Company Valuation: Grand Vision Properties REIT

Data adjusted to current consolidation scope
Fiscal Period: December 2020 2021 2022 2023 2024 2025
Market Cap 1 51.48 45.02 51.71 53.86 57.2 60.39
Change - -12.54% 14.84% 4.17% 6.2% 5.57%
Enterprise Value (EV) 1 51.47 45.02 51.45 53.85 57.2 60.38
Change - -12.54% 14.28% 4.66% 6.22% 5.57%
P/E 725x 238x 93.3x 258x 31.1x 114x
PBR 1.16x 1.01x 1.15x 1.19x 1.21x 1.27x
PEG - 1x 0x -4.1x 0x -1.6x
Capitalization / Revenue 560x 489x 533x 718x 880x 60x
EV / Revenue 559x 489x 530x 718x 880x 60x
EV / EBITDA - - - - - -
EV / EBIT -189x -197x -459x -87.4x -126x 114x
EV / FCF 559x 1,041x 159x 222x 328x 91.6x
FCF Yield 0.18% 0.1% 0.63% 0.45% 0.3% 1.09%
Dividend per Share 2 - - - - - -
Rate of return - - - - - -
EPS 2 0.0659 0.1755 0.5143 0.194 1.703 0.4921
Distribution rate - - - - - -
Net sales 1 0.092 0.092 0.097 0.075 0.065 1.007
EBITDA - - - - - -
EBIT 1 -0.273 -0.229 -0.112 -0.616 -0.455 0.53
Net income 1 0.071 0.189 0.554 0.209 1.834 0.53
Net Debt 1 -0.006 -0.004 -0.255 -0.013 -0.003 -0.002
Reference price 2 47.80 41.80 48.00 50.00 53.00 56.00
Nbr of stocks (in thousands) 1,077 1,077 1,077 1,077 1,077 1,077
Announcement Date 10/05/21 28/03/22 05/05/23 29/03/24 31/03/25 30/03/26
1BGN in Million2BGN
Estimates

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
- - - - 36.93M
49.6x10.12x16.17x4.42% 23.87B
49.45x12.7x19.35x3.66% 18.19B
32.38x8.76x16.75x4.05% 17.54B
35.76x9.4x16.68x4.68% 15.21B
-87.87x8.83x19.62x3.67% 14.78B
31.54x10.07x20.61x3.33% 12.59B
36.52x9.04x16.97x3.92% 12.1B
37.06x10.46x16.75x4.67% 11.96B
92.25x9.53x17.1x3.92% 11.1B
Average 30.74x 9.88x 17.78x 4.04% 13.74B
Weighted average by Cap. 30.60x 9.95x 17.70x 4.06%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

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