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 2,463 - -
Change - -36.76% 40.69% -30.41% 33.05% 16.97% - -
Enterprise Value (EV) 1 3,620 1,616 3,418 2,887 3,873 3,998 4,046 4,148
Change - -55.35% 111.49% -15.53% 34.15% 3.22% 1.21% 2.52%
P/E 7x 4.21x 11.8x 5x 5.95x 5.98x 6.16x 5.04x
PBR 0.77x - 0.61x - 0.58x 0.65x 0.61x 0.55x
PEG - 0.69x -0.2x 0.1x 0.5x 0.4x -2.1x 0.2x
Capitalization / Revenue 17.1x 7.44x 10.3x 7.2x 8.46x 9.77x 8.04x 6.84x
EV / Revenue 24.2x 7.44x 15.5x 13.1x 15.6x 15.9x 13.2x 11.5x
EV / EBITDA 30.2x 9.7x 20.7x 17.9x 18.1x 18.8x 16.1x 15.2x
EV / EBIT 30.5x 9.8x 21.2x 18.5x 18.7x 21.8x 17.6x 15.4x
EV / FCF 7.06x - -8.62x - -5.1x 2.31x 4.79x 6.97x
FCF Yield 14.2% - -11.6% - -19.6% 43.3% 20.9% 14.3%
Dividend per Share 2 0.87 - 0.7 - - 1.53 1.295 1.54
Rate of return 3.44% - 3.07% - - 5.43% 4.6% 5.47%
EPS 2 3.612 3.831 1.925 3.603 4.07 4.709 4.571 5.585
Distribution rate 24.1% - 36.4% - - 32.5% 28.3% 27.6%
Net sales 1 149.4 217.2 220.2 219.7 248.8 252 306.5 360.2
EBITDA 1 119.7 166.6 165 161.7 213.8 212.8 251.6 273.5
EBIT 1 118.9 164.9 161 156.1 207.2 183.7 229.6 270
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 1,535 1,584 1,686
Reference price 2 25.29 16.12 22.80 18.01 24.20 28.17 28.17 28.17
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 (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
5.95x15.8x18.72x5.46% 470M
14.49x4.61x12.54x3.48% 41.49B
21.84x4.31x18.11x1.16% 29.56B
6.07x0.74x1.5x8.31% 28.97B
7.58x1.38x6.9x4.7% 27.27B
14.92x3.12x15.42x2.35% 24.75B
15.45x0.98x6.51x2.41% 21.45B
15.91x6.79x19.26x1.19% 20.86B
9.03x2.17x7.47x4.12% 19.71B
7.81x1.73x5.59x2.84% 17.57B
Average 11.90x 4.17x 11.20x 3.6% 23.21B
Weighted average by Cap. 12.84x 3.01x 10.62x 3.51%

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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