Company Valuation: LOG Commercial Properties e Participações S.A.

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 2,555 1,616 2,274 1,582 2,105 2,258 - -
Change - -36.76% 40.69% -30.41% 33.05% 7.26% - -
Enterprise Value (EV) 1 3,620 1,616 3,418 2,887 3,873 3,745 3,855 3,967
Change - -55.35% 111.49% -15.53% 34.15% -3.31% 2.94% 2.91%
P/E 7x 4.21x 11.8x 5x 5.95x 5.49x 5.65x 4.63x
PBR 0.77x - 0.61x - 0.58x 0.6x 0.56x 0.5x
PEG - 0.69x -0.2x 0.1x 0.5x 0.3x -1.93x 0.2x
Capitalization / Revenue 17.1x 7.44x 10.3x 7.2x 8.46x 8.93x 7.32x 6.06x
EV / Revenue 24.2x 7.44x 15.5x 13.1x 15.6x 14.8x 12.5x 10.7x
EV / EBITDA 30.2x 9.7x 20.7x 17.9x 18.1x 18.5x 15.4x 13.9x
EV / EBIT 30.5x 9.8x 21.2x 18.5x 18.7x 21.2x 16.6x 13.7x
EV / FCF 7.06x - -8.62x - -5.1x 2.48x 9.54x 9.26x
FCF Yield 14.2% - -11.6% - -19.6% 40.4% 10.5% 10.8%
Dividend per Share 2 0.87 - 0.7 - 3.959 1.376 1.295 1.54
Rate of return 3.44% - 3.07% - 16.4% 5.33% 5.01% 5.96%
EPS 2 3.612 3.831 1.925 3.603 4.07 4.709 4.571 5.585
Distribution rate 24.1% - 36.4% - 97.3% 29.2% 28.3% 27.6%
Net sales 1 149.4 217.2 220.2 219.7 248.8 253 308.3 372.4
EBITDA 1 119.7 166.6 165 161.7 213.8 202.9 250.4 285.4
EBIT 1 118.9 164.9 161 156.1 207.2 176.3 232 290
Net income 1 369 386.1 192.2 343.4 354.6 412.9 487.2 489.4
Net Debt 1 1,065 - 1,144 1,305 1,768 1,487 1,597 1,709
Reference price 2 25.29 16.12 22.80 18.01 24.20 25.83 25.83 25.83
Nbr of stocks (in thousands) 101,044 100,258 99,728 87,859 86,999 87,425 - -
Announcement Date 2/8/22 2/8/23 2/6/24 2/5/25 2/11/26 - - -
1BRL in Million2BRL
Estimates

P/E, Detailed evolution

P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
5.49x14.8x18.46x5.33% 446M
15.68x4.94x13.3x3.23% 44.6B
8.45x1.48x7.55x4.18% 29.72B
19.91x4.14x16.91x1.25% 29.33B
5.58x0.6x1.23x9.03% 26.66B
14.34x3.11x14.91x2.45% 25.48B
9.07x2.34x7.2x3.85% 21.38B
14.8x6.76x18.15x1.45% 20.76B
Average 11.66x 4.77x 12.21x 3.84% 24.8B
Weighted average by Cap. 12.86x 3.42x 11.42x 3.64%

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

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