Company Valuation: Realty Income Corporation

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 40,507 39,780 41,569 46,745 51,855 55,938 - -
Change - -1.79% 4.5% 12.45% 10.93% 7.87% - -
Enterprise Value (EV) 1 55,691 57,720 62,856 72,527 81,085 87,764 91,068 93,173
Change - 3.64% 8.9% 15.39% 11.8% 8.24% 3.76% 2.31%
P/E 82.3x 44.7x 45.6x 54.5x 48.2x 38x 34.5x 33.7x
PBR 1.69x 1.46x 1.31x 1.23x 1.33x 1.36x 1.36x 1.39x
PEG - 0.7x -4x -2.5x 2.5x 1.2x 3.4x 13.49x
Capitalization / Revenue 20.7x 12.1x 10.5x 9.27x 9.54x 9.58x 8.91x 8.32x
EV / Revenue 28.4x 17.5x 15.9x 14.4x 14.9x 15x 14.5x 13.9x
EV / EBITDA 30.1x 19.4x 17.4x 15.4x 15.8x 15.5x 14.9x 14x
EV / EBIT 58.5x 44.1x 36.5x 31.2x 31.3x 29.4x 27.6x 25x
EV / FCF - - - - - - - -
FCF Yield - - - - - - - -
Dividend per Share 2 2.833 2.967 3.051 3.126 3.217 3.26 3.339 3.436
Rate of return 3.96% 4.68% 5.31% 5.85% 5.71% 5.54% 5.68% 5.84%
EPS 2 0.87 1.42 1.26 0.98 1.17 1.547 1.702 1.745
Distribution rate 326% 209% 242% 319% 275% 211% 196% 197%
Net sales 1 1,960 3,300 3,958 5,044 5,437 5,838 6,275 6,727
EBITDA 1 1,850 2,979 3,617 4,717 5,118 5,668 6,117 6,645
EBIT 1 952 1,309 1,722 2,321 2,594 2,989 3,303 3,730
Net income 1 359.5 869.4 872.3 847.9 1,059 1,467 1,698 1,850
Net Debt 1 15,184 17,940 21,287 25,782 29,230 31,826 35,130 37,236
Reference price 2 71.59 63.43 57.42 53.41 56.37 58.82 58.82 58.82
Nbr of stocks (in thousands) 565,813 627,154 723,949 875,211 919,906 950,997 - -
Announcement Date 22/2/22 21/2/23 20/2/24 24/2/25 24/2/26 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution



P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
38.02x15.03x15.48x5.54% 55.94B
33.44x18.11x21.54x3.34% 122B
39.29x15.32x19.97x3.87% 75.13B
19.76x16.67x19.01x1.04% 39.98B
27.02x11.47x15.9x4.23% 16.98B
14.11x22.83x27.57x3.56% 16.44B
8.82x12.05x14.52x5.92% 14.85B
18.43x16.46x24.15x5.17% 14.42B
31.04x11.42x16.57x4.01% 13.91B
26.28x11.55x16.75x6.14% 13.52B
Average 25.62x 15.09x 19.15x 4.28% 38B
Weighted average by Cap. 30.86x 16.10x 19.57x 3.86%

Y-o-Y evolution of P/E

Valuation ratios - P/E - Realty Income Corporation

Historical PBR trend

Valuation ratios - PBR - Realty Income Corporation

Evolution Enterprise Value / Sales

Valuation ratios - VE_REV - Realty Income Corporation

Change in Enterprise Value/EBITDA

Valuation ratios - VE_EBITDA - Realty Income Corporation


Year-on-year evolution of the Yield

Valuation ratios - Yield - Realty Income Corporation
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