Company Valuation: RLJ Lodging Trust

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 2,286 1,692 1,799 1,549 1,111 1,679 - -
Change - -26% 6.37% -13.92% -28.27% 51.14% - -
Enterprise Value (EV) 1 4,616 3,815 3,465 3,359 3,016 3,608 3,585 1,679
Change - -17.34% -9.19% -3.05% -10.21% 19.63% -0.66% -53.16%
P/E -6.93x 106x 36.6x 37.8x 745x 456x 322x -
PBR 0.97x 0.71x 0.78x 0.69x 0.51x 0.76x 0.76x -
PEG - -1x 0x -2.4x -7.7x 3x 7.8x -
Capitalization / Revenue 2.91x 1.42x 1.36x 1.13x 0.82x 1.2x 1.18x 1.15x
EV / Revenue 5.87x 3.2x 2.61x 2.45x 2.23x 2.59x 2.52x 1.15x
EV / EBITDA 28.5x 11.3x 9.51x 9.29x 9.01x 10.4x 10.3x 4.8x
EV / EBIT -92.1x 31.4x 22.7x 22.4x 23.8x 27.4x 26.6x -
EV / FCF -871x - 19x 22.6x 116x 78.7x 78.3x -
FCF Yield -0.11% - 5.28% 4.43% 0.86% 1.27% 1.28% -
Dividend per Share 2 0.04 0.12 0.36 0.5 0.6 0.6 0.6067 0.64
Rate of return 0.29% 1.13% 3.07% 4.9% 8.05% 5.42% 5.48% 5.78%
EPS 2 -2.01 0.1 0.32 0.27 0.01 0.0243 0.0343 -
Distribution rate -1.99% 120% 113% 185% 6,000% 2,471% 1,767% -
Net sales 1 785.7 1,194 1,326 1,369 1,350 1,395 1,423 1,454
EBITDA 1 162 336.5 364.5 361.6 334.6 347.5 349.2 350
EBIT 1 -50.11 121.4 152.4 149.9 126.6 131.9 134.6 -
Net income 1 -330.3 16.81 51.29 42.91 3.394 3.471 7.26 -
Net Debt 1 2,330 2,124 1,665 1,810 1,905 1,929 1,905 -
Reference price 2 13.93 10.59 11.72 10.21 7.45 11.07 11.07 11.07
Nbr of stocks (in thousands) 164,099 159,729 153,517 151,693 149,117 149,915 - -
Announcement Date 2/23/22 2/27/23 2/26/24 2/25/25 2/26/26 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
461.29x2.59x10.41x5.36% 1.68B
8.55x10.1x12.27x7.77% 25.89B
16.35x3.07x10.36x6.95% 15.36B
11.97x11.19x11.92x8.34% 11.28B
30.98x4.25x13.31x3.99% 8.29B
22.88x3.65x11.36x5.93% 3.82B
36.08x2.69x10.81x6.54% 3.11B
10.73x10.62x11.28x6.69% 3.1B
16.05x3.07x11.09x3.28% 2.56B
Average 68.32x 5.69x 11.42x 6.09% 8.34B
Weighted average by Cap. 25.47x 7.16x 11.71x 6.87%

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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