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 2,054 - -
Change - -36.76% 40.69% -30.41% 33.05% -2.46% - -
Enterprise Value (EV) 1 3,620 1,616 3,418 2,887 3,873 3,590 3,651 3,624
Change - -55.35% 111.49% -15.53% 34.15% -7.31% 1.68% -0.74%
P/E 7x 4.21x 11.8x 5x 5.95x 6.43x 6.05x 5.16x
PBR 0.77x - 0.61x - 0.58x 0.57x 0.52x 0.47x
PEG - 0.69x -0.2x 0.1x 0.5x -0.79x 0.95x 0.3x
Capitalization / Revenue 17.1x 7.44x 10.3x 7.2x 8.46x 8.43x 6.7x 5.49x
EV / Revenue 24.2x 7.44x 15.5x 13.1x 15.6x 14.7x 11.9x 9.69x
EV / EBITDA 30.2x 9.7x 20.7x 17.9x 18.1x 18.6x 14.8x 12.4x
EV / EBIT 30.5x 9.8x 21.2x 18.5x 18.7x 22.7x 15.7x 12.5x
EV / FCF 7.06x - -8.62x - -5.1x 2.35x 6.87x 8.46x
FCF Yield 14.2% - -11.6% - -19.6% 42.6% 14.6% 11.8%
Dividend per Share 2 0.87 - 0.7 - 3.959 1.376 1.295 1.36
Rate of return 3.44% - 3.07% - 16.4% 5.72% 5.38% 5.65%
EPS 2 3.612 3.831 1.925 3.603 4.07 3.74 3.978 4.663
Distribution rate 24.1% - 36.4% - 97.3% 36.8% 32.6% 29.2%
Net sales 1 149.4 217.2 220.2 219.7 248.8 243.5 306.7 373.8
EBITDA 1 119.7 166.6 165 161.7 213.8 193.5 246.5 291.2
EBIT 1 118.9 164.9 161 156.1 207.2 158 232 290
Net income 1 369 386.1 192.2 343.4 354.6 327 487.2 408.3
Net Debt 1 1,065 - 1,144 1,305 1,768 1,536 1,597 1,570
Reference price 2 25.29 16.12 22.80 18.01 24.20 24.06 24.06 24.06
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.($)
6.43x14.95x18.81x5.72% 405M
15.26x4.86x13.08x3.32% 43.43B
8.97x1.53x7.99x3.96% 31.01B
18.33x4.04x16.49x1.34% 27.94B
6.26x0.37x0.73x8.94% 26.9B
13.59x3.04x14.66x2.6% 24.61B
12.43x2.19x7.83x3.82% 21.45B
8.18x0.91x3.3x2.73% 20.93B
13.68x6.6x17.64x1.56% 19.77B
10.32x1.66x14.33x3.66% 18.8B
Average 11.35x 4.01x 11.49x 3.77% 23.52B
Weighted average by Cap. 12.16x 2.93x 10.71x 3.61%

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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