Financials Alpha Real Estate Services S.A.

Equities

ASTAK

GRS331043000

Real Estate Services

Market Closed - Athens S.E. 10:10:31 2024-05-31 am EDT 5-day change 1st Jan Change
7 EUR -1.13% Intraday chart for Alpha Real Estate Services S.A. +0.86% -16.86%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 88.2 97.3 86.1 123.9 92.4 117.9
Enterprise Value (EV) 1 13.59 19.74 7.008 44.79 39.25 64.4
P/E ratio 28.6 x 32.6 x 25.7 x 74.3 x 18.6 x 27.2 x
Yield - - - 38.6% 3.94% -
Capitalization / Revenue 6.05 x 5.93 x 5.65 x 9.35 x 6.84 x 7.2 x
EV / Revenue 0.93 x 1.2 x 0.46 x 3.38 x 2.91 x 3.93 x
EV / EBITDA 3.17 x 3.82 x 1.46 x 18.5 x 14.6 x 32.9 x
EV / FCF 65.4 x 5.34 x 6.99 x 2.69 x -1.1 x 57.6 x
FCF Yield 1.53% 18.7% 14.3% 37.1% -90.9% 1.73%
Price to Book 0.67 x 0.72 x 0.63 x 0.89 x 0.95 x 1.18 x
Nbr of stocks (in thousands) 14,000 14,000 14,000 14,000 14,000 14,000
Reference price 2 6.300 6.950 6.150 8.850 6.600 8.420
Announcement Date 4/2/19 3/31/20 3/30/21 4/5/22 4/26/23 4/29/24
1EUR in Million2EUR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 14.57 16.4 15.24 13.26 13.5 16.38
EBITDA 1 4.287 5.167 4.814 2.422 2.688 1.96
EBIT 1 3.757 4.621 4.256 1.867 1.895 1.377
Operating Margin 25.78% 28.17% 27.93% 14.08% 14.04% 8.41%
Earnings before Tax (EBT) 1 4.117 4.207 4.439 1.998 2.781 2.049
Net income 1 3.087 2.981 3.353 1.667 4.969 4.285
Net margin 21.18% 18.17% 22.01% 12.57% 36.8% 26.15%
EPS 2 0.2205 0.2129 0.2395 0.1190 0.3550 0.3100
Free Cash Flow 1 0.2077 3.696 1.002 16.63 -35.69 1.117
FCF margin 1.43% 22.53% 6.58% 125.46% -264.33% 6.82%
FCF Conversion (EBITDA) 4.85% 71.52% 20.81% 686.63% - 56.99%
FCF Conversion (Net income) 6.73% 123.98% 29.88% 997.98% - 26.08%
Dividend per Share - - - 3.420 0.2600 -
Announcement Date 4/2/19 3/31/20 3/30/21 4/5/22 4/26/23 4/29/24
1EUR in Million2EUR
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 - - - - - -
Net Cash position 1 74.6 77.6 79.1 79.1 53.2 53.5
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow 1 0.21 3.7 1 16.6 -35.7 1.12
ROE (net income / shareholders' equity) 2.38% 2.24% 2.47% 1.2% 1.87% 1.67%
ROA (Net income/ Total Assets) 1.72% 2.05% 1.83% 0.8% 0.95% 0.81%
Assets 1 179.7 145.6 183.1 207.7 521.1 526.7
Book Value Per Share 2 9.390 9.600 9.830 9.970 6.910 7.150
Cash Flow per Share 2 5.330 5.600 5.710 5.700 3.840 3.970
Capex 1 1.45 0.05 0.13 2.72 0.51 0.3
Capex / Sales 9.93% 0.28% 0.88% 20.55% 3.81% 1.86%
Announcement Date 4/2/19 3/31/20 3/30/21 4/5/22 4/26/23 4/29/24
1EUR in Million2EUR
Estimates
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