Company Valuation: Five Point Holdings, LLC

Data adjusted to current consolidation scope
Fiscal Period: December 2020 2021 2022 2023 2024 2025
Market Cap 1 377.1 458.7 161 212.5 262.3 396.9
Change - 21.61% -64.9% 32.01% 23.41% 51.32%
Enterprise Value (EV) 1 809.4 901.9 728.6 553 430.2 489.4
Change - 11.43% -19.22% -24.09% -22.22% 13.77%
P/E -893x 72.9x -10.2x 4.01x 3.94x 5.84x
PBR 0.61x 0.72x 0.26x 0.31x 0.35x 0.47x
PEG - -0x 0x -0x 0.2x -30.78x
Capitalization / Revenue 2.46x 2.04x 3.77x 1x 1.1x 3.61x
EV / Revenue 5.27x 4.02x 17.1x 2.61x 1.81x 4.45x
EV / EBITDA -30.3x 30.8x -32.8x 12x 4.95x 341x
EV / EBIT -19.8x 276x -18.6x 21.1x 6.37x -66.8x
EV / FCF -6.47x -10.1x -4.75x 8.19x -8.27x -4.57x
FCF Yield -15.4% -9.89% -21% 12.2% -12.1% -21.9%
Dividend per Share 2 - - - - - -
Rate of return - - - - - -
EPS 2 -0.006112 0.0897 -0.2275 0.7648 0.9594 0.9576
Distribution rate - - - - - -
Net sales 1 153.6 224.4 42.69 211.7 237.9 110
EBITDA 1 -26.75 29.26 -22.2 46.1 86.91 1.434
EBIT 1 -40.9 3.273 -39.15 26.17 67.55 -7.321
Net income 1 -0.428 6.568 -15.4 55.39 68.3 70.97
Net Debt 1 432.2 443.2 567.6 340.5 167.9 92.53
Reference price 2 5.460 6.540 2.330 3.070 3.780 5.590
Nbr of stocks (in thousands) 69,075 70,131 69,092 69,224 69,382 70,994
Announcement Date 10/03/21 11/03/22 06/03/23 04/03/24 24/02/25 06/03/26
1USD in Million2USD
Estimates

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
- - - - 377M
21.07x4.29x17.6x1.19% 31.25B
5.74x0.67x1.37x8.7% 27.67B
14.27x3.1x14.88x2.46% 25.64B
15.33x6.87x18.44x1.4% 21.75B
32.18x15.26x49.41x1.28% 17.3B
7.4x1.64x5.3x2.98% 16.63B
9.53x28.06x - 2.31% 16.35B
27.06x11.07x26.73x3.71% 15.3B
Average 16.57x 8.87x 19.10x 3% 19.14B
Weighted average by Cap. 16.09x 7.57x 17.50x 3.13%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

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