Company Valuation: Gecina

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 9,059 7,022 8,134 6,688 5,992 5,303 - -
Change - -22.49% 15.83% -17.78% -10.41% -11.5% - -
Enterprise Value (EV) 1 15,957 14,199 14,334 13,188 12,746 11,969 12,315 12,335
Change - -11.02% 0.95% -7.99% -3.36% -6.09% 2.89% 0.17%
P/E 10.7x 41.4x -4.56x 21.7x 13.4x 8.93x 9.18x 8.62x
PBR 0.7x 0.55x 0.77x 0.64x 0.57x 0.5x 0.49x 0.48x
PEG - -0.5x 0x -0x 0.3x 0.3x -3.44x 1.34x
Capitalization / Revenue 14.8x 11.2x 12.2x 9.63x 8.41x 7.43x 7.27x 6.93x
EV / Revenue 26x 22.7x 21.5x 19x 17.9x 16.8x 16.9x 16.1x
EV / EBITDA 33.5x 28.6x 26.8x 23.3x 21.6x 20.2x 20.4x 19.4x
EV / EBIT 34.3x 28.9x 28.4x 23.8x 21.9x 20.4x 20.3x 19.4x
EV / FCF 23.6x 64.9x 99.2x 90.8x 47.4x 24.6x 32.5x 18.2x
FCF Yield 4.23% 1.54% 1.01% 1.1% 2.11% 4.07% 3.08% 5.5%
Dividend per Share 2 5.3 5.3 5.3 5.45 5.5 5.607 5.678 5.847
Rate of return 4.31% 5.57% 4.81% 6.03% 6.8% 7.83% 7.93% 8.17%
EPS 2 11.53 2.299 -24.15 4.175 6.028 8.015 7.802 8.303
Distribution rate 46% 231% -21.9% 131% 91.2% 70% 72.8% 70.4%
Net sales 1 613.3 625.9 666.8 694.5 712.6 713.7 729.4 765.5
EBITDA 1 476.4 496.5 535 565.7 589.7 592.6 604 634.9
EBIT 1 464.6 491.5 505.3 554 582.2 585.9 607.2 635.2
Net income 1 849.3 169.6 -1,787 309.8 448.2 423.4 687.5 768.9
Net Debt 1 6,898 7,177 6,200 6,500 6,754 6,666 7,012 7,033
Reference price 2 122.90 95.15 110.10 90.45 80.90 71.60 71.60 71.60
Nbr of stocks (in thousands) 73,714 73,802 73,881 73,945 74,065 74,060 - -
Announcement Date 17/02/22 15/02/23 14/02/24 13/02/25 10/02/26 - - -
1EUR in Million2EUR
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
8.93x16.77x20.2x7.83% 6.19B
23.98x13.62x15.92x5.19% 16.41B
8.54x13.98x18.04x6.16% 6.9B
23.67x15.06x16.42x4.07% 6.74B
12.38x14.73x15.7x5.15% 6.46B
10.39x14.77x15.85x6.82% 6.09B
8.6x13.96x17.91x5.79% 5.94B
13.04x11.6x13.28x5.23% 5.34B
20.03x10.4x13.18x6.04% 4.69B
Average 14.40x 13.88x 16.28x 5.81% 7.2B
Weighted average by Cap. 15.83x 13.96x 16.35x 5.7%

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