Company Valuation: Prime US REIT

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 975.4 479.1 285.4 223.7 283.2 153.8 - -
Change - -50.88% -40.43% -21.62% 26.58% -45.69% - -
Enterprise Value (EV) 1 1,591 1,133 970.2 833.6 890.2 803.2 820.6 825.3
Change - -28.76% -14.39% -14.08% 6.78% -9.77% 2.16% 0.58%
P/E 13.6x -17.7x -2.7x 27.6x 13x 4.46x 3.65x 3.57x
PBR 0.98x 0.54x 0.4x 0.31x 0.37x 0.2x 0.19x 0.19x
PEG - 0x -0x -0x 0x 0.1x 0.2x 1.64x
Capitalization / Revenue 6.22x 2.94x 1.79x 1.59x 2.12x 1.08x 0.99x 0.97x
EV / Revenue 10.1x 6.95x 6.07x 5.91x 6.68x 5.62x 5.3x 5.22x
EV / EBITDA 17.5x 13x 11.4x 12x 14.3x 11.4x 10.6x 10.4x
EV / EBIT 17.5x 13x 11.4x 12x 14.3x 11.4x 10.6x 10.4x
EV / FCF - - - - - - - -
FCF Yield - - - - - - - -
Dividend per Share 2 0.0616 0.0596 0.0246 0.0029 0.0061 0.0128 0.0172 0.019
Rate of return 8.12% 16.2% 11.3% 1.7% 3.1% 12% 16% 17.8%
EPS 2 0.0557 -0.0208 -0.0807 0.0062 0.0152 0.024 0.0293 0.03
Distribution rate 111% -286% -30.5% 46.8% 40.1% 53.3% 58.5% 63.4%
Net sales 1 156.7 163 159.8 141 133.3 142.8 154.8 158.1
EBITDA 1 90.93 87.24 84.96 69.32 62.16 70.41 77.25 79.05
EBIT 1 90.93 87.24 84.96 69.32 62.16 70.41 77.25 79.05
Net income 1 68.19 -26.92 -115.8 8.049 20.33 32.23 36.37 40.82
Net Debt 1 615.2 654.1 684.8 609.9 607 649.4 666.7 671.5
Reference price 2 0.7591 0.3682 0.2182 0.1710 0.1970 0.1070 0.1070 0.1070
Nbr of stocks (in thousands) 1,285,013 1,301,340 1,308,261 1,308,259 1,437,458 1,437,458 - -
Announcement Date 2/16/22 A 2/8/23 A 2/21/24 A 2/19/25 A 2/11/26 A - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
4.54x5.64x11.45x11.74% 157M
33.62x18.01x22.6x3.39% 120B
32.47x14.45x18.56x4.23% 68.82B
37.92x14.94x15.44x5.71% 53.91B
17.76x15.04x17.11x1.16% 37.2B
13.86x24.68x27.03x3.62% 16.32B
27.52x10.92x15.02x4.54% 15.86B
8.24x11.84x14.5x6.06% 14.71B
18.29x16.26x23.63x5.26% 14.22B
29.55x11.24x16.46x4.12% 13.46B
Average 22.38x 14.30x 18.18x 4.98% 35.47B
Weighted average by Cap. 29.37x 15.94x 19.48x 3.95%

Y-o-Y evolution of P/E

Valuation ratios - P/E - Prime US REIT

Historical PBR trend

Valuation ratios - PBR - Prime US REIT

Evolution Enterprise Value / Sales

Valuation ratios - VE_REV - Prime US REIT

Change in Enterprise Value/EBITDA

Valuation ratios - VE_EBITDA - Prime US REIT


Year-on-year evolution of the Yield

Valuation ratios - Yield - Prime US REIT
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