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Hispania Activos Inmobiliarios SOCIMI

BME:HIS
Snowflake Description

Moderate growth potential unattractive dividend payer.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
HIS
BME
€2B
Market Cap
  1. Home
  2. ES
  3. Real Estate
Company description

Hispania’s shares are traded on the Spanish Continuous Market, as part of the Ibex Small Cap index since December 11th, 2014. The last earnings update was 48 days ago. More info.


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HIS Share Price and Events
7 Day Returns
0%
BME:HIS
1.6%
ES REITs
0.7%
ES Market
1 Year Returns
1.2%
BME:HIS
-1.6%
ES REITs
-2.1%
ES Market
HIS Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Hispania Activos Inmobiliarios SOCIMI (HIS) 0% 0.1% -3.2% 1.2% 37.1% 72.2%
ES REITs 1.6% 1.6% 3.7% -1.6% 23.9% 16.1%
ES Market 0.7% 1.5% 6.6% -2.1% 8.2% -11.3%
1 Year Return vs Industry and Market
  • HIS outperformed the REITs industry which returned -1.6% over the past year.
  • HIS outperformed the Market in Spain which returned -2.1% over the past year.
Price Volatility
HIS
Industry
5yr Volatility vs Market

HIS Value

 Is Hispania Activos Inmobiliarios SOCIMI undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for Hispania Activos Inmobiliarios SOCIMI. This is due to cash flow or dividend data being unavailable. The share price is €17.82.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Hispania Activos Inmobiliarios SOCIMI's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Hispania Activos Inmobiliarios SOCIMI's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
BME:HIS PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in EUR €0.89
BME:HIS Share Price ** BME (2019-04-05) in EUR €17.82
Spain REITs Industry PE Ratio Median Figure of 20 Publicly-Listed REITs Companies 19.03x
Spain Market PE Ratio Median Figure of 132 Publicly-Listed Companies 17.95x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Hispania Activos Inmobiliarios SOCIMI.

BME:HIS PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= BME:HIS Share Price ÷ EPS (both in EUR)

= 17.82 ÷ 0.89

20.13x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Hispania Activos Inmobiliarios SOCIMI is overvalued based on earnings compared to the ES REITs industry average.
  • Hispania Activos Inmobiliarios SOCIMI is overvalued based on earnings compared to the Spain market.
Price based on expected Growth
Does Hispania Activos Inmobiliarios SOCIMI's expected growth come at a high price?
Raw Data
BME:HIS PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 20.13x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 2 Analysts
16.5%per year
Europe REITs Industry PEG Ratio Median Figure of 61 Publicly-Listed REITs Companies 0.58x
Spain Market PEG Ratio Median Figure of 75 Publicly-Listed Companies 1.35x

*Line of best fit is calculated by linear regression .

BME:HIS PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 20.13x ÷ 16.5%

1.22x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Hispania Activos Inmobiliarios SOCIMI is poor value based on expected growth next year.
Price based on value of assets
What value do investors place on Hispania Activos Inmobiliarios SOCIMI's assets?
Raw Data
BME:HIS PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in EUR €15.30
BME:HIS Share Price * BME (2019-04-05) in EUR €17.82
Spain REITs Industry PB Ratio Median Figure of 28 Publicly-Listed REITs Companies 1.19x
Spain Market PB Ratio Median Figure of 180 Publicly-Listed Companies 1.83x
BME:HIS PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= BME:HIS Share Price ÷ Book Value per Share (both in EUR)

= 17.82 ÷ 15.30

1.17x

* Primary Listing of Hispania Activos Inmobiliarios SOCIMI.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Hispania Activos Inmobiliarios SOCIMI is good value based on assets compared to the ES REITs industry average.
X
Value checks
We assess Hispania Activos Inmobiliarios SOCIMI's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the REITs industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the REITs industry average (and greater than 0)? (1 check)
  5. Hispania Activos Inmobiliarios SOCIMI has a total score of 1/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

HIS Future Performance

 How is Hispania Activos Inmobiliarios SOCIMI expected to perform in the next 1 to 3 years based on estimates from 2 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
16.5%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Hispania Activos Inmobiliarios SOCIMI expected to grow at an attractive rate?
  • Hispania Activos Inmobiliarios SOCIMI's earnings growth is expected to exceed the low risk savings rate of 1.5%.
Growth vs Market Checks
  • Hispania Activos Inmobiliarios SOCIMI's earnings growth is expected to exceed the Spain market average.
  • Hispania Activos Inmobiliarios SOCIMI's revenue growth is expected to exceed the Spain market average.
Annual Growth Rates Comparison
Raw Data
BME:HIS Future Growth Rates Data Sources
Data Point Source Value (per year)
BME:HIS Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 2 Analysts 16.5%
BME:HIS Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 2 Analysts 9.7%
Spain REITs Industry Earnings Growth Rate Market Cap Weighted Average -1%
Europe REITs Industry Revenue Growth Rate Market Cap Weighted Average 2.6%
Spain Market Earnings Growth Rate Market Cap Weighted Average 9.8%
Spain Market Revenue Growth Rate Market Cap Weighted Average 5.4%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
BME:HIS Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 2 Analyst Estimates (S&P Global) See Below
All numbers in EUR Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
BME:HIS Future Estimates Data
Date (Data in EUR Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2020-12-31 197 147 1
2019-12-31 169 213 2
BME:HIS Past Financials Data
Date (Data in EUR Millions) Revenue Cash Flow Net Income *
2018-12-31 160 -186 97
2018-09-30 161 126
2018-06-30 164 51 133
2018-03-31 160 75 209
2017-12-31 157 55 223
2017-09-30 162 18 351
2017-06-30 160 39 350
2017-03-31 151 27 314
2016-12-31 143 20 309
2016-09-30 118 190
2016-06-30 87 9 176
2016-03-31 62 10 77

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Hispania Activos Inmobiliarios SOCIMI's earnings are expected to grow by 16.5% yearly, however this is not considered high growth (20% yearly).
  • Hispania Activos Inmobiliarios SOCIMI's revenue is expected to grow by 9.7% yearly, however this is not considered high growth (20% yearly).
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
BME:HIS Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 2 Analyst Estimates (S&P Global) See Below

All data from Hispania Activos Inmobiliarios SOCIMI Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

BME:HIS Future Estimates Data
Date (Data in EUR Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2020-12-31 1.34 1.34 1.34 1.00
2019-12-31 1.96 1.96 1.96 1.00
BME:HIS Past Financials Data
Date (Data in EUR Millions) EPS *
2018-12-31 0.89
2018-09-30
2018-06-30 1.22
2018-03-31 1.92
2017-12-31 2.04
2017-09-30 3.23
2017-06-30 3.27
2017-03-31 3.02
2016-12-31 3.17
2016-09-30 2.10
2016-06-30 2.04
2016-03-31 0.96

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Hispania Activos Inmobiliarios SOCIMI will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess Hispania Activos Inmobiliarios SOCIMI's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Spain market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Europe market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Hispania Activos Inmobiliarios SOCIMI has a total score of 3/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

HIS Past Performance

  How has Hispania Activos Inmobiliarios SOCIMI performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Hispania Activos Inmobiliarios SOCIMI's growth in the last year to its industry (REITs).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Hispania Activos Inmobiliarios SOCIMI has delivered over 20% year on year earnings growth in the past 5 years.
  • Hispania Activos Inmobiliarios SOCIMI's 1-year earnings growth is negative, it can't be compared to the 5-year average.
  • Hispania Activos Inmobiliarios SOCIMI's 1-year earnings growth is negative, it can't be compared to the ES REITs industry average.
Earnings and Revenue History
Hispania Activos Inmobiliarios SOCIMI's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Hispania Activos Inmobiliarios SOCIMI Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

BME:HIS Past Revenue, Cash Flow and Net Income Data
Date (Data in EUR Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 160.28 96.56 4.49
2018-09-30 160.76 125.98 8.68
2018-06-30 164.15 133.44 6.04
2018-03-31 160.09 208.79 7.46
2017-12-31 156.58 222.83 7.40
2017-09-30 161.84 350.98 10.15
2017-06-30 160.38 349.84 9.92
2017-03-31 151.16 314.09 10.07
2016-12-31 142.87 308.57 9.83
2016-09-30 118.31 190.48 2.39
2016-06-30 87.34 176.08 6.25
2016-03-31 62.23 77.30 4.54
2015-12-31 37.80 66.68 3.58
2015-09-30 22.88 32.04 1.66
2015-06-30 19.93 29.02 0.06
2015-03-31 15.09 19.35 0.08
2014-12-31 9.84 18.69 0.06

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Hispania Activos Inmobiliarios SOCIMI has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Hispania Activos Inmobiliarios SOCIMI used its assets less efficiently than the ES REITs industry average last year based on Return on Assets.
  • It is difficult to establish if Hispania Activos Inmobiliarios SOCIMI improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Hispania Activos Inmobiliarios SOCIMI's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the REITs industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Hispania Activos Inmobiliarios SOCIMI has a total score of 1/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

HIS Health

 How is Hispania Activos Inmobiliarios SOCIMI's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Hispania Activos Inmobiliarios SOCIMI's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Hispania Activos Inmobiliarios SOCIMI's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • Hispania Activos Inmobiliarios SOCIMI's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of Hispania Activos Inmobiliarios SOCIMI's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is not covered by short term assets, assets are 0.4x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Hispania Activos Inmobiliarios SOCIMI Company Filings, last reported 3 months ago.

BME:HIS Past Debt and Equity Data
Date (Data in EUR Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 1,669.87 1,030.60 40.92
2018-09-30 1,704.88 881.13 72.32
2018-06-30 1,690.56 895.79 60.11
2018-03-31 1,625.62 893.54 55.75
2017-12-31 1,662.15 657.99 95.48
2017-09-30 1,756.47 621.33 142.69
2017-06-30 1,735.40 649.51 146.45
2017-03-31 1,582.90 638.55 227.66
2016-12-31 1,560.57 671.24 266.61
2016-09-30 1,372.06 664.61 350.16
2016-06-30 1,348.56 668.78 378.42
2016-03-31 1,015.93 652.72 181.96
2015-12-31 1,018.45 578.35 220.69
2015-09-30 898.53 221.96 257.30
2015-06-30 897.66 185.65 241.22
2015-03-31 559.58 127.01 176.23
2014-12-31 560.24 72.33 204.20
  • Hispania Activos Inmobiliarios SOCIMI's level of debt (61.7%) compared to net worth is high (greater than 40%).
  • Unable to establish if Hispania Activos Inmobiliarios SOCIMI's debt level has increased without past 5-year debt data.
  • Operating cash flow is negative therefore debt is not well covered.
  • Unable to confirm if the interest payments on Hispania Activos Inmobiliarios SOCIMI's debt are well covered by earnings due to lack of past financial data.
X
Financial health checks
We assess Hispania Activos Inmobiliarios SOCIMI's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Hispania Activos Inmobiliarios SOCIMI has a total score of 0/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

HIS Dividends

 What is Hispania Activos Inmobiliarios SOCIMI's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
2.3%
Current annual income from Hispania Activos Inmobiliarios SOCIMI dividends. Estimated to be 4.04% next year.
If you bought €2,000 of Hispania Activos Inmobiliarios SOCIMI shares you are expected to receive €46 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Hispania Activos Inmobiliarios SOCIMI's pays a higher dividend yield than the bottom 25% of dividend payers in Spain (1.87%).
  • Hispania Activos Inmobiliarios SOCIMI's dividend is below the markets top 25% of dividend payers in Spain (5.06%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
BME:HIS Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 2 Analyst Estimates (S&P Global) See Below
Spain REITs Industry Average Dividend Yield Market Cap Weighted Average of 10 Stocks 3.2%
Spain Market Average Dividend Yield Market Cap Weighted Average of 75 Stocks 4.3%
Spain Minimum Threshold Dividend Yield 10th Percentile 1.1%
Spain Bottom 25% Dividend Yield 25th Percentile 1.9%
Spain Top 25% Dividend Yield 75th Percentile 5.1%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

BME:HIS Future Dividends Estimate Data
Date (Data in €) Dividend per Share (annual) Avg. No. Analysts
2020-12-31 0.78 1.00
2019-12-31 0.66 1.00
BME:HIS Past Annualized Dividends Data
Date (Data in €) Dividend per share (annual) Avg. Yield (%)
2018-02-27 0.410 2.287
2018-02-26 0.410 2.465
2017-02-28 0.314 2.122
2017-01-16 0.314 2.726
2016-11-11 0.314 2.876
2016-07-28 0.314 2.699

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Whilst dividend payments have been stable, Hispania Activos Inmobiliarios SOCIMI has been paying a dividend for less than 10 years.
  • Dividend payments have increased, but Hispania Activos Inmobiliarios SOCIMI only paid a dividend in the past 3 years.
Current Payout to shareholders
What portion of Hispania Activos Inmobiliarios SOCIMI's earnings are paid to the shareholders as a dividend.
  • The company is paying a dividend however it is incurring a loss.
Future Payout to shareholders
  • Dividends after 3 years are expected to be covered by earnings (1.7x coverage).
X
Income/ dividend checks
We assess Hispania Activos Inmobiliarios SOCIMI's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.1%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Hispania Activos Inmobiliarios SOCIMI afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Hispania Activos Inmobiliarios SOCIMI has a total score of 2/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

HIS Management

 What is the CEO of Hispania Activos Inmobiliarios SOCIMI's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
  • Hispania Activos Inmobiliarios SOCIMI has no CEO, or we have no data on them.
Management Team Tenure

Average tenure of the Hispania Activos Inmobiliarios SOCIMI management team in years:

1.6
Average Tenure
  • The average tenure for the Hispania Activos Inmobiliarios SOCIMI management team is less than 2 years, this suggests a new team.
Management Team

Fernando Gumuzio Íñiguez de Onzoño

TITLE
Director & Founding Partner of Azora Group
AGE
60

Antonio López

TITLE
Financial Director
TENURE
1.3 yrs

Isabel Troya

TITLE
Investor Relations & Communication Director
TENURE
3.5 yrs

Javier Picón

TITLE
Head of Hotel Asset Management Segment
TENURE
1.9 yrs

Alejandro Pavía

TITLE
Executive Director
TENURE
0.3 yrs

Álvaro Hernández

TITLE
Board Secretary

Cristina García-Peri

TITLE
General Manager

Jean Marc Parnier

TITLE
Head of the Office Segment - The Azora Group

Javier Rodríguez-Heredia

TITLE
Head of the Office Segment - The Azora Group

Javier Arús

TITLE
Head of Hotels Segment - Azora Group
Board of Directors Tenure

Average tenure of the Hispania Activos Inmobiliarios SOCIMI board of directors in years:

0.8
Average Tenure
  • The average tenure for the Hispania Activos Inmobiliarios SOCIMI board of directors is less than 3 years, this suggests a new board.
Board of Directors

Rafael Miranda Robredo

TITLE
Chairman of the Board
COMPENSATION
€160K
AGE
69
TENURE
5.2 yrs

Alejandro Pavía

TITLE
Executive Director
TENURE
0.4 yrs

Juan del Rivero

TITLE
Chairman of Azora Capital

Fernando Gumuzio Íñiguez de Onzoño

TITLE
Director & Founding Partner of Azora Group
AGE
60
TENURE
5.2 yrs

María de Manzanos

TITLE
Independent Non-Executive Director
TENURE
0.8 yrs

Claudio Pallerés

TITLE
Propietary Director
TENURE
0.8 yrs

Farhad Karim

TITLE
Propietary Director
TENURE
0.8 yrs

Abhishek Agarwal

TITLE
Propietary Director
TENURE
0.8 yrs

María Montserrat Palau

TITLE
Propietary Director
TENURE
0.4 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (€) Value (€)
X
Management checks
We assess Hispania Activos Inmobiliarios SOCIMI's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Hispania Activos Inmobiliarios SOCIMI has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

HIS News

Simply Wall St News

Is Hispania Activos Inmobiliarios SOCIMI SA's (BME:HIS) ROE Of 8.1% Impressive?

To keep the lesson grounded in practicality, we'll use ROE to better understand Hispania Activos Inmobiliarios SOCIMI SA (BME:HIS). … Over the last twelve months Hispania Activos Inmobiliarios SOCIMI has recorded a ROE of 8.1%. … Check out our latest analysis for Hispania Activos Inmobiliarios SOCIMI?

Simply Wall St -

Should You Buy Hispania Activos Inmobiliarios SOCIMI SA (BME:HIS) At €18.17?

Hispania Activos Inmobiliarios SOCIMI SA (BME:HIS), a reits company based in Spain,. … Let’s take a look at Hispania Activos Inmobiliarios SOCIMI’s outlook and value based on the most recent financial data to see if there are any catalysts for a price change … Check out our latest analysis for Hispania Activos Inmobiliarios SOCIMI

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Is Hispania Activos Inmobiliarios SOCIMI SA's (BME:HIS) 14.22% ROE Strong Compared To Its Industry?

and want to better understand how you can grow your money by investing in Hispania Activos Inmobiliarios SOCIMI SA (BME:HIS). … With an ROE of 14.22%, Hispania Activos Inmobiliarios SOCIMI SA (BME:HIS) returned in-line to its own industry which delivered 12.05% over the past year. … But ROE does not capture any debt, so we only see high profits and low equity, which is great on the surface

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How Should You Think About Hispania Activos Inmobiliarios SOCIMI SA.'s (BME:HIS) Risks?

Every stock in the market is exposed to this risk, which arises from macroeconomic factors such as economic growth and geo-political tussles just to name a few. … A popular measure of market risk for a stock is its beta, and the market as a whole represents a beta value of one. … Hispania Activos Inmobiliarios SOCIMI’s five-year beta of 1.1 means that the company’s value will swing up by more than the market during prosperous times, but also drop down by more in times of downturns.

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How Did Hispania Activos Inmobiliarios SOCIMI SA.'s (BME:HIS) 14.97% ROE Fare Against The Industry?

View our latest analysis for Hispania Activos Inmobiliarios SOCIMI Breaking down Return on Equity Firstly, Return on Equity, or ROE, is simply the percentage of last years’ earning against the book value of shareholders’ equity. … This means Hispania Activos Inmobiliarios SOCIMI returns enough to cover its own cost of equity, with a buffer of 6.68%. … Hispania Activos Inmobiliarios SOCIMI’s above-industry ROE is encouraging, and is also in excess of its cost of equity.

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What Is Hispania Activos Inmobiliarios SOCIMI SA.'s (BME:HIS) Share Price Doing?

See our latest analysis for Hispania Activos Inmobiliarios SOCIMI Is Hispania Activos Inmobiliarios SOCIMI still cheap? … According to my valuation model, Hispania Activos Inmobiliarios SOCIMI seems to be fairly priced at around 9% above my intrinsic value, which means if you buy Hispania Activos Inmobiliarios SOCIMI today, you’d be paying a relatively reasonable price for it. … However, with a negative profit growth of -10.97% expected over the next couple of years, near-term growth certainly doesn’t appear to be a driver for a buy decision for Hispania Activos Inmobiliarios SOCIMI.

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What Should Investors Know About The Future Of Hispania Activos Inmobiliarios SOCIMI SA.'s (BME:HIS)?

Below, I've laid out key numbers on how market analysts view Hispania Activos Inmobiliarios SOCIMI's earnings growth outlook over the next few years and whether the future looks brighter. … View our latest analysis for Hispania Activos Inmobiliarios SOCIMI Market analysts' prospects for the upcoming year seems pessimistic, with earnings declining by -6.73%. … This means, we can presume Hispania Activos Inmobiliarios SOCIMI will chip away at a rate of -6.96% every year for the next couple of years.

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Hispania Activos Inmobiliarios SOCIMI SA. (BME:HIS): Set To Experience A Decrease In Earnings?

(BME:HIS) released its earnings in December 2017, the consensus outlook from analysts appear bearish, with earnings expected to decline by -6.73% in the upcoming year against the past 5-year average growth rate of 74.29%. … Below is a brief commentary around Hispania Activos Inmobiliarios SOCIMI's earnings outlook going forward, which may give you a sense of market sentiment for the company. … To reduce the year-on-year volatility of analyst earnings forecast, I've inserted a line of best fit through the expected earnings figures to determine the annual growth rate from the slope of the line.

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Is Hispania Activos Inmobiliarios SOCIMI SA. (BME:HIS) A Healthy REIT?

Hispania Activos Inmobiliarios SOCIMI SA. … See our latest analysis for Hispania Activos Inmobiliarios SOCIMI A common financial term REIT investors should know is Funds from Operations, or FFO for short, which is a REIT's main source of income from its portfolio of property, such as rent. … Hispania Activos Inmobiliarios SOCIMI can bring about diversification for your portfolio, but before you decide to invest, take a look at the other aspects you must consider before investing: Future Outlook: What are well-informed industry analysts predicting for HIS’s future growth?

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HIS Company Info

Description

Hispania’s shares are traded on the Spanish Continuous Market, as part of the Ibex Small Cap index since December 11th, 2014. Established in January 2014, its main objective is to acquire and manage real estate assets in Spain, in order to maximize returns for shareholders through active management of the company’s portfolio. Hispania is registered as a “SOCIMI” (Sociedad Anónima Cotizada de Inversión Inmobiliaria), also known as Real Estate Investment Trust companies (REIT), since May 2016 after the approval from its Annual Shareholder’s Meeting to conclude the merger between Hispania Activos Inmobiliarios and it’s 100% subsidiary Hispania Real SOCIMI. Through this regime Hispania can take advantage of all the fiscal benefits associated to it in order to maximize the value of its portfolio.

Details
Name: Hispania Activos Inmobiliarios SOCIMI, S.A.
HIS
Exchange: BME
Founded: 2014
€1,945,401,238
109,169,542
Website: http://www.hispania.es
Address: Hispania Activos Inmobiliarios SOCIMI, S.A.
Calle Serrano 30,
2 izquierda,
Madrid,
Madrid, 28001,
Spain
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
BME HIS Ordinary Shares Bolsas y Mercados Espanoles ES EUR 14. Mar 2014
OTCPK HPVB.F Ordinary Shares Pink Sheets LLC US USD 14. Mar 2014
DB 2H3 Ordinary Shares Deutsche Boerse AG DE EUR 14. Mar 2014
BST 2H3 Ordinary Shares Boerse-Stuttgart DE EUR 14. Mar 2014
BATS-CHIXE HISE Ordinary Shares BATS 'Chi-X Europe' GB EUR 14. Mar 2014
Number of employees
Current staff
Staff numbers
79
Hispania Activos Inmobiliarios SOCIMI employees.
Industry
Diversified REITs
Real Estate
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/04/17 23:07
End of day share price update: 2019/04/05 00:00
Last estimates confirmation: 2019/04/13
Last earnings filing: 2019/02/28
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.