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 5,351 - -
Change - -22.49% 15.83% -17.78% -10.41% -10.69% - -
Enterprise Value (EV) 1 15,957 14,199 14,334 13,188 12,746 12,236 12,382 12,385
Change - -11.02% 0.95% -7.99% -3.36% -4% 1.19% 0.03%
P/E 10.7x 41.4x -4.56x 21.7x 13.4x 9.85x 9.25x 8.57x
PBR 0.7x 0.55x 0.77x 0.64x 0.57x 0.5x 0.49x 0.48x
PEG - -0.5x 0x -0x 0.3x 0.5x 1.45x 1.08x
Capitalization / Revenue 14.8x 11.2x 12.2x 9.63x 8.41x 7.44x 7.3x 6.98x
EV / Revenue 26x 22.7x 21.5x 19x 17.9x 17x 16.9x 16.1x
EV / EBITDA 33.5x 28.6x 26.8x 23.3x 21.6x 20.6x 20.4x 19.5x
EV / EBIT 34.3x 28.9x 28.4x 23.8x 21.9x 20.7x 20.2x 19.8x
EV / FCF 23.6x 64.9x 99.2x 90.8x 47.4x 25.1x 32.7x 18.3x
FCF Yield 4.23% 1.54% 1.01% 1.1% 2.11% 3.98% 3.06% 5.47%
Dividend per Share 2 5.3 5.3 5.3 5.45 5.5 5.654 5.741 5.804
Rate of return 4.31% 5.57% 4.81% 6.03% 6.8% 7.83% 7.95% 8.04%
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% 77.1% 73.6% 68.9%
Net sales 1 613.3 625.9 666.8 694.5 712.6 719.6 733.4 767.1
EBITDA 1 476.4 496.5 535 565.7 589.7 595.2 608.1 635.6
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 6,884 7,030 7,034
Reference price 2 122.90 95.15 110.10 90.45 80.90 72.20 72.20 72.20
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.($)
9.82x16.98x20.53x7.85% 6.08B
24.69x13.43x15.76x5.15% 16.16B
24.05x14.52x16x4.07% 6.79B
8.79x13.73x17.82x6.3% 6.62B
14.43x14.75x15.8x5.03% 6.51B
10.63x14.78x15.86x6.9% 5.91B
8.67x13.78x17.75x5.83% 5.79B
11.54x11.18x12.73x5.65% 4.67B
19.7x10.19x12.8x6.17% 4.58B
Average 14.70x 13.70x 16.12x 5.88% 7.01B
Weighted average by Cap. 16.34x 13.81x 16.22x 5.74%

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