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 1,973 - -
Change - -24.52% -35.37% 27.76% 21.03% -22.75% - -
Enterprise Value (EV) 1 5,507 4,456 3,685 3,792 4,456 3,820 3,746 3,753
Change - -19.07% -17.31% 2.89% 17.52% -14.28% -1.93% 0.2%
P/E 14.6x 7.97x -3.54x 344x 296x 10.6x 8.37x 8.47x
PBR 1.51x - - - 1.52x 0.86x 0.86x 0.85x
PEG - 0.2x 0x -3x 9.2x 0x 0.3x -7.43x
Capitalization / Revenue 1.12x 0.85x 0.61x 0.86x 1.23x 0.87x 0.85x 0.81x
EV / Revenue 1.82x 1.48x 1.36x 1.54x 2.15x 1.68x 1.61x 1.55x
EV / EBITDA 12.5x 10.3x -10x 15.6x 23.7x 11.1x 8.57x 7.63x
EV / EBIT 15.9x 10.9x -7.74x 18.1x 29.4x 10.6x 7.97x 8.81x
EV / FCF 15.9x 13.6x 9.72x 10.5x -119x 14.9x 16.6x 16.8x
FCF Yield 6.27% 7.33% 10.3% 9.57% -0.84% 6.73% 6.01% 5.94%
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% 10.1% 10.7% 12.3%
EPS 2 11.49 15.83 -22.57 0.28 0.37 8.004 10.09 9.976
Distribution rate 84.9% 63.2% -35.4% 2,857% 2,162% 106% 89.2% 104%
Net sales 1 3,030 3,013 2,712 2,466 2,076 2,272 2,322 2,427
EBITDA 1 439.2 430.7 -366.7 243.8 188.2 344 437 492
EBIT 1 345.8 410.1 -476 209.4 151.7 361 470 426
Net income 1 211.6 326.8 -472.9 6.1 8.4 188 274 212
Net Debt 1 2,121 1,901 2,034 1,682 1,902 1,847 1,773 1,780
Reference price 2 167.60 126.20 80.00 96.40 109.60 84.50 84.50 84.50
Nbr of stocks (in thousands) 20,198 20,248 20,645 21,888 23,301 23,348 - -
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.($)
10.46x1.67x11.05x10.16% 2.27B
39.45x15.32x15.79x5.48% 56.19B
16.45x23.15x27.74x3.5% 17.07B
8.08x11.94x14.63x5.93% 15.63B
17.91x16.33x23.47x5.27% 14.32B
9.31x13.34x15.9x5.37% 12.25B
27.09x10.82x17.02x3.98% 9.98B
7.53x19.9x26.93x3.3% 9.24B
14.58x11.77x18.5x6.47% 9.23B
33.91x7.41x11.92x5.81% 8.64B
Average 18.48x 13.17x 18.29x 5.53% 15.48B
Weighted average by Cap. 24.45x 14.91x 18.33x 5.2%

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

40% Discount: Identify Tomorrow's Best Investments With The Best Subscriber-Only Tools!
d
:
:
SEIZE THE OFFER!