Company Valuation: Ventas, Inc.

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 20,406 18,007 20,041 24,705 36,348 44,757 - -
Change - -11.75% 11.29% 23.27% 47.13% 23.13% - -
Enterprise Value (EV) 1 32,284 30,182 33,023 37,330 48,573 57,028 57,043 57,412
Change - -6.51% 9.41% 13.04% 30.12% 17.41% 0.03% 0.65%
P/E 393x -375x -498x 310x 143x 152x 95.3x 67x
PBR 1.88x 1.77x 2.13x 2.28x 2.93x 3.34x 3.41x 3.45x
PEG - 2x 29.9x -1x 1x 12.3x 1.6x 1.6x
Capitalization / Revenue 5.33x 4.36x 4.46x 5.02x 6.23x 6.51x 5.84x 5.32x
EV / Revenue 8.43x 7.31x 7.34x 7.58x 8.33x 8.3x 7.44x 6.82x
EV / EBITDA 19.5x 17.3x 18x 18.7x 21.2x 22.8x 20.2x 18.5x
EV / EBIT 70.3x 55.3x 74.8x 50.3x 53.1x 62.5x 49.6x 42.2x
EV / FCF - - - - - - - -
FCF Yield - - - - - - - -
Dividend per Share 2 1.8 1.8 1.8 1.8 1.92 2.079 2.248 2.464
Rate of return 3.52% 4% 3.61% 3.06% 2.48% 2.26% 2.44% 2.68%
EPS 2 0.13 -0.12 -0.1 0.19 0.54 0.6067 0.9664 1.374
Distribution rate 1,385% -1,500% -1,800% 947% 356% 343% 233% 179%
Net sales 1 3,828 4,129 4,498 4,924 5,834 6,873 7,667 8,413
EBITDA 1 1,656 1,744 1,834 1,995 2,295 2,502 2,830 3,100
EBIT 1 459 545.7 441.6 742 915.4 912.8 1,149 1,359
Net income 1 49.01 -47.45 -40.97 81.15 251.4 292.6 491.2 697.3
Net Debt 1 11,878 12,174 12,982 12,625 12,225 12,271 12,286 12,656
Reference price 2 51.12 45.05 49.84 58.89 77.38 92.06 92.06 92.06
Nbr of stocks (in thousands) 399,176 399,718 402,104 419,508 469,733 486,170 - -
Announcement Date 17/02/22 09/02/23 14/02/24 12/02/25 05/02/26 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution

P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
80.27x12.97x34.28x1.34% 166B
67.03x8.39x14.66x5.65% 14.98B
24.59x17.07x15.77x5.54% 14.43B
91.51x3.85x22.27x1.86% 10.47B
26.95x17.94x18.96x3.86% 9.53B
-691.36x10.21x16.54x4.61% 7.21B
7.24x16.06x18.59x6.11% 6.55B
79.14x7.97x20.89x2.7% 5.26B
29.18x8.52x14.76x6.1% 4.98B
Average -31.72x 11.44x 19.64x 4.2% 26.55B
Weighted average by Cap. 48.07x 12.53x 29.13x 2.35%

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