Company Valuation: Gecina

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 9,059 7,022 8,134 6,688 5,992 5,584 - -
Change - -22.49% 15.83% -17.78% -10.41% -6.8% - -
Enterprise Value (EV) 1 15,957 14,199 14,334 13,188 12,746 12,282 12,612 12,636
Change - -11.02% 0.95% -7.99% -3.36% -3.64% 2.69% 0.19%
P/E 10.7x 41.4x -4.56x 21.7x 13.4x 9.41x 9.66x 8.95x
PBR 0.7x 0.55x 0.77x 0.64x 0.57x 0.53x 0.52x 0.51x
PEG - -0.5x 0x -0x 0.3x 0.3x -3.64x 1.13x
Capitalization / Revenue 14.8x 11.2x 12.2x 9.63x 8.41x 7.81x 7.64x 7.28x
EV / Revenue 26x 22.7x 21.5x 19x 17.9x 17.2x 17.2x 16.5x
EV / EBITDA 33.5x 28.6x 26.8x 23.3x 21.6x 20.7x 20.8x 19.9x
EV / EBIT 34.3x 28.9x 28.4x 23.8x 21.9x 21x 20.6x 19.8x
EV / FCF 23.6x 64.9x 99.2x 90.8x 47.4x 25.2x 33.3x 18.6x
FCF Yield 4.23% 1.54% 1.01% 1.1% 2.11% 3.97% 3% 5.37%
Dividend per Share 2 5.3 5.3 5.3 5.45 5.5 5.616 5.682 5.858
Rate of return 4.31% 5.57% 4.81% 6.03% 6.8% 7.45% 7.54% 7.77%
EPS 2 11.53 2.299 -24.15 4.175 6.028 8.015 7.803 8.423
Distribution rate 46% 231% -21.9% 131% 91.2% 70.1% 72.8% 69.6%
Net sales 1 613.3 625.9 666.8 694.5 712.6 715.2 731.3 766.9
EBITDA 1 476.4 496.5 535 565.7 589.7 592.7 606.4 636.3
EBIT 1 464.6 491.5 505.3 554 582.2 586.1 611.2 638.8
Net income 1 849.3 169.6 -1,787 309.8 448.2 483.3 687.5 776.3
Net Debt 1 6,898 7,177 6,200 6,500 6,754 6,698 7,028 7,052
Reference price 2 122.90 95.15 110.10 90.45 80.90 75.40 75.40 75.40
Nbr of stocks (in thousands) 73,714 73,802 73,881 73,945 74,065 74,060 - -
Announcement Date 2/17/22 2/15/23 2/14/24 2/13/25 2/10/26 - - -
1EUR in Million2EUR
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
9.41x17.17x20.72x7.45% 6.46B
24.28x13.62x16.19x5.2% 16.36B
9.16x14.32x18.53x5.89% 7.14B
15.43x15.43x16.55x4.69% 7.1B
23.22x14.78x16.04x4.13% 6.62B
10.62x14.96x16.07x6.68% 6.16B
8.91x14.19x18.32x5.57% 6.13B
12.05x11.63x13.22x5.29% 5.04B
20.41x10.57x13.13x5.95% 4.77B
Average 14.83x 14.07x 16.53x 5.65% 7.31B
Weighted average by Cap. 16.19x 14.16x 16.65x 5.57%

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