Company Valuation: LOG Commercial Properties e Participações S.A.

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 2,555 1,616 2,274 1,582 2,105 2,306 - -
Change - -36.76% 40.69% -30.41% 33.05% 9.54% - -
Enterprise Value (EV) 1 3,620 1,616 3,418 2,887 3,873 3,793 3,903 4,015
Change - -55.35% 111.49% -15.53% 34.15% -2.07% 2.9% 2.87%
P/E 7x 4.21x 11.8x 5x 5.95x 5.6x 5.77x 4.72x
PBR 0.77x - 0.61x - 0.58x 0.61x 0.58x 0.52x
PEG - 0.69x -0.2x 0.1x 0.5x 0.4x -1.97x 0.2x
Capitalization / Revenue 17.1x 7.44x 10.3x 7.2x 8.46x 9.12x 7.48x 6.19x
EV / Revenue 24.2x 7.44x 15.5x 13.1x 15.6x 15x 12.7x 10.8x
EV / EBITDA 30.2x 9.7x 20.7x 17.9x 18.1x 18.7x 15.6x 14.1x
EV / EBIT 30.5x 9.8x 21.2x 18.5x 18.7x 21.5x 16.8x 13.8x
EV / FCF 7.06x - -8.62x - -5.1x 2.51x 9.66x 9.37x
FCF Yield 14.2% - -11.6% - -19.6% 39.8% 10.4% 10.7%
Dividend per Share 2 0.87 - 0.7 - 3.959 1.376 1.295 1.54
Rate of return 3.44% - 3.07% - 16.4% 5.22% 4.91% 5.84%
EPS 2 3.612 3.831 1.925 3.603 4.07 4.709 4.571 5.585
Distribution rate 24.1% - 36.4% - 97.3% 29.2% 28.3% 27.6%
Net sales 1 149.4 217.2 220.2 219.7 248.8 253 308.3 372.4
EBITDA 1 119.7 166.6 165 161.7 213.8 202.9 250.4 285.4
EBIT 1 118.9 164.9 161 156.1 207.2 176.3 232 290
Net income 1 369 386.1 192.2 343.4 354.6 412.9 487.2 489.4
Net Debt 1 1,065 - 1,144 1,305 1,768 1,487 1,597 1,709
Reference price 2 25.29 16.12 22.80 18.01 24.20 26.38 26.38 26.38
Nbr of stocks (in thousands) 101,044 100,258 99,728 87,859 86,999 87,425 - -
Announcement Date 08/02/22 08/02/23 06/02/24 05/02/25 11/02/26 - - -
1BRL in Million2BRL
Estimates

P/E, Detailed evolution

P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
5.6x14.99x18.69x5.22% 455M
15.91x5x13.46x3.19% 45.28B
21.05x4.29x17.61x1.19% 31.01B
8.63x1.5x7.64x4.09% 30.36B
5.65x0.62x1.28x8.91% 27B
14.4x3.12x14.94x2.44% 25.69B
15.25x6.85x18.39x1.4% 21.48B
9.06x2.34x7.19x3.85% 21.36B
Average 11.94x 4.84x 12.40x 3.79% 25.33B
Weighted average by Cap. 13.23x 3.48x 11.66x 3.57%

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

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