Company Valuation: Klépierre

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 5,877 6,146 7,049 7,938 9,661 11,282 - -
Change - 4.59% 14.69% 12.61% 21.71% 16.78% - -
Enterprise Value (EV) 1 14,327 13,625 14,398 15,325 17,008 18,701 18,632 18,482
Change - -4.9% 5.67% 6.44% 10.98% 9.95% -0.37% -0.81%
P/E 10.9x 14.8x 36.8x 7.26x 7.43x 11.6x 11.3x 10.8x
PBR 0.71x 0.74x 0.88x 0.92x 1.04x 1.09x 1.03x 0.97x
PEG - -0.6x -0.7x 0x 0.4x -0.5x 5.4x 1.99x
Capitalization / Revenue 5.84x 5.29x 6.05x 6.45x 7.62x 8.46x 8.2x 8x
EV / Revenue 14.2x 11.7x 12.4x 12.5x 13.4x 14x 13.5x 13.1x
EV / EBITDA 17.8x 14.3x 15.6x 15.6x 16.3x 16.8x 16.2x 15.5x
EV / EBIT 18.2x 14.5x 15.3x 15.4x 16.6x 16.8x 15.9x 15.2x
EV / FCF 20.3x 18.6x 19.4x 19.5x 20.3x 23.8x 24.7x 29x
FCF Yield 4.91% 5.38% 5.15% 5.14% 4.93% 4.2% 4.05% 3.45%
Dividend per Share 2 1.7 1.75 1.8 1.8 1.9 1.966 2.024 2.063
Rate of return 8.15% 8.13% 7.29% 6.47% 5.63% 5% 5.15% 5.24%
EPS 2 1.906 1.45 0.67 3.83 4.54 3.4 3.471 3.659
Distribution rate 89.2% 121% 269% 47% 41.9% 57.8% 58.3% 56.4%
Net sales 1 1,006 1,162 1,165 1,231 1,268 1,333 1,375 1,410
EBITDA 1 806.8 955 921.4 985.3 1,043 1,114 1,152 1,189
EBIT 1 789 937.8 943.1 993.2 1,027 1,111 1,175 1,216
Net income 1 544.7 415.2 192.7 1,098 1,299 1,055 1,075 1,170
Net Debt 1 8,451 7,479 7,349 7,387 7,347 7,419 7,350 7,200
Reference price 2 20.85 21.53 24.68 27.80 33.74 39.34 39.34 39.34
Nbr of stocks (in thousands) 281,847 285,471 285,607 285,533 286,342 286,784 - -
Announcement Date 2/16/22 2/15/23 2/14/24 2/12/25 2/19/26 - - -
1EUR in Million2EUR
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
41.27x15.87x16.45x5.08% 60.08B
17.05x23.8x28.03x3.38% 17.58B
9.56x13.34x16.2x5.25% 17.35B
20.57x17.25x25.68x4.82% 15.44B
30.72x11.49x18.13x3.66% 10.72B
9.87x22.16x29.46x2.84% 10.59B
16.42x12.58x19.69x5.89% 10.05B
25.45x7.43x12.17x5.49% 9.15B
-160.6x8.22x19.84x1.87% 7.55B
Average 1.15x 14.68x 20.63x 4.25% 17.61B
Weighted average by Cap. 18.18x 15.67x 19.71x 4.56%

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