Company Valuation: Klépierre SA

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 11,202 - -
Change - 4.59% 14.69% 12.61% 21.71% 15.95% - -
Enterprise Value (EV) 1 14,327 13,625 14,398 15,325 17,008 18,584 18,505 18,360
Change - -4.9% 5.67% 6.44% 10.98% 9.27% -0.43% -0.78%
P/E 10.9x 14.8x 36.8x 7.26x 7.43x 10.3x 10.8x 10.3x
PBR 0.71x 0.74x 0.88x 0.92x 1.04x 1.05x 1x 0.94x
PEG - -0.6x -0.7x 0x 0.4x -0.6x -2.17x 2.29x
Capitalization / Revenue 5.84x 5.29x 6.05x 6.45x 7.62x 8.36x 8.12x 7.93x
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 15.8x 15.2x
EV / EBIT 18.2x 14.5x 15.3x 15.4x 16.6x 17.1x 16x 15.3x
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% 4.07% 3.47%
Dividend per Share 2 1.7 1.75 1.8 1.8 1.9 1.971 2.042 2.108
Rate of return 8.15% 8.13% 7.29% 6.47% 5.63% 5.05% 5.23% 5.4%
EPS 2 1.906 1.45 0.67 3.83 4.54 3.802 3.614 3.776
Distribution rate 89.2% 121% 269% 47% 41.9% 51.8% 56.5% 55.8%
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 1,127 1,170 1,208
EBIT 1 789 937.8 943.1 993.2 1,027 1,085 1,159 1,203
Net income 1 544.7 415.2 192.7 1,098 1,299 1,215 1,115 1,261
Net Debt 1 8,451 7,479 7,349 7,387 7,347 7,383 7,303 7,158
Reference price 2 20.85 21.53 24.68 27.80 33.74 39.06 39.06 39.06
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 (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
40.27x15.9x16.18x5.21% 59.05B
16.89x23.5x28.16x3.41% 17.66B
8.95x12.47x15.27x5.35% 17.38B
20.21x16.85x24.19x4.99% 15.04B
10.21x13.82x16.43x5.08% 13B
8.37x21.19x28.67x3.03% 10.19B
27.76x10.95x17.26x3.91% 10.14B
15.67x12.06x18.75x6.14% 9.68B
34.78x7.55x12.21x5.39% 9.32B
Average 20.35x 14.92x 19.68x 4.72% 17.94B
Weighted average by Cap. 25.46x 15.59x 18.94x 4.85%

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