Company Valuation: Altarea

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 3,385 2,555 1,652 2,110 2,554 2,270 - -
Change - -24.52% -35.37% 27.76% 21.03% -11.13% - -
Enterprise Value (EV) 1 5,507 4,456 3,685 3,792 4,456 4,121 4,053 4,068
Change - -19.07% -17.31% 2.89% 17.52% -7.52% -1.65% 0.36%
P/E 14.6x 7.97x -3.54x 344x 296x 11.4x 9.43x 9.87x
PBR 1.51x - - - 1.52x 0.99x 0.99x 0.98x
PEG - 0.2x 0x -3x 9.2x 0x 0.5x -2.22x
Capitalization / Revenue 1.12x 0.85x 0.61x 0.86x 1.23x 0.97x 0.95x 0.91x
EV / Revenue 1.82x 1.48x 1.36x 1.54x 2.15x 1.76x 1.7x 1.62x
EV / EBITDA 12.5x 10.3x -10x 15.6x 23.7x 11.3x 9.19x 8.55x
EV / EBIT 15.9x 10.9x -7.74x 18.1x 29.4x 10.7x 8.55x 9.92x
EV / FCF 15.9x 13.6x 9.72x 10.5x -119x 16.4x 19.1x 19.5x
FCF Yield 6.27% 7.33% 10.3% 9.57% -0.84% 6.09% 5.23% 5.14%
Dividend per Share 2 9.75 10 8 8 8 8.5 9 10.36
Rate of return 5.82% 7.92% 10% 8.3% 7.3% 8.73% 9.24% 10.6%
EPS 2 11.49 15.83 -22.57 0.28 0.37 8.579 10.33 9.866
Distribution rate 84.9% 63.2% -35.4% 2,857% 2,162% 99.1% 87.2% 105%
Net sales 1 3,030 3,013 2,712 2,466 2,076 2,339 2,391 2,506
EBITDA 1 439.2 430.7 -366.7 243.8 188.2 364 441 476
EBIT 1 345.8 410.1 -476 209.4 151.7 384 474 410
Net income 1 211.6 326.8 -472.9 6.1 8.4 215 286 207
Net Debt 1 2,121 1,901 2,034 1,682 1,902 1,851 1,783 1,798
Reference price 2 167.60 126.20 80.00 96.40 109.60 97.40 97.40 97.40
Nbr of stocks (in thousands) 20,198 20,248 20,645 21,888 23,301 23,303 - -
Announcement Date 2/22/22 2/28/23 2/27/24 2/25/25 2/24/26 - - -
1EUR in Million2EUR
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
11.45x1.77x11.37x8.66% 2.61B
42.1x16.08x16.67x4.98% 61.29B
13.64x24.87x29.29x3.29% 17.96B
9.59x12.76x15.93x5.19% 17.39B
20.41x17.16x25.55x4.85% 15.21B
11.24x13.97x16.74x5.02% 12.76B
31.22x11.62x18.33x3.6% 10.9B
11.33x22.04x29.16x2.8% 10.48B
16.23x12.49x19.55x5.96% 9.86B
26.19x7.54x12.34x5.34% 9.41B
Average 19.34x 14.03x 19.49x 4.97% 16.79B
Weighted average by Cap. 25.86x 15.78x 19.48x 4.72%

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