Real-time Estimate
Cboe BZX
03:00:25 2024-05-10 pm EDT
|
5-day change
|
1st Jan Change
|
258.2
USD
|
-0.52%
|
|
+3.17%
|
+4.15%
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Capitalization
1 |
19,881
|
15,481
|
22,926
|
13,723
|
15,914
|
16,667
|
-
|
-
|
Enterprise Value (EV)
1 |
25,609
|
21,722
|
29,155
|
19,638
|
21,719
|
22,731
|
22,573
|
22,565
|
P/E ratio
|
45.2
x
|
27.3
x
|
46.9
x
|
33.8
x
|
39.2
x
|
40.7
x
|
44.5
x
|
42.2
x
|
Yield
|
2.59%
|
3.5%
|
2.37%
|
-
|
3.73%
|
3.74%
|
3.84%
|
3.95%
|
Capitalization / Revenue
|
13.7
x
|
10.4
x
|
16
x
|
8.6
x
|
9.6
x
|
9.77
x
|
9.47
x
|
9.2
x
|
EV / Revenue
|
17.7
x
|
14.6
x
|
20.4
x
|
12.3
x
|
13.1
x
|
13.3
x
|
12.8
x
|
12.5
x
|
EV / EBITDA
|
22.7
x
|
19.3
x
|
23.1
x
|
19
x
|
21.4
x
|
19.2
x
|
19.1
x
|
19
x
|
EV / FCF
|
48.7
x
|
50.1
x
|
50.2
x
|
-
|
26.9
x
|
30.3
x
|
28.4
x
|
30.9
x
|
FCF Yield
|
2.05%
|
2%
|
1.99%
|
-
|
3.71%
|
3.3%
|
3.52%
|
3.24%
|
Price to Book
|
3.2
x
|
2.57
x
|
3.83
x
|
-
|
2.94
x
|
3.35
x
|
3.47
x
|
3.64
x
|
Nbr of stocks (in thousands)
|
66,082
|
65,205
|
65,088
|
64,754
|
64,185
|
64,209
|
-
|
-
|
Reference price
2 |
300.9
|
237.4
|
352.2
|
211.9
|
247.9
|
259.6
|
259.6
|
259.6
|
Announcement Date
|
1/29/20
|
2/4/21
|
2/2/22
|
2/7/23
|
2/6/24
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net sales
1 |
1,451
|
1,486
|
1,431
|
1,596
|
1,658
|
1,706
|
1,759
|
1,812
|
EBITDA
1 |
1,130
|
1,124
|
1,261
|
1,033
|
1,017
|
1,183
|
1,183
|
1,187
|
EBIT
1 |
481.1
|
491.4
|
530
|
500.8
|
525.1
|
511.3
|
544.6
|
573
|
Operating Margin
|
33.17%
|
33.07%
|
37.03%
|
31.39%
|
31.67%
|
29.97%
|
30.96%
|
31.62%
|
Earnings before Tax (EBT)
1 |
464.4
|
599.3
|
515.7
|
433
|
430.7
|
421.7
|
372.8
|
409.2
|
Net income
1 |
439.3
|
568.9
|
488.6
|
408.3
|
405.8
|
449
|
388.2
|
407.3
|
Net margin
|
30.28%
|
38.28%
|
34.13%
|
25.59%
|
24.47%
|
26.32%
|
22.06%
|
22.48%
|
EPS
2 |
6.660
|
8.690
|
7.510
|
6.270
|
6.320
|
6.383
|
5.833
|
6.157
|
Free Cash Flow
1 |
525.3
|
434
|
580.8
|
-
|
806.7
|
749.5
|
795.1
|
731.2
|
FCF margin
|
36.21%
|
29.2%
|
40.58%
|
-
|
48.65%
|
43.93%
|
45.19%
|
40.35%
|
FCF Conversion (EBITDA)
|
46.47%
|
38.6%
|
46.08%
|
-
|
79.31%
|
63.34%
|
67.21%
|
61.59%
|
FCF Conversion (Net income)
|
119.59%
|
76.29%
|
118.88%
|
-
|
198.79%
|
166.92%
|
204.84%
|
179.5%
|
Dividend per Share
2 |
7.800
|
8.310
|
8.360
|
-
|
9.240
|
9.715
|
9.964
|
10.25
|
Announcement Date
|
1/29/20
|
2/4/21
|
2/2/22
|
2/7/23
|
2/6/24
|
-
|
-
|
-
|
Fiscal Period: December |
2021 Q4
|
2022 Q1
|
2022 Q2
|
2022 Q3
|
2022 Q4
|
2023 Q1
|
2023 Q2
|
2023 Q3
|
2023 Q4
|
2024 Q1
|
2024 Q2
|
2024 Q3
|
2024 Q4
|
2025 Q1
|
2025 Q2
|
---|
Net sales
1 |
369.2
|
379.2
|
397.2
|
406.9
|
412.4
|
409.7
|
413.3
|
416.4
|
418.9
|
424.2
|
425.7
|
429.3
|
430.2
|
433.3
|
438.2
|
EBITDA
1 |
334.5
|
257
|
237.5
|
268.3
|
286.3
|
278.2
|
296
|
284.2
|
274.4
|
329.4
|
294.7
|
294.2
|
294.3
|
288.6
|
291.5
|
EBIT
1 |
101.3
|
109.8
|
128.6
|
128.6
|
133.7
|
128.1
|
134.8
|
131.8
|
130.3
|
132.4
|
132.9
|
128.2
|
129.7
|
132.3
|
139.2
|
Operating Margin
|
27.43%
|
28.97%
|
32.38%
|
31.61%
|
32.43%
|
31.28%
|
32.63%
|
31.65%
|
31.11%
|
31.2%
|
31.21%
|
29.87%
|
30.15%
|
30.53%
|
31.76%
|
Earnings before Tax (EBT)
1 |
144.1
|
78.38
|
-
|
-
|
-
|
-
|
-
|
-
|
70.35
|
285.1
|
81.3
|
78.2
|
80.1
|
85.2
|
86.7
|
Net income
1 |
136.9
|
73.25
|
57.05
|
92.84
|
185.2
|
153.5
|
99.62
|
87.28
|
65.39
|
272.7
|
94.25
|
90.32
|
91.56
|
93.93
|
98.84
|
Net margin
|
37.08%
|
19.32%
|
14.36%
|
22.82%
|
44.9%
|
37.48%
|
24.11%
|
20.96%
|
15.61%
|
64.29%
|
22.14%
|
21.04%
|
21.28%
|
21.68%
|
22.56%
|
EPS
2 |
2.100
|
1.120
|
0.8700
|
1.430
|
2.860
|
2.380
|
1.550
|
1.360
|
1.020
|
4.250
|
1.390
|
1.358
|
1.364
|
1.431
|
1.480
|
Dividend per Share
2 |
2.090
|
2.200
|
2.200
|
2.200
|
-
|
2.310
|
2.310
|
2.310
|
2.310
|
2.450
|
2.430
|
2.430
|
2.430
|
2.489
|
2.489
|
Announcement Date
|
2/2/22
|
4/26/22
|
7/26/22
|
10/26/22
|
2/7/23
|
4/27/23
|
7/27/23
|
10/26/23
|
2/6/24
|
4/30/24
|
-
|
-
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net Debt
1 |
5,728
|
6,242
|
6,229
|
5,916
|
5,805
|
6,063
|
5,905
|
5,897
|
Net Cash position
1 |
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Leverage (Debt/EBITDA)
|
5.067
x
|
5.551
x
|
4.941
x
|
5.724
x
|
5.707
x
|
5.123
x
|
4.991
x
|
4.967
x
|
Free Cash Flow
1 |
525
|
434
|
581
|
-
|
807
|
750
|
795
|
731
|
ROE (net income / shareholders' equity)
|
7.04%
|
9.31%
|
8.15%
|
6.97%
|
7.29%
|
7.42%
|
7.56%
|
8.65%
|
ROA (Net income/ Total Assets)
|
3.5%
|
4.44%
|
3.77%
|
3.22%
|
3.28%
|
2.79%
|
3.16%
|
3.53%
|
Assets
1 |
12,545
|
12,821
|
12,967
|
12,685
|
12,367
|
16,086
|
12,278
|
11,540
|
Book Value Per Share
2 |
94.10
|
92.30
|
91.90
|
-
|
84.50
|
77.40
|
74.90
|
71.40
|
Cash Flow per Share
2 |
13.90
|
12.20
|
13.90
|
-
|
15.30
|
14.50
|
15.70
|
16.30
|
Capex
1 |
394
|
659
|
324
|
-
|
173
|
200
|
230
|
248
|
Capex / Sales
|
27.14%
|
44.36%
|
22.67%
|
-
|
10.45%
|
11.72%
|
13.09%
|
13.67%
|
Announcement Date
|
1/29/20
|
2/4/21
|
2/2/22
|
2/7/23
|
2/6/24
|
-
|
-
|
-
|
Last Close Price
259.6
USD Average target price
251.6
USD Spread / Average Target -3.08% Consensus |
1st Jan change
|
Capi.
|
---|
| +4.10% | 16.67B | | +5.29% | 27.99B | | +9.68% | 25.41B | | +2.29% | 21.43B | | +1.00% | 15.93B | | -12.66% | 14.66B | | +0.60% | 13.33B | | +2.30% | 12.86B | | +7.45% | 11.38B | | -5.76% | 5.7B |
Residential REITs
|