Valuation Icade

Stocks

Market Closed - Euronext Paris 11:55:00 2026-08-20 am EDT			5-day change	1st Jan Change
18.61 ^EUR	-0.48%		-3.63%	-15.41%

Aug. 07	Icade: FFO expected to catch up from 2027
Jul. 29	Icade acquired 81.50% stake in Comet Group SAS for ?40 million.	CI

Data adjusted to current consolidation scope

Fiscal Period: December	2021	2022	2023	2024	2025	2026	2027	2028
Market Cap ¹	4,776	3,044	2,693	1,741	1,668	1,411	-	-
Change	-	-36.26%	-11.54%	-35.33%	-4.21%	-15.41%	-	-
Enterprise Value (EV) ¹	11,709	9,921	6,141	5,195	5,114	4,463	4,235	3,927
Change	-	-15.28%	-38.1%	-15.41%	-1.55%	-12.74%	-5.11%	-7.27%
P/E	11.8x	56.4x	-2.15x	-6.31x	-13.6x	-16x	28.7x	6.47x
PBR	0.71x	0.46x	0.54x	0.4x	0.43x	0.39x	0.37x	0.37x
PEG	-	-0.7x	0x	0.1x	0.2x	0.6x	-0x	0x
Capitalization / Revenue	2.88x	1.68x	1.76x	1.11x	1.15x	1.09x	1.05x	1.02x
EV / Revenue	7.05x	5.46x	4.02x	3.3x	3.53x	3.45x	3.17x	2.83x
EV / EBITDA	18.7x	15.3x	21.7x	21.7x	17.5x	16.6x	16.2x	14.6x
EV / EBIT	14.6x	25.9x	22.7x	18.7x	17.4x	15.4x	14.2x	13.4x
EV / FCF	-23.5x	-42.4x	4.66x	31.3x	21.6x	6.69x	8.49x	6.87x
FCF Yield	-4.25%	-2.36%	21.5%	3.2%	4.63%	14.9%	11.8%	14.6%
Dividend per Share ²	4.2	4.33	4.84	4.31	1.92	1.767	1.839	1.941
Rate of return	6.66%	10.8%	13.6%	18.8%	8.73%	9.5%	9.88%	10.4%
EPS ²	5.328	0.7136	-16.5	-3.64	-1.62	-1.166	0.6475	2.876
Distribution rate	78.8%	607%	-29.3%	-118%	-119%	-152%	284%	67.5%
Net sales ¹	1,661	1,816	1,528	1,572	1,450	1,292	1,338	1,388
EBITDA ¹	625.5	650.3	283	239	292.5	268.4	261.4	269.3
EBIT ¹	800.6	382.5	270.1	277.5	294.6	289.5	299.1	293
Net income ¹	400.1	54.1	-1,250	-275.9	-123	-76.37	130.7	184.2
Net Debt ¹	6,933	6,876	3,448	3,454	3,446	3,052	2,824	2,516
Reference price ²	63.10	40.24	35.54	22.98	22.00	18.61	18.61	18.61
Nbr of stocks (in thousands)	75,691	75,652	75,770	75,778	75,825	75,826	-	-
Announcement Date	2/21/22	2/20/23	2/19/24	2/18/25	2/17/26	-	-	-

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.($)
ICADE	-16.03x	3.46x	16.65x	9.45%	1.65B
W. P. CAREY INC.	23.96x	13.61x	15.91x	5.19%	16.39B
LAND SECURITIES PLC	8.51x	13.95x	18.01x	6.18%	6.86B
ESSENTIAL PROPERTIES REALTY TRUST, INC.	23.62x	15.04x	16.4x	4.08%	6.73B
THE GPT GROUP	12.28x	14.65x	16.8x	5.2%	6.41B
GECINA	8.93x	16.77x	20.2x	7.83%	6.18B
LONDONMETRIC PROPERTY PLC	10.36x	14.75x	15.83x	6.84%	6.07B
THE BRITISH LAND COMPANY PLC	8.57x	13.93x	17.87x	5.82%	5.9B
MIRVAC GROUP	12.69x	11.53x	13.19x	5.36%	5.2B
Average	10.32x	13.08x	16.76x	6.22%	6.82B
Weighted average by Cap.	14.61x	13.93x	16.69x	5.8%