BME:QBT

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Quabit Inmobiliaria

Executive Summary

Quabit Inmobiliaria, S.A., a real estate company, engages in the real estate development and land management activities in Spain. More Details


Snowflake Analysis

High growth potential and fair value.

Share Price & News

How has Quabit Inmobiliaria's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: QBT's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

-5.4%

QBT

5.3%

ES Real Estate

0.9%

ES Market


1 Year Return

-57.2%

QBT

-9.3%

ES Real Estate

-20.2%

ES Market

Return vs Industry: QBT underperformed the Spanish Real Estate industry which returned -9.7% over the past year.

Return vs Market: QBT underperformed the Spanish Market which returned -22.3% over the past year.


Shareholder returns

QBTIndustryMarket
7 Day-5.4%5.3%0.9%
30 Day-8.2%7.5%-2.1%
90 Day-12.5%7.7%-7.4%
1 Year-57.2%-57.2%-9.0%-9.3%-17.5%-20.2%
3 Year-76.2%-76.8%-13.6%-16.0%-19.4%-26.8%
5 Year-88.0%-90.7%-9.7%-18.3%-15.8%-29.0%

Price Volatility Vs. Market

How volatile is Quabit Inmobiliaria's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Quabit Inmobiliaria undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: QBT (€0.34) is trading below our estimate of fair value (€1.88)

Significantly Below Fair Value: QBT is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: QBT is unprofitable, so we can't compare its PE Ratio to the ES Real Estate industry average.

PE vs Market: QBT is unprofitable, so we can't compare its PE Ratio to the Spanish market.


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: QBT is good value based on its PB Ratio (0.2x) compared to the ES Real Estate industry average (1.1x).


Next Steps

Future Growth

How is Quabit Inmobiliaria forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

46.5%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: QBT is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (1.3%).

Earnings vs Market: QBT is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: QBT's is expected to become profitable in the next 3 years.

Revenue vs Market: QBT's revenue (23.4% per year) is forecast to grow faster than the Spanish market (6.2% per year).

High Growth Revenue: QBT's revenue (23.4% per year) is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: QBT's Return on Equity is forecast to be low in 3 years time (12.5%).


Next Steps

Past Performance

How has Quabit Inmobiliaria performed over the past 5 years?

-39.2%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: QBT is currently unprofitable.

Growing Profit Margin: QBT is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: QBT is unprofitable, and losses have increased over the past 5 years at a rate of 39.2% per year.

Accelerating Growth: Unable to compare QBT's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: QBT is unprofitable, making it difficult to compare its past year earnings growth to the Real Estate industry (-4.3%).


Return on Equity

High ROE: QBT has a negative Return on Equity (-25.58%), as it is currently unprofitable.


Next Steps

Financial Health

How is Quabit Inmobiliaria's financial position?


Financial Position Analysis

Short Term Liabilities: QBT's short term assets (€586.6M) exceed its short term liabilities (€414.7M).

Long Term Liabilities: QBT's short term assets (€586.6M) exceed its long term liabilities (€30.3M).


Debt to Equity History and Analysis

Debt Level: QBT's debt to equity ratio (144.5%) is considered high.

Reducing Debt: QBT's debt to equity ratio has reduced from 1078.5% to 144.5% over the past 5 years.

Debt Coverage: QBT's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: Insufficient data to determine if QBT's interest payments on its debt are well covered by EBIT.


Balance Sheet


Next Steps

Dividend

What is Quabit Inmobiliaria current dividend yield, its reliability and sustainability?

20.83%

Forecast Dividend Yield


Dividend Yield vs Market

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

High Dividend: Unable to evaluate QBT'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 QBT's dividends per share have been stable in the past.

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


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

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


Next Steps

Management

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

6.3yrs

Average board tenure


CEO

Félix Abánades López

no data

Tenure

€1,038,000

Compensation

Mr. Félix Abánades López serves as the Chief Executive Officer of Quabit Inmobiliaria SA and served as its Managing Director since June 26, 2014. Mr. López serves as President of Quabit Inmobiliaria SA. Mr ...


CEO Compensation Analysis

Compensation vs Market: Félix's total compensation ($USD0.00) is below average for companies of similar size in the Spanish market ($USD316.17K).

Compensation vs Earnings: Félix's compensation has increased whilst the company is unprofitable.


Board Members

NamePositionTenureCompensationOwnership
Félix Abánades López
Chairman of the Boardno data€1.04m8.91%
€ 4.4m
Alberto Pérez Lejonagoitia
Corporate Finance Officer & Director12.5yrs€30.00k0.041%
€ 20.0k
Jorge Calvet Spinatsch
Independent Vice-Chairman of the Board of Directors6.25yrs€218.00k0.00015%
€ 73.3
Claudia Pickholz
Independent Director12.5yrs€90.00k0.00034%
€ 166.1
Simon Blaxland
Independent Director0.17yrno datano data
Carmen Recio
Independent Director0.17yrno datano data

6.3yrs

Average Tenure

Experienced Board: QBT's board of directors are considered experienced (6.3 years average tenure).


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: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Quabit Inmobiliaria, S.A.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Quabit Inmobiliaria, S.A.
  • Ticker: QBT
  • Exchange: BME
  • Founded:
  • Industry: Diversified Real Estate Activities
  • Sector: Real Estate
  • Market Cap: €48.849m
  • Shares outstanding: 145.38m
  • Website: https://www.grupoquabit.com

Number of Employees


Location

  • Quabit Inmobiliaria, S.A.
  • Calle Poeta Joan Maragall, 1 Planta 16
  • Madrid
  • Madrid
  • 28020
  • Spain

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
QBTBME (Bolsas y Mercados Espanoles)YesOrdinary SharesESEURMay 2006
0RGFLSE (London Stock Exchange)YesOrdinary SharesGBEURMay 2006
QBTEBATS-CHIXE (BATS 'Chi-X Europe')YesOrdinary SharesGBEURMay 2006

Biography

Quabit Inmobiliaria, S.A., a real estate company, engages in the real estate development and land management activities in Spain. It also manages residential and commercial properties, offices, warehouses, ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/09/30 21:32
End of Day Share Price2020/09/30 00:00
Earnings2020/06/30
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.