Financials Peakstone Realty Trust

Equities

PKST

US39818P7996

Commercial REITs

Market Closed - Nyse Other stock markets 04:00:02 2024-05-10 pm EDT			5-day change	1st Jan Change
14.87 ^USD	-0.20%		+7.21%	-25.39%

May. 07	Transcript : Peakstone Realty Trust, Q1 2024 Earnings Call, May 07, 2024
May. 07	Peakstone Realty Trust Approves Dividend for the Quarter Ended June 30, 2024, Payable on July 18, 2024	CI

Valuation

Fiscal Period: December	2023	2024	2025	2026
Capitalization ¹	717.7	540.5	-	-
Enterprise Value (EV) ¹	1,808	1,714	1,937	1,900
P/E ratio	-1.29 x	58.3 x	48 x	-74.4 x
Yield	3.76%	6.05%	6.05%	6.05%
Capitalization / Revenue	2.82 x	2.15 x	2.15 x	2.09 x
EV / Revenue	7.11 x	6.83 x	7.72 x	7.35 x
EV / EBITDA	11.5 x	10.2 x	11.3 x	10.1 x
EV / FCF	-	-	-	-
FCF Yield	-	-	-	-
Price to Book	-	-	-	-
Nbr of stocks (in thousands)	36,013	36,347	-	-
Reference price ²	19.93	14.87	14.87	14.87
Announcement Date	2/22/24	-	-	-

¹USD in Million²USD

Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December	2022	2023	2024	2025	2026
Net sales ¹	-	254.3	250.9	250.8	258.4
EBITDA ¹	-	157.7	167.3	171.5	187.7
EBIT ¹	-	-364	48.55	61.66	69.21
Operating Margin	-	-143.14%	19.35%	24.58%	26.78%
Earnings before Tax (EBT)	-	-	-	-	-
Net income ¹	-401.8	-557.9	17.65	0.93	-7.133
Net margin	-	-219.41%	7.03%	0.37%	-2.76%
EPS ²	-11.41	-15.50	0.2550	0.3100	-0.2000
Free Cash Flow	-	-	-	-	-
FCF margin	-	-	-	-	-
FCF Conversion (EBITDA)	-	-	-	-	-
FCF Conversion (Net income)	-	-	-	-	-
Dividend per Share ²	-	0.7500	0.9000	0.9000	0.9000
Announcement Date	3/24/23	2/22/24	-	-	-

¹USD in Million²USD

Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December	2023 Q2	2023 Q3	2023 Q4	2024 Q1	2024 Q2	2024 Q3	2024 Q4
Net sales ¹	62.54	61.71	63.06	59.23	62.94	62.54	62.4
EBITDA ¹	-360.1	38.46	-	37.78	40.47	41.01	38.8
EBIT ¹	-390.6	13.45	1.086	12.99	12.41	12.43	11.01
Operating Margin	-624.51%	21.8%	1.72%	21.93%	19.72%	19.87%	17.65%
Earnings before Tax (EBT)	-	-	-	-	-	-	-
Net income ¹	-416.5	-127.6	-19.89	5.025	5.684	3.425	2.293
Net margin	-665.92%	-206.76%	-31.54%	8.48%	9.03%	5.48%	3.67%
EPS ²	-11.59	-3.550	-0.5500	0.1400	0.0850	0.0550	0.0150
Dividend per Share	-	-	-	-	-	-	-
Announcement Date	8/8/23	11/9/23	2/22/24	5/7/24	-	-	-

¹USD in Million²USD

Estimates

Balance Sheet Analysis

Fiscal Period: December	2022	2023	2024	2025	2026
Net Debt ¹	-	1,090	1,174	1,396	1,360
Net Cash position ¹	-	-	-	-	-
Leverage (Debt/EBITDA)	-	6.913 x	7.018 x	8.144 x	7.245 x
Free Cash Flow	-	-	-	-	-
ROE (net income / shareholders' equity)	-	-	0.44%	-	-
ROA (Net income/ Total Assets)	-	-	-	-	-
Assets ¹	-	-	-	-	-
Book Value Per Share	-	-	-	-	-
Cash Flow per Share	-	-	-	-	-
Capex	-	-	-	-	-
Capex / Sales	-	-	-	-	-
Announcement Date	3/24/23	2/22/24	-	-	-

¹USD in Million

Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Ratings for Peakstone Realty Trust

Trading Rating

Investor Rating

ESG Refinitiv

More Ratings

Analysts' Consensus

Sell

Buy

Mean consensus

UNDERPERFORM

Number of Analysts

Last Close Price

14.87 USD

Average target price

13.5 USD

Spread / Average Target

-9.21%

Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

Company calendar

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SL GREEN REALTY CORP.	+15.67%	3.39B
INMOBILIARIA COLONIAL SOCIMI, S.A.	-11.53%	3.32B
SOCIÉTÉ FONCIÈRE LYONNAISE	+0.30%	3.1B

Office REITs