Company Valuation: Prologis, Inc.

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 124,473 104,059 123,165 97,897 118,579 120,192 - -
Change - -16.4% 18.36% -20.52% 21.13% 1.36% - -
Enterprise Value (EV) 1 141,632 127,656 151,635 127,457 152,471 157,699 161,182 163,247
Change - -9.87% 18.78% -15.94% 19.62% 3.43% 2.21% 1.28%
P/E 42.7x 27.2x 40.5x 26.4x 36.8x 37.2x 39.4x 35.8x
PBR 3.73x 1.96x 2.32x 1.82x 2.23x - - -
PEG - 5.36x -2x 1.2x -2.7x -18.53x -7.06x 3.65x
Capitalization / Revenue 30x 21.2x 18.1x 13x 14.5x 13.7x 12.7x 11.9x
EV / Revenue 34.1x 26x 22.2x 17x 18.7x 18x 17x 16.1x
EV / EBITDA 44.3x 31.2x 27.2x 22.4x 25.2x 22.6x 21.3x 19.7x
EV / EBIT 87.6x 56x 49.2x 41.1x 44.7x 42.6x 35.9x 31.9x
EV / FCF 47.3x 279x - - - 74,351x 62,498x 46,937x
FCF Yield 2.12% 0.36% - - - 0% 0% 0%
Dividend per Share 2 2.52 3.16 3.48 3.84 4.04 4.28 4.513 4.768
Rate of return 1.5% 2.8% 2.61% 3.63% 3.16% 3.38% 3.57% 3.77%
EPS 2 3.94 4.14 3.29 4.01 3.472 3.402 3.212 3.528
Distribution rate 64% 76.3% 106% 95.8% 116% 126% 140% 135%
Net sales 1 4,148 4,913 6,819 7,515 8,159 8,756 9,479 10,113
EBITDA 1 3,195 4,093 5,569 5,679 6,040 6,970 7,567 8,271
EBIT 1 1,617 2,280 3,084 3,098 3,414 3,705 4,494 5,117
Net income 1 2,934 3,359 3,053 3,726 3,322 3,636 3,300 3,688
Net Debt 1 17,159 23,597 28,470 29,561 33,891 37,507 40,990 43,054
Reference price 2 168.36 112.73 133.30 105.70 127.66 126.45 126.45 126.45
Nbr of stocks (in thousands) 739,327 923,079 923,971 926,175 928,867 950,512 - -
Announcement Date 1/19/22 1/18/23 1/17/24 1/21/25 1/21/26 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution



P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
37.23x18.03x22.66x3.38% 120B
32.37x14.42x18.52x4.25% 68.61B
37.85x14.92x15.42x5.72% 53.82B
17.97x15.21x17.31x1.15% 37.62B
13.88x24.7x27.05x3.61% 16.35B
27.45x10.9x14.99x4.55% 15.82B
8.15x11.78x14.43x6.12% 14.59B
17.97x16.08x23.37x5.35% 14B
29.84x11.08x16.23x4.08% 13.2B
Average 24.75x 15.24x 18.89x 4.25% 39.38B
Weighted average by Cap. 30.59x 15.96x 19.50x 3.95%

Y-o-Y evolution of P/E

Valuation ratios - P/E - Prologis, Inc.

Historical PBR trend

Valuation ratios - PBR - Prologis, Inc.

Evolution Enterprise Value / Sales

Valuation ratios - VE_REV - Prologis, Inc.

Change in Enterprise Value/EBITDA

Valuation ratios - VE_EBITDA - Prologis, Inc.


Year-on-year evolution of the Yield

Valuation ratios - Yield - Prologis, Inc.