Valuation Covivio

Stocks

Market Closed - Euronext Paris 16:55:00 28/08/2026 BST			5-day change	1st Jan Change
50.25 ^EUR	-0.20%		-2.52%	-11.30%

08-28	Listen to the yellow birds
08-10	Covivio: Underlying FFO lacking momentum

Data adjusted to current consolidation scope

Fiscal Period: December	2021	2022	2023	2024	2025	2026	2027	2028
Market Cap ¹	6,813	5,199	4,872	5,403	6,274	5,568	-	-
Change	-	-23.69%	-6.29%	10.89%	16.12%	-11.25%	-	-
Enterprise Value (EV) ¹	17,785	5,199	11,797	12,248	13,335	13,518	13,777	13,862
Change	-	-70.77%	126.9%	3.82%	8.88%	1.37%	1.92%	0.62%
P/E	7.37x	8.39x	-3.34x	76.5x	8.5x	9.88x	9.12x	7.95x
PBR	0.79x	0.55x	0.6x	0.66x	0.73x	0.58x	0.56x	0.54x
PEG	-	-0.3x	0x	-1x	0x	-0.4x	1.09x	0.5x
Capitalization / Revenue	11.5x	8.57x	7.91x	5.4x	9.88x	8.09x	7.71x	7.34x
EV / Revenue	29.9x	8.57x	19.2x	12.2x	21x	19.6x	19.1x	18.3x
EV / EBITDA	32.6x	9.73x	21.4x	20.9x	20.7x	20.7x	19.9x	19x
EV / EBIT	35.7x	10x	22.3x	21.4x	21.7x	16.3x	15.8x	14.9x
EV / FCF	-	-	-	-	-	-	-	-
FCF Yield	-	-	-	-	-	-	-	-
Dividend per Share ²	3.75	3.75	3.3	3.5	3.75	3.952	4.044	4.187
Rate of return	5.19%	6.76%	6.78%	7.18%	6.62%	7.86%	8.05%	8.33%
EPS ²	9.791	6.606	-14.55	0.637	6.667	5.086	5.512	6.321
Distribution rate	38.3%	56.8%	-22.7%	549%	56.2%	77.7%	73.4%	66.2%
Net sales ¹	594.6	606.8	615.6	1,000	634.8	688.5	721.9	758.1
EBITDA ¹	545.6	534.3	551	587	643	654.4	690.8	727.9
EBIT ¹	498	517.5	530	571.8	615.7	828.6	871.7	929.4
Net income ¹	923.6	620.7	-1,419	68.1	738.7	564.4	794.9	999.2
Net Debt ¹	10,972	-	6,925	6,845	7,061	7,950	8,209	8,295
Reference price ²	72.20	55.45	48.68	48.76	56.65	50.25	50.25	50.25
Nbr of stocks (in thousands)	94,369	93,764	100,084	110,805	110,750	110,804	-	-
Announcement Date	22/02/22	21/02/23	15/02/24	19/02/25	18/02/26	-	-	-

¹EUR in Million²EUR

Estimates

Add to a list 0 selected To use this feature you must be a member Log in Sign up	P/E (Y)	EV / Sales (Y)	EV / EBITDA (Y)	Dividend Yield (Y)	Capi.($)
COVIVIO	9.9x	19.65x	20.67x	7.85%	6.46B
REALTY INCOME CORPORATION	39.76x	15.77x	16.05x	5.28%	58.46B
SEGRO PLC	17x	23.62x	28.3x	3.39%	17.64B
UNIBAIL-RODAMCO-WESTFIELD SE	8.62x	12.27x	15.03x	5.56%	16.59B
CAPITALAND INTEGRATED COMMERCIAL TRUST	20.04x	16.76x	24.06x	5.05%	14.8B
KLÉPIERRE	9.96x	13.62x	16.19x	5.21%	12.57B
FEDERAL REALTY INVESTMENT TRUST	27.8x	10.95x	17.26x	3.9%	10.14B
MERLIN PROPERTIES SOCIMI, S.A.	8.04x	20.62x	27.9x	3.15%	9.71B
CAPITALAND ASCENDAS REIT	15x	12x	18.66x	6.2%	9.53B
ALEXANDRIA REAL ESTATE EQUITIES, INC.	35.77x	7.59x	12.21x	5.51%	8.99B
Average	19.19x	15.28x	19.63x	5.11%	16.49B
Weighted average by Cap.	24.73x	15.66x	18.88x	5.04%