Company Valuation: NewRiver REIT plc

Data adjusted to current consolidation scope
Fiscal Period: March 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 287.3 263.8 244.9 251 330 339.8 - -
Change - -8.18% -7.15% 2.48% 31.45% 2.98% - -
Enterprise Value (EV) 1 780.6 485.3 446.2 418.3 709.2 624.2 678.9 687.7
Change - -37.83% -8.05% -6.26% 69.53% -11.98% 1.23% 1.29%
P/E Ratio -1.91x - - - - 9.8x 7.08x 6.31x
PBR 0.62x - - - - - - -
PEG - - - - - - 0.2x 0.5x
Capitalization / Revenue 6.53x 5.47x 5.2x 5.69x 5.87x 4.38x 4.75x 4.36x
EV / Revenue 17.7x 10.1x 9.47x 9.49x 12.6x 9.13x 9.49x 8.81x
EV / EBITDA 32x 14.7x 12.6x 15.4x 17.7x 12.1x 12.6x 12.1x
EV / EBIT 34.7x 15.2x 12.9x 15.6x 18.2x 12.8x 12.6x 11.2x
EV / FCF 22.1x 4.87x 17.4x 18.4x 37.9x 20.8x 19.3x 35.2x
FCF Yield 4.53% 20.5% 5.76% 5.43% 2.64% 4.81% 5.18% 2.84%
Dividend per Share 2 0.03 0.074 0.067 0.066 0.065 0.067 0.0686 0.0685
Rate of return 3.2% 8.64% 8.49% 8.16% 9.37% 9.63% 8.69% 8.68%
EPS 2 -0.491 - - - - 0.071 0.1115 0.125
Distribution rate -6.11% - - - - 94.4% 61.5% 54.8%
Net sales 1 44 48.2 47.1 44.1 56.2 68.4 71.53 78.02
EBITDA 1 24.4 33.1 35.4 27.1 40.1 51.6 54.02 56.65
EBIT 1 22.5 31.9 34.6 26.8 39 48.7 53.9 61.5
Net income 1 -150.5 -26.6 -16.8 - 23.7 31.7 43.9 48.65
Net Debt 1 493.3 221.5 201.3 167.3 379.2 324.5 339.1 347.9
Reference price 2 0.9380 0.8560 0.7890 0.8090 0.6940 0.7890 0.7890 0.7890
Nbr of stocks (in thousands) 306,300 308,182 310,442 310,266 475,442 430,677 - -
Announcement Date 6/3/21 6/7/22 6/6/23 6/21/24 6/3/25 6/2/26 - -
1GBP in Million2GBP
Estimates

P/E Ratio, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
- 9.16x12.84x8.48% 456M
34.11x15.07x19.45x4.12% 71.03B
31.35x11.71x16.38x4.05% 17.47B
32.74x11.9x17.9x3.78% 14.66B
14.69x10.8x15.67x6.82% 12.17B
27.74x10.57x15.54x3.81% 10B
39.19x15.45x18.65x4.21% 9.09B
22.71x14.21x15.63x5.22% 8.86B
11.85x17.11x18.77x4.78% 8.44B
-149.11x12.41x18.43x2.69% 7.21B
Average 7.25x 12.84x 16.93x 4.79% 15.94B
Weighted average by Cap. 21.95x 13.75x 18.08x 4.32%

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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