Company Valuation: Vornado Realty Trust

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 8,024 3,992 5,377 8,015 6,392 7,077 - -
Change - -50.25% 34.69% 49.07% -20.25% 10.72% - -
Enterprise Value (EV) 1 14,879 11,491 12,631 15,524 12,736 15,535 15,076 15,189
Change - -22.77% 9.92% 22.9% -17.96% 21.98% -2.96% 0.75%
P/E 79x -9.77x 123x 1,051x 7.92x -152x 237x 292x
PBR 1.23x 0.68x 1.06x 1.56x 1.06x 1.32x 1.39x 1.46x
PEG - 0x -1x -12.7x 0x 1x -1x -15.6x
Capitalization / Revenue 5.05x 2.22x 2.97x 4.48x 3.53x 3.79x 3.51x 3.31x
EV / Revenue 9.36x 6.38x 6.97x 8.68x 7.04x 8.31x 7.48x 7.1x
EV / EBITDA 23x 14.3x 17.3x 22.2x 17.6x 19.8x 17.6x 15.1x
EV / EBIT 63.3x 38.6x 51.3x 63.1x 49.2x 74.1x 59.4x 54.9x
EV / FCF - - - - - - - -
FCF Yield - - - - - - - -
Dividend per Share 2 2.12 2.12 0.675 0.74 0.74 0.7514 0.9333 1.092
Rate of return 5.06% 10.2% 2.39% 1.76% 2.22% 1.98% 2.46% 2.88%
EPS 2 0.53 -2.13 0.23 0.04 4.2 -0.25 0.16 0.13
Distribution rate 400% -99.5% 293% 1,850% 17.6% -301% 583% 840%
Net sales 1 1,589 1,800 1,811 1,788 1,810 1,869 2,016 2,140
EBITDA 1 647.5 802 731 698.7 723.4 783.7 856.2 1,008
EBIT 1 235.2 297.5 246 246 258.7 209.7 253.8 276.6
Net income 1 101.1 -408.6 43.38 8.275 842.9 -58.64 4.303 2.584
Net Debt 1 6,856 7,499 7,254 7,509 6,345 8,459 7,999 8,112
Reference price 2 41.86 20.81 28.25 42.04 33.28 37.90 37.90 37.90
Nbr of stocks (in thousands) 191,681 191,817 190,322 190,649 192,055 186,721 - -
Announcement Date 2/14/22 2/13/23 2/12/24 2/10/25 2/9/26 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution

P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
-151.6x8.31x19.82x1.98% 7.08B
40.15x15.85x16.08x5.23% 58.86B
16.79x23.41x28.29x3.43% 17.46B
8.97x12.48x14.82x5.35% 17.27B
20.46x16.99x24.39x4.93% 15.14B
10.25x13.86x16.47x5.06% 12.95B
9.34x21.44x29x2.98% 10.29B
28.05x11.09x17.49x3.86% 10.25B
15.54x12x18.66x6.19% 9.54B
27.81x7.14x11.62x6.14% 8.18B
Average 2.57x 14.26x 19.66x 4.51% 16.7B
Weighted average by Cap. 17.60x 15.33x 18.98x 4.75%

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

  1. Stock Market
  2. Stocks
  3. VNO Stock
  4. Valuation Vornado Realty Trust