Company Valuation: EPR Properties

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 3,553 2,830 3,650 3,353 3,799 4,498 - -
Change - -20.34% 28.97% -8.12% 13.3% 18.38% - -
Enterprise Value (EV) 1 6,068 5,532 6,388 6,211 6,663 7,929 7,930 8,028
Change - -8.83% 15.47% -2.77% 7.29% 18.99% 0.01% 1.24%
P/E 47.5x 18.6x 24.6x 27.7x 15.2x 19.2x 19.1x 18.2x
PBR 1.36x 1.12x 1.49x 1.44x 1.63x 1.96x 1.98x 1.98x
PEG - 0x -8.32x -1.5x 0x -2.81x 24.39x 4x
Capitalization / Revenue 6.68x 4.3x 5.17x 4.8x 5.29x 5.76x 5.43x 5.22x
EV / Revenue 11.4x 8.41x 9.05x 8.9x 9.28x 10.2x 9.57x 9.31x
EV / EBITDA 14.8x 10.8x 11.5x 11.5x 11.9x 12.9x 12.1x 11.6x
EV / EBIT 28.1x 17.4x 17x 16.2x 15.6x 18.9x 17.9x 16.8x
EV / FCF - - - - - - - -
FCF Yield - - - - - - - -
Dividend per Share 2 1.5 3.25 3.3 3.4 3.52 3.698 3.79 3.886
Rate of return 3.16% 8.62% 6.81% 7.68% 7.05% 6.3% 6.46% 6.62%
EPS 2 1 2.03 1.97 1.6 3.28 3.056 3.08 3.22
Distribution rate 150% 160% 168% 213% 107% 121% 123% 121%
Net sales 1 531.7 658 705.7 698.1 718.4 781.2 828.7 862.2
EBITDA 1 409.7 513.1 557.4 540.2 559.6 616.2 653.1 691.4
EBIT 1 215.7 318.6 376.7 382.3 428 419.5 444.2 478.9
Net income 1 74.47 152.1 148.9 121.9 250.8 246.4 253.8 264.7
Net Debt 1 2,516 2,702 2,738 2,858 2,864 3,431 3,432 3,530
Reference price 2 47.49 37.72 48.45 44.28 49.90 58.71 58.71 58.71
Nbr of stocks (in thousands) 74,805 75,021 75,329 75,731 76,140 76,609 - -
Announcement Date 22/02/22 22/02/23 28/02/24 26/02/25 25/02/26 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
23.3x13.37x15.62x5.34% 15.94B
8.58x14.01x18.09x6.13% 6.89B
22.78x14.67x16x4.23% 6.49B
12.28x14.65x15.62x5.2% 6.45B
8.49x16.44x19.8x8.2% 5.88B
10.29x14.68x15.76x6.89% 6B
8.63x13.98x17.94x5.77% 5.92B
12.49x12.08x12.91x5.54% 5.14B
Average 13.36x 14.24x 16.47x 5.91% 7.34B
Weighted average by Cap. 15.07x 14.12x 16.38x 5.8%

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