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 11,127 - -
Change - 4.59% 14.69% 12.61% 21.71% 15.17% - -
Enterprise Value (EV) 1 14,327 13,625 14,398 15,325 17,008 18,596 18,521 18,379
Change - -4.9% 5.67% 6.44% 10.98% 9.34% -0.4% -0.77%
P/E 10.9x 14.8x 36.8x 7.26x 7.43x 10.5x 11x 10.5x
PBR 0.71x 0.74x 0.88x 0.92x 1.04x 1.06x 1x 0.95x
PEG - -0.6x -0.7x 0x 0.4x -0.6x -2.41x 2.23x
Capitalization / Revenue 5.84x 5.29x 6.05x 6.45x 7.62x 8.31x 8.07x 7.87x
EV / Revenue 14.2x 11.7x 12.4x 12.5x 13.4x 13.9x 13.4x 13x
EV / EBITDA 17.8x 14.3x 15.6x 15.6x 16.3x 16.5x 15.9x 15.2x
EV / EBIT 18.2x 14.5x 15.3x 15.4x 16.6x 17.2x 16x 15.4x
EV / FCF 20.3x 18.6x 19.4x 19.5x 20.3x 23.7x 24.6x 28.9x
FCF Yield 4.91% 5.38% 5.15% 5.14% 4.93% 4.22% 4.07% 3.47%
Dividend per Share 2 1.7 1.75 1.8 1.8 1.9 1.97 2.038 2.103
Rate of return 8.15% 8.13% 7.29% 6.47% 5.63% 5.08% 5.25% 5.42%
EPS 2 1.906 1.45 0.67 3.83 4.54 3.701 3.532 3.699
Distribution rate 89.2% 121% 269% 47% 41.9% 53.2% 57.7% 56.8%
Net sales 1 1,006 1,162 1,165 1,231 1,268 1,339 1,379 1,413
EBITDA 1 806.8 955 921.4 985.3 1,043 1,126 1,168 1,206
EBIT 1 789 937.8 943.1 993.2 1,027 1,080 1,154 1,195
Net income 1 544.7 415.2 192.7 1,098 1,299 1,182 1,098 1,244
Net Debt 1 8,451 7,479 7,349 7,387 7,347 7,468 7,393 7,252
Reference price 2 20.85 21.53 24.68 27.80 33.74 38.80 38.80 38.80
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.($)
40.22x15.97x16.21x5.18% 59.56B
17.07x23.68x28.62x3.38% 17.67B
9.39x12.53x15.35x5.31% 17.23B
20.63x17.08x24.32x4.89% 15.22B
10.48x13.88x16.51x5.08% 12.84B
9.48x21.66x29.3x2.93% 10.4B
28.26x11.2x17.59x3.84% 10.33B
15.54x12x18.66x6.19% 9.52B
26.96x7.23x11.38x5.95% 8.44B
Average 19.78x 15.03x 19.77x 4.75% 17.91B
Weighted average by Cap. 25.27x 15.76x 19.09x 4.83%

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