Company Valuation: Paris Realty Fund

Data adjusted to current consolidation scope
Fiscal Period: December 2020 2021 2022 2023 2024 2025
Market Cap 1 91.3 73.6 99.56 70 58.82 48.95
Change - -19.39% 35.28% -29.69% -15.97% -16.78%
Enterprise Value (EV) 1 151.2 126.3 150 133.4 126.3 119
Change - -16.45% 18.73% -11.02% -5.34% -5.75%
P/E 11x 6.68x 24.7x -4.26x -10.9x -4.12x
PBR 0.66x 0.5x 0.69x 0.58x 0.53x 0.5x
PEG - 0.2x -0.4x 0x 0.2x -0x
Capitalization / Revenue 3.59x 2.96x 3.9x 2.47x 2.25x 1.97x
EV / Revenue 5.95x 5.08x 5.87x 4.71x 4.83x 4.78x
EV / EBITDA 15.5x 20.6x 46.4x 31.6x 32.3x 46x
EV / EBIT 15.7x 21.5x 47.5x 32.2x 32.9x 47.3x
EV / FCF 14.5x 39.6x 29.5x -210x 47.3x 40x
FCF Yield 6.89% 2.52% 3.39% -0.48% 2.11% 2.5%
Dividend per Share 2 2.3 4.7 3 1.5 1.5 -
Rate of return 3.8% 9.63% 4.55% 3.23% 3.85% -
EPS 2 5.49 7.3 2.67 -10.89 -3.57 -7.84
Distribution rate 41.9% 64.4% 112% -13.8% -42% -
Net sales 1 25.43 24.86 25.56 28.33 26.16 24.89
EBITDA 1 9.778 6.13 3.232 4.223 3.908 2.586
EBIT 1 9.607 5.885 3.16 4.147 3.84 2.516
Net income 1 8.15 11.03 4.036 -16.43 -5.386 -11.86
Net Debt 1 59.86 52.7 50.39 63.44 67.49 70.09
Reference price 2 60.50 48.80 66.00 46.40 39.00 32.30
Nbr of stocks (in thousands) 1,509 1,508 1,508 1,509 1,508 1,516
Announcement Date 4/13/21 4/14/22 4/14/23 4/17/24 4/22/25 5/7/26
1EUR in Million2EUR
Estimates


P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
- - - - 44.14M
23.7x13.52x15.79x5.25% 16.21B
8.71x14.12x18.24x6.04% 7.01B
23.32x14.91x16.26x4.13% 6.64B
12.28x14.65x15.62x5.2% 6.45B
8.9x16.74x20.17x7.86% 6.16B
10.6x14.95x16.05x6.69% 6.19B
8.74x14.08x18.06x5.7% 6.01B
12.69x12.21x13.05x5.45% 5.23B
Average 13.62x 14.40x 16.65x 5.79% 6.66B
Weighted average by Cap. 15.33x 14.29x 16.58x 5.69%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA


  1. Stock Market
  2. Stocks
  3. PAR Stock
  4. Valuation Paris Realty Fund