Valuation Gecina

Equities

Market Closed - Euronext Paris Other stock markets 11:55:00 2026-04-13 am EDT			After hours 01:00:16 pm
71.15 ^EUR	+0.85%		71.45	+0.42%

Apr. 07	Oddo BHF suggests Gecina's current share price offers an attractive entry point
Mar. 24	Beyond Ormuz (III). Trading Opportunity: Offices.

Data adjusted to current consolidation scope

Fiscal Period: December	2021	2022	2023	2024	2025	2026	2027	2028
Capitalization ¹	9,059	7,022	8,134	6,688	5,992	5,228	-	-
Change	-	-22.49%	15.83%	-17.78%	-10.41%	-12.75%	-	-
Enterprise Value (EV) ¹	15,957	14,199	14,334	13,188	12,746	12,064	12,216	12,553
Change	-	-11.02%	0.95%	-7.99%	-3.36%	-5.35%	1.26%	2.76%
P/E ratio	10.7x	41.4x	-4.56x	21.7x	13.4x	8.05x	7.58x	7.36x
PBR	0.7x	0.55x	0.77x	0.64x	0.57x	0.49x	0.47x	0.46x
PEG	-	-0.5x	0x	-0x	0.3x	0.2x	1.23x	2.42x
Capitalization / Revenue	14.8x	11.2x	12.2x	9.63x	8.41x	7.23x	7.06x	6.67x
EV / Revenue	26x	22.7x	21.5x	19x	17.9x	16.7x	16.5x	16x
EV / EBITDA	33.5x	28.6x	26.8x	23.3x	21.6x	20.2x	19.5x	19.3x
EV / EBIT	34.3x	28.9x	28.4x	23.8x	21.9x	20.3x	19.9x	19.6x
EV / FCF	23.6x	64.9x	99.2x	90.8x	47.4x	34.6x	23.7x	24.9x
FCF Yield	4.23%	1.54%	1.01%	1.1%	2.11%	2.89%	4.22%	4.02%
Dividend per Share ²	5.3	5.3	5.3	5.45	5.5	5.631	5.771	5.776
Rate of return	4.31%	5.57%	4.81%	6.03%	6.8%	7.98%	8.18%	8.19%
EPS ²	11.53	2.299	-24.15	4.175	6.028	8.766	9.307	9.59
Distribution rate	46%	231%	-21.9%	131%	91.2%	64.2%	62%	60.2%
Net sales ¹	613.3	625.9	666.8	694.5	712.6	723.5	740	783.3
EBITDA ¹	476.4	496.5	535	565.7	589.7	596.6	627.2	649.7
EBIT ¹	464.6	491.5	505.3	554	582.2	594.7	612.5	641.4
Net income ¹	849.3	169.6	-1,787	309.8	448.2	646.7	712.6	925.6
Net Debt ¹	6,898	7,177	6,200	6,500	6,754	6,836	6,988	7,325
Reference price ²	122.90	95.15	110.10	90.45	80.90	70.55	70.55	70.55
Nbr of stocks (in thousands)	73,714	73,802	73,881	73,945	74,065	74,099	-	-
Announcement Date	2/17/22	2/15/23	2/14/24	2/13/25	2/10/26	-	-	-

¹EUR in Million²EUR

Estimates

Add to a list 0 selected To use this feature you must be a member Log in Sign up	P/E (Y)	EV / Sales (Y)	EV / EBITDA (Y)	Dividend Yield (Y)	Capi.($)
GECINA	8.05x	16.67x	20.22x	7.98%	6.14B
W. P. CAREY INC.	28.72x	13.35x	15.86x	5.21%	15.71B
ESSENTIAL PROPERTIES REALTY TRUST, INC.	24.53x	14.91x	16.38x	3.92%	6.84B
THE GPT GROUP	13.71x	14.67x	15.3x	5.26%	6.31B
LONDONMETRIC PROPERTY PLC	10.66x	15.34x	16.58x	6.55%	6.02B
LAND SECURITIES GROUP PLC	12.51x	13.09x	17.23x	7.1%	5.82B
THE BRITISH LAND COMPANY PLC	7.12x	14.08x	18.02x	6.06%	5.12B
MIRVAC GROUP	12.36x	11.29x	12.82x	5.54%	4.84B
NOMURA REAL ESTATE MASTER FUND, INC.	25.96x	17.87x	27.15x	4.11%	4.74B
Average	15.96x	14.59x	17.73x	5.75%	6.84B
Weighted average by Cap.	18.06x	14.41x	17.31x	5.67%