Valuation Invitation Homes Inc.

Equities

Market Closed - Nyse Other stock markets 04:00:02 2024-09-19 pm EDT			5-day change	1st Jan Change
36.04 ^USD	+0.50%		-0.66%	+5.66%

Sep. 16	Evercore ISI Adjusts Price Target on Invitation Homes to $38 From $37, Maintains Outperform	MT
Sep. 16	JPMorgan Adjusts Price Target on Invitation Homes to $40 From $36, Maintains Neutral Rating	MT

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025	2026
Capitalization ¹	16,135	16,648	27,057	18,122	20,874	22,078	-	-
Change	-	3.18%	62.53%	-33.02%	15.18%	5.77%	-	-
Enterprise Value (EV) ¹	24,510	24,466	34,446	25,628	28,719	29,969	30,125	30,244
Change	-	-0.18%	40.79%	-25.6%	12.06%	4.35%	0.52%	0.39%
P/E ratio	111x	84.9x	101x	47x	40.1x	51.4x	46.6x	43.4x
PBR	1.99x	1.99x	2.78x	1.76x	2.06x	2.2x	2.19x	2.15x
PEG	-	2.9x	3.5x	1.2x	1.1x	-2.9x	4.6x	5.8x
Capitalization / Revenue	9.14x	9.13x	13.6x	8.1x	8.58x	8.41x	7.98x	7.5x
EV / Revenue	13.9x	13.4x	17.3x	11.5x	11.8x	11.4x	10.9x	10.3x
EV / EBITDA	24.8x	23.6x	29.4x	19.4x	20.3x	20.1x	19.1x	17.8x
EV / EBIT	60.3x	52.4x	63.5x	41.1x	41.6x	40.4x	35.7x	32.7x
EV / FCF	-	-	43,921,919x	29,544,864x	32,415,105x	-	-	-
FCF Yield	-	-	0%	0%	0%	-	-	-
Dividend per Share ²	0.54	0.6	0.68	0.88	1.32	1.12	1.208	1.317
Rate of return	1.8%	2.02%	1.5%	2.97%	3.87%	3.11%	3.35%	3.66%
EPS ²	0.27	0.35	0.45	0.63	0.85	0.701	0.7727	0.8306
Distribution rate	200%	171%	151%	140%	155%	160%	156%	159%
Net sales ¹	1,765	1,823	1,997	2,238	2,432	2,624	2,765	2,942
EBITDA ¹	989.8	1,038	1,171	1,318	1,413	1,489	1,578	1,696
EBIT ¹	406.3	467.1	542.2	623	690.9	741.8	843.3	924.3
Net income ¹	145.1	195.8	261.1	382.7	518.8	426.2	466.4	492.9
Net Debt ¹	8,375	7,818	7,388	7,506	7,845	7,891	8,047	8,166
Reference price ²	29.97	29.70	45.34	29.64	34.11	36.04	36.04	36.04
Nbr of stocks (in thousands)	538,357	560,534	596,769	611,410	611,958	612,594	-	-
Announcement Date	2/18/20	2/16/21	2/15/22	2/15/23	2/13/24	-	-	-

¹USD in Million²USD

Estimates

Add to a list Add to a list 0 selected To use this feature you must be a member Log in Sign up	P/E ratio	EV / Sales	EV / EBITDA	Yield (Y)	Capi. ($)
INVITATION HOMES INC.	51.16x	11.38x	20.05x	+3.12%	22.12B
AVALONBAY COMMUNITIES, INC.	39.67x	14.27x	22.9x	+2.95%	33.52B
EQUITY RESIDENTIAL	37.79x	12.46x	20.54x	+3.49%	29.32B
ESSEX PROPERTY TRUST, INC.	37.77x	14.93x	21.43x	+3.12%	20.04B
MID-AMERICA APARTMENT COMMUNITY, INC.	39.48x	10.97x	19.22x	+3.61%	19.17B
SUN COMMUNITIES, INC.	75.02x	7.61x	19.75x	+2.63%	18.04B
UDR, INC.	114.43x	12.69x	20.45x	+3.68%	15.29B
AMERICAN HOMES 4 RENT	47.66x	10.91x	20.79x	+2.62%	14.77B
EQUITY LIFESTYLE PROPERTIES, INC.	40.24x	11.21x	24.39x	+2.57%	13.89B
CAMDEN PROPERTY TRUST	68.08x	10.91x	18.89x	+3.29%	13.22B
Average	55.13x	11.73x	20.84x	+3.11%	19.94B
Weighted average by Cap.	51.91x	12.02x	20.94x	+3.13%