Covivio SA
PAR:COV

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Covivio SA
PAR:COV
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Price: 55.9 EUR -0.8% Market Closed
Market Cap: €6.2B

EV/FCFF

60.2
Current
63%
More Expensive
vs 3-y average of 37

Enterprise Value to Free Cash Flow to Firm (EV/FCFF) ratio compares a company`s total enterprise value to the free cash flow available to all investors, both debt and equity holders. It shows how much investors are paying for each dollar of cash flow the business generates before interest payments.

EV/FCFF
60.2
=
Enterprise Value
€14.5B
/
Free Cash Flow to Firm
€240m

Enterprise Value to Free Cash Flow to Firm (EV/FCFF) ratio compares a company`s total enterprise value to the free cash flow available to all investors, both debt and equity holders. It shows how much investors are paying for each dollar of cash flow the business generates before interest payments.

EV/FCFF
60.2
=
Enterprise Value
€14.5B
/
Free Cash Flow to Firm
€240m

Valuation Scenarios

Covivio SA is trading above its 3-year average

If EV/FCFF returns to its 3-Year Average (37), the stock would be worth €34.35 (39% downside from current price).

Statistics
Positive Scenarios
0/4
Maximum Downside
-74%
Maximum Upside
No Upside Scenarios
Average Downside
56%
Scenario EV/FCFF Value Implied Price Upside/Downside
Current Multiple 60.2 €55.9
0%
3-Year Average 37 €34.35
-39%
5-Year Average 34.7 €32.21
-42%
Industry Average 17.9 €16.6
-70%
Country Average 15.8 €14.7
-74%

Forward EV/FCFF
Today’s price vs future free cash flow to firm

Not enough data available to calculate forward EV/FCFF

Peer Comparison

All Multiples
EV/FCFF
P/E
All Countries
Close

Market Distribution

Higher than 93% of companies in France
Percentile
93nd
Based on 1 359 companies
93nd percentile
60.2
Low
0.9 — 10.4
Typical Range
10.4 — 25.1
High
25.1 —
Distribution Statistics
France
Min 0.9
30th Percentile 10.4
Median 15.8
70th Percentile 25.1
Max 2 752.4

Covivio SA
Glance View

Market Cap
6.2B EUR
Industry
Real Estate

Covivio SA, once a modest player in the realm of real estate, has transformed itself into a formidable European powerhouse, bridging the worlds of luxury hotels, cutting-edge office spaces, and high-quality residential properties. This French company, established with a vision of integration and versatility, artfully maneuvers through Europe's top urban landscapes like Paris, Berlin, and Milan. Covivio astutely invests in and manages ultramodern office spaces tailored to the shifting demands of businesses, acquiring long-term leases with reputable tenants. This strategic foresight translates into a steady flow of rental income, which remains a cornerstone of its revenue model. In addition to its office portfolio, Covivio has smartly diversified into the hotel sector, capitalizing on Europe’s robust tourism industry. By forging alliances with renowned hospitality chains, Covivio ensures its properties resonate with a mix of historic charm and contemporary allure, attracting both leisure and business travelers. The company’s residential initiatives further complement its business blueprint; by fostering urban regeneration and sustainable living, Covivio taps into the growing demand for eco-friendly urban housing. Through effective asset management and dynamic portfolio strategies, Covivio crafts a balanced mix of consistent rental income and value accretive opportunities, securing its stature and growth in the competitive European real estate market.

COV Intrinsic Value
101.98 EUR
Undervaluation 45%
Intrinsic Value
Price €55.9
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