Brookfield Property Partners L.P.
Financial ratios & Valuation

Historical Multiples (2014 – 2023)

2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 TTM Median
Valuation Ratios
Price/Earnings ratio
4.708.0112.8460.1412.354.21-5.692.194.56-8.52-8.224.21
Price/Sales ratio
1.241.751.581.331.301.621.771.080.610.390.491.62
Price/Book Value ratio
0.190.270.240.230.200.290.280.170.100.42N/A0.29
Price/Cash Flow ratio
11.2514.4711.3712.806.9521.318.7912.66-85.80-5.626.1721.31
Price/Free Cash Flow ratio
11.9716.17-1.18-1.48-0.6452.7810.0717.04-17.49-3.1414.90-0.64
Price/Earnings Growth ratio
0.01-0.24-0.33-0.760.030.010.03-0.00-0.060.050.420.03
Dividend Yield
12.19%8.84%9.38%3.67%11.21%4.30%4.97%4.66%9.21%12.84%11.31%11.21%
Profitability Indicator Ratios
Gross Profit Margin
52.22%52.23%54.57%53.80%56.99%60.16%60.06%55.84%54.90%50.12%52.46%60.16%
Operating Profit Margin
82.07%55.49%32.99%37.40%45.71%69.25%31.48%57.87%53.84%36.15%28.79%69.25%
Pretax Profit Margin
127.96%79.66%40.02%43.35%51.59%40.87%-27.87%56.18%17.33%-23.91%-28.82%40.87%
Net Profit Margin
26.41%21.94%12.33%2.21%10.55%38.48%-31.21%49.28%13.52%-4.66%-5.83%38.48%
Effective Tax Rate
21.01%2.58%-26.84%7.21%2.16%5.84%-11.96%12.28%22.00%18.47%8.91%2.16%
Return on Assets
1.76%1.48%0.84%0.16%0.62%2.82%-1.90%3.12%0.88%-0.33%-0.42%2.82%
Return On Equity
4.08%3.44%1.93%0.38%1.63%7.02%-4.95%7.77%2.38%-5.03%-8.66%7.02%
Return on Capital Employed
5.79%3.92%2.52%3.06%2.84%5.52%2.10%4.49%4.48%3.55%3.17%2.84%
Liquidity Ratios
Current Ratio
N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A0.88N/A
Quick Ratio
1.241.670.270.671.810.760.910.710.280.250.880.88
Cash ratio
0.350.310.170.150.520.160.260.120.160.060.030.16
Days of Sales Outstanding
49.6632.0328.3725.4663.2725.2245.9547.5554.56122.7864.7763.27
Days of Inventory outstanding
672.16112.27289.47159.8372.579.7135.4866.8219.3410.1016.409.71
Operating Cycle
721.82144.31317.84185.29135.8534.9481.43114.3873.90132.8981.1734.94
Days of Payables Outstanding
419.16476.64271.76511.30708.54624.11804.58235.29N/AN/AN/A624.11
Cash Conversion Cycle
302.66-332.3346.08-326.01-572.68-589.17-723.14-120.9173.90132.8981.17-572.68
Debt Ratios
Debt Ratio
0.450.420.430.51N/A0.490.500.48N/A0.540.380.49
Debt Equity Ratio
1.060.980.991.23N/A1.231.301.20N/A8.16N/A1.23
Long-term Debt to Capitalization
0.480.410.450.50N/A0.550.560.46N/A0.8211
Total Debt to Capitalization
0.510.490.490.55N/A0.550.560.54N/A0.8911
Interest Coverage Ratio
N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A0.55N/A
Cash Flow to Debt Ratio
0.010.010.020.01N/A0.010.020.01N/A-0.000.010.01
Company Equity Multiplier
2.312.322.282.402.622.482.592.482.6914.97N/A2.48
Cash Flow Ratios
Operating Cash Flow / Sales Ratio
0.110.120.130.100.180.070.200.08-0.00-0.070.070.07
Free Cash Flow / Operating Cash Flow Ratio
0.930.89-9.63-8.62-10.700.400.870.744.901.780.42-10.70
Cash Flow Coverage Ratio
0.010.010.020.01N/A0.010.020.01N/A-0.000.010.01
Short Term Coverage Ratio
0.150.060.130.09N/AN/AN/A0.04N/A-0.020.04N/A
Dividend Payout Ratio
57.40%70.89%120.60%221.32%138.61%18.15%-28.32%10.23%42.06%-109.50%-119.25%18.15%