Company Valuation: Frasers Logistics & Commercial Trust

Data adjusted to current consolidation scope
Fiscal Period: September 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 5,686 4,918 4,528 4,860 4,204 3,708 - -
Change - -13.51% -7.92% 7.32% -13.49% -11.79% - -
Enterprise Value (EV) 1 8,240 6,978 6,826 7,461 6,982 6,578 6,605 6,634
Change - -15.31% -2.19% 9.3% -6.41% -5.79% 0.42% 0.43%
P/E 7.42x 6.12x -38.2x 28.8x 17.4x 18x 16.7x 16.3x
PBR 1.24x 0.93x 0.9x 1x 0.85x 0.8x 0.79x 0.8x
PEG - 1.45x 0x -0x 0.4x -1.2x 2.2x 6.18x
Capitalization / Revenue 12.1x 9.87x 9.38x 9.5x 7.52x 6.93x 6.55x 6.33x
EV / Revenue 17.5x 14x 14.1x 14.6x 12.5x 12.3x 11.7x 11.3x
EV / EBITDA 25.7x 20.9x 22x 23.4x 20x 19.1x 17.8x 16.9x
EV / EBIT 25.7x 20.9x 22x 23.4x 20x 19.2x 18x 17.2x
EV / FCF -315x 7.66x 42.2x 29.3x 23.4x 17.8x 17.1x 16.6x
FCF Yield -0.32% 13.1% 2.37% 3.41% 4.27% 5.63% 5.85% 6.02%
Dividend per Share 2 0.0772 0.0836 0.0807 0.0776 0.0705 0.0649 0.0657 0.0669
Rate of return 4.99% 6.28% 6.65% 6% 6.34% 6.65% 6.73% 6.85%
EPS 2 0.2084 0.2172 -0.0318 0.0449 0.0641 0.0542 0.0584 0.0599
Distribution rate 37% 38.5% -254% 173% 110% 120% 113% 112%
Net sales 1 471.7 498.2 482.5 511.3 558.8 535 566.3 586.1
EBITDA 1 320.7 333.4 309.9 319.3 349.8 344.4 371.1 392.4
EBIT 1 320.7 333.3 309.9 319.2 349.8 342.5 367 385.1
Net income 1 734.8 806.3 -118.1 168.9 243.1 202.7 214.6 225.2
Net Debt 1 2,554 2,061 2,297 2,601 2,778 2,869 2,897 2,926
Reference price 2 1.5465 1.3305 1.2143 1.2932 1.1127 0.9756 0.9756 0.9756
Nbr of stocks (in thousands) 3,676,420 3,696,167 3,728,941 3,757,818 3,778,193 3,801,262 - -
Announcement Date 11/10/21 11/9/22 11/1/23 11/5/24 11/6/25 - - -
1AUD in Million2AUD
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
38.33x18.27x23.19x3.33% 122B
30.72x13.89x17.67x4.46% 65.27B
35.88x14.49x14.96x6.02% 51.17B
17.9x15.13x17.23x1.15% 37.3B
16.16x25.1x27.49x3.55% 16.54B
25.87x10.45x14.4x4.85% 14.85B
8.19x11.87x14.55x6.1% 14.73B
18.03x16.09x23.38x5.35% 14.01B
28.7x11.04x16.11x4.25% 13.05B
Average 24.42x 15.15x 18.78x 4.34% 38.8B
Weighted average by Cap. 30.34x 15.92x 19.52x 4.01%

Y-o-Y evolution of P/E

Valuation ratios - P/E - Frasers Logistics & Commercial Trust

Historical PBR trend

Valuation ratios - PBR - Frasers Logistics & Commercial Trust

Evolution Enterprise Value / Sales

Valuation ratios - VE_REV - Frasers Logistics & Commercial Trust

Change in Enterprise Value/EBITDA

Valuation ratios - VE_EBITDA - Frasers Logistics & Commercial Trust


Year-on-year evolution of the Yield

Valuation ratios - Yield - Frasers Logistics & Commercial Trust
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