Company Valuation: New England Realty Associates Limited Partnership

Data adjusted to current consolidation scope
Fiscal Period: December 2020 2021 2022 2023 2024 2025
Market Cap 1 183.2 247.7 255.3 246.8 289.6 225.3
Change - 35.18% 3.06% -3.3% 17.31% -22.19%
Enterprise Value (EV) 1 465 522.1 616.7 637 677.7 726
Change - 12.27% 18.12% 3.3% 6.39% 7.12%
P/E 129x -91.7x 68.7x 29.3x 18.5x 37.4x
PBR -4.46x -5.07x -4.26x -3.8x -4.68x -3.06x
PEG - 0x -0x 0x 0.2x -0.6x
Capitalization / Revenue 2.94x 3.99x 3.71x 3.28x 3.54x 2.48x
EV / Revenue 7.47x 8.41x 8.96x 8.45x 8.28x 8.01x
EV / EBITDA 13.9x 17.2x 17.6x 17x 15.5x 15.6x
EV / EBIT 30.7x 38.2x 33.2x 30.8x 25.4x 31.3x
EV / FCF 24.3x 28.6x 31x 31.2x 22.2x 30.8x
FCF Yield 4.12% 3.49% 3.23% 3.2% 4.5% 3.24%
Dividend per Share 2 1.28 1.28 1.28 1.52 1.6 1.6
Rate of return 2.55% 1.89% 1.8% 2.18% 1.93% 2.48%
EPS 2 0.3899 -0.7395 1.033 2.378 4.461 1.725
Distribution rate 328% -173% 124% 63.9% 35.9% 92.8%
Net sales 1 62.26 62.07 68.79 75.36 81.81 90.67
EBITDA 1 33.54 30.35 34.96 37.44 43.64 46.49
EBIT 1 15.13 13.68 18.59 20.66 26.65 23.22
Net income 1 1.425 -2.7 3.723 8.454 15.66 6.031
Net Debt 1 281.8 274.4 361.4 390.2 388.2 500.7
Reference price 2 50.16 67.80 71.00 69.70 82.70 64.50
Nbr of stocks (in thousands) 3,653 3,653 3,595 3,541 3,501 3,493
Announcement Date 3/12/21 3/11/22 3/13/23 3/14/24 3/14/25 3/13/26
1USD in Million2USD
Estimates


P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
- - - - 161M
65.15x - - - 70.02B
12.47x4.37x11.22x3.86% 39.48B
18.62x4.04x16.26x1.32% 28.72B
5.68x0.75x1.56x8.71% 27.63B
7.97x1.46x8.19x4.44% 26.54B
14.44x3.15x15.07x2.42% 26.64B
10.23x2.01x7.74x4.1% 20.56B
8.24x2.9x6.79x-.--% 19.76B
7.44x0.82x3x3% 19.02B
Average 16.69x 2.44x 8.73x 3.48% 27.85B
Weighted average by Cap. 24.63x 2.62x 9.23x 3.62%

Y-o-Y evolution of P/E

Valuation ratios - P/E - New England Realty Associates Limited Partnership

Historical PBR trend

Valuation ratios - PBR - New England Realty Associates Limited Partnership

Evolution Enterprise Value / Sales

Valuation ratios - VE_REV - New England Realty Associates Limited Partnership

Change in Enterprise Value/EBITDA

Valuation ratios - VE_EBITDA - New England Realty Associates Limited Partnership

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