Company Valuation: Gecina

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 9,059 7,022 8,134 6,688 5,992 5,489 - -
Change - -22.49% 15.83% -17.78% -10.41% -8.4% - -
Enterprise Value (EV) 1 15,957 14,199 14,334 13,188 12,746 12,431 12,624 12,745
Change - -11.02% 0.95% -7.99% -3.36% -2.47% 1.55% 0.96%
P/E 10.7x 41.4x -4.56x 21.7x 13.4x 10.1x 9.49x 8.79x
PBR 0.7x 0.55x 0.77x 0.64x 0.57x 0.51x 0.5x 0.49x
PEG - -0.5x 0x -0x 0.3x 0.5x 1.48x 1.11x
Capitalization / Revenue 14.8x 11.2x 12.2x 9.63x 8.41x 7.66x 7.46x 7.07x
EV / Revenue 26x 22.7x 21.5x 19x 17.9x 17.4x 17.1x 16.4x
EV / EBITDA 33.5x 28.6x 26.8x 23.3x 21.6x 20.8x 20.6x 19.8x
EV / EBIT 34.3x 28.9x 28.4x 23.8x 21.9x 21x 20.6x 20.4x
EV / FCF 23.6x 64.9x 99.2x 90.8x 47.4x 25.5x 33.3x 18.8x
FCF Yield 4.23% 1.54% 1.01% 1.1% 2.11% 3.92% 3% 5.32%
Dividend per Share 2 5.3 5.3 5.3 5.45 5.5 5.653 5.742 5.779
Rate of return 4.31% 5.57% 4.81% 6.03% 6.8% 7.63% 7.75% 7.8%
EPS 2 11.53 2.299 -24.15 4.175 6.028 7.333 7.803 8.423
Distribution rate 46% 231% -21.9% 131% 91.2% 77.1% 73.6% 68.6%
Net sales 1 613.3 625.9 666.8 694.5 712.6 716.1 736.1 776.4
EBITDA 1 476.4 496.5 535 565.7 589.7 596.4 613.9 645
EBIT 1 464.6 491.5 505.3 554 582.2 591.6 611.8 624.4
Net income 1 849.3 169.6 -1,787 309.8 448.2 606.1 640.9 807.6
Net Debt 1 6,898 7,177 6,200 6,500 6,754 6,943 7,136 7,256
Reference price 2 122.90 95.15 110.10 90.45 80.90 74.05 74.05 74.05
Nbr of stocks (in thousands) 73,714 73,802 73,881 73,945 74,065 74,119 - -
Announcement Date 2/17/22 A 2/15/23 A 2/14/24 A 2/13/25 A 2/10/26 A - - -
1EUR in Million2EUR
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
25.12x13.59x15.96x5.06% 16.45B
15.18x15.22x16.25x4.79% 6.81B
23.47x14.25x15.77x4.17% 6.62B
8.65x13.65x17.7x6.4% 6.46B
11.57x14.77x15.93x6.73% 5.91B
7.73x13.81x17.68x5.85% 5.68B
12.08x11.51x13.11x5.39% 4.86B
19.68x10.16x12.76x6.18% 4.57B
Average 15.43x 13.37x 15.65x 5.57% 7.17B
Weighted average by Cap. 17.24x 13.56x 15.84x 5.44%

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