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 62,264 - -
Change - -25.07% 8.98% -2.19% -13.2% 36.75% - -
Enterprise Value (EV) 1 72,421 55,308 62,363 61,362 55,468 73,783 75,636 75,916
Change - -23.63% 12.76% -1.61% -9.61% 33.02% 2.51% 0.37%
P/E 37.9x 11.9x 27.6x 28.1x 28.8x 35.2x 33.5x 31.5x
PBR 7.04x 4.87x 5.35x 5.41x 4.92x 4.07x 5.23x 5.39x
PEG - 0x -0.5x -7.4x -1.9x 6.86x 6.75x 5x
Capitalization / Revenue 20.5x 11.8x 11.9x 11.2x 9.44x 12.2x 11.3x 10.9x
EV / Revenue 22.6x 13.2x 13.8x 13.1x 11.5x 14.4x 13.7x 13.3x
EV / EBITDA 30.3x 18.3x 19.1x 18.5x 16.4x 20.3x 18.9x 18.3x
EV / EBIT 43.1x 26x 27.2x 28.1x 24.8x 32.5x 30.9x 29.6x
EV / FCF - - - - - - - -
FCF Yield - - - - - - - -
Dividend per Share 2 8 21.15 12 12 12 12.01 12.37 12.69
Rate of return 2.14% 7.55% 3.93% 4.01% 4.62% 3.6% 3.71% 3.81%
EPS 2 9.87 23.5 11.06 10.64 9.01 9.472 9.942 10.57
Distribution rate 81.1% 90% 108% 113% 133% 127% 124% 120%
Net sales 1 3,204 4,182 4,518 4,696 4,824 5,115 5,520 5,728
EBITDA 1 2,394 3,015 3,263 3,315 3,388 3,628 3,996 4,151
EBIT 1 1,681 2,126 2,293 2,186 2,236 2,269 2,446 2,564
Net income 1 1,732 4,142 1,949 1,873 1,586 1,701 1,890 1,985
Net Debt 1 6,741 6,096 8,733 8,906 9,936 11,519 13,372 13,652
Reference price 2 374.56 280.19 305.00 299.44 259.50 333.24 333.24 333.24
Nbr of stocks (in thousands) 175,355 175,638 175,836 175,183 175,463 186,843 - -
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.($)
80.21x13x35x1.31% 175B
54.87x11.69x22.76x2.08% 98.36B
27.04x11.17x16.93x3.79% 87.33B
63.49x11.84x22.46x2.77% 66.57B
35.18x14.43x20.4x3.6% 62.26B
162.62x8.25x22.84x2.4% 45.86B
45.16x13.6x20.22x4.88% 37.07B
62.35x6.47x17.42x3.06% 34.29B
33.63x15.45x18.8x4.16% 32.56B
Average 62.73x 11.77x 21.87x 3.12% 71.07B
Weighted average by Cap. 63.48x 12.03x 24.43x 2.67%

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