Company Valuation: Public Storage

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 65,681 49,212 53,630 52,457 45,533 55,740 - -
Change - -25.07% 8.98% -2.19% -13.2% 22.42% - -
Enterprise Value (EV) 1 72,421 55,308 62,363 61,362 55,468 68,536 68,907 69,201
Change - -23.63% 12.76% -1.61% -9.61% 23.56% 0.54% 0.43%
P/E 37.9x 11.9x 27.6x 28.1x 28.8x 29.5x 30.2x 28.2x
PBR 7.04x 4.87x 5.35x 5.41x 4.92x 4.33x 4.68x 4.83x
PEG - 0x -0.5x -7.4x -1.9x 2.4x -13.48x 4.06x
Capitalization / Revenue 20.5x 11.8x 11.9x 11.2x 9.44x 11x 10.3x 10x
EV / Revenue 22.6x 13.2x 13.8x 13.1x 11.5x 13.5x 12.7x 12.5x
EV / EBITDA 30.3x 18.3x 19.1x 18.5x 16.4x 18.9x 17.3x 17x
EV / EBIT 43.1x 26x 27.2x 28.1x 24.8x 29.3x 27.4x 26.2x
EV / FCF - - - - - - - -
FCF Yield - - - - - - - -
Dividend per Share 2 8 21.15 12 12 12 12.02 12.31 12.66
Rate of return 2.14% 7.55% 3.93% 4.01% 4.62% 4.03% 4.13% 4.24%
EPS 2 9.87 23.5 11.06 10.64 9.01 10.11 9.882 10.57
Distribution rate 81.1% 90% 108% 113% 133% 119% 125% 120%
Net sales 1 3,204 4,182 4,518 4,696 4,824 5,068 5,426 5,550
EBITDA 1 2,394 3,015 3,263 3,315 3,388 3,630 3,975 4,076
EBIT 1 1,681 2,126 2,293 2,186 2,236 2,336 2,518 2,641
Net income 1 1,732 4,142 1,949 1,873 1,586 1,875 1,971 2,068
Net Debt 1 6,741 6,096 8,733 8,906 9,936 12,796 13,167 13,461
Reference price 2 374.56 280.19 305.00 299.44 259.50 298.31 298.31 298.31
Nbr of stocks (in thousands) 175,355 175,638 175,836 175,183 175,463 186,852 - -
Announcement Date 22/2/22 21/2/23 20/2/24 24/2/25 12/2/26 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
80.84x12.91x34.76x1.34% 169B
58.03x11.65x22.69x2.08% 98.18B
25.48x10.75x16.28x4.02% 82.77B
62.3x11.88x22.03x2.78% 65.41B
29.51x13.52x18.88x4.03% 55.74B
154.63x8.04x22.1x2.44% 43.8B
41.11x12.57x18.86x5.4% 33.46B
62.1x6.46x17.37x3.07% 34.15B
29.95x14.33x17.44x4.66% 29.55B
Average 60.44x 11.35x 21.16x 3.31% 67.98B
Weighted average by Cap. 62.64x 11.70x 23.93x 2.78%

Y-o-Y evolution of P/E

Valuation ratios - P/E - Public Storage

Historical PBR trend

Valuation ratios - PBR - Public Storage

Evolution Enterprise Value / Sales

Valuation ratios - VE_REV - Public Storage

Change in Enterprise Value/EBITDA

Valuation ratios - VE_EBITDA - Public Storage


Year-on-year evolution of the Yield

Valuation ratios - Yield - Public Storage