Company Valuation: Gecina

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 9,059 7,022 8,134 6,688 5,992 5,407 - -
Change - -22.49% 15.83% -17.78% -10.41% -9.76% - -
Enterprise Value (EV) 1 15,957 14,199 14,334 13,188 12,746 12,322 12,508 12,582
Change - -11.02% 0.95% -7.99% -3.36% -3.32% 1.51% 0.59%
P/E 10.7x 41.4x -4.56x 21.7x 13.4x 9.95x 9.35x 8.66x
PBR 0.7x 0.55x 0.77x 0.64x 0.57x 0.51x 0.5x 0.48x
PEG - -0.5x 0x -0x 0.3x 0.5x 1.46x 1.09x
Capitalization / Revenue 14.8x 11.2x 12.2x 9.63x 8.41x 7.5x 7.33x 6.97x
EV / Revenue 26x 22.7x 21.5x 19x 17.9x 17.1x 17x 16.2x
EV / EBITDA 33.5x 28.6x 26.8x 23.3x 21.6x 20.7x 20.4x 19.5x
EV / EBIT 34.3x 28.9x 28.4x 23.8x 21.9x 20.8x 20.4x 20.2x
EV / FCF 23.6x 64.9x 99.2x 90.8x 47.4x 25.3x 33x 18.6x
FCF Yield 4.23% 1.54% 1.01% 1.1% 2.11% 3.95% 3.03% 5.39%
Dividend per Share 2 5.3 5.3 5.3 5.45 5.5 5.647 5.733 5.776
Rate of return 4.31% 5.57% 4.81% 6.03% 6.8% 7.74% 7.86% 7.92%
EPS 2 11.53 2.299 -24.15 4.175 6.028 7.333 7.803 8.423
Distribution rate 46% 231% -21.9% 131% 91.2% 77% 73.5% 68.6%
Net sales 1 613.3 625.9 666.8 694.5 712.6 720.6 737.9 776.1
EBITDA 1 476.4 496.5 535 565.7 589.7 596.3 612.5 644.1
EBIT 1 464.6 491.5 505.3 554 582.2 591.6 611.8 624.4
Net income 1 849.3 169.6 -1,787 309.8 448.2 576 655.5 817.3
Net Debt 1 6,898 7,177 6,200 6,500 6,754 6,915 7,101 7,175
Reference price 2 122.90 95.15 110.10 90.45 80.90 72.95 72.95 72.95
Nbr of stocks (in thousands) 73,714 73,802 73,881 73,945 74,065 74,119 - -
Announcement Date 2/17/22 2/15/23 2/14/24 2/13/25 2/10/26 - - -
1EUR in Million2EUR
Estimates

P/E, Detailed evolution

P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
24.11x13.22x15.53x5.27% 15.77B
23x14.1x15.63x4.26% 6.49B
8.53x13.55x17.58x6.49% 6.41B
14.24x14.62x15.6x5.11% 6.38B
10.6x14.73x15.81x6.92% 5.83B
8.46x13.6x17.52x5.97% 5.61B
11.57x11.2x12.76x5.63% 4.66B
19.02x9.98x12.54x6.39% 4.42B
Average 14.94x 13.13x 15.37x 5.76% 6.95B
Weighted average by Cap. 16.60x 13.29x 15.55x 5.64%

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