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 11,154 - -
Change - 4.59% 14.69% 12.61% 21.71% 15.45% - -
Enterprise Value (EV) 1 14,327 13,625 14,398 15,325 17,008 18,595 18,502 18,356
Change - -4.9% 5.67% 6.44% 10.98% 9.33% -0.5% -0.79%
P/E 10.9x 14.8x 36.8x 7.26x 7.43x 12.8x 11.2x 10.7x
PBR 0.71x 0.74x 0.88x 0.92x 1.04x 1.09x 1.02x 0.97x
PEG - -0.6x -0.7x 0x 0.4x -0.4x 0.8x 1.99x
Capitalization / Revenue 5.84x 5.29x 6.05x 6.45x 7.62x 8.53x 8.13x 7.95x
EV / Revenue 14.2x 11.7x 12.4x 12.5x 13.4x 14.2x 13.5x 13.1x
EV / EBITDA 17.8x 14.3x 15.6x 15.6x 16.3x 16.3x 16.1x 15.5x
EV / EBIT 18.2x 14.5x 15.3x 15.4x 16.6x 16.4x 15.8x 15.2x
EV / FCF 20.3x 18.6x 19.4x 19.5x 20.3x 23.7x 24.5x 28.8x
FCF Yield 4.91% 5.38% 5.15% 5.14% 4.93% 4.22% 4.08% 3.47%
Dividend per Share 2 1.7 1.75 1.8 1.8 1.9 1.97 2.023 2.063
Rate of return 8.15% 8.13% 7.29% 6.47% 5.63% 5.06% 5.19% 5.29%
EPS 2 1.906 1.45 0.67 3.83 4.54 3.033 3.47 3.657
Distribution rate 89.2% 121% 269% 47% 41.9% 64.9% 58.3% 56.4%
Net sales 1 1,006 1,162 1,165 1,231 1,268 1,308 1,372 1,404
EBITDA 1 806.8 955 921.4 985.3 1,043 1,143 1,147 1,184
EBIT 1 789 937.8 943.1 993.2 1,027 1,132 1,172 1,206
Net income 1 544.7 415.2 192.7 1,098 1,299 1,076 1,099 1,216
Net Debt 1 8,451 7,479 7,349 7,387 7,347 7,441 7,348 7,202
Reference price 2 20.85 21.53 24.68 27.80 33.74 38.96 38.96 38.96
Nbr of stocks (in thousands) 281,847 285,471 285,607 285,533 286,342 286,298 - -
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.($)
42.1x16.08x16.67x4.98% 61.29B
13.64x24.87x29.29x3.29% 17.96B
9.59x12.76x15.93x5.19% 17.39B
20.41x17.16x25.55x4.85% 15.21B
31.22x11.62x18.33x3.6% 10.9B
11.33x22.04x29.16x2.8% 10.48B
16.23x12.49x19.55x5.96% 9.86B
26.19x7.54x12.34x5.34% 9.41B
-160.24x8.21x19.82x1.88% 7.54B
Average 1.16x 14.75x 20.74x 4.21% 17.78B
Weighted average by Cap. 18.50x 15.80x 19.85x 4.5%

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