Valuation Unibail-Rodamco Euronext Amsterdam

Stocks

Delayed Euronext Amsterdam Other stock markets			5-day change	1st Jan Change
- ^EUR	-.--%		+0.18%	-9.52%

07-09	Unibail-Rodamco-Westfield up, Berenberg confident on growth
07-01	Profit-Taking in Real Estate Stocks, Exane Reassessment	DP

Data adjusted to current consolidation scope

Fiscal Period: December	2021	2022	2023	2024	2025	2026	2027	2028
Market Cap ¹	8,540	6,748	9,305	10,372	13,296	15,258	-	-
Change	-	-20.98%	37.88%	11.47%	28.19%	14.76%	-	-
Enterprise Value (EV) ¹	34,485	29,720	31,279	32,540	31,796	35,401	35,352	35,358
Change	-	-13.82%	5.24%	4.03%	-2.29%	11.34%	-0.14%	0.02%
P/E	-8.78x	38x	-5.71x	69.9x	10.6x	9.59x	8.81x	8.05x
PBR	0.5x	0.35x	0.54x	0.6x	0.77x	0.89x	0.84x	0.79x
PEG	-	-0x	0x	-1x	0x	0.4x	1.01x	0.85x
Capitalization / Revenue	4.66x	3.02x	4.01x	4.27x	5.71x	5.5x	5.4x	5.18x
EV / Revenue	18.8x	13.3x	13.5x	13.4x	13.7x	12.8x	12.5x	12x
EV / EBITDA	20.9x	13.5x	14.2x	13.8x	13.9x	15.9x	15.6x	14.9x
EV / EBIT	21x	13.8x	14.6x	14.1x	14.2x	16.1x	15.8x	15x
EV / FCF	42x	19.4x	35.7x	36.9x	27.6x	23.6x	26.3x	17.8x
FCF Yield	2.38%	5.15%	2.8%	2.71%	3.62%	4.24%	3.81%	5.61%
Dividend per Share ²	-	-	2.5	3.5	4.5	5.49	6.071	6.422
Rate of return	-	-	3.74%	4.81%	4.85%	5.19%	5.74%	6.07%
EPS ²	-7.02	1.28	-11.72	1.04	8.72	11.04	12.01	13.14
Distribution rate	-	-	-21.3%	337%	51.6%	49.7%	50.6%	48.9%
Net sales ¹	1,833	2,231	2,322	2,427	2,328	2,775	2,826	2,943
EBITDA ¹	1,650	2,209	2,199	2,352	2,284	2,223	2,273	2,378
EBIT ¹	1,641	2,152	2,148	2,311	2,241	2,192	2,230	2,362
Net income ¹	-972.1	178.2	-1,629	146.2	1,268	1,655	1,699	1,908
Net Debt ¹	25,945	22,972	21,974	22,168	18,500	20,143	20,094	20,100
Reference price ²	61.62	48.63	66.92	72.72	92.76	105.80	105.80	105.80
Nbr of stocks (in thousands)	138,594	138,767	139,041	142,625	143,334	144,216	-	-
Announcement Date	2/10/22	2/8/23	2/8/24	2/13/25	2/12/26	-	-	-

¹EUR in Million²EUR

Estimates

Add to a list 0 selected To use this feature you must be a member Log in Sign up	P/E (Y)	EV / Sales (Y)	EV / EBITDA (Y)	Dividend Yield (Y)	Capi.($)
REALTY INCOME CORPORATION	42.1x	16.08x	16.67x	4.98%	61.29B
SEGRO PLC	13.64x	24.87x	29.29x	3.29%	17.96B
CAPITALAND INTEGRATED COMMERCIAL TRUST	20.41x	17.16x	25.55x	4.85%	15.21B
KLÉPIERRE	11.24x	13.97x	16.74x	5.02%	12.76B
FEDERAL REALTY INVESTMENT TRUST	31.22x	11.62x	18.33x	3.6%	10.9B
MERLIN PROPERTIES SOCIMI, S.A.	11.33x	22.04x	29.16x	2.8%	10.48B
CAPITALAND ASCENDAS REIT	16.23x	12.49x	19.55x	5.96%	9.86B
ALEXANDRIA REAL ESTATE EQUITIES, INC.	26.19x	7.54x	12.34x	5.34%	9.41B
VORNADO REALTY TRUST	-160.24x	8.21x	19.82x	1.88%	7.54B
Average	1.35x	14.89x	20.83x	4.19%	17.27B
Weighted average by Cap.	18.90x	15.99x	20.03x	4.46%