Immobiliare Grande Distribuzione SIIQ (DB:IF81) - Stock Price, News & Analysis

IF81 Stock Overview

Immobiliare Grande Distribuzione SIIQ S.p.A. More details

IF81 fundamental analysis
Snowflake Score
Valuation	5/6
Future Growth	3/6
Past Performance	0/6
Financial Health	1/6
Dividends	0/6

Rewards

Trading at 35.4% below our estimate of its fair value

Earnings are forecast to grow 110.12% per year

Trading at good value compared to peers and industry

Risk Analysis

Interest payments are not well covered by earnings

Immobiliare Grande Distribuzione SIIQ S.p.A. Competitors

Deutsche Konsum REIT-AG

XTRA:DKG

€141.7m

Hamborner REIT

XTRA:HABA

€525.5m

Fair Value REIT-AG

DB:FVI

€54.7m

alstria office REIT-AG

XTRA:AOX

€1.2b

Price History & Performance

Summary of all time highs, changes and price drops for Immobiliare Grande Distribuzione SIIQ
Historical stock prices
Current Share Price	€2.18
52 Week High	€2.61
52 Week Low	€1.37
Beta	1.32
11 Month Change	-12.27%
3 Month Change	-6.44%
1 Year Change	1.63%
33 Year Change	n/a
5 Year Change	n/a
Change since IPO	16.08%

Recent updates

Shareholder Returns

	IF81	DE Retail REITs	DE Market
7D	3.1%	1.2%	1.1%
1Y	1.6%	14.7%	7.2%

Return vs Industry: IF81 underperformed the German Retail REITs industry which returned 15.6% over the past year.

Return vs Market: IF81 underperformed the German Market which returned 8.6% over the past year.

Price Volatility

Is IF81's price volatile compared to industry and market?
IF81 volatility
IF81 Average Weekly Movement	4.6%
Retail REITs Industry Average Movement	2.5%
Market Average Movement	4.8%
10% most volatile stocks in DE Market	10.9%
10% least volatile stocks in DE Market	2.4%

Stable Share Price: IF81 has not had significant price volatility in the past 3 months compared to the German market.

Volatility Over Time: IF81's weekly volatility (5%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1977	138	n/a	www.gruppoigd.it

Immobiliare Grande Distribuzione SIIQ S.p.A. is one of the main players in Italy’s retail real estate market: it develops and manages shopping centers throughout the country and has a significant presence in Romanian retail distribution. Listed on the Star Segment of the Italian Stock Exchange, IGD was the first SIIQ (Società di Investimento Immobiliare Quotata or real estate investment trust) in Italy. IGD has a real estate portfolio valued at circa €1,968.1million at 31 December 2023, comprised of, in Italy, 19 hypermarkets and supermarkets, 27 shopping malls and retail parks, 1 plot of land for development, 1 property held for trading and 6 other real estate properties.

Immobiliare Grande Distribuzione SIIQ S.p.A. Fundamentals Summary

How do Immobiliare Grande Distribuzione SIIQ's earnings and revenue compare to its market cap?
IF81 fundamental statistics
Market cap	€254.34m
Earnings (TTM)	-€74.82m
Revenue (TTM)	€146.76m

1.7x

P/S Ratio

-3.4x

P/E Ratio

Is IF81 overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
IF81 income statement (TTM)
Revenue	€146.76m
Cost of Revenue	€29.77m
Gross Profit	€117.00m
Other Expenses	€191.82m
Earnings	-€74.82m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	-0.68
Gross Margin	79.72%
Net Profit Margin	-50.98%
Debt/Equity Ratio	83.5%

How did IF81 perform over the long term?

See historical performance and comparison

Immobiliare Grande Distribuzione SIIQ DB:IF81 Stock Report