Financials Hudson Pacific Properties, Inc.

Equities

HPP

US4440971095

Commercial REITs

Market Closed - Nyse 04:00:02 2024-04-26 pm EDT 5-day change 1st Jan Change
5.72 USD +0.70% Intraday chart for Hudson Pacific Properties, Inc. -3.54% -38.56%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 5,808 3,643 3,763 1,369 1,310 806.3 - -
Enterprise Value (EV) 1 8,769 7,091 7,595 5,766 5,221 5,079 5,057 5,015
P/E ratio 134 x - 618 x -24.9 x -6.85 x -3.84 x -4.34 x -4.09 x
Yield 2.66% 4.16% 4.05% 10.3% 4.03% 3.06% 4.69% 6.99%
Capitalization / Revenue 7.1 x 4.53 x 4.2 x 1.33 x 1.38 x 0.87 x 0.82 x 0.84 x
EV / Revenue 10.7 x 8.81 x 8.47 x 5.62 x 5.48 x 5.49 x 5.14 x 5.23 x
EV / EBITDA 19.7 x 16.6 x 15.5 x 10.8 x 12.2 x 12.6 x 11.5 x 11 x
EV / FCF - - - - - - - -
FCF Yield - - - - - - - -
Price to Book 1.7 x 1.05 x 1.01 x 0.42 x 0.43 x 0.34 x 0.37 x 0.41 x
Nbr of stocks (in thousands) 154,256 151,685 152,289 140,734 140,748 140,955 - -
Reference price 2 37.65 24.02 24.71 9.730 9.310 5.720 5.720 5.720
Announcement Date 2/20/20 2/17/21 2/16/22 2/8/23 2/12/24 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 818.2 805 896.8 1,026 952.3 925.3 983.6 958.3
EBITDA 1 444.7 427.3 489.6 532.9 426.9 402.9 438.4 457.2
EBIT 1 162.6 127.6 146 159.7 29.03 3.27 61.44 -1.703
Operating Margin 19.88% 15.85% 16.28% 15.56% 3.05% 0.35% 6.25% -0.18%
Earnings before Tax (EBT) 1 55.85 15.82 28.4 -16.52 -163.9 -210.4 -199.9 -200.9
Net income 1 42.72 0.383 6.064 -56.5 -192.2 -198.8 -175.4 -177.5
Net margin 5.22% 0.05% 0.68% -5.51% -20.18% -21.49% -17.83% -18.52%
EPS 2 0.2800 - 0.0400 -0.3900 -1.360 -1.490 -1.317 -1.400
Free Cash Flow - - - - - - - -
FCF margin - - - - - - - -
FCF Conversion (EBITDA) - - - - - - - -
FCF Conversion (Net income) - - - - - - - -
Dividend per Share 2 1.000 1.000 1.000 1.000 0.3750 0.1750 0.2683 0.4000
Announcement Date 2/20/20 2/17/21 2/16/22 2/8/23 2/12/24 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 Q3 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
Net sales 1 227.6 240.5 244.5 251.4 260.4 269.9 252.3 245.2 231.4 223.4 216.2 224.6 238.7 242.6 237
EBITDA 1 125.4 130.6 131.4 130.3 135.5 135.7 122.2 114.8 101.8 88.1 88.51 94.8 109.3 114.1 109.6
EBIT 1 36.87 42.53 39.19 38.88 42.46 39.15 25.1 15.85 3.175 -15.1 -17.68 -9.57 10.66 18.92 13.69
Operating Margin 16.2% 17.68% 16.03% 15.46% 16.31% 14.51% 9.95% 6.46% 1.37% -6.76% -8.18% -4.26% 4.47% 7.8% 5.78%
Earnings before Tax (EBT) - - - 3.546 - -5.656 - - - - - - - - -
Net income 1 -9.295 8.062 -19.79 -7.436 -17.29 -11.98 -20.42 -36.16 -37.6 -97.99 -62.74 -56.09 -41.85 -36.11 -41.3
Net margin -4.08% 3.35% -8.09% -2.96% -6.64% -4.44% -8.1% -14.75% -16.24% -43.86% -29.03% -24.97% -17.53% -14.89% -17.43%
EPS 2 -0.0600 0.0500 -0.1300 -0.0500 -0.1200 -0.0900 -0.1400 -0.2600 -0.2700 -0.7000 -0.4625 -0.4100 -0.3200 -0.2867 -0.4000
Dividend per Share 2 0.2500 0.2500 0.2500 0.2500 0.2500 0.2500 0.2500 0.1250 - - 0.0500 0.0500 0.0500 0.0500 0.0500
Announcement Date 10/26/21 2/16/22 4/27/22 7/26/22 11/2/22 2/8/23 5/8/23 8/1/23 11/1/23 2/12/24 - - - - -
1USD in Million2USD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 2,961 3,448 3,832 4,396 3,911 4,273 4,251 4,208
Net Cash position 1 - - - - - - - -
Leverage (Debt/EBITDA) 6.658 x 8.069 x 7.826 x 8.25 x 9.162 x 10.61 x 9.697 x 9.204 x
Free Cash Flow - - - - - - - -
ROE (net income / shareholders' equity) 1.23% 0.01% 0.49% -1.6% -6.02% -7.45% -6.78% -6.94%
ROA (Net income/ Total Assets) - - - - - - - -
Assets 1 - - - - - - - -
Book Value Per Share 2 22.10 22.90 24.50 23.40 21.80 16.70 15.30 13.90
Cash Flow per Share - - - 2.570 - - - -
Capex - - - - - - - -
Capex / Sales - - - - - - - -
Announcement Date 2/20/20 2/17/21 2/16/22 2/8/23 2/12/24 - - -
1USD in Million2USD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
A-
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
13
Last Close Price
5.72 USD
Average target price
7.973 USD
Spread / Average Target
+39.39%
Consensus
  1. Stock Market
  2. Equities
  3. HPP Stock
  4. Financials Hudson Pacific Properties, Inc.