Company Valuation: Copper Property CTL Pass Through Trust

Data adjusted to current consolidation scope
Fiscal Period: December 2022 2023 2024 2025
Market Cap 1 993.8 757.5 918 843.8
Change - -23.77% 21.19% -8.09%
Enterprise Value (EV) 1 982.5 757.2 903.9 844.4
Change - -22.93% 19.37% -6.58%
P/E 11.4x 11x 12.4x 17.9x
PBR 0.86x 0.69x 0.91x 0.9x
PEG -0.2x -0.5x 1.86x -0.5x
Capitalization / Revenue 9.17x 7.46x 9.14x 8.65x
EV / Revenue 9.06x 7.45x 9x 8.66x
EV / EBITDA 11.4x 8.92x 10.7x 11.7x
EV / EBIT 15.1x 11.7x 14x 16.1x
EV / FCF - - - -
FCF Yield - - - -
Dividend per Share 2 2.3 1.68 2.05 1.71
Rate of return 17.4% 16.6% 16.7% 15.2%
EPS 2 1.167 0.9221 0.9837 0.6269
Distribution rate 197% 182% 208% 273%
Net sales 1 108.4 101.6 100.4 97.52
EBITDA 1 86.46 84.9 84.64 71.88
EBIT 1 65.1 64.46 64.72 52.57
Net income 1 87.51 69.16 73.78 47.02
Net Debt 1 -11.25 -0.263 -14.09 0.697
Reference price 2 13.25 10.10 12.24 11.25
Nbr of stocks (in thousands) 75,000 75,000 75,000 75,000
Announcement Date 3/7/23 3/11/24 3/7/25 3/13/26
1USD in Million2USD
Estimates


P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
- - - - 818M
12.45x4.23x46.61x3.83% 12.81B
5.97x - - 4.98% 12.43B
12.09x - - 4.08% 11.54B
4.94x - - 6.4% 8.89B
20.05x15.15x36.46x1.18% 8.3B
14.9x - - 2.71% 7.45B
9.24x8.61x19.73x5.29% 6.03B
Average 11.38x 9.33x 34.26x 4.07% 8.53B
Weighted average by Cap. 11.12x 8.54x 37.53x 4.1%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA


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