Company Valuation: LTC Properties, Inc.

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 1,344 1,439 1,330 1,564 1,637 2,171 - -
Change - 7.06% -7.57% 17.56% 4.68% 32.61% - -
Enterprise Value (EV) 1 2,062 2,197 2,201 2,239 2,465 2,943 2,742 2,171
Change - 6.54% 0.21% 1.72% 10.09% 19.42% -6.84% -20.84%
P/E 24.2x 14.3x 14.9x 16.9x 13.6x 19.8x 21.9x 23.4x
PBR 1.81x 1.72x 1.57x 1.64x 1.55x 1.54x 1.49x -
PEG - 0.2x -1.2x -3.04x 0.6x -1x -2.33x -3.67x
Capitalization / Revenue 8.65x 8.22x 6.74x 7.45x 6.23x 5.24x 3.55x 2.69x
EV / Revenue 13.3x 12.5x 11.2x 10.7x 9.38x 7.1x 4.49x 2.69x
EV / EBITDA 17.4x 16.2x 13.9x 13.2x 14.8x 14.9x 13x 8.71x
EV / EBIT 25.7x 22.2x 24.5x 24.2x 13.5x 29.3x 30.1x 20.4x
EV / FCF - - - - - - - -
FCF Yield - - - - - - - -
Dividend per Share 2 2.28 2.28 2.28 2.28 2.28 2.282 2.306 2.327
Rate of return 6.68% 6.42% 7.1% 6.6% 6.63% 5.67% 5.73% 5.78%
EPS 2 1.41 2.48 2.16 2.04 2.52 2.032 1.841 1.723
Distribution rate 162% 91.9% 106% 112% 90.5% 112% 125% 135%
Net sales 1 155.3 175.2 197.2 209.8 262.9 414.7 610.8 805.6
EBITDA 1 118.5 135.9 158.2 169.7 166.9 197.7 210.2 249.4
EBIT 1 80.17 99.08 89.96 92.44 183.1 100.5 91.21 106.5
Net income 1 55.4 99.44 89.15 90.36 117.3 103.8 99.75 113.4
Net Debt 1 717.6 757.5 871 675.2 827.8 772.7 571.5 -
Reference price 2 34.14 35.53 32.12 34.55 34.38 40.27 40.27 40.27
Nbr of stocks (in thousands) 39,374 40,505 41,412 45,261 47,614 53,906 - -
Announcement Date 2/17/22 2/16/23 2/15/24 2/24/25 2/24/26 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
19.82x7.1x14.89x5.67% 2.17B
83.24x13.21x35.5x1.31% 172B
167.77x8.63x23.82x2.23% 47.73B
46.53x7.95x14.2x5.74% 14.76B
19.79x16.78x15.14x5.79% 14.12B
92.55x4.63x25.04x1.81% 12.93B
26.15x17.24x18.77x3.94% 9.35B
7.82x15.47x18x6.12% 6.66B
-211.87x9.59x16.17x4.95% 6.65B
37.11x8.45x15.23x5.89% 5.21B
Average 28.89x 10.90x 19.68x 4.35% 29.2B
Weighted average by Cap. 80.99x 11.96x 29.18x 2.32%

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

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