New Risk • Apr 22
New minor risk - Dividend sustainability The company has an unstable dividend paying track record. The dividend has had an annual drop of over 20% in the past. Dividend yield: 2.7% This is considered a minor risk. If the company has cut or reduced its dividend in the past, it may be a sign that the underlying business is too cyclical to consistently maintain or grow the dividend over the long-term. It may also indicate the company prioritizes other outcomes instead of maintaining the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (5.6% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (5.5% net profit margin). Market cap is less than US$100m (€29.9m market cap, or US$35.1m). Upcoming Dividend • Apr 13
Upcoming dividend of €0.02 per share Eligible shareholders must have bought the stock before 20 April 2026. Payment date: 22 April 2026. The company last paid an ordinary dividend in March 2018. The average dividend yield among industry peers is 11%. New Risk • Mar 02
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 5.5% Last year net profit margin: 13% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (5.0% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (5.5% net profit margin). Market cap is less than US$100m (€27.5m market cap, or US$32.5m). Reported Earnings • Mar 02
Full year 2025 earnings released Full year 2025 results: Revenue: €45.4m (up 76% from FY 2024). Net income: €2.51m (down 24% from FY 2024). Profit margin: 5.5% (down from 13% in FY 2024). Announcement • Feb 27
Renta Corporación Real Estate, S.A., Annual General Meeting, Apr 09, 2026 Renta Corporación Real Estate, S.A., Annual General Meeting, Apr 09, 2026. Location: hotel balmoral, via augusta 5., barcelona, Spain Announcement • Feb 17
Renta Corporación Real Estate, S.A. to Report Fiscal Year 2025 Results on Feb 26, 2026 Renta Corporación Real Estate, S.A. announced that they will report fiscal year 2025 results After-Market on Feb 26, 2026 New Risk • Feb 09
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2025. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 16% per year over the past 5 years. Minor Risks Latest financial reports are more than 6 months old (reported June 2025 fiscal period end). Share price has been volatile over the past 3 months (4.6% average weekly change). Large one-off items impacting financial results. Market cap is less than US$100m (€25.7m market cap, or US$30.4m). New Risk • Feb 06
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Spanish stocks, typically moving 4.6% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 16% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (4.6% average weekly change). Large one-off items impacting financial results. Market cap is less than US$100m (€25.7m market cap, or US$30.4m). New Risk • Sep 08
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 396% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 16% per year over the past 5 years. Minor Risks Large one-off items impacting financial results. Market cap is less than US$100m (€25.2m market cap, or US$29.5m). Reported Earnings • Jul 29
First half 2025 earnings released First half 2025 results: Revenue: €10.5m (up 73% from 1H 2024). Net income: €2.36m (up 353% from 1H 2024). Profit margin: 22% (up from 8.6% in 1H 2024). The increase in margin was driven by higher revenue. Announcement • Jul 17
Renta Corporación Real Estate, S.A. to Report First Half, 2025 Results on Jul 24, 2025 Renta Corporación Real Estate, S.A. announced that they will report first half, 2025 results on Jul 24, 2025 New Risk • Apr 10
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Spanish stocks, typically moving 6.4% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (6.4% average weekly change). Earnings have declined by 43% per year over the past 5 years. Minor Risk Market cap is less than US$100m (€23.5m market cap, or US$25.7m). Announcement • Mar 06
Renta Corporación Real Estate, S.A., Annual General Meeting, Apr 08, 2025 Renta Corporación Real Estate, S.A., Annual General Meeting, Apr 08, 2025. Location: hotel balmoral, via augusta 5, barcelona Spain Announcement • Feb 19
Renta Corporación Real Estate, S.A. to Report Fiscal Year 2024 Results on Feb 27, 2025 Renta Corporación Real Estate, S.A. announced that they will report fiscal year 2024 results on Feb 27, 2025 New Risk • Feb 09
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2024. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Earnings have declined by 53% per year over the past 5 years. Minor Risks Latest financial reports are more than 6 months old (reported June 2024 fiscal period end). Share price has been volatile over the past 3 months (4.7% average weekly change). Market cap is less than US$100m (€24.5m market cap, or US$25.3m). New Risk • Jul 30
New major risk - Financial position The company's debt is not well covered by operating cash flow. Currently running at an operating cash loss. This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Earnings have declined by 53% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (4.5% average weekly change). Market cap is less than US$100m (€24.5m market cap, or US$26.6m). Announcement • Jul 16
Renta Corporación Real Estate, S.A. to Report Q2, 2024 Results on Jul 23, 2024 Renta Corporación Real Estate, S.A. announced that they will report Q2, 2024 results After-Market on Jul 23, 2024 Announcement • Mar 20
Renta Corporación Real Estate, S.A., Annual General Meeting, Apr 18, 2024 Renta Corporación Real Estate, S.A., Annual General Meeting, Apr 18, 2024, at 12:00 Central European Standard Time. Location: Círculo Ecuestre (C/ Balmes 169 bis, 08006 Barcelona) Barcelona Spain Agenda: To consider Examination and approval, if appropriate, of the individual and consolidated annual accounts of the Company for the year ended 31 December 2023; to consider Examination and approval, as the case may be, of the individual and consolidated management reports of the Company and its subsidiaries for the year ended 31 December 2023, as well as the corporate management during the aforementioned year; to consider Allocation of the Company's result for the year ended 31 December 2023; to consider Composition of the Board of Directors: determination of the number of members, appointment and re-election as the case may be, of directors for the statutory term; to consider Approval of the maximum annual amount to be received by the members of the Board of Directors in their capacity as such; to consider Approval of the Directors' Remuneration Policy for the 2024, 2025 and 2025 financial years; to consider Re-election of the auditors of the Company and its consolidated group. Announcement • Feb 22
Renta Corporación Real Estate, S.A. to Report Fiscal Year 2023 Results on Feb 28, 2024 Renta Corporación Real Estate, S.A. announced that they will report fiscal year 2023 results After-Market on Feb 28, 2024 New Risk • Feb 11
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (6.8% operating cash flow to total debt). Earnings have declined by 36% per year over the past 5 years. Minor Risks Latest financial reports are more than 6 months old (reported June 2023 fiscal period end). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Market cap is less than US$100m (€25.6m market cap, or US$27.6m). New Risk • Oct 12
New major risk - Revenue and earnings growth Earnings have declined by 36% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (6.8% operating cash flow to total debt). Earnings have declined by 36% per year over the past 5 years. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Market cap is less than US$100m (€31.9m market cap, or US$33.6m). New Risk • Jul 28
New major risk - Financial position The company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 6.8% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (6.8% operating cash flow to total debt). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Market cap is less than US$100m (€38.1m market cap, or US$42.0m). Reported Earnings • Jul 27
First half 2023 earnings released First half 2023 results: Revenue: €28.6m (down 27% from 1H 2022). Net loss: €3.10m (down 171% from profit in 1H 2022). Revenue is forecast to grow 18% p.a. on average during the next 3 years, compared to a 6.5% growth forecast for the Real Estate industry in Spain. Announcement • Jul 18
Renta Corporación Real Estate, S.A. to Report First Half, 2023 Results on Jul 25, 2023 Renta Corporación Real Estate, S.A. announced that they will report first half, 2023 results on Jul 25, 2023 Reported Earnings • Feb 28
Full year 2022 earnings: EPS and revenues miss analyst expectations Full year 2022 results: EPS: €0.11 (down from €0.21 in FY 2021). Revenue: €53.9m (down 34% from FY 2021). Net income: €3.55m (down 49% from FY 2021). Profit margin: 6.6% (down from 8.5% in FY 2021). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 24%. Earnings per share (EPS) also missed analyst estimates by 52%. Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 4.8% growth forecast for the Real Estate industry in Spain. Over the last 3 years on average, earnings per share has fallen by 28% per year but the company’s share price has only fallen by 20% per year, which means it has not declined as severely as earnings. Valuation Update With 7 Day Price Move • Nov 21
Investor sentiment improved over the past week After last week's 22% share price gain to €1.59, the stock trades at a forward P/E ratio of 6x. Average forward P/E is 12x in the Real Estate industry in Spain. Total loss to shareholders of 48% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €0.89 per share. Price Target Changed • Nov 16
Price target decreased to €2.78 Down from €3.00, the current price target is an average from 2 analysts. New target price is 106% above last closing price of €1.35. Stock is down 37% over the past year. The company is forecast to post earnings per share of €0.23 for next year compared to €0.21 last year. Board Change • Nov 16
Less than half of directors are independent There is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 5 experienced directors. 4 highly experienced directors. 4 independent directors (6 non-independent directors). External Independent Director Manuel Valls Morato was the last independent director to join the board, commencing their role in 2017. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Reported Earnings • Oct 27
First half 2022 earnings released First half 2022 results: Revenue: €39.1m (up 24% from 1H 2021). Net income: €4.38m (up 80% from 1H 2021). Profit margin: 11% (up from 7.7% in 1H 2021). Revenue is forecast to grow 3.3% p.a. on average during the next 3 years, compared to a 2.8% growth forecast for the Real Estate industry in Spain. Major Estimate Revision • Oct 27
Consensus forecasts updated The consensus outlook for 2022 has been updated. 2022 revenue forecast fell from €89.5m to €80.5m. EPS estimate reaffirmed at €0.36. Net income forecast to grow 64% next year vs 23% growth forecast for Real Estate industry in Spain. Consensus price target down from €3.00 to €2.78. Share price rose 4.3% to €1.20 over the past week. Price Target Changed • Oct 14
Price target decreased to €3.00 Down from €3.45, the current price target is an average from 2 analysts. New target price is 149% above last closing price of €1.21. Stock is down 41% over the past year. The company is forecast to post earnings per share of €0.38 for next year compared to €0.21 last year. Reported Earnings • Jul 22
First half 2022 earnings released First half 2022 results: Revenue: (down 100% from 1H 2021). Net income: (down €2.43m from profit in 1H 2021). Profit margin: (down from 7.7% in 1H 2021). Over the next year, revenue is forecast to grow 8.7%, compared to a 15% growth forecast for the industry in Spain. Buying Opportunity • Jun 10
Now 24% undervalued after recent price drop Over the last 90 days, the stock is down 6.9%. The fair value is estimated to be €2.30, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 20% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 8.8% per annum. Earnings is also forecast to grow by 20% per annum over the same time period. Buying Opportunity • May 23
Now 21% undervalued after recent price drop Over the last 90 days, the stock is down 13%. The fair value is estimated to be €2.23, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 20% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 8.8% per annum. Earnings is also forecast to grow by 20% per annum over the same time period. Buying Opportunity • May 06
Now 21% undervalued after recent price drop Over the last 90 days, the stock is down 6.8%. The fair value is estimated to be €2.25, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 20% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 8.8% per annum. Earnings is also forecast to grow by 20% per annum over the same time period. Major Estimate Revision • Apr 30
Consensus forecasts updated The consensus outlook for 2022 has been updated. 2022 EPS estimate fell from €0.43 to €0.37. Revenue forecast unchanged from €92.0m at last update. Net income forecast to grow 81% next year vs 20% growth forecast for Real Estate industry in Spain. Consensus price target of €3.65 unchanged from last update. Share price was steady at €1.84 over the past week. Board Change • Apr 27
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. 4 highly experienced directors. 4 independent directors (5 non-independent directors). External Independent Director Manuel Valls Morato was the last independent director to join the board, commencing their role in 2017. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Upcoming Dividend • Apr 12
Upcoming dividend of €0.056 per share Eligible shareholders must have bought the stock before 19 April 2022. Payment date: 21 April 2022. Payout ratio is a comfortable 49% and the cash payout ratio is 75%. Trailing yield: 7.3%. Within top quartile of Spanish dividend payers (5.5%). Higher than average of industry peers (2.8%). Reported Earnings • Feb 25
Full year 2021 earnings: EPS and revenues exceed analyst expectations Full year 2021 results: EPS: €0.21 (up from €0.27 loss in FY 2020). Revenue: €81.5m (up 83% from FY 2020). Net income: €6.90m (up €15.7m from FY 2020). Profit margin: 8.5% (up from net loss in FY 2020). The move to profitability was driven by higher revenue. Revenue exceeded analyst estimates by 24%. Earnings per share (EPS) also surpassed analyst estimates by 31%. Over the next year, revenue is forecast to grow 6.2%, compared to a 17% growth forecast for the industry in Spain. Over the last 3 years on average, earnings per share has fallen by 45% per year but the company’s share price has only fallen by 19% per year, which means it has not declined as severely as earnings. Announcement • Feb 08
Renta Corporación Real Estate, S.A. to Report Fiscal Year 2021 Results on Feb 24, 2022 Renta Corporación Real Estate, S.A. announced that they will report fiscal year 2021 results on Feb 24, 2022 Reported Earnings • Jul 24
Second quarter 2021 earnings released The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: €12.4m (up 151% from 2Q 2020). Net income: €832.0k (up €2.93m from 2Q 2020). Profit margin: 6.7% (up from net loss in 2Q 2020). The move to profitability was driven by higher revenue. Valuation Update With 7 Day Price Move • Feb 01
Investor sentiment deteriorated over the past week After last week's 16% share price decline to €1.63, the stock is trading at a trailing P/E ratio of 3.1x, down from the previous P/E ratio of 3.6x. This compares to an average P/E of 27x in the Real Estate industry in Spain. Total return to shareholders over the past three years is a loss of 44%. Valuation Update With 7 Day Price Move • Dec 08
Market bids up stock over the past week After last week's 16% share price gain to €2.26, the stock is trading at a trailing P/E ratio of 4.2x, up from the previous P/E ratio of 3.7x. This compares to an average P/E of 29x in the Real Estate industry in Spain. Total return to shareholders over the past three years is a loss of 16%. Valuation Update With 7 Day Price Move • Nov 24
Market bids up stock over the past week After last week's 16% share price gain to €2.00, the stock is trading at a trailing P/E ratio of 3.8x, up from the previous P/E ratio of 3.2x. This compares to an average P/E of 29x in the Real Estate industry in Spain. Total return to shareholders over the past three years is a loss of 26%. Is New 90 Day High Low • Nov 23
New 90-day high: €1.90 The company is up 24% from its price of €1.54 on 25 August 2020. The Spanish market is up 12% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Real Estate industry, which is up 9.0% over the same period. Valuation Update With 7 Day Price Move • Nov 09
Market bids up stock over the past week After last week's 18% share price gain to €1.74, the stock is trading at a trailing P/E ratio of 3.3x, up from the previous P/E ratio of 2.8x. This compares to an average P/E of 22x in the Real Estate industry in Spain. Total return to shareholders over the past three years is a loss of 35%. Announcement • Jul 18
Renta Corporación Real Estate, S.A. to Report Q2, 2020 Results on Jul 22, 2020 Renta Corporación Real Estate, S.A. announced that they will report Q2, 2020 results on Jul 22, 2020 
