Company Valuation: Unibail-Rodamco

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 8,540 6,748 9,305 10,372 13,296 15,258 - -
Change - -20.98% 37.88% 11.47% 28.19% 14.76% - -
Enterprise Value (EV) 1 34,485 29,720 31,279 32,540 31,796 35,401 35,352 35,358
Change - -13.82% 5.24% 4.03% -2.29% 11.34% -0.14% 0.02%
P/E -8.78x 38x -5.71x 69.9x 10.6x 9.59x 8.81x 8.05x
PBR 0.5x 0.35x 0.54x 0.6x 0.77x 0.89x 0.84x 0.79x
PEG - -0x 0x -1x 0x 0.4x 1.01x 0.85x
Capitalization / Revenue 4.66x 3.02x 4.01x 4.27x 5.71x 5.5x 5.4x 5.18x
EV / Revenue 18.8x 13.3x 13.5x 13.4x 13.7x 12.8x 12.5x 12x
EV / EBITDA 20.9x 13.5x 14.2x 13.8x 13.9x 15.9x 15.6x 14.9x
EV / EBIT 21x 13.8x 14.6x 14.1x 14.2x 16.1x 15.8x 15x
EV / FCF 42x 19.4x 35.7x 36.9x 27.6x 23.6x 26.3x 17.8x
FCF Yield 2.38% 5.15% 2.8% 2.71% 3.62% 4.24% 3.81% 5.61%
Dividend per Share 2 - - 2.5 3.5 4.5 5.49 6.071 6.422
Rate of return - - 3.74% 4.81% 4.85% 5.19% 5.74% 6.07%
EPS 2 -7.02 1.28 -11.72 1.04 8.72 11.04 12.01 13.14
Distribution rate - - -21.3% 337% 51.6% 49.7% 50.6% 48.9%
Net sales 1 1,833 2,231 2,322 2,427 2,328 2,775 2,826 2,943
EBITDA 1 1,650 2,209 2,199 2,352 2,284 2,223 2,273 2,378
EBIT 1 1,641 2,152 2,148 2,311 2,241 2,192 2,230 2,362
Net income 1 -972.1 178.2 -1,629 146.2 1,268 1,655 1,699 1,908
Net Debt 1 25,945 22,972 21,974 22,168 18,500 20,143 20,094 20,100
Reference price 2 61.62 48.63 66.92 72.72 92.76 105.80 105.80 105.80
Nbr of stocks (in thousands) 138,594 138,767 139,041 142,625 143,334 144,216 - -
Announcement Date 10/02/22 08/02/23 08/02/24 13/02/25 12/02/26 - - -
1EUR in Million2EUR
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
42.1x16.08x16.67x4.98% 61.29B
13.64x24.87x29.29x3.29% 17.96B
20.41x17.16x25.55x4.85% 15.21B
11.24x13.97x16.74x5.02% 12.76B
31.22x11.62x18.33x3.6% 10.9B
11.33x22.04x29.16x2.8% 10.48B
16.23x12.49x19.55x5.96% 9.86B
26.19x7.54x12.34x5.34% 9.41B
-160.24x8.21x19.82x1.88% 7.54B
Average 1.35x 14.89x 20.83x 4.19% 17.27B
Weighted average by Cap. 18.90x 15.99x 20.03x 4.46%

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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  3. URW Stock
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  5. Valuation Unibail-Rodamco