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 55,183 - -
Change - -25.07% 8.98% -2.19% -13.2% 21.19% - -
Enterprise Value (EV) 1 72,421 55,308 62,363 61,362 55,468 67,979 68,350 68,645
Change - -23.63% 12.76% -1.61% -9.61% 22.55% 0.55% 0.43%
P/E 37.9x 11.9x 27.6x 28.1x 28.8x 29.2x 29.9x 27.9x
PBR 7.04x 4.87x 5.35x 5.41x 4.92x 4.29x 4.63x 4.78x
PEG - 0x -0.5x -7.4x -1.9x 2.4x -13.34x 4.02x
Capitalization / Revenue 20.5x 11.8x 11.9x 11.2x 9.44x 10.8x 10x 9.71x
EV / Revenue 22.6x 13.2x 13.8x 13.1x 11.5x 13.3x 12.4x 12.1x
EV / EBITDA 30.3x 18.3x 19.1x 18.5x 16.4x 18.7x 17.2x 16.8x
EV / EBIT 43.1x 26x 27.2x 28.1x 24.8x 29.1x 27.2x 26x
EV / FCF - - - - - - - -
FCF Yield - - - - - - - -
Dividend per Share 2 8 21.15 12 12 12 12.02 12.31 12.66
Rate of return 2.14% 7.55% 3.93% 4.01% 4.62% 4.07% 4.17% 4.29%
EPS 2 9.87 23.5 11.06 10.64 9.01 10.11 9.882 10.57
Distribution rate 81.1% 90% 108% 113% 133% 119% 125% 120%
Net sales 1 3,204 4,182 4,518 4,696 4,824 5,100 5,509 5,683
EBITDA 1 2,394 3,015 3,263 3,315 3,388 3,630 3,974 4,077
EBIT 1 1,681 2,126 2,293 2,186 2,236 2,336 2,517 2,641
Net income 1 1,732 4,142 1,949 1,873 1,586 1,875 1,970 2,068
Net Debt 1 6,741 6,096 8,733 8,906 9,936 12,796 13,167 13,461
Reference price 2 374.56 280.19 305.00 299.44 259.50 295.33 295.33 295.33
Nbr of stocks (in thousands) 175,355 175,638 175,836 175,183 175,463 186,852 - -
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.($)
81.5x12.94x34.87x1.34% 169B
57.94x11.66x22.69x2.08% 98.3B
26.01x10.92x16.51x3.95% 84.51B
61.66x11.78x21.86x2.81% 64.73B
29.22x13.33x18.73x4.07% 55.18B
153.28x8.03x22.05x2.45% 43.53B
41.97x12.72x19.07x5.31% 34.04B
61.09x6.38x17.17x3.13% 33.55B
29.48x14.18x17.26x4.73% 29.09B
Average 60.24x 11.33x 21.13x 3.32% 68B
Weighted average by Cap. 62.56x 11.70x 23.95x 2.78%

Y-o-Y evolution of P/E

Valuation ratios - P/E - Public Storage

Historical PBR trend

Valuation ratios - PBR - Public Storage

Evolution Enterprise Value / Sales

Valuation ratios - VE_REV - Public Storage

Change in Enterprise Value/EBITDA

Valuation ratios - VE_EBITDA - Public Storage


Year-on-year evolution of the Yield

Valuation ratios - Yield - Public Storage