| Snowflake Score | |
|---|---|
| Valuation | 0/6 |
| Future Growth | 0/6 |
| Past Performance | 0/6 |
| Financial Health | 2/6 |
| Dividends | 2/6 |
IRCP Stock Overview
IRSA Propiedades Comerciales S.A. operates as an investment arm of IRSA Inversiones y Representaciones S.A.
IRSA Propiedades Comerciales Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | AR$124.90 |
| 52 Week High | AR$163.00 |
| 52 Week Low | AR$76.37 |
| Beta | 1.01 |
| 1 Month Change | 4.96% |
| 3 Month Change | -6.69% |
| 1 Year Change | 55.49% |
| 3 Year Change | 189.97% |
| 5 Year Change | 233.20% |
| Change since IPO | 8,694.53% |
Recent News & Updates
Shareholder Returns
| IRCP | AR Real Estate | AR Market | |
|---|---|---|---|
| 7D | 4.3% | 1.3% | 21.2% |
| 1Y | 55.5% | -14.8% | 86.3% |
Return vs Industry: IRCP exceeded the AR Real Estate industry which returned -14.8% over the past year.
Return vs Market: IRCP underperformed the AR Market which returned 86.3% over the past year.
Price Volatility
| IRCP volatility | |
|---|---|
| IRCP Average Weekly Movement | 6.8% |
| Real Estate Industry Average Movement | 7.2% |
| Market Average Movement | 5.7% |
| 10% most volatile stocks in AR Market | 7.7% |
| 10% least volatile stocks in AR Market | 3.5% |
Stable Share Price: IRCP is more volatile than 75% of AR stocks over the past 3 months, typically moving +/- 7% a week.
Volatility Over Time: IRCP's weekly volatility (7%) has been stable over the past year, but is still higher than 75% of AR stocks.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1889 | n/a | Daniel Ricardo Elsztain | https://www.irsacp.com.ar |
IRSA Propiedades Comerciales S.A. operates as an investment arm of IRSA Inversiones y Representaciones S.A. Alto Palermo S.A. engages in the ownership, acquisition, development, leasing, management, and operation of shopping centers, as well as residential and commercial complexes in Argentina. As of June 30, 2007, it owned and operated ten shopping centers covering a total of 264,995 square meters in Argentina, including six in the Buenos Aires metropolitan area and four in the provinces of Cordoba, Mendoza, Salta, and Santa Fe; and a condominium called Torres de Abasto located in front of the Abasto Shopping Center in Buenos Aires.
IRSA Propiedades Comerciales Fundamentals Summary
| IRCP fundamental statistics | |
|---|---|
| Market Cap | AR$67.60b |
| Earnings (TTM) | -AR$42.47b |
| Revenue (TTM) | AR$9.24b |
7.3x
P/S Ratio-1.6x
P/E RatioIs IRCP overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| IRCP income statement (TTM) | |
|---|---|
| Revenue | AR$9.24b |
| Cost of Revenue | AR$4.20b |
| Gross Profit | AR$5.04b |
| Expenses | AR$47.51b |
| Earnings | -AR$42.47b |
Last Reported Earnings
Sep 30, 2021
Next Earnings Date
n/a
| Earnings per share (EPS) | -78.47 |
| Gross Margin | 54.50% |
| Net Profit Margin | -459.68% |
| Debt/Equity Ratio | 51.1% |
How did IRCP perform over the long term?
See historical performance and comparisonDividends
4.5%
Current Dividend Yield-7%
Payout RatioValuation
Is IRSA Propiedades Comerciales undervalued compared to its fair value and its price relative to the market?
0.87x
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: IRCP (ARS124.9) is trading above our estimate of fair value (ARS83.93)
Significantly Below Fair Value: IRCP is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: IRCP is unprofitable, so we can't compare its PE Ratio to the South American Real Estate industry average.
PE vs Market: IRCP is unprofitable, so we can't compare its PE Ratio to the AR market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate IRCP's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: IRCP's PB Ratio (0.9x) is in line with the XS Real Estate industry average.
Future Growth
How is IRSA Propiedades Comerciales forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
22.5%
Forecasted Real Estate industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as IRSA Propiedades Comerciales has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
Past Performance
How has IRSA Propiedades Comerciales performed over the past 5 years?
-12.5%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: IRCP is currently unprofitable.
Growing Profit Margin: IRCP is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: IRCP is unprofitable, and losses have increased over the past 5 years at a rate of 12.5% per year.
Accelerating Growth: Unable to compare IRCP's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: IRCP is unprofitable, making it difficult to compare its past year earnings growth to the Real Estate industry (50.4%).
Return on Equity
High ROE: IRCP has a negative Return on Equity (-53.46%), as it is currently unprofitable.
Financial Health
How is IRSA Propiedades Comerciales's financial position?
Financial Position Analysis
Short Term Liabilities: IRCP's short term assets (ARS11.6B) do not cover its short term liabilities (ARS12.3B).
Long Term Liabilities: IRCP's short term assets (ARS11.6B) do not cover its long term liabilities (ARS91.0B).
Debt to Equity History and Analysis
Debt Level: IRCP's net debt to equity ratio (49.9%) is considered high.
Reducing Debt: IRCP's debt to equity ratio has reduced from 328.9% to 51.1% over the past 5 years.
Debt Coverage: IRCP's debt is well covered by operating cash flow (20.6%).
Interest Coverage: IRCP's interest payments on its debt are not well covered by EBIT (0.4x coverage).
Balance Sheet
Dividend
What is IRSA Propiedades Comerciales's current dividend yield, its reliability and sustainability?
4.49%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: IRCP's dividend (4.49%) is higher than the bottom 25% of dividend payers in the AR market (0.81%).
High Dividend: IRCP's dividend (4.49%) is low compared to the top 25% of dividend payers in the AR market (4.86%).
Stability and Growth of Payments
Stable Dividend: IRCP's dividend payments have been volatile in the past 10 years.
Growing Dividend: IRCP's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: IRCP is paying a dividend but the company is unprofitable.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
1.6yrs
Average management tenure
CEO
Daniel Ricardo Elsztain (49 yo)
1.25yrs
Tenure
Mr. Daniel Ricardo Elsztain served as a Chief Operating Officer at IRSA Propiedades Comerciales S.A.. since 2011 has been its General Manager of Real Estate Operations and Investments since September 22, 2...
Leadership Team
Experienced Management: IRCP's management team is not considered experienced ( 1.6 years average tenure), which suggests a new team.
Board Members
Experienced Board: IRCP's board of directors are considered experienced (9 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
IRSA Propiedades Comerciales S.A.'s employee growth, exchange listings and data sources
Key Information
- Name: IRSA Propiedades Comerciales S.A.
- Ticker: IRCP
- Exchange: BASE
- Founded: 1889
- Industry: Real Estate Operating Companies
- Sector: Real Estate
- Implied Market Cap: AR$67.600b
- Shares outstanding: 541.23m
- Website: https://www.irsacp.com.ar
Number of Employees
Location
- IRSA Propiedades Comerciales S.A.
- Carlos Della Paolera 261
- Piso 8
- Buenos Aires
- Capital Federal
- C1001ADA
- Argentina
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2022/01/21 00:03 |
| End of Day Share Price | 2022/01/20 00:00 |
| Earnings | 2021/09/30 |
| Annual Earnings | 2021/06/30 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.