General de Galerías Comerciales SOCIMI, S.A.

BME:GGC Stock Report

Market Cap: €3.7b

General de Galerías Comerciales SOCIMI Valuation

Is GGC undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

0/6

Valuation Score 0/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of GGC when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: GGC (€142) is trading above our estimate of fair value (€27.62)

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

Key Valuation Metric

Which metric is best to use when looking at relative valuation for GGC?

Key metric: As GGC is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for GGC. This is calculated by dividing GGC's market cap by their current earnings.
What is GGC's PE Ratio?
PE Ratio30.1x
Earnings€122.66m
Market Cap€3.69b

Price to Earnings Ratio vs Peers

How does GGC's PE Ratio compare to its peers?

The above table shows the PE ratio for GGC vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average24.4x
LRE Lar España Real Estate SOCIMI
28.5x20.9%€684.1m
YTRI Trivium Real Estate SOCIMI
17.3xn/a€210.7m
YORE Olimpo Real Estate SOCIMI
27.7xn/a€194.6m
YMEI Mercal Inmuebles Socimi
24.2xn/a€45.8m
GGC General de Galerías Comerciales SOCIMI
30.1xn/a€3.7b

Price-To-Earnings vs Peers: GGC is expensive based on its Price-To-Earnings Ratio (30.1x) compared to the peer average (24.4x).

Price to Earnings Ratio vs Industry

How does GGC's PE Ratio compare vs other companies in the European Retail REITs Industry?

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
GGC 30.1xIndustry Avg. 22.7xNo. of Companies4PE01632486480+
0 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: GGC is expensive based on its Price-To-Earnings Ratio (30.1x) compared to the European Retail REITs industry average (22.7x).

Price to Earnings Ratio vs Fair Ratio

What is GGC's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

GGC PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio30.1x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate GGC's Price-To-Earnings Fair Ratio for valuation analysis.

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Analyst Forecast: Insufficient data to show price forecast.

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