Unibail-Rodamco-Westfield SE

CHIA:URW Stock Report

Market Cap: AU$17.4b

Unibail-Rodamco-Westfield Valuation

Is URW undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

3/6

Valuation Score 3/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Sales vs Peers

  • Price-To-Sales vs Industry

  • Price-To-Sales vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of URW when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: URW (A$6.2) is trading above our estimate of fair value (A$0.42)

Significantly Below Fair Value: URW is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for URW?

Key metric: As URW is unprofitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for URW. This is calculated by dividing URW's market cap by their current revenue.
What is URW's PS Ratio?
PS Ratio3.6x
Sales€2.97b
Market Cap€10.81b

Price to Sales Ratio vs Peers

How does URW's PS Ratio compare to its peers?

The above table shows the PS ratio for URW vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PSEstimated GrowthMarket Cap
Peer Average7.4x
SCG Scentre Group
7.5x-3.6%AU$18.4b
VCX Vicinity Centres
7.6x-7.3%AU$10.0b
HDN HomeCo Daily Needs REIT
7.9x-0.2%AU$2.6b
RGN Region Group
6.8x5.3%AU$2.5b
URW Unibail-Rodamco-Westfield
3.6x-5.0%AU$10.8b

Price-To-Sales vs Peers: URW is good value based on its Price-To-Sales Ratio (3.6x) compared to the peer average (7.4x).

Price to Sales Ratio vs Industry

How does URW's PS Ratio compare vs other companies in the Global Retail REITs Industry?

6 CompaniesPrice / SalesEstimated GrowthMarket Cap
URW 3.6xIndustry Avg. 6.2xNo. of Companies15PS03.26.49.612.816+
6 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Sales vs Industry: URW is good value based on its Price-To-Sales Ratio (3.6x) compared to the Global Retail REITs industry average (6.2x).

Price to Sales Ratio vs Fair Ratio

What is URW's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

URW PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio3.6x
Fair PS Ratio12.1x

Price-To-Sales vs Fair Ratio: URW is good value based on its Price-To-Sales Ratio (3.6x) compared to the estimated Fair Price-To-Sales Ratio (12.1x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Analyst Forecast: Insufficient data to show price forecast.

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