Financials GMP Property SOCIMI, S.A.

Equities

YGMP

ES0105134011

Commercial REITs

Market Closed - BME 10:00:20 2024-05-23 am EDT 5-day change 1st Jan Change
67 EUR 0.00% Intraday chart for GMP Property SOCIMI, S.A. 0.00% +31.37%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 1,052 1,090 1,090 1,080 1,071 975.1
Enterprise Value (EV) 1 1,832 1,856 1,902 1,849 1,858 1,616
P/E ratio 5.63 x 5.47 x 69.5 x 11.8 x 13.6 x -12.6 x
Yield - - - - 1.87% -
Capitalization / Revenue 9.78 x 11.3 x 11 x 11.9 x 10.3 x 8.75 x
EV / Revenue 17 x 19.3 x 19.2 x 20.4 x 17.9 x 14.5 x
EV / EBITDA 25.6 x 29.2 x 31.9 x 33.1 x 31.1 x 24 x
EV / FCF 83.4 x -24.1 x 11.7 x -34.5 x 21.4 x 29.6 x
FCF Yield 1.2% -4.15% 8.53% -2.9% 4.68% 3.38%
Price to Book 0.82 x 0.76 x 0.78 x 0.72 x 0.66 x 0.65 x
Nbr of stocks (in thousands) 19,124 19,120 19,120 19,120 19,120 19,120
Reference price 2 55.00 57.00 57.00 56.50 56.00 51.00
Announcement Date 4/26/19 5/11/20 4/30/21 10/27/22 4/27/23 4/30/24
1EUR in Million2EUR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 107.5 96.23 99.14 90.68 103.7 111.4
EBITDA 1 71.45 63.53 59.54 55.88 59.75 67.34
EBIT 1 70.24 62.26 58.12 54.38 58.09 65.57
Operating Margin 65.34% 64.7% 58.63% 59.97% 56.04% 58.84%
Earnings before Tax (EBT) 1 188.7 199.7 14.73 92.21 79.91 -76.35
Net income 1 186.8 199.5 15.68 91.24 78.93 -77.27
Net margin 173.8% 207.3% 15.81% 100.62% 76.14% -69.33%
EPS 2 9.769 10.43 0.8196 4.770 4.127 -4.040
Free Cash Flow 1 21.96 -77.07 162.2 -53.56 86.94 54.66
FCF margin 20.43% -80.09% 163.59% -59.07% 83.87% 49.05%
FCF Conversion (EBITDA) 30.74% - 272.41% - 145.51% 81.17%
FCF Conversion (Net income) 11.76% - 1,034.64% - 110.15% -
Dividend per Share - - - - 1.046 -
Announcement Date 4/26/19 5/11/20 4/30/21 10/27/22 4/27/23 4/30/24
1EUR in Million2EUR
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 780 766 812 768 787 641
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) 10.92 x 12.05 x 13.64 x 13.75 x 13.17 x 9.519 x
Free Cash Flow 1 22 -77.1 162 -53.6 86.9 54.7
ROE (net income / shareholders' equity) 15.6% 14.8% 1.11% 6.3% 5.05% -4.93%
ROA (Net income/ Total Assets) 1.99% 1.66% 1.51% 1.4% 1.44% 1.62%
Assets 1 9,409 12,052 1,037 6,495 5,491 -4,777
Book Value Per Share 2 66.70 74.50 73.40 78.20 85.30 78.80
Cash Flow per Share 2 3.100 4.900 3.000 4.400 4.030 10.80
Capex 1 1.48 3.79 0.63 0.94 0.45 1.37
Capex / Sales 1.37% 3.94% 0.64% 1.03% 0.44% 1.23%
Announcement Date 4/26/19 5/11/20 4/30/21 10/27/22 4/27/23 4/30/24
1EUR in Million2EUR
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

  1. Stock Market
  2. Equities
  3. YGMP Stock
  4. Financials GMP Property SOCIMI, S.A.