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 5,603 - -
Change - -22.49% 15.83% -17.78% -10.41% -6.49% - -
Enterprise Value (EV) 1 15,957 14,199 14,334 13,188 12,746 12,300 12,631 12,655
Change - -11.02% 0.95% -7.99% -3.36% -3.49% 2.69% 0.19%
P/E 10.7x 41.4x -4.56x 21.7x 13.4x 9.44x 9.7x 8.98x
PBR 0.7x 0.55x 0.77x 0.64x 0.57x 0.53x 0.52x 0.51x
PEG - -0.5x 0x -0x 0.3x 0.3x -3.66x 1.13x
Capitalization / Revenue 14.8x 11.2x 12.2x 9.63x 8.41x 7.83x 7.66x 7.32x
EV / Revenue 26x 22.7x 21.5x 19x 17.9x 17.2x 17.3x 16.5x
EV / EBITDA 33.5x 28.6x 26.8x 23.3x 21.6x 20.8x 20.8x 20x
EV / EBIT 34.3x 28.9x 28.4x 23.8x 21.9x 21x 20.7x 19.8x
EV / FCF 23.6x 64.9x 99.2x 90.8x 47.4x 25.3x 33.3x 18.7x
FCF Yield 4.23% 1.54% 1.01% 1.1% 2.11% 3.96% 3% 5.36%
Dividend per Share 2 5.3 5.3 5.3 5.45 5.5 5.616 5.682 5.845
Rate of return 4.31% 5.57% 4.81% 6.03% 6.8% 7.42% 7.51% 7.73%
EPS 2 11.53 2.299 -24.15 4.175 6.028 8.015 7.803 8.423
Distribution rate 46% 231% -21.9% 131% 91.2% 70.1% 72.8% 69.4%
Net sales 1 613.3 625.9 666.8 694.5 712.6 715.8 731.6 765.8
EBITDA 1 476.4 496.5 535 565.7 589.7 592.6 606.1 634.1
EBIT 1 464.6 491.5 505.3 554 582.2 586.1 611.2 638.8
Net income 1 849.3 169.6 -1,787 309.8 448.2 575.3 654.6 822.1
Net Debt 1 6,898 7,177 6,200 6,500 6,754 6,698 7,028 7,052
Reference price 2 122.90 95.15 110.10 90.45 80.90 75.65 75.65 75.65
Nbr of stocks (in thousands) 73,714 73,802 73,881 73,945 74,065 74,060 - -
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.($)
9.44x17.18x20.76x7.42% 6.45B
24.45x13.69x15.97x5.16% 16.48B
9.24x14.39x18.61x5.84% 7.18B
15.34x15.38x16.49x4.72% 7.03B
23.27x14.77x16.07x4.12% 6.64B
10.78x15.11x16.22x6.57% 6.24B
9.01x14.28x18.44x5.51% 6.18B
12.05x11.63x13.22x5.29% 5.02B
20.09x10.47x13.25x6.02% 4.69B
Average 14.85x 14.10x 16.56x 5.63% 7.32B
Weighted average by Cap. 16.24x 14.20x 16.64x 5.54%

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