 2,555 1,652 2,110 2,554 1,763 - -
Change - -24.52% -35.37% 27.76% 21.03% -30.97% - -
Enterprise Value (EV) 1 5,507 4,456 3,685 3,792 4,456 3,609 3,536 3,543
Change - -19.07% -17.31% 2.89% 17.52% -19% -2.04% 0.21%
P/E 14.6x 7.97x -3.54x 344x 296x 9.43x 7.48x 7.57x
PBR 1.51x - - - 1.52x 0.7x 0.7x 0.69x
PEG - 0.2x 0x -3x 9.2x 0x 0.3x -6.64x
Capitalization / Revenue 1.12x 0.85x 0.61x 0.86x 1.23x 0.78x 0.76x 0.73x
EV / Revenue 1.82x 1.48x 1.36x 1.54x 2.15x 1.59x 1.52x 1.46x
EV / EBITDA 12.5x 10.3x -10x 15.6x 23.7x 10.5x 8.09x 7.2x
EV / EBIT 15.9x 10.9x -7.74x 18.1x 29.4x 11.4x 9.2x 9.08x
EV / FCF 15.9x 13.6x 9.72x 10.5x -119x 14x 15.7x 15.9x
FCF Yield 6.27% 7.33% 10.3% 9.57% -0.84% 7.12% 6.36% 6.29%
Dividend per Share 2 9.75 10 8 8 8 8.5 9 10.36
Rate of return 5.82% 7.92% 10% 8.3% 7.3% 11.3% 11.9% 13.7%
EPS 2 11.49 15.83 -22.57 0.28 0.37 8.004 10.09 9.976
Distribution rate 84.9% 63.2% -35.4% 2,857% 2,162% 106% 89.2% 104%
Net sales 1 3,030 3,013 2,712 2,466 2,076 2,272 2,322 2,427
EBITDA 1 439.2 430.7 -366.7 243.8 188.2 344 437 492
EBIT 1 345.8 410.1 -476 209.4 151.7 316 384.2 390.1
Net income 1 211.6 326.8 -472.9 6.1 8.4 188 274 212
Net Debt 1 2,121 1,901 2,034 1,682 1,902 1,847 1,773 1,780
Reference price 2 167.60 126.20 80.00 96.40 109.60 75.50 75.50 75.50
Nbr of stocks (in thousands) 20,198 20,248 20,645 21,888 23,301 23,348 - -
Announcement Date 22/02/22 28/02/23 27/02/24 25/02/25 24/02/26 - - -
1EUR in Million2EUR
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
9.41x1.59x10.48x11.29% 1.98B
38.86x18.1x23.31x3.36% 121B
31.6x14.17x18.2x4.35% 66.97B
37.38x14.8x15.3x5.79% 53.14B
18.16x15.37x17.49x1.14% 37.95B
15.83x24.75x27.1x3.63% 16.32B
26.76x10.72x14.75x4.67% 15.43B
8.02x11.7x14.33x6.22% 14.39B
17.57x15.86x23.06x5.47% 13.7B
29.37x11.19x16.39x4.15% 13.37B
Average 23.30x 13.83x 18.04x 5.01% 35.44B
Weighted average by Cap. 30.87x 15.86x 19.61x 4.01%

Y-o-Y evolution of P/E

Valuation ratios - P/E - Altarea

Historical PBR trend

Valuation ratios - PBR - Altarea

Evolution Enterprise Value / Sales

Valuation ratios - VE_REV - Altarea

Change in Enterprise Value/EBITDA

Valuation ratios - VE_EBITDA - Altarea


Year-on-year evolution of the Yield

Valuation ratios - Yield - Altarea