Company Valuation: Custodian Property Income REIT plc

Data adjusted to current consolidation scope
Fiscal Period: March 2022 2023 2024 2025 2026 2027 2028 2029
Market Cap 1 448.8 393.2 358.9 333.3 386.2 388.9 - -
Change - -12.38% -8.74% -7.13% 15.88% 0.71% - -
Enterprise Value (EV) 1 573.8 558.5 526.4 496.8 557.7 207.6 202 196
Change - -2.67% -5.74% -5.63% 12.26% -62.77% -2.7% -2.97%
P/E 3.57x -5.99x -271x 8.69x 7.68x 10.5x 10.4x 10.5x
PBR - - - - - - - -
PEG - 0x 2.8x -0x 0.4x -0.4x 7.9x -8.08x
Capitalization / Revenue 11.3x 8.91x 7.76x 6.94x 9.29x 8.57x 8.46x 8.36x
EV / Revenue 14.4x 12.7x 11.4x 10.4x 13.4x 4.57x 4.39x 4.22x
EV / EBITDA - - - - - - - -
EV / EBIT 19.1x 18x 16.4x 10.9x 10x 4.56x 4.38x 4.2x
EV / FCF - - - - - - - -
FCF Yield - - - - - - - -
Dividend per Share 2 0.0525 0.055 0.058 0.06 0.06 0.06 0.06 0.06
Rate of return 5.16% 6.17% 7.13% 7.94% 7.51% 7.53% 7.53% 7.53%
EPS 2 0.285 -0.149 -0.003 0.087 0.104 0.076 0.077 0.076
Distribution rate 18.4% -36.9% -1,933% 69% 57.7% 78.9% 77.9% 78.9%
Net sales 1 39.89 44.15 46.24 48 41.56 45.4 46 46.5
EBITDA - - - - - - - -
EBIT 1 30.08 31.05 32.1 45.51 55.5 45.5 46.1 46.7
Net income 1 122.3 -65.82 -1.502 38.16 48.3 37.1 37.7 37.2
Net Debt 1 125 165.2 167.6 163.5 171.5 -181.3 -186.9 -192.9
Reference price 2 1.0180 0.8920 0.8140 0.7560 0.7990 0.7970 0.7970 0.7970
Nbr of stocks (in thousands) 440,850 440,850 440,850 440,850 483,374 488,017 - -
Announcement Date 6/17/22 6/15/23 6/13/24 6/12/25 6/11/26 - - -
1GBP in Million2GBP
Estimates

P/E, Detailed evolution



P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
10.49x4.57x - 7.53% 515M
36.78x14.7x15.18x5.88% 52.39B
16.6x23.3x27.92x3.47% 16.86B
8.3x11.89x14.57x6.01% 15.1B
18.04x16.06x23.26x5.36% 13.95B
9.53x13.3x15.85x5.4% 11.94B
26.07x10.55x16.64x4.13% 9.6B
14.21x11.56x18.16x6.64% 8.91B
34.28x7.44x11.95x5.77% 8.7B
7.19x19.35x26.05x3.45% 8.65B
Average 18.15x 13.27x 18.84x 5.36% 14.66B
Weighted average by Cap. 23.47x 14.76x 18.14x 5.31%

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

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