Company Valuation: Public Storage

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 65,681 49,212 53,630 52,457 45,533 60,741 - -
Change - -25.07% 8.98% -2.19% -13.2% 33.4% - -
Enterprise Value (EV) 1 72,421 55,308 62,363 61,362 55,468 73,109 74,452 74,606
Change - -23.63% 12.76% -1.61% -9.61% 31.8% 1.84% 0.21%
P/E 37.9x 11.9x 27.6x 28.1x 28.8x 32.6x 32.3x 29.2x
PBR 7.04x 4.87x 5.35x 5.41x 4.92x 5.08x 5.46x 7.86x
PEG - 0x -0.5x -7.4x -1.9x 3x 38.12x 2.8x
Capitalization / Revenue 20.5x 11.8x 11.9x 11.2x 9.44x 11.9x 11.1x 10.7x
EV / Revenue 22.6x 13.2x 13.8x 13.1x 11.5x 14.4x 13.6x 13.2x
EV / EBITDA 30.3x 18.3x 19.1x 18.5x 16.4x 20.2x 18.7x 17.9x
EV / EBIT 43.1x 26x 27.2x 28.1x 24.8x 30.6x 29.3x 26.7x
EV / FCF - - - - - - - -
FCF Yield - - - - - - - -
Dividend per Share 2 8 21.15 12 12 12 12.02 12.32 12.74
Rate of return 2.14% 7.55% 3.93% 4.01% 4.62% 3.7% 3.79% 3.92%
EPS 2 9.87 23.5 11.06 10.64 9.01 9.986 10.07 11.13
Distribution rate 81.1% 90% 108% 113% 133% 120% 122% 114%
Net sales 1 3,204 4,182 4,518 4,696 4,824 5,092 5,489 5,664
EBITDA 1 2,394 3,015 3,263 3,315 3,388 3,624 3,973 4,174
EBIT 1 1,681 2,126 2,293 2,186 2,236 2,386 2,541 2,795
Net income 1 1,732 4,142 1,949 1,873 1,586 1,856 2,018 2,162
Net Debt 1 6,741 6,096 8,733 8,906 9,936 12,368 13,711 13,865
Reference price 2 374.56 280.19 305.00 299.44 259.50 325.13 325.13 325.13
Nbr of stocks (in thousands) 175,355 175,638 175,836 175,183 175,463 186,821 - -
Announcement Date 22/02/22 21/02/23 20/02/24 24/02/25 12/02/26 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
32.56x14.36x20.17x3.7% 60.74B
32.14x14.93x18.04x4.4% 31.25B
-59.41x3.18x13.41x5.13% 9.51B
26.64x11.31x17.92x5.14% 9.34B
13.7x8.81x15.44x4.99% 2.76B
13.44x10.53x16.94x5.28% 2.4B
57.75x9.62x18.19x4.66% 1.91B
11.25x9.36x17.01x5.24% 1.77B
13.34x12.1x22.73x4% 1.07B
Average 15.71x 10.47x 17.76x 4.73% 13.42B
Weighted average by Cap. 23.85x 13.02x 18.69x 4.2%

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

  1. Stock Market
  2. Stocks
  3. PSA Stock
  4. Valuation Public Storage