BRSE:VARE

Stock Analysis Report

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Executive Summary

Varia Europe Properties AG operates as a real estate investment company in Switzerland.


Snowflake Analysis

Flawless balance sheet with poor track record.

Share Price & News

How has Varia Europe Properties's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: VARE has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

0%

VARE

3.4%

CH Capital Markets

2.0%

CH Market


1 Year Return

n/a

VARE

10.1%

CH Capital Markets

6.2%

CH Market

Return vs Industry: Insufficient data to determine how VARE performed against the Swiss Capital Markets industry.

Return vs Market: Insufficient data to determine how VARE performed against the Swiss Market.


Shareholder returns

VAREIndustryMarket
7 Day0%3.4%2.0%
30 Day-2.6%1.6%0.4%
90 Day2.8%29.1%7.3%
1 Yearn/a13.3%10.1%9.8%6.2%
3 Yearn/a-16.3%-24.1%21.8%9.1%
5 Yearn/a-32.1%-45.3%32.2%11.4%

Price Volatility Vs. Market

How volatile is Varia Europe Properties's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Varia Europe Properties undervalued compared to its fair value and its price relative to the market?

39.56x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: VARE (CHF1.85) is trading above our estimate of fair value (CHF0.91)

Significantly Below Fair Value: VARE is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: VARE is poor value based on its PE Ratio (39.6x) compared to the CH Capital Markets industry average (15.3x).

PE vs Market: VARE is poor value based on its PE Ratio (39.6x) compared to the Swiss market (21.1x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate VARE's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: VARE's PB Ratio (1.2x) is in line with the CH Capital Markets industry average.


Next Steps

Future Growth

How is Varia Europe Properties forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

4.7%

Forecasted Diversified Financials 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 Varia Europe Properties 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.


Next Steps

Past Performance

How has Varia Europe Properties performed over the past 5 years?

-28.1%

Last years earnings growth


Earnings and Revenue History

Quality Earnings: VARE has a large one-off gain of €138.8K impacting its December 31 2019 financial results.

Growing Profit Margin: VARE's current net profit margins (87.9%) are higher than last year (79.2%).


Past Earnings Growth Analysis

Earnings Trend: Insufficient data to determine if VARE's year-on-year earnings growth rate was positive over the past 5 years.

Accelerating Growth: VARE's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: VARE had negative earnings growth (-28.1%) over the past year, making it difficult to compare to the Capital Markets industry average (13%).


Return on Equity

High ROE: VARE's Return on Equity (1.3%) is considered low.


Next Steps

Financial Health

How is Varia Europe Properties's financial position?


Financial Position Analysis

Short Term Liabilities: VARE's short term assets (€1.3M) exceed its short term liabilities (€243.7K).

Long Term Liabilities: VARE has no long term liabilities.


Debt to Equity History and Analysis

Debt Level: VARE is debt free.

Reducing Debt: VARE has not had any debt for past 5 years.

Debt Coverage: VARE has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: VARE has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


Next Steps

Dividend

What is Varia Europe Properties's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate VARE's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate VARE's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if VARE's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if VARE's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: VARE is not paying a notable dividend for the Swiss market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of VARE's dividend in 3 years as they are not forecast to pay a notable one for the Swiss market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?


CEO

Varia Europe Properties has no CEO, or we have no data on them.


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: VARE only recently listed within the past 12 months.


Top Shareholders

Company Information

Varia Europe Properties AG's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Varia Europe Properties AG
  • Ticker: VARE
  • Exchange: BRSE
  • Founded: 2017
  • Industry: Asset Management and Custody Banks
  • Sector: Diversified Financials
  • Market Cap: CHF52.748m
  • Shares outstanding: 28.51m
  • Website: https://www.variaeuropeproperties.com

Location

  • Varia Europe Properties AG
  • Gubelstrasse 19
  • Zug
  • Zug
  • 6300
  • Switzerland

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
VAREBRSE (Berne Stock Exchange)YesOrdinary Registered SharesCHCHFDec 2019

Biography

Varia Europe Properties AG operates as a real estate investment company in Switzerland. It invests in real estate and real estate backed assets primarily in Italy and Spain. The company was founded in 2017 ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/08/14 10:25
End of Day Share Price2020/07/30 00:00
Earnings2019/12/31
Annual Earnings2019/12/31


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.