Corpfin Capital Prime Retail II, SOCIMI, S.A.

BME:PR2 Stock Report

Market Cap: €829.4k

Corpfin Capital Prime Retail II SOCIMI Valuation

Is PR2 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

2/6

Valuation Score 2/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Book vs Peers

  • Price-To-Book vs Industry

  • Price-To-Book vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of PR2 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: Insufficient data to calculate PR2's fair value for valuation analysis.

Significantly Below Fair Value: Insufficient data to calculate PR2's fair value for valuation analysis.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for PR2?

Key metric: As PR2 barely has revenue we use its Price-To-Book Ratio for relative valuation analysis.

The above table shows the Price to Book ratio for PR2. This is calculated by dividing PR2's market cap by their current book value.
What is PR2's PB Ratio?
PB Ratio0.5x
Book€1.77m
Market Cap€829.43k

Price to Book Ratio vs Peers

How does PR2's PB Ratio compare to its peers?

The above table shows the PB ratio for PR2 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PBEstimated GrowthMarket Cap
Peer Average1.4x
YMEI Mercal Inmuebles Socimi
1.8xn/a€45.8m
SCORE Olimpo Retail Germany SOCIMI
1xn/a€107.5m
YTAN Tander Inversiones SOCIMI
1.6xn/a€103.9m
YORE Olimpo Real Estate SOCIMI
1.3xn/a€193.6m
PR2 Corpfin Capital Prime Retail II SOCIMI
0.5xn/a€829.4k

Price-To-Book vs Peers: PR2 is good value based on its Price-To-Book Ratio (0.5x) compared to the peer average (1.4x).

Price to Book Ratio vs Industry

How does PR2's PB Ratio compare vs other companies in the European Retail REITs Industry?

0 CompaniesPrice / BookEstimated GrowthMarket Cap
PR2 0.5xIndustry Avg. 0.7xNo. of Companies14PB00.61.21.82.43+
0 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Book vs Industry: PR2 is good value based on its Price-To-Book Ratio (0.5x) compared to the European Retail REITs industry average (0.8x).

Price to Book Ratio vs Fair Ratio

What is PR2's PB Ratio compared to its Fair PB Ratio? This is the expected PB Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

PR2 PB Ratio vs Fair Ratio.
Fair Ratio
Current PB Ratio0.5x
Fair PB Ration/a

Price-To-Book vs Fair Ratio: Insufficient data to calculate PR2's Price-To-Book 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.

Discover undervalued companies

Mercal Inmuebles Socimi

€45.8m

Engages in the acquisition and promotion of real estate properties of an urban nature for lease.

YMEI

€49.80

7D

0%

1Y

1.2%

Elaia Investment Spain Socimi

€38.6m

As of August 29, 2017, Socimi Eurosic Investment Spain operates as a subsidiary of Batipart SAS.

YEIS

€3.42

7D

0%

1Y

-2.3%

Gavari Properties Socimi

€42.5m

Operates as a residential REIT in Madrid and Málaga.

YGAV

€33.60

7D

0%

1Y

21.7%