Company Valuation: Covivio

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 6,813 5,199 4,872 5,403 6,274 5,212 - -
Change - -23.69% -6.29% 10.89% 16.12% -16.92% - -
Enterprise Value (EV) 1 17,785 5,199 11,797 12,248 13,335 13,162 13,419 13,509
Change - -70.77% 126.9% 3.82% 8.88% -1.29% 1.95% 0.67%
P/E 7.37x 8.39x -3.34x 76.5x 8.5x 10.1x 9.66x 7.44x
PBR 0.79x 0.55x 0.6x 0.66x 0.73x 0.54x 0.53x 0.51x
PEG - -0.3x 0x -1x 0x -0.3x 2.26x 0.2x
Capitalization / Revenue 11.5x 8.57x 7.91x 5.4x 9.88x 7.57x 7.22x 6.87x
EV / Revenue 29.9x 8.57x 19.2x 12.2x 21x 19.1x 18.6x 17.8x
EV / EBITDA 32.6x 9.73x 21.4x 20.9x 20.7x 20.1x 19.4x 18.6x
EV / EBIT 35.7x 10x 22.3x 21.4x 21.7x 17x 16.4x 14.5x
EV / FCF - - - - - - - -
FCF Yield - - - - - - - -
Dividend per Share 2 3.75 3.75 3.3 3.5 3.75 3.953 4.051 4.182
Rate of return 5.19% 6.76% 6.78% 7.18% 6.62% 8.4% 8.61% 8.89%
EPS 2 9.791 6.606 -14.55 0.637 6.667 4.672 4.871 6.321
Distribution rate 38.3% 56.8% -22.7% 549% 56.2% 84.6% 83.2% 66.2%
Net sales 1 594.6 606.8 615.6 1,000 634.8 688.5 721.9 758.1
EBITDA 1 545.6 534.3 551 587 643 654.4 690.8 727.9
EBIT 1 498 517.5 530 571.8 615.7 773.3 817.4 932.9
Net income 1 923.6 620.7 -1,419 68.1 738.7 564.4 794.9 999.2
Net Debt 1 10,972 - 6,925 6,845 7,061 7,950 8,207 8,297
Reference price 2 72.20 55.45 48.68 48.76 56.65 47.04 47.04 47.04
Nbr of stocks (in thousands) 94,369 93,764 100,084 110,805 110,750 110,804 - -
Announcement Date 22/2/22 21/2/23 15/2/24 19/2/25 18/2/26 - - -
1EUR in Million2EUR
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
10.07x19.12x20.11x8.4% 5.98B
37.53x14.88x15.38x5.76% 53.44B
16.52x23.23x27.83x3.49% 16.95B
8.06x11.97x14.66x5.92% 15.43B
17.99x16.26x23.64x5.25% 14.26B
9.29x13.32x15.87x5.38% 12.04B
26.17x10.57x16.63x4.12% 9.64B
36.46x7.66x12.31x5.41% 9.29B
14.58x11.77x18.5x6.47% 9.15B
7.29x19.52x26.41x3.4% 8.83B
Average 18.40x 14.83x 19.13x 5.36% 15.5B
Weighted average by Cap. 23.40x 15.05x 18.36x 5.34%

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

LAST HOURS | 40% Discount: The Best Subscriber-Only Tools to Unlock Hidden Opportunities!
d
:
:
SEIZE THE OFFER!