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 2,279 - -
Change - 7.06% -7.57% 17.56% 4.68% 39.19% - -
Enterprise Value (EV) 1 2,062 2,197 2,201 2,239 2,465 3,143 3,374 3,862
Change - 6.54% 0.21% 1.72% 10.09% 27.5% 7.36% 14.47%
P/E 24.2x 14.3x 14.9x 16.9x 13.6x 5.22x 23.2x 23.1x
PBR 1.81x 1.72x 1.57x 1.64x 1.55x 1.8x 1.51x 1.37x
PEG - 0.2x -1.2x -3.04x 0.6x 0x -0.3x 214.08x
Capitalization / Revenue 8.65x 8.22x 6.74x 7.45x 6.23x 5.3x 3.58x 2.73x
EV / Revenue 13.3x 12.5x 11.2x 10.7x 9.38x 7.31x 5.31x 4.62x
EV / EBITDA 17.4x 16.2x 13.9x 13.2x 14.8x 16x 15.7x 14.6x
EV / EBIT 25.7x 22.2x 24.5x 24.2x 13.5x 25.7x 28.2x 25.9x
EV / FCF - - - - - - - -
FCF Yield - - - - - - - -
Dividend per Share 2 2.28 2.28 2.28 2.28 2.28 2.282 2.323 2.388
Rate of return 6.68% 6.42% 7.1% 6.6% 6.63% 5.4% 5.5% 5.65%
EPS 2 1.41 2.48 2.16 2.04 2.52 8.09 1.826 1.828
Distribution rate 162% 91.9% 106% 112% 90.5% 28.2% 127% 131%
Net sales 1 155.3 175.2 197.2 209.8 262.9 429.6 635.8 835.9
EBITDA 1 118.5 135.9 158.2 169.7 166.9 196.1 214.5 264.7
EBIT 1 80.17 99.08 89.96 92.44 183.1 122.1 119.4 149.4
Net income 1 55.4 99.44 89.15 90.36 117.3 429.3 100.6 123.9
Net Debt 1 717.6 757.5 871 675.2 827.8 863.9 1,095 1,584
Reference price 2 34.14 35.53 32.12 34.55 34.38 42.27 42.27 42.27
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.($)
5.23x7.31x16.02x5.4% 2.28B
80.95x12.99x35.01x1.33% 170B
165.39x8.41x23.11x2.31% 46.16B
18.78x16.75x15.21x5.74% 14.24B
48.34x7.7x13.73x6.05% 14B
88.66x4.43x24x1.89% 12.39B
25.34x16.5x18.31x4.04% 9.13B
-183.25x9.38x15.6x5.08% 6.48B
7.96x15.32x18.32x6.36% 6.36B
42.36x8.41x15.15x5.85% 5.24B
Average 29.98x 10.72x 19.45x 4.41% 28.61B
Weighted average by Cap. 79.53x 11.76x 28.73x 2.36%

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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  4. Valuation LTC Properties, Inc.
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