Valuation Covivio

Stocks

Real-time Euronext Paris 04:05:19 2026-08-21 EDT			5-day change	1st Jan Change
51.35 ^EUR	+0.10%		-1.91%	-9.36%

08-10	Covivio: Underlying FFO lacking momentum
07-24	Delfin: Apollo backs Del Vecchio with €1.1bn loan	AN

Data adjusted to current consolidation scope

Fiscal Period: December	2021	2022	2023	2024	2025	2026	2027	2028
Market Cap ¹	6,813	5,199	4,872	5,403	6,274	5,684	-	-
Change	-	-23.69%	-6.29%	10.89%	16.12%	-9.4%	-	-
Enterprise Value (EV) ¹	17,785	5,199	11,797	12,248	13,335	13,634	13,893	13,979
Change	-	-70.77%	126.9%	3.82%	8.88%	2.24%	1.9%	0.61%
P/E	7.37x	8.39x	-3.34x	76.5x	8.5x	10.1x	9.31x	8.12x
PBR	0.79x	0.55x	0.6x	0.66x	0.73x	0.59x	0.58x	0.56x
PEG	-	-0.3x	0x	-1x	0x	-0.4x	1.11x	0.6x
Capitalization / Revenue	11.5x	8.57x	7.91x	5.4x	9.88x	8.26x	7.87x	7.5x
EV / Revenue	29.9x	8.57x	19.2x	12.2x	21x	19.8x	19.2x	18.4x
EV / EBITDA	32.6x	9.73x	21.4x	20.9x	20.7x	20.8x	20.1x	19.2x
EV / EBIT	35.7x	10x	22.3x	21.4x	21.7x	16.5x	15.9x	15x
EV / FCF	-	-	-	-	-	-	-	-
FCF Yield	-	-	-	-	-	-	-	-
Dividend per Share ²	3.75	3.75	3.3	3.5	3.75	3.952	4.044	4.187
Rate of return	5.19%	6.76%	6.78%	7.18%	6.62%	7.7%	7.88%	8.16%
EPS ²	9.791	6.606	-14.55	0.637	6.667	5.086	5.512	6.321
Distribution rate	38.3%	56.8%	-22.7%	549%	56.2%	77.7%	73.4%	66.2%
Net sales ¹	594.6	606.8	615.6	1,000	634.8	688.5	721.9	758.1
EBITDA ¹	545.6	534.3	551	587	643	654.4	690.8	727.9
EBIT ¹	498	517.5	530	571.8	615.7	828.6	871.7	929.4
Net income ¹	923.6	620.7	-1,419	68.1	738.7	564.4	794.9	999.2
Net Debt ¹	10,972	-	6,925	6,845	7,061	7,950	8,209	8,295
Reference price ²	72.20	55.45	48.68	48.76	56.65	51.30	51.30	51.30
Nbr of stocks (in thousands)	94,369	93,764	100,084	110,805	110,750	110,804	-	-
Announcement Date	2/22/22	2/21/23	2/15/24	2/19/25	2/18/26	-	-	-

¹EUR in Million²EUR

Estimates

Add to a list 0 selected To use this feature you must be a member Log in Sign up	P/E (Y)	EV / Sales (Y)	EV / EBITDA (Y)	Dividend Yield (Y)	Capi.($)
COVIVIO	10.09x	19.8x	20.83x	7.7%	6.64B
REALTY INCOME CORPORATION	40.64x	16x	16.28x	5.17%	59.58B
SEGRO PLC	16.88x	23.5x	28.15x	3.42%	17.67B
UNIBAIL-RODAMCO-WESTFIELD SE	8.95x	12.47x	15.29x	5.35%	17.39B
CAPITALAND INTEGRATED COMMERCIAL TRUST	20.04x	16.76x	24.06x	5.03%	14.89B
KLÉPIERRE	10.14x	13.76x	16.36x	5.11%	12.91B
FEDERAL REALTY INVESTMENT TRUST	27.87x	11.04x	17.41x	3.89%	10.19B
MERLIN PROPERTIES SOCIMI, S.A.	8.35x	21.16x	28.63x	3.03%	10.18B
CAPITALAND ASCENDAS REIT	15.48x	11.97x	18.61x	6.22%	9.55B
ALEXANDRIA REAL ESTATE EQUITIES, INC.	32.19x	7.52x	12.26x	5.44%	9.22B
Average	19.06x	15.40x	19.79x	5.04%	16.82B
Weighted average by Cap.	24.88x	15.78x	19.02x	4.95%