Company Valuation: EPR Properties

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 3,553 2,830 3,650 3,353 3,799 4,567 - -
Change - -20.34% 28.97% -8.12% 13.3% 20.19% - -
Enterprise Value (EV) 1 6,068 5,532 6,388 6,211 6,663 7,998 7,999 8,097
Change - -8.83% 15.47% -2.77% 7.29% 20.03% 0.01% 1.23%
P/E 47.5x 18.6x 24.6x 27.7x 15.2x 19.5x 19.3x 18.5x
PBR 1.36x 1.12x 1.49x 1.44x 1.63x 1.99x 2.01x 2.01x
PEG - 0x -8.32x -1.5x 0x -2.91x 18.86x 4.13x
Capitalization / Revenue 6.68x 4.3x 5.17x 4.8x 5.29x 5.84x 5.49x 5.25x
EV / Revenue 11.4x 8.41x 9.05x 8.9x 9.28x 10.2x 9.61x 9.31x
EV / EBITDA 14.8x 10.8x 11.5x 11.5x 11.9x 13x 12.2x 11.6x
EV / EBIT 28.1x 17.4x 17x 16.2x 15.6x 19.1x 18x 16.9x
EV / FCF - - - - - - - -
FCF Yield - - - - - - - -
Dividend per Share 2 1.5 3.25 3.3 3.4 3.52 3.697 3.797 3.894
Rate of return 3.16% 8.62% 6.81% 7.68% 7.05% 6.2% 6.37% 6.53%
EPS 2 1 2.03 1.97 1.6 3.28 3.06 3.092 3.23
Distribution rate 150% 160% 168% 213% 107% 121% 123% 121%
Net sales 1 531.7 658 705.7 698.1 718.4 781.8 832.4 869.6
EBITDA 1 409.7 513.1 557.4 540.2 559.6 615.9 656.5 695.6
EBIT 1 215.7 318.6 376.7 382.3 428 419.5 444.2 478.9
Net income 1 74.47 152.1 148.9 121.9 250.8 246.7 255.1 267.3
Net Debt 1 2,516 2,702 2,738 2,858 2,864 3,431 3,432 3,530
Reference price 2 47.49 37.72 48.45 44.28 49.90 59.61 59.61 59.61
Nbr of stocks (in thousands) 74,805 75,021 75,329 75,731 76,140 76,609 - -
Announcement Date 2/22/22 2/22/23 2/28/24 2/26/25 2/25/26 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
23.37x13.39x15.65x5.33% 15.98B
8.39x13.84x17.87x6.27% 6.72B
22.88x14.63x16.04x4.21% 6.51B
12.33x14.69x15.66x5.18% 6.47B
10.02x14.44x15.5x7.08% 5.83B
8.49x13.86x17.79x5.86% 5.82B
8.38x16.35x19.69x8.3% 5.8B
12.73x12.23x13.07x5.43% 5.24B
Average 13.32x 14.18x 16.41x 5.96% 7.3B
Weighted average by Cap. 15.11x 14.07x 16.32x 5.83%

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