Company Valuation: Altareit

Data adjusted to current consolidation scope
Fiscal Period: December 2020 2021 2022 2023 2024 2025
Market Cap 1 850.7 1,146 1,094 787.6 822.6 901.4
Change - 34.76% -4.58% -28% 4.44% 9.58%
Enterprise Value (EV) 1 1,118 1,486 1,602 1,295 1,294 1,588
Change - 32.92% 7.82% -19.19% -0.06% 22.76%
P/E 12.2x 15.9x 14.7x -2.42x -13.5x -13.4x
PBR 0.9x 1.12x 0.99x 1.01x 1.15x 1.37x
PEG - 3.93x 4.82x 0x 0.2x -1.34x
Capitalization / Revenue 0.28x 0.38x 0.37x 0.3x 0.32x 0.46x
EV / Revenue 0.37x 0.5x 0.54x 0.5x 0.5x 0.8x
EV / EBITDA 7.75x 9.66x 12x -6.32x 46.7x -224x
EV / EBIT 8.11x 10.1x 14.4x -3.94x 65.7x -42x
EV / FCF 4.64x -77.9x -10.2x 11.7x 6.33x -4.97x
FCF Yield 21.6% -1.28% -9.82% 8.52% 15.8% -20.1%
Dividend per Share 2 - - - - - -
Rate of return - - - - - -
EPS 2 39.69 41.29 42.55 -186.2 -34.89 -38.38
Distribution rate - - - - - -
Net sales 1 3,017 3,000 2,966 2,604 2,608 1,978
EBITDA 1 144.3 153.9 134 -204.8 27.7 -7.1
EBIT 1 137.8 147.5 111.4 -328.3 19.7 -37.8
Net income 1 69.4 72.2 74.4 -325.6 -61 -67.1
Net Debt 1 267.2 339.5 508.1 507 471.2 686.9
Reference price 2 486.00 655.00 625.00 450.00 470.00 515.00
Nbr of stocks (in thousands) 1,750 1,750 1,750 1,750 1,750 1,750
Announcement Date 3/26/21 5/24/22 3/31/23 3/28/24 3/20/25 3/14/26
1EUR in Million2EUR
Estimates


P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
- - - - 1.17B
68.19x - - - 73.7B
10.09x3.89x8.83x-.--% 23.71B
7.52x15.89x18.86x6.69% 18.88B
4.12x0.09x0.16x7.74% 14.07B
7.97x16.48x - 6.63% 7.96B
7.14x0.76x6.29x2.78% 5.4B
-1.34x1.44x-17426.85x-.--% 5.4B
4.67x13.49x19.55x6.14% 4.32B
8.84x0.55x7.03x4.22% 4.08B
Average 13.02x 6.57x -2,480.87x 4.28% 15.87B
Weighted average by Cap. 35.65x 7.12x -1,230.32x 4.14%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA